Koni

Already in 1857, KONI began business life at Oud Beijerland in the Netherlands, with the manufacturing of horse harnesses and upholstery. By 1918, production switched firstly to radiator and spring covers and later also to metal car panel beating and spraying. In 1932, KONI started the production of friction shock absorbers. In 1940, a manifold for cars was the first product bearing the name KONI.

In 1945, the factory produced its first adjustable telescopic shock absorbers for cars and trucks, soon followed by specially designed dampers for railway rolling stock.

Subject ID: 5376

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Already in 1857, KONI began business life at Oud Beijerland in the Netherlands, with the manufacturing of horse harnesses and upholstery. By 1918, production switched firstly to radiator and spring covers and later also to metal car panel beating and spraying. In 1932, KONI started the production of friction shock absorbers. In 1940, a manifold for cars was the first product bearing the name KONI.

In 1945, the factory produced its first adjustable telescopic shock absorbers for cars and trucks, soon followed by specially designed dampers for railway rolling stock.

Since 1950, KONI has developed from a skilled small local company into a multi-national shock absorber specialist with subsidiaries in France, Germany, and the U.S.A. and with independent national distributors and agents in more than 90 countries in the world.

In 1972, ITT Corporation, NY, USA, a global multi-industry company acquired KONI now being a part of its Motion & Flow Control segment. In addition to the New York Stock Exchange, ITT's common stock is traded on the Midwest, Pacific, London, Frankfurt, and Paris exchanges.

Subject ID: 5376

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