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Aleris International
Aleris Corporation (also Aleris Inc. or Aleris International Inc.) was an American Aluminium, aluminum rolled products Production (economics), producer, based in Beachwood, Ohio. The company had approximately 5,000 employees globally as of mid 2015. On 15 April 2020, Aleris Corporation was acquired by Hindalco Industries subsidiary Novelis Inc. for $2.8 billion. With the deal closure, Hindalco is now one of the world's largest aluminium makers and Novelis' entered into the high-end aerospace segment. Corporate affairs Aleris was an Aluminium, aluminum rolled products Production (economics), producer, based in Beachwood, Ohio, a suburb of Cleveland. The privately held company had approximately 5,000 employees overall, as of mid 2015, around 200 of which are based in Northeast Ohio, including a manufacturing facility in Uhrichsville, Ohio. Aleris has private equity owners, including Apollo Global and Oaktree Capital Management. Steve Demetriou served as the first chairman and chief ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Beachwood, Ohio
Beachwood is a city in eastern Cuyahoga County, Ohio, United States, and a suburb of Cleveland. As of the 2020 census the city's population was 14,040. History The land that eventually became Beachwood was originally part of the Connecticut Western Reserve. Before becoming an independent municipality, Beachwood was part of Warrensville Township. In 1915, it seceded from Warrensville after the Township voted to close a nearby area school. A petition was organized, and on June 26, 1915, Beachwood was incorporated into an independent village. In 1960, Beachwood had reached the number of residents to attain city status under the Ohio Revised Code. Beachwood was named for the numerous Beech trees that grew throughout the village. The origin of the spelling of the city is disputed. Upon incorporation, the city's name was originally spelled, "Beechwood". One popular theory is that an early village hall clerk misspelled the name on some official documents, giving rise to the current sp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oaktree Capital Management
Oaktree Capital Management is an American global asset management firm specializing in alternative investment strategies. As of March 31, 2022, the company managed $164 billion for its clientele. The firm was co-founded in 1995 by a group that had formerly worked together at the TCW Group starting in the 1980s. On April 12, 2012, Oaktree Capital Group LLC became listed on the . On March 13, 2019, Canada's Brookfield Asset Management announced that it had agreed to buy 62% of Oaktree Capital Management for approximately $4.7 billion. Firm overview The firm is based in Los Angeles, and has over 1,000 employees in offices in 19 cities worldwide (Los Angeles; London; New York City; Hong Kong; Stamford, Connecticut, Tokyo, Luxembourg, Paris, Frankfurt, Singapore, Seoul, Beijing; Amsterdam; Dubai; Houston, Helsinki, Dublin, Shanghai and Sydney). The company's co-chairman, Howard Marks (investor), Howard Marks, is known in the investment community for his letters to investors. Sinc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Great Recession
The Great Recession was a period of marked general decline, i.e. a recession, observed in national economies globally that occurred from late 2007 into 2009. The scale and timing of the recession varied from country to country (see map). At the time, the International Monetary Fund (IMF) concluded that it was the most severe economic and financial meltdown since the Great Depression. One result was a serious disruption of normal international relations. The causes of the Great Recession include a combination of vulnerabilities that developed in the financial system, along with a series of triggering events that began with the bursting of the United States housing bubble in 2005–2012. When housing prices fell and homeowners began to abandon their mortgages, the value of mortgage-backed securities held by investment banks declined in 2007–2008, causing several to collapse or be bailed out in September 2008. This 2007–2008 phase was called the subprime mortgage crisis. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Crisis Of 2007–2008
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Clean Air Act (United States)
The Clean Air Act (CAA) is the United States' primary federal air quality law, intended to reduce and control air pollution nationwide. Initially enacted in 1963 and amended many times since, it is one of the United States' first and most influential modern environmental laws. As with many other major U.S. federal environmental statutes, the Clean Air Act is administered by the U.S. Environmental Protection Agency (EPA), in coordination with state, local, and tribal governments. EPA develops extensive administrative regulations to carry out the law's mandates. The associated regulatory programs are often technical and complex. Among the most important, the National Ambient Air Quality Standards program sets standards for concentrations of certain pollutants in outdoor air; the National Emissions Standards for Hazardous Air Pollutants program sets standards for emissions of particular hazardous pollutants from specific sources. Other programs create requirements for vehicle f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Department Of Justice
