
Ferodo is a British
brake
A brake is a mechanical device that inhibits motion by absorbing energy from a moving system. It is used for slowing or stopping a moving vehicle, wheel, axle, or to prevent its motion, most often accomplished by means of friction.
Backgroun ...
company based in
Chapel-en-le-Frith
Chapel-en-le-Frith () is a town and civil parish in the Borough of High Peak in Derbyshire, England.
It has been dubbed the "Capital of the Peak", in reference to the Peak District, historically the upperland areas between the Saxon lands (bel ...
in
High Peak, Derbyshire
High Peak is a local government district with borough status in Derbyshire, England. The borough compromises high moorland plateau in the Dark Peak area of the Peak District National Park. The district stretches from Holme Moss in the north ...
.
History

It was founded in 1897 by
Herbert Frood (1864-1931), with manufacturing starting in
Gorton
Gorton is an area of Manchester in North West England, southeast of the city centre. The population at the 2011 census was 36,055. Neighbouring areas include Levenshulme and Openshaw.
A major landmark is Gorton Monastery, a 19th-century ...
in 1901 and moving to Chapel-en-le-Frith in 1902. Ferodo was the first company to use
asbestos for brake linings and developed the first modern brake friction materials.
Ferodo UK became part of
Turner & Newall
Turner & Newall was a manufacturing business based in Manchester, United Kingdom. At its peak, it was a constituent of the FT 30 index of leading companies on the London Stock Exchange. As part of their business, the company was one of the firs ...
in 1926. It had a factory at Chapel-en-le-Frith and in 1964 opened another at
Caernarfon
Caernarfon (; ) is a royal town, community and port in Gwynedd, Wales, with a population of 9,852 (with Caeathro). It lies along the A487 road, on the eastern shore of the Menai Strait, opposite the Isle of Anglesey. The city of Bangor i ...
.
In 1998 Turner & Newall was acquired by the huge automotive group
Federal-Mogul
Federal-Mogul Corporation is an American developer, manufacturer and supplier of products for automotive, commercial, aerospace, marine, rail and off-road vehicles; and industrial, agricultural and power-generation applications. It was acquire ...
. It is now part of Federal-Mogul Aftermarket UK Limited. In 2012 £13m was invested in new floors, insulation, low energy heating and new process machines.
Asbestos trust
Federal-Mogul got into financial difficulties and filed for
Chapter 11
Chapter 11 of the United States Bankruptcy Code ( Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whet ...
protection as a result of
asbestosis
Asbestosis is long-term inflammation and scarring of the lungs due to asbestos fibers. Symptoms may include shortness of breath, cough, wheezing, and chest tightness. Complications may include lung cancer, mesothelioma, and pulmonary heart diseas ...
claims. In the
United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the European mainland, continental mainland. It comprises England, Scotlan ...
the business went into administration in October 2001, leaving a pension fund deficit estimated at
£400 million.
The T&N Subfund of the Federal-Mogul Asbestos Trust was organized to pay all valid Asbestos Trust claims for which the T&N Entities have legal responsibility. The Trust was created December 27, 2007 as a result of the confirmation of The Federal-Mogul Chapter 11 Joint Plan of Reorganization.
For claimants whose principal exposure to asbestos was in the United Kingdom or one of several other non-US countries, a UK Asbestos Trust was established to provide for the payment of asbestos claims in addition to the US-focused Asbestos Trust described above. This includes posthumous payments to families of Ferodo factory workers.
Advertising
Ferodo is famous in Britain for advertising by having the Ferodo brand name painted on railway bridges over main roads.
References
External links
*
Peakland Heritage - a brief history of Henry Frood and FerodoGeograph photo of Chapel factory entranceGeograph photo of former Caernarfon factory closed in 2004
{{Authority control
Auto parts suppliers of the United Kingdom
Brakes
Manufacturing companies established in 1897
Companies based in Derbyshire
1897 establishments in England