NuTone
{{Short description|US residential product manufacturer}}
{{Other uses|Nutone (disambiguation){{!}}Nutone}}
{{Infobox company
| name = NuTone
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| industry = Manufacturing
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| founded = 1936 Cincinnati, Ohio, United States
| founder = J. Ralph Corbett
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| products = {{hlist|doorbells|intercom systems|indoor air quality products||ventilation systems|range hoods|ceiling fans|Electric heating|built-in electric heaters|Ironing|ironing equipment|home theater system}}
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NuTone is an American company that manufactures products mainly for residential use, including doorbells, intercom systems, indoor air quality products, ventilation systems, range hoods, ceiling fans, built-in electric heaters, ironing equipment, and home theater systems.
The company was founded in 1936 by J. Ralph Corbett in Cincinnati, Ohio.{{cite news|title=Corbett Foundation's Patricia Corbett dies|url=http://www.bizjournals.com/cincinnati/stories/2008/01/28/daily12.html|accessdate=June 14, 2011|newspaper=Cincinnati Business Courier|date=January 28, 2008}} Corbett backed an inventor from Dayton, Ohio who was marketing a doorbell that could replace door buzzers. The inventor defaulted on Corbett's loan, and Corbett marketed the product under the NuTone brand, reducing production costs enough to make doorbells affordable and creating the doorbell market. NuTone became a publicly traded company in 1955. Other NuTone-created products included the residential kitchen ventilator hood and built-in kitchen countertop appliances. In 1967, when the Corbetts sold their interest in the company to the Scovill Manufacturing Company,{{cite news|title=J. Ralph Corbett, 91; Executive Aided Arts|url=https://www.nytimes.com/1988/10/05/obituaries/j-ralph-corbett-91-executive-aided-arts.html|accessdate=June 14, 2011|newspaper=New York Times|date=October 5, 1988}} NuTone was the largest American producer of home electrical products.{{cite journal|last=Wilson|first=Annasue McCleave|title=Looking for the Last Diva|journal=Cincinnati|date=December 2001}}{{cite journal|last=Miller|first=William J.|title=Ralph Corbett: Mister Music Chimes Again|journal=Cincinnati|date=May 1972}} The British home products manufacturer Valor purchased it in 1987 for $460 million.{{cite news|last=Harper|first=Timothy|title=Britons Lock in Profit via Yale, NuTone Deal|url=https://www.chicagotribune.com/1987/11/29/britons-lock-in-profit-via-yale-nutone-deal/|access-date=June 14, 2011|newspaper=Chicago Tribune|date=November 29, 1987}} Nortek, Inc. acquired it from Williams plc in 1998 for $242.5 million, adding it to the Broan Group.{{cite news|title=Nortek Agrees to Buy NuTone from Williams|url=https://www.nytimes.com/1998/03/11/business/company-news-nortek-agrees-to-buy-nutone-from-williams.html|accessdate=June 14, 2011|newspaper=New York Times|date=March 11, 1998}}
References
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External links
- {{Official|http://www.nutone.com}}
- [http://www.broan-nutone.com Broan-NuTone]
{{Authority control}}
Category:Home appliance manufacturers of the United States
Category:Manufacturing companies based in Ohio
Category:Companies based in Cincinnati