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Maytag History
Brief History of Maytag The Company & The
Corporation
| 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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