| Mayor's Office |
Thu, Jan 29, 2004
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Federal-Mogul Receives Mayor's Spirit of St. Louis Award
ST. LOUIS - Mayor Francis G. Slay presented the Mayor's Spirit of St. Louis Award today to Federal-Mogul Corporation, an automobile parts manufacturing company located at 3700 Forest Park Blvd.
The Mayor's Spirit of St. Louis Award recognizes businesses that make major expansions or improvements to their existing City locations, businesses that open or relocate to the City, and certain major City projects.
In the summer of 1999, after laying off nearly 400 employees, Federal-Mogul was looking to move from the City to an area where it could reduce production costs. Instead, the company landed the Ford Motor Co. account and stayed at its City location. Federal-Mogul invested nearly $15 million to purchase new equipment and modernize the foundry portion of the site. The company also improved its environmental and safety records during this period of growth in production.
"The Spirit of St. Louis Award is reserved for members of the St. Louis business community who have the vision to recognize the enormous potential of this city and the dedication required to make that vision a reality, "Mayor Slay said. "This award recognizes excellence in business - and so it is fitting that we are giving the Spirit of St. Louis Award to Federal-Mogul."
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