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Maytag History
Brief History of Maytag
The Company & The Corporation
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The position of leadership
occupied today by Maytag The Company and its parent, Maytag
Corporation, in the highly competitive appliance industry,
stand in sharp contrast to Maytag's modest beginnings as a
small, regional manufacturer of farm equipment. |
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In 1893
Frederick
Louis Maytag, who came to Iowa as a farm boy in a
covered wagon, joined his two brothers-in-laws and George W.
Parsons each contributed $600 for a total of $2,400 to start a
farm implement company. The company produced threshing
machine, band-cutter and self-feeder attachments invented by
one of the founders of the company. When
Fred
L. Maytag and his partners went into business in
1893, farmers often suffered injuries as a result of threshing
machine accidents. One of the company's earliest successes was
a threshing machine feeder, a device which fed straw more
safely into the threshing cylinder.
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Fred Louis Maytag
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By 1902, the company was the largest
feeder manufacturer in the world, and by 1904, The Ruth was
the most popular model.
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