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Tokheim — Tokheim Manufacturing Company (Cedar Rapids) → Tokheim Oil Tank and Pump Company → Tokheim Corporation

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A gasoline pump made by Tokheim, preserved at the Automobile Driving Museum in El Segundo, California, and photographed in 2018.
A gasoline pump made by Tokheim, preserved at the Automobile Driving Museum in El Segundo, California, and photographed in 2018. CC0 · source file

1901 · Fort Wayne 1918 – 2006

Founded: 1901, Cedar Rapids, Iowa, with a 1900 variant flagged. NOT founded in Fort Wayne. The International Directory of Company Histories, ACGSI and Dover Fueling Solutions ("Since 1901") agree on 1901 for the Tokheim Manufacturing Company in Cedar Rapids. CONFLICT: Prabook, summarising the Biographical Dictionary of Iowa, says John Tokheim organised the company in Cedar Rapids later in 1900, after a January 1900 first patent for the "Visible Measuring Pump." Organisation (1900) vs. incorporation (1901) may be two steps, but no primary incorporation record was retrieved, so both are carried. Claims that Tokheim was "founded in 1898 in Cedar Rapids" conflate the 1898 invention (Thor, Iowa) with the company and are not followed. Fort Wayne arrival: 1918. A consortium led by Ralph F. Diserens purchased the company in 1918 and relocated its entire operations to Fort Wayne for favourable property rates; it was re-incorporated as the Tokheim Oil Tank and Pump Company, capitalised at $200,000, with Diserens as chairman, president, treasurer and general manager (d. 1925). Whether the buyers are described as Fort Wayne investors or as Diserens, Wayne Pump's general manager in Pittsburgh, varies by source — both descriptions are carried, neither alone.

Founder: John J. Tokheim (17 May 1871, Odda, Norway – 15 March 1941) — A Norwegian immigrant, tin-shop keeper in Thor, Iowa, from 1896, he devised an underground gasoline storage system served by a modified pump in 1898 — — the Tokheim Dome Oil Pump / visible measuring pump. A single biographical chain (Prabook / Biographical Dictionary of Iowa) adds that he lost control in 1910–11, was forced out, and did not reclaim the use of his own name until the 1918 sale — single-source; corroboration still wanting before it is stated more strongly. Simplified accounts that he simply "sold his company in 1918" are not followed.

What it did: Designed, manufactured and serviced petroleum dispensing systems — visible/measuring gasoline pumps and oil tanks, then computing pumps, service-station equipment, card- and cash-activated transaction and point-of-sale systems, commercial dispensers (Gasboy), and retail automation and payment systems.

Course (Fort Wayne): Within six months of arrival the plant had a tank shop, machine shop, assembly plant, paint and testing departments — (International Directory). 1920s firsts in hand: lamp-globe pump and blind curb pump (1920), a five-gallon hand pump with the first completely enclosed quantity-stop mechanism (1921); a side line, the Tokheim Chronoplan Traffic Control System, is recorded in The American City, August 1927 (via ACGSI). Depression-era firsts: the industry's first power pump with an air separator (1930), the first Tokheim computing pumps showing gallons and dollars/cents (1934), and the "Stationliter" pump (1936). In World War II the Fort Wayne plant built bombs — RAF demolition bombs and trench-mortar bombs under British contracts, then U.S. contracts — (International Directory; the News-Sentinel war history states plainly: "Bombs were built at the Tokheim and Wayne Pump plants"). Post-war: the "Tokheim Twin" (1956), described as the industry's most popular dispenser; multi-blender pumps in the 1960s; self-service and solid-state dispensers in the 1970s. Peak: by the mid-1990s Tokheim was the undisputed North American gasoline-dispensing market leader, with sales of $279 million and 3,000 employees company-wide in 1996 (not a Fort Wayne headcount); its 1996 acquisition of Paris-based Sofitam S.A. took combined revenue over $400 million and made it the world's leader in the petroleum equipment industry. ACGSI's undated "world's largest producer of gasoline pumps" is carried undated, as sourced. Fort Wayne addresses in primary filings: 1600 Wabash Avenue (plant/principal office; a 1995 city tax-abatement file would retain 625 full-time Fort Wayne jobs there — ) and 10501 Corporate Drive (corporate address in 1995–2003 SEC filings); the two co-existed and neither is treated as a move date. By late 2002 about 500 people remained in Fort Wayne. Catalogue caution: the Smithsonian describes a "Gasoline Pump, 1910" as made by "The Tokheim Oil Tank and Pump Company, of Fort Wayne" — that Fort Wayne name dates from 1918, so the catalogue entry as stated is anachronistic and is flagged as catalogued until reconciled.

