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Fredrick A. Krehbiel II

Mr. Fred Krehbiel is Co-Chairman of Molex Incorporated. Molex Incorporated is a leading manufacturer of electrical/electronic interconnecting products. Molex connections are sold globally to manufacturers of computers, computer peripheral equipment, TV's, VCR's, home appliances, business machines, telecommunications equipment, automobiles and medical electronics. Molex was founded in 1938 by Frederick A. Krehbiel, Fred's grandfather.

Mr. Krehbiel graduated with a B.A. degree from Lake Forest College in 1963. He did graduate work at Georgetown University and the University of Leicester in Leicester England.

In 1965 Mr. Krehbiel joined Molex and in 1967 he started the firm's International Operations. Today, Molex has manufacturing and/or sales offices and warehousing operations in 50 countries. The firm's International Operations now account for over 60% of Molex's total corporate sales and profits.

Fred Krehbiel

Mr. Krehbiel is a Director of Molex, Tellabs, Inc., and DeVry Inc. He is Chairman of the Chicago Zoological Society and a Trustee of the Rush University Medical Center, Chicago Symphony Orchestra, Chicago Lyric Opera, Museum of Science and Industry, School of the Art Institute of Chicago, and Chicago Historical Society.

 

 

About Molex

Molex® NASDAQ: MOLX is a manufacturer of electronic components, including electrical and fiber optic interconnection products and systems, switches, integrated products and application tooling. Founded in 1938, the company currently operates on six continents and makes annual sales of over $2 billion.

Molex serves OEMs in industries that include automotive, business equipment, consumer products, industrial equipment, premises wiring and telecommunications. They offer more than 100,000 products to customers through direct sales and distributors.

A Brief Company History

Molex is a plastic material developed by the late Frederick August Krehbiel. In 1938, he founded the Molex Products Company in Brookfield, Illinois to manufacture a variety of products from this material, including clock cases, flowerpots, valve wheels and salt tablet dispensers.

In 1940, one of Frederick's sons, John H. Krehbiel, Sr., joined Molex and soon recognized the importance of this material's excellent electrical insulating properties. Later in the decade, Molex added metal stamping to its molding processes, resulting in its first connector assembly for Hotpoint/GE.

In the 1950s, Molex rapidly penetrated the appliance market with its low-cost connector terminal blocks. The company launched its first plug and receptacle connector line in 1953. Through the rest of the decade, Molex continued to increase the range of its products for a variety of consumer and capital goods applications.

In 1960 the company introduced its first nylon plug and receptacle line, marking its evolution from a manufacturer of a material called Molex to an electronics corporation named Molex.

By 1967, Molex had established an international division, opening its first plant in Japan in 1970 and its second in Ireland in 1971. Today, Molex operates 58 factories in 19 countries, and more than two-thirds of annual company revenues are derived from products manufactured and sold outside the US.

Molex kept pace with the growth of the electronics industry in the 1980s by expanding its product lines to better serve the computer and business equipment markets. The company also established itself as a preferred supplier to the automotive industry.

In the early 1990s, Molex again proved its versatility by entering global growth industries such as telecommunications, industrial automation and premise networking. Today, as one of the world's leading manufacturers of interconnection products and systems, the company continues its drive into new industries and applications.

Molex (MOLX), is traded on the NASDAQ National Market System in the US and the London Stock Exchange.

[source: http://www.molex.com]

 

 

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