as lse imi otcqx imiay industry engineering founded 1862 headquarters birmingham england key people lord smith chairman mark selway ceo revenue 1 557 million 2015 1 operating income 236.9 million 2015 1 net income 130.0 million 2015 1 number of employees 12 100 2015 1 website www.imiplc.com imi plc lse imi formerly imperial metal industries is a british based engineering company headquartered in birmingham england . it is listed on the london stock exchange and is a constituent of the ftse 250 index . contents 1 history 2 business platforms 3 references 4 external links history edit the company was founded by scottish entrepreneur george kynoch who opened a percussion cap factory in witton west midlands in 1862 trading as kynoch . 2 the business soon diversified manufacturing goods ranging from soap and bicycle components to non ferrous metals but by the early 20th century it had developed particular expertise in metallurgy . 2 after world war i it merged with nobel industries . 2 in 1926 the company acquired eley brothers an ammunition business . 3 the company by then known as nobel explosives was one of the four businesses which merged in 1927 to create imperial chemical industries . 2 the witton site became the head office of ici metals . 2 in the 1950s the company s researchers perfected the process for producing titanium on a commercial basis . 2 in 1958 ici metals bought 50 % of yorkshire imperial metals it acquired the other 50 % four years later . 4 the name imperial metal industries limited imi for short was adopted on the 100th anniversary of the firm in 1962 . 2 the company was listed on the london stock exchange in 1966 . 2 initially ici retained a majority holding but in 1978 imi became fully independent . 2 in the 1990s the company disposed of its more basic businesses such as metal smelting and metal founding . 2 the company announced in october 2013 that a decade long programme of transformation had been completed with the disposal of two non core subsidiaries to berkshire hathaway for 690m . 5 the disposal of the cornelius group a beverage dispensing machine business together with the disposal of a marketing intelligence business would enable the company to focus on its control valve making business . 6 business platforms edit former imi entrance at perry barr the company now has three business divisions 7 critical engineering critical engineering division precision engineering precision engineering division hydronic engineering hydronic engineering division references edit a b c d annual report 2015 pdf . imi . retrieved 9 april 2016 . a b c d e f g h i j history . imi . retrieved 10 march 2014 . about us . eley . retrieved 10 march 2014 . i.c.i. and yorkshire copper works the times 4 january 1958 p. 12 imi boss says decade long transformation complete . the telegraph . 16 october 2013 . retrieved 10 march 2014 . berkshire hathaway buys uk s imi . the telegraph . 17 october 2013 . retrieved 10 march 2014 . our businesses . imi . retrieved 10 march 2014 . external links edit official website yahoo profile an unofficial history of kynoch works v t e ftse 100 ftse 250 companies of the united kingdom 3i infrastructure aa aberdeen asset management aberforth smaller companies trust acacia mining aggreko aldermore group alliance trust allied minds amec foster wheeler ao world ascential ashmore group assura atkins auto trader group aveva balfour beatty bankers investment trust barr a.g. bba aviation beazley group bellway berendsen berkeley group holdings bank of georgia bh macro big yellow group b & m european retail value bodycote booker group bovis homes group brewin dolphin holdings british empire trust britvic brown n. btg plc cairn energy caledonia investments capital & counties properties card factory carillion centamin cineworld city of london investment trust clarkson close brothers group cls holdings cmc markets cobham computacenter countryside properties countrywide cranswick crest nicholson cybg daejan holdings dairy crest debenhams dechra pharmaceuticals derwent london dfs dignity diploma domino s pizza drax group dunelm group edinburgh investment trust electra private equity electrocomponents elementis entertainment one essentra esure euromoney institutional investor evraz f & c commercial property trust fidelity china special situations fidelity european values fidessa group finsbury growth & income trust firstgroup fisher james & sons foreign & colonial investment trust g4s galliford try gcp infrastructure investments genesis emerging markets fund genus go ahead group grafton group grainger great portland estates greencoat uk wind greencore greene king greggs gvc holdings halfords group halma hansteen holdings harbourvest global private equity hastings group hays henderson group hicl infrastructure company hill & smith hiscox hochschild mining homeserve howdens joinery hunting ibstock icap ig group holdings imi inchcape indivior inmarsat intermediate capital group international personal finance international public partnerships investec ip group jardine lloyd thompson jd sports john laing group john laing infrastructure fund jpmorgan american investment trust jpmorgan emerging markets investment trust jpmorgan indian investment trust jrp group jupiter fund management just eat kaz minerals keller kennedy wilson europe real estate kier group ladbrokes laird lancashire holdings londonmetric property man group marshalls marston s mccarthy & stone meggitt mercantile investment trust metro bank millennium & copthorne hotels mitchells & butlers mitie moneysupermarket.com group monks investment trust morgan advanced materials murray international trust national express group nb global ncc nmc health ocado group onesavings bank p2p global investments pagegroup paragon group of companies paypoint paysafe pennon group perpetual income & growth investment trust personal assets trust petrofac pets at home phoenix group holdings playtech polar capital technology trust polypipe premier farnell pz cussons qinetiq rank group rathbone brothers redefine international redrow regus group renewables infrastructure group renishaw rentokil initial restaurant group rightmove rit capital partners riverstone energy rotork rpc group safestore saga savills scottish investment trust scottish mortgage investment trust segro senior serco shaftesbury shawbrook bank sig plc smith ds smurfit kappa group softcat sophos spectris spirax sarco engineering spire healthcare sports direct ssp group stagecoach group st. modwen properties supergroup svg capital synthomer talktalk group tate & lyle ted baker telecom plus temple bar investment trust templeton emerging markets investment trust thomas cook group tritax big box reit tr property investment trust tullett prebon tullow oil ubm udg healthcare uk commercial property trust ultra electronics holdings unite group vectura group vedanta resources vesuvius victrex virgin money weir group wetherspoon j d w h smith william hill witan investment trust wizz air woodford patient capital trust wood group workspace group worldwide healthcare trust zoopla retrieved from https en.wikipedia.org w index.php title imi plc & oldid 734226237 categories companies listed on the pink sheetsengineering companies of the united kingdomcompanies listed on the london stock exchangemanufacturing companies based in birmingham west midlandsfirearm manufacturers of the united kingdomcompanies established in 18621862 establishments in englandhidden categories use dmy dates from april 2011 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this 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