IMI plc
British engineering company
title: "IMI plc" type: doc version: 1 created: 2026-02-28 author: "Wikipedia contributors" status: active scope: public tags: ["aircraft-component-manufacturers-of-the-united-kingdom", "british-companies-established-in-1862", "companies-listed-on-the-london-stock-exchange", "engineering-companies-of-the-united-kingdom", "firearm-manufacturers-of-the-united-kingdom", "manufacturing-companies-based-in-birmingham,-west-midlands", "metal-companies-of-the-united-kingdom", "1862-establishments-in-england", "manufacturing-companies-established-in-1862", "companies-in-the-ftse-100-index"] description: "British engineering company" topic_path: "engineering" source: "https://en.wikipedia.org/wiki/IMI_plc" license: "CC BY-SA 4.0" wikipedia_page_id: 0 wikipedia_revision_id: 0
::summary British engineering company ::
::data[format=table title="Infobox company"]
| Field | Value |
|---|---|
| name | IMI plc |
| logo | IMI Plc Logo 2024.png |
| logo_size | 160px |
| former_name | {{Ubl |
| type | Public |
| traded_as | |
| foundation | 1862 |
| location | Birmingham, England, UK |
| key_people | Lord Smith (Chairman) |
| Roy Twite (CEO) | |
| revenue | £2,210.0 million (2024) |
| operating_income | £435.5 million (2024) |
| net_income | £248.5 million (2024) |
| num_employees | 10,000 (2026) |
| industry | Engineering |
| homepage | |
| :: |
| name = IMI plc | logo = IMI Plc Logo 2024.png | logo_size = 160px | former_name = {{Ubl | Imperial Metal Industries Limited (1962–1978) | IMI Limited (1978–1981) | type = Public | traded_as = | company_slogan = | foundation = 1862 | location = Birmingham, England, UK | key_people = Lord Smith (Chairman) Roy Twite (CEO) | revenue = £2,210.0 million (2024) | operating_income = £435.5 million (2024) | net_income = £248.5 million (2024) | num_employees = 10,000 (2026) | industry = Engineering | products = | homepage =
IMI plc (), formerly Imperial Metal Industries Limited (1962–1968) and IMI Limited (1978–1981), 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 100 Index.
History
The company was founded by Scottish entrepreneur George Kynoch who opened a percussion cap factory in Witton, West Midlands in 1862, trading as Kynoch. 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. The company, by then known as Nobel Explosives, was one of the four businesses that merged in 1927 to create Imperial Chemical Industries.
In the 1950s the company's researchers perfected the process for producing titanium on a commercial basis.
The name Imperial Metal Industries Limited (IMI for short) was adopted on the 100th anniversary of the firm in 1962. The company was listed on the London Stock Exchange in 1966. Initially ICI retained a majority holding, but in 1978 IMI became fully independent. In the 1990s the Company disposed of its more basic businesses such as metal smelting and metal founding.
In 2003, IMI moved from the Witton site to new headquarters close to Birmingham Airport.
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. 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.
In November 2022, it was announced IMI had acquired the Blackburn-based smart thermostatic control manufacturer, Heatmiser, for £110 million.
Sectors
::figure[src="https://upload.wikimedia.org/wikipedia/commons/3/32/Former_IMI_entrance,Perry_Barr-geograph.org.uk-_1671639.jpg" caption="Former IMI entrance at [[Perry Barr"] ::
The company is involved in five sectors:
- Process automation
- Industrial automation
- Climate control
- Life science & fluid control
- Transport
References
References
- "Annual Results 2024". IMI.
- "IMI at a Glance". IMI plc.
- "IMI PLC overview - Find and update company information - GOV.UK".
- (1979-05-02). "Company name changed\certificate issued on 02/05/79".
- (1981-11-02). "Certificate of re-registration from Private to Public Limited Company".
- "History". IMI.
- "About us". Eley.
- ''Records of IMI [Imperial Metal Industries] PLC and subsidiary companies'', 1865–1973, Walsall Local History Centre (Reference Code: 1000)
- (16 October 2013). "IMI boss says decade-long transformation complete". The Telegraph.
- (17 October 2013). "Berkshire Hathaway buys UK's IMI". The Telegraph.
- (2022-11-08). "Smart thermostat manufacturer set to be acquired for £110m {{!}} TheBusinessDesk.com".
- "What we do". IMI.
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