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Hendrickson Holdings, L.L.C. is a privately held American holding company located in
Hendrickson Holdings, L.L.C. is a privately held American holding company located in Woodridge, Illinois
Woodridge is a village in DuPage County, Illinois, with small portions in Will and Cook counties, and a south-western suburb of Chicago. Per the 2020 census, the population was 34,158.
The village is just north of the I-55 junction with IL-53 ...
which, through its subsidiaries, designs and manufactures medium- and heavy-duty mechanical, elastomeric and air suspensions; integrated and non-integrated axle and brakes systems; tire pressure control systems; auxiliary lift axle systems; parabolic and multi-leaf springs; stabilizers; bumpers; and components to the global commercial transportation industry.
Hendrickson was founded by Magnus Hendrickson, a Swedish engineer who originally worked for Lauth-Juergens, in Ohio in 1913. Also in 1913, production was moved to Chicago, where Hendrickson manufactured trucks and truck parts. In 1926 Magnus' son, Robert Theodore Hendrickson I, developed the first tandem suspension, and from 1936, exclusively supplied this innovative type of suspension to International Harvester
The International Harvester Company (often abbreviated by IHC, IH, or simply International ( colloq.)) was an American manufacturer of agricultural and construction equipment, automobiles, commercial trucks, lawn and garden products, household e ...
.
Hendrickson relocated to Lyons, Illinois
Lyons is a village in Lyons Township, Cook County, Illinois, United States. Per the 2020 census, the population was 10,817. The Chicago Portage National Historic Site is located in Lyons.
History
Lyons was incorporated in 1888, though activi ...
in 1948, and expanded internationally by acquiring suspension companies in Europe, Canada, and South America. By the late 1970s, the company maintained more than nineteen points of presence worldwide.
Hendrickson was acquired in 1978 by The Boler Company
''The'' () is a grammatical article in English, denoting persons or things already mentioned, under discussion, implied or otherwise presumed familiar to listeners, readers, or speakers. It is the definite article in English. ''The'' is the m ...
, now its parent holding company
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies ...
. In 1985, the company sold the truck manufacturing portion of its business to concentrate on producing suspensions. As of 2022, it "presently has sales and distribution facilities and/or state-of-the-art manufacturing and research and development centers in the United States, Canada, Mexico, Colombia, United Kingdom, Germany, France, Austria, Romania, Poland, Turkey, India, China, Japan, Thailand, Australia and New Zealand.".
In August 2020, Hendrickson acquired the Stemco Motor Wheel brake drum and Crewson brake adjuster brands from Stemco
Stemco (from "''Specialized Truck Equipment Manufacturing Company''") is a Longview, Texas, based company that manufactures and distributes products for the global commercial vehicle market. Its major product categories include wheel end product ...
.
See also
*HME, Incorporated
HME, Incorporated (Hendrickson Mobile Equipment) is a custom fire engine manufacturer in Michigan.
The company was founded in as the ''Hendrickson Motor Truck Company'' by Mangus Hendrickson. Hendrickson Motor Truck Company was purchased by T ...
, the truck manufacturer
Notes
References
*"Leap of Faith" (John Boler CEO, The Boler Corporation)External links
* {{Illinois Corporations Companies based in DuPage County, Illinois Manufacturing companies based in Illinois Woodridge, Illinois Automotive suspension technologies