Fate: Independent corporation ended by bankruptcy and split sale; Fort Wayne plant closed 2006; brand still operating outside Fort Wayne — the three endings are kept distinct. First bankruptcy: a joint prepackaged plan filed 28 August 2000, confirmed 4 October 2000, effective 20 October 2000 — (SEC). Second bankruptcy: Tokheim Corp. and five subsidiaries filed Chapter 11 on 21 November 2002 (District of Delaware, Case No. 02-13437) — (SEC). The North American assets were auctioned 8 February 2003; the corporation was split in 2003 — North America to First Reserve (with a reported intention to assign Tokheim North America to Dresser Inc.), international assets to Tokheim S.A.S. (94% AXA Private Equity) — and the corporation was liquidated 6 August 2003 per ACGSI/Bloomberg. The Fort Wayne plant closed 28 February 2006 — thin chain (ACGSI citing KPCNews, 28 Feb 2006; the original article was not retrieved first-hand, and which successor operated the plant 2003–2006 is not established on the sources in hand). The international business passed AXA (2003) → Cognetas (2005) → Dover: Dover completed its acquisition of Tokheim Group S.A.S.'s dispenser and systems businesses on 7 January 2016 (announced 7 Sept 2015 at EUR 425 million / ~$465 million) — (Dover/OPW press releases) — and Tokheim continues today as a brand under Dover Fueling Solutions, headquartered outside Fort Wayne, with no Fort Wayne operation shown after 2006.

Sources:

  1. International Directory of Company Histories, Tokheim Corporation (1898 invention; 1901 founding; 1918 purchase/relocation/$200,000; course to 1996/Sofitam) — https://www.encyclopedia.com/books/politics-and-business-magazines/tokheim-corporation
  2. ACGSI / Allen INGenWeb, T Named Places (1901/1918; NYSE/2000; liquidation 6 Aug 2003; plant closed 28 Feb 2006) — https://www.acgsi.org/genweb/county/places/t-named-places-in-allen-county-indiana.html
  3. Prabook / Biographical Dictionary of Iowa, John J. Tokheim (1900 organisation/patent; 1910–11 forced exit) — https://prabook.com/web/john.tokheim/3779086
  4. SEC NT 10-K, filed 3 Mar 2003 (21 Nov 2002 Chapter 11; 8 Feb 2003 auction) — http://pdf.secdatabase.com/1658/0000950172-03-000671.pdf
  5. SEC 10-Q, filed 27 Oct 2000 (2000 prepackaged plan) — http://pdf.secdatabase.com/1772/0000950172-00-001785.pdf
  6. City of Fort Wayne Ordinance R-95-11-06 (1995) (1600 Wabash Ave.; 625 jobs) — https://archive.org/download/FWCityCouncil-Ordinance-R-95-11-06/FWCityCouncil-Ordinance-R-95-11-06.pdf
  7. Dover / OPW press release, 7 Jan 2016 (completion of Tokheim acquisition) — https://www.opwglobal.com/docs/libraries/kps-emea/distributor-releases/distributor-releases/press-release_opw_tokheim-acquisition.pdf?sfvrsn=3e79b6c4_4
  8. Dover Fueling Solutions, Tokheim brand page ("Since 1901") — https://www.doverfuelingsolutions.com/europe/en/products-and-solutions/fuel-dispensers/tokheim.html
  9. News-Sentinel Fort Wayne war history (bombs at Tokheim and Wayne Pump plants) — http://egen.fortwayne.com/ns/projects/history/2000/1940/war11.php

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Source: Tokheim — Tokheim Manufacturing Company (Cedar Rapids) → Tokheim Oil Tank and Pump Company → Tokheim Corporation, Moosed History by Project Moosed, https://history.projectmoosed.com/usa/midwest/indiana/fort-wayne/business/tokheim-tokheim-manufacturing-company-cedar-rapids-tokheim-oil-tank/