The United States Department of Justice (DOJ), also known as the Justice Department, is a federal executive department of the United States government tasked with the enforcement of federal law and administration of justice in the United States. It is equivalent to the justice or interior ministries of other countries. The department is headed by the U.S. attorney general, who reports directly to the president of the United States and is a member of the president's Cabinet. The current attorney general is Merrick Garland, who was sworn in on March 11, 2021. The modern incarnation of the Justice Department was formed in 1870 during the Ulysses S. Grant presidency. The department comprises federal law enforcement agencies, including the Federal Bureau of Investigation, the U.S. Marshals Service, the Bureau of Alcohol, Tobacco, Firearms and Explosives, the Drug Enforcement Administration, and the Federal Bureau of Prisons. It also has eight major divisions of lawyers who rep ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid digital subscribers. It also is a producer of popular podcasts such as '' The Daily''. Founded in 1851 by Henry Jarvis Raymond and George Jones, it was initially published by Raymond, Jones & Company. The ''Times'' has won 132 Pulitzer Prizes, the most of any newspaper, and has long been regarded as a national " newspaper of record". For print it is ranked 18th in the world by circulation and 3rd in the U.S. The paper is owned by the New York Times Company, which is publicly traded. It has been governed by the Sulzberger family since 1896, through a dual-class share structure after its shares became publicly traded. A. G. Sulzberger, the paper's publisher and the company's chairman, is the fifth generation of the family to head the pa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Extrusion
Extrusion is a process used to create objects of a fixed cross-sectional profile by pushing material through a die of the desired cross-section. Its two main advantages over other manufacturing processes are its ability to create very complex cross-sections; and to work materials that are brittle, because the material encounters only compressive and shear stresses. It also creates excellent surface finish and gives considerable freedom of form in the design process. Drawing is a similar process, using the tensile strength of the material to pull it through the die. It limits the amount of change that can be performed in one step, so it is limited to simpler shapes, and multiple stages are usually needed. Drawing is the main way to produce wire. Metal bars and tubes are also often drawn. Extrusion may be continuous (theoretically producing indefinitely long material) or semi-continuous (producing many pieces). It can be done with hot or cold material. Commonly extruded materials ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corus Group
Corus may refer to: Places *Çörüş, Gazipaşa, a village in Antalya Province, Turkey Facilities and structures * Corus Quay, Toronto, Ontario, Canada; an office tower Fictional locations * Corus, a fictional world that is the setting for the fantasy series ''The Corean Chronicles'' by L. E. Modesitt, Jr. People Mythological characters * Corus or Caurus, one of the Anemoi#Minor winds, Anemoi and the Roman god of the northwest wind *Corus (mythology), in Greek mythology the spirit and personification of surfeit and disdain Events * Battle of Corus (281 BC) Companies *Corus Group plc, UK/Netherlands steel company * Corus Bankshares, a financial holding group * Corus Entertainment, a Canadian entertainment company ** Corus Québec (formerly ''Radiomédia''), a news-talk radio network *Corus Hotels, hotel chain Sport * Corus chess tournament, former name for the Tata Steel Chess Tournament held in the Netherlands *Corus (Port Talbot) RFC, former name of Welsh rugby football cl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Texas Pacific Group
TPG Inc., previously known as Texas Pacific Group and TPG Capital, is an American investment company based in Fort Worth, Texas. The private equity firm is focused on leveraged buyouts and growth capital. TPG manages investment funds in growth capital, venture capital, public equity, and debt investments. The firm invests in a range of industries including consumer/retail, media and telecommunications, industrials, technology, travel, leisure, and health care. The firm was founded in 1992 by David Bonderman, James Coulter, and William S. Price III and has raised $50 billion of investor commitments across more than 18 private equity funds.Source: Preqin Private equity funds TPG has historically relied primarily on private equity funds, pools of committed capital from pension funds, insurance companies, endowments, fund of funds, high-net-worth individuals, sovereign wealth funds, and from other institutional investors. History and notable investments Founding Texas Pac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Portfolio Company
A portfolio company is a company or entity in which a venture capital firm, a startup studio, or a holding company invests. All companies currently backed by a private equity firm can be spoken of as the firm's portfolio Portfolio may refer to: Objects * Portfolio (briefcase), a type of briefcase Collections * Portfolio (finance), a collection of assets held by an institution or a private individual * Artist's portfolio, a sample of an artist's work or a .... A company may create a portfolio to showcase the capabilities and strengths of the business's services. The portfolio is a collection of the products, services and achievements of the company. The goal of a company portfolio is to create a presence of the business on the market, attract more customers and to show how the business differs from its direct competitors on the market. The company portfolio is also used as a business strategy to show the growth of the company to attract potential investors and shareholders ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aluminium Recycling
Aluminium recycling is the process by which scrap aluminium can be reused in products after its initial production. The process involves simply re-melting the metal, which is far less expensive and energy-intensive than creating new aluminium through the electrolysis of aluminium oxide (), which must first be mined from bauxite ore and then refined into aluminium oxide using the Bayer process and then refined again into aluminium metal using the Hall–Héroult process. Recycling scrap aluminium requires only 5% of the energy used to make new aluminium from the raw ore. For this reason, approximately 36% of all aluminium produced in the United States comes from old recycled scrap. Used beverage containers are the largest component of processed aluminum scrap, and most of it is manufactured back into aluminium cans. History A common practice since the early 1900s and extensively capitalized during World War II, aluminium recycling is not new. It was, however, a low-profile acti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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