Com-Pac Horizon Day Cat 20
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Com-Pac Horizon Day Cat 20
Com-Pac Yachts is an American brand of sailboats, made by the Hutchins Co., Inc., a boat builder based in Clearwater, Florida. The company specializes in the design and manufacture of fiberglass sailboats. Over time the brand and the company have become synonymous. The company was founded by W.L. "Les" Hutchins Sr. in 1957 and started building sailboats in 1970. History Les Hutchins had started as a farmer and trained tool and die maker, but became an inventor, designing many automotive accessories and parts and even a folding high chair. He established his first company in St. Louis, Missouri, doing metal-stamping and fabrication work, making parts of the automotive industry under subcontract. Hutchins ended up owning a number of patents and registered trademarks. In an attempt to diversify his company's interests and also to move into a field he personally enjoyed, Hutchins decided to enter boat building in 1970. Focusing on the smaller end of the boat market, Hutchins's ...
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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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