Champion–DeArment Tool Company
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Champion–DeArment Tool Company
Channellock is an American company that produces hand tools. It is best known for its pliers—the company manufactures more than 140 types of pliers—particularly its eponymous style of tongue-and-groove pliers, tongue-and-groove, slip-joint pliers, slip-joint pliers. Its pliers have distinctive sky-blue handle grips; the company has been using the same trademarked shade of blue since 1956. It also produces cutting pliers, linemen's pliers, long nose pliers, adjustable wrenches, screwdrivers, nutdrivers and special-purpose pliers, as well as multi-function tools for the fire service and other first responders. According to the company, , all of its pliers were manufactured at one of its two facilities in Meadville, Pennsylvania. However, not all products sold by the company are produced in the United States; products such as screwdrivers and ratchet wrenches are produced in Canada, Taiwan, or China. History The company was founded in 1886 when George B. DeArment, a blacksmith ...
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Privately Held 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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