Binney And Smith
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Binney And Smith
Crayola LLC, formerly the Binney & Smith Company, is an American manufacturing company specializing in list of art media, art supplies. It is known for its brand ''Crayola'' and best known for its crayons. The company is headquartered in Forks Township, Northampton County, Pennsylvania, Forks Township, Pennsylvania in the Lehigh Valley region of the state. Since 1984, Crayola has been a wholly owned subsidiary of Hallmark Cards. Originally an industrial pigment supply company, Crayola soon shifted its focus to art products for home and school use, beginning with chalk, then crayons, followed later by colored pencils, marker pen, markers, paints, modeling clay, and other related goods. All Crayola-branded products are marketed as toxicity, nontoxic and safe for use by children. Most Crayola crayons are manufactured in the United States. Crayola also produces Silly Putty and a line of professional art products under the 'Portfolio Series brand', including acrylic paint, acrylics, w ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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