Yale’s History and Expansion
– Established in 1840 by Linus Yale Jr.
– Initially known as Yale Lock Manufacturing Co.
– Expanded repertoire to include manufacturing chain blocks, electric hoists, cranes, and testing machines
– Established branches in Philadelphia, Boston, and Chicago by 1880
– Entered the global market through partnerships, mergers, acquisitions, and joint ventures
– Became the largest locks and door closer manufacturer in the world by 1929
– Established an exclusive showroom in the Chrysler Building in New York
– Entered the British market by acquiring H&T Vaughan, a lock manufacturer
– Ventured into the early motor industry by supplying locks to various manufacturers
– Sold British Yale Security subsidiaries to Assa Abloy in 2000
Yale’s Innovations
– Secured eight patents between 1843 and 1857 for items like the pin tumbler safe lock, bank lock, and padlock
– Introduced battery-powered low-lift platform truck in 1920
– Developed high heat-resistant Class-H silicon insulation for electric motors in the 1930s
– Pioneered the use of diecast-based leaf tumbler technology for window locks in the 1960s
– Supplied locks to Rolls-Royce Motors until 1991
Yale’s Presence in Willenhall
– Acquired H&T Vaughan, a lock manufacturer located in Wood Street, Willenhall
– Solidified Yale’s position as the historical hub of the British lock industry
– Became a major employer in the town
– Supplied locks to the early motor industry in Willenhall
– Certain segments of the Willenhall operation were shuttered after a merger with Valor Company
Yale’s Relocation
– Relocated factories from Lenoir City, Tennessee to Berlin, Connecticut between 2012 and 2013
– Assa Abloy initiated the relocation
– Yale’s factories had been based in Lenoir City since 1953
– Berlin, Connecticut became the new location for Yale’s factories
– The relocation aimed to improve efficiency and operations
Yale’s Global Expansion
– Established branches in Philadelphia, Boston, and Chicago by 1880
– Entered the global market through partnerships, mergers, acquisitions, and joint ventures
– Sold British Yale Security subsidiaries to Assa Abloy in 2000Sources: https://en.wikipedia.org/wiki/Yale_(company)
