Tuesday, April 22, 2014

Exide Technologies: Energizing the World

Exide Technologies is an American manufacturing company that specializes in lead-acid batteries, including automotive and industrial batteries. It has four global business groups, namely, the Transportation Americas, Industrial Power Americas, Transportation Europe and Rest of World, and Industrial Power Europe and Rest of World. These groups provide stored electrical energy services and products to different clients and businesses in various industries worldwide.

Exide's international headquarters are situated in Milton, Georgia and has recycling and manufacturing plants located throughout the U.S., Europe, Australia, and the Pacific Rim. Recycling plants are located in Canon Hallow, Missouri; Baton Rouge, Louisiana; Muncie, Indiana; and Reading, Pennsylvania. They used to have recycling plants in Vernon, California and Frisco, Texas, but these have been closed a few years ago due to toxic emissions and/or leakages of lead and cadmium found through regulatory inspections.

The company's client base primarily come from the transportation markets, including original equipment and aftermarket automotive, agricultural, heavy-duty truck, marine applications, and new technologies for hybrid vehicles. Meanwhile, industrial markets include network power applications including telecommunications systems, rail transport, uninterruptible power supply (UPS), photovoltaic (solar-powered related), and motive-power applications such as forklift trucks, mining, and other related commercial vehicles.

Exide's origins can be traced back to 1888 when the Electric Storage Batter Company was founded by W.W. Gibbs who purchased the ideas and patents of Clement Payen, an inventor, to make the storage battery a commercial product. Gibbs aimed at electric lighting companies, believing that they can use storage batteries in providing services to their respective customers.

In 1900, the Electric Storage Battery Company developed a product that has greater capacity but with less weight, which are intended for use in electric taxicabs. This business was named Exide, a shortened term for "Excellent Oxide."

Over the years, Exide Technologies has been acquiring several businesses.

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