Industrial Clutch Corporation was founded in 1930 in Waukesha, Wisconsin by Tom Fawick and Clearance Eason. As the business expanded, they opened the current facility in 1936. The business remained in the Eason family for several generations.
In 2000, Colfax purchased Wichita Clutch and combined the two organizations to leverage their strong suites to become a leading manufacturer of clutches and brakes for industry. Industrial Clutch began by designing and manufacturing clutches and brakes for a variety of industrial applications. The patented "Flex Disc" design was incorporated into many machines that are still in use today. Throughout the years, the model LK Clutch and LKB Brake have been the mainstay of the business with numerous variations created around their low inertia designs. In 1980, Industrial Clutch developed several styles of wet; oil immersed combination clutch brakes and individual units utilizing the oil shear technology required for many grueling applications.