Alco S-4
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Alco S-4
The American Locomotive Company (often shortened to ALCO, ALCo or Alco) was an American manufacturer of locomotives, diesel generators, steel, and tanks that operated from 1901 to 1969. The company was formed by the merger of seven smaller locomotive manufacturers and Schenectady Locomotive Engine Manufactory of Schenectady, New York. A subsidiary, American Locomotive Automobile Company, designed and manufactured automobiles under the Alco brand from 1905 to 1913. ALCO also produced nuclear reactors from 1954 to 1962. The company changed its name to Alco Products, Incorporated in 1955. In 1964, the Worthington Corporation acquired the company. The company went out of business in 1969. The ALCO name is currently being used by Fairbanks Morse Engine for their FM, ALCO line. Foundation and early history The company was created in 1901 from the merger of seven smaller locomotive manufacturers with Schenectady Locomotive Engine Manufactory of Schenectady, New York: *Brooks Locomot ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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