Full-service custom injection molder of engineered resins
pays tribute to its long history, with an eye on a bright future
On June 11th, Ferriot began a year-long celebration of its rich 90-year history with a special event for employees at its Akron, Ohio facilities.
Privately held since its founding in 1929, the company spans over five generations of the Ferriot family. In 1999, Ferriot Inc. expanded to its current 200,000-square-foot office and manufacturing facility at 1000 Arlington Circle in Akron, Ohio.
Although the name may not be immediately recognized, Ferriot Inc. manufactures products that the American consumer sees and touches every day—from ATM machines and gas pumps, to medical devices, jet skis and robots in retail stores. Ferriot also participates in the building products market through its wholly owned subsidiary, American Original Building Products. American Original manufactures a proprietary line of shake shingle siding.
Over the decades, buyers of plastic parts for medical equipment, business machines and industrial applications have learned to rely on Ferriot for their vast engineering experience. Collectively, the Ferriot team has nearly 1,500 years of experience in the injection molding business. Today, the company includes over 150 employees, with an average tenure of 10 years; with 34 people who have over 20 years of service, and 13 people with more than 30 years of service. The longest tenured employee, Bob Hoskin, has been with the company almost 46 years.
“Ferriot has experienced exceptional double-digit growth over the past several years by reinvesting in the business with new machinery, technology and talent,” said company president Craig Ferriot. “We’ve been successful at evolving and changing to stay ahead of other injection molders in the industry. We will continue to position ourselves in the most competitive ways possible to engage with and support our growing list of global clients.”
Ferriot continues, “Moving forward, our focus will remain on investment in infrastructure and new technologies that expand our capabilities and permits production of more complex products. Our continued commitment to the longevity of the company includes growing our engineering staff which allows us to expand upon our tool design expertise that helps bring our customer’s new product ideas to life.”
One example is the installation of the Negri Bossi BI-POWER VH2000-22500 press last year. “This is part of our long-term commitment to increase efficiency, boost labor productivity, simplify workflow, and ultimately deliver the highest quality plastic parts to our customers within budget and on time,” says Ferriot.
Throughout the 90th anniversary year, several events will be held for employees as well as the local community including various academic institutions and community outreach programs.
See the Ferriot 90th Anniversary page here. We’ll add new stories and photos to this page throughout the year-long celebration.