Ingersoll Axles is a member of the IMT Partnership, which recently celebrated its 100th anniversary with a wealth of experience and accomplishment—and a hopeful outlook for breaking new ground going forward.
In 1913, a small factory in the city of Ingersoll was constructed for the production of a soap called “Fun to Wash.” While “Fun to Wash” sadly had a very short life, the factory was converted to the making of brooms, and in 1914 it was purchased by E.A. Wilson, who used the facility in forming Ingersoll Machine & Tool in 1915.
Ingersoll Machine & Tool specialized in the manufacture of steering gear assembles for cars and boats – including car starters, steering gears, milimetre shells, truck axle parts, house trailer parts and machine parts. IMT established a major presence within the automotive industry, and by the early 1930s, IMT made every steering gear assembly for Canadian-built Ford, Mercury, Dodge, Chrysler, DeSoto, Plymouth, Hudson, and Nash cars.
The next several decades saw major growth and expansion of the company’s ventures, and IMT became publicly owned in 1947 with a listing on the Toronto Stock Exchange. By the early 1970s, IMT had branched out into the production of washing machines and even hover crafts.
In 1970 Ivaco acquired a majority interest in IMT further strengthening IMT’s capabilities in 1981 with the acquisition of PC Forge following the awarding of a 10-year, $100 million federal contract for large-caliber ammunition shells.
The following year, a new, modern facility was built to replace IMT’s original building – with the help of a $125,000 grant from the City of Ingersoll.
IMT developed its own self-steering axle in 1990 in recognition of the market’s need for excellence in this category. IMT was determined to provide to quality, quick delivery times and the ability to provide special applications for IMT customers. The resulting product, now known as the SmartSteer Axle, remains the lightest and strongest leading king pin self-steering axle in the world. The SmartSteer Axle is so highly regarded, IMT has become known as the self-steering axle leader in every country in the world that uses this axle category. Today, IMT serves a diverse and global client base, and is one of the leading innovators in self-steering axles, with the SmartSteer Axle setting the standard for the truck and trailer market.