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Amec Foster Wheeler history
Amec Foster Wheeler company history timeline
In 1891, Wheeler Condenser and Engineering Company was created with offices in New York City and a plant in Carteret, New Jersey.
Power Specialty Company, founded in New York City in 1900, followed a pattern of growth similar to that of Wheeler Condenser & Engineering.
Although Foster Wheeler was incorporated in 1927, the origins of the enterprise date several decades earlier to the founding of two manufacturing companies: Wheeler Condenser & Engineering Company and Power Specialty Company.
In 1927 the two companies merged, forming the Foster Wheeler Corporation, and established their headquarters in New York City.
In 1928, Foster Wheeler Limited (Canada), another former Power Specialty office, was incorporated, with a manufacturing plant and offices in Ontario, Canada.
During the 1950’s, Foster Wheeler developed its membrane wall panel construction and acquired the MB pulverizer technology which later evolved into the current MBF pulverizer.
Foster Wheeler sold its first subcritical once through steam generator in 1964 to the Morgan Creek Station.
Ltd. was established in Victoria, Australia, in 1967.
The first, Fritz W. Glitsch and Sons, Inc. (renamed Glitsch International, Inc.), manufactures fractionating equipment and pressure vessels and was obtained in 1967.
Beginning in 1974, the company embarked on a significant reorganization plan.
For example, in 1980 the energy equipment group designed and constructed the first private industry fluidized bed steam generator fired by coal in the United States.
In 1993, Foster Wheeler commissioned the first coal fired SCR systems in the United States.
Foster Wheeler reorganized in 1993, incorporating its environmental group into its engineering and construction group.
In 1995 the company expanded further both internationally and domestically.
The company received $250 million cash for Glitch, which had revenues of $300 million in 1996.
In 1997 Foster Wheeler reorganized its pharmaceutical and fine chemicals unit.
After 2000, Foster Wheeler recognized that having strategic license partners in key markets would promote the use of Foster Wheeler technology.
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Amec Foster Wheeler may also be known as or be related to AMEC PLC and Amec Foster Wheeler.