Charles Gates, Sr.
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Charles Gates, Sr.
Gates Industrial Corporation plc, based in Denver, Colorado, is a manufacturer of power transmission belts and fluid power products, which are used in diverse industrial and automotive applications. The company employs over 14,000 and has sales and manufacturing operations in North and South America, Europe, Asia, Australia, and the Middle East. History On October 1, 1911, Charles Gates Sr. purchased the Colorado Tire and Leather Company located in Denver, Colorado beside the South Platte River. Colorado Tire and Leather Company made a single product, the Durable Tread, a steel-studded band of leather that motorists attached to tires to extend their mileage. In 1917, the company began phasing out leather in favor of rubber and Charles Gates changed its name to the International Rubber Company. That same year, John Gates, Charles's brother, developed a belt made of rubber and woven threading called a V-belt, due to its shape. It replaced the hemp and rope belt used on automobiles ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Canada Pension Plan Investment Board
The Canada Pension Plan Investment Board (CPPIB; french: Office d'investissement du régime de pensions du Canada), operating as CPP Investments (french: Investissements RPC), is a Canadian Crown corporation established by way of the 1997 ''Canada Pension Plan Investment Board Act'' to oversee and invest the funds contributed to and held by the Canada Pension Plan (CPP). CPP Investments is one of the world's largest investors in private equity, having invested over US$28.1 billion between 2010 and 2014 alone. Despite being a Crown corporation, CPPIB is not considered a sovereign wealth fund because it operates at arm's length from the Government of Canada and solely manages CPP contributions paid by workers and employers, not public funds. As of June 30, 2022, the CPP Investment Board manages over C$523 billion in assets under management for the Canada Pension Plan on behalf of 20 million Canadians. History The Canada Pension Plan was first established in 1966. For much of i ...
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2014 Mergers And Acquisitions
Fourteen or 14 may refer to: * 14 (number), the natural number following 13 and preceding 15 * one of the years 14 BC, AD 14, 1914, 2014 Music * 14th (band), a British electronic music duo * ''14'' (David Garrett album), 2013 *''14'', an unreleased album by Charli XCX * "14" (song), 2007, from ''Courage'' by Paula Cole Other uses * ''Fourteen'' (film), a 2019 American film directed by Dan Sallitt * ''Fourteen'' (play), a 1919 play by Alice Gerstenberg * ''Fourteen'' (manga), a 1990 manga series by Kazuo Umezu * ''14'' (novel), a 2013 science fiction novel by Peter Clines * ''The 14'', a 1973 British drama film directed by David Hemmings * Fourteen, West Virginia, United States, an unincorporated community * Lot Fourteen, redevelopment site in Adelaide, South Australia, previously occupied by the Royal Adelaide Hospital * "The Fourteen", a nickname for NASA Astronaut Group 3 * Fourteen Words, a phrase used by white supremacists and Nazis See also * 1/4 (other) ...
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1996 Mergers And Acquisitions
File:1996 Events Collage.png, From left, clockwise: A bomb explodes at Centennial Olympic Park in Atlanta, set off by a radical anti-abortionist; The center fuel tank explodes on TWA Flight 800, causing the plane to crash and killing everyone on board; Eight people die in a blizzard on Mount Everest; Dolly the Sheep becomes the first mammal to have been cloned from an adult somatic cell; The Port Arthur Massacre occurs on Tasmania, and leads to major changes in Australia's gun laws; Macarena, sung by Los del Río and remixed by The Bayside Boys, becomes a major dance craze and cultural phenomenon; Ethiopian Airlines Flight 961 crash-ditches off of the Comoros Islands after the plane was hijacked; the 1996 Summer Olympics are held in Atlanta, marking the Centennial (100th Anniversary) of the modern Olympic Games., 300x300px, thumb rect 0 0 200 200 Centennial Olympic Park bombing rect 200 0 400 200 TWA FLight 800 rect 400 0 600 200 1996 Mount Everest disaster rect 0 200 30 ...
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Manufacturing Companies Based In Denver
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through which raw materials are transformed into a final product. T ...
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Serpentine Belt
A serpentine belt (or drive belt) is a single, continuous belt used to drive multiple peripheral devices in an automotive engine, such as an alternator, power steering pump, water pump, air conditioning compressor, air pump, etc. The belt may also be guided by an idler pulley and/or a belt tensioner (which may be spring-loaded, hydraulic, or manual). To allow the belt to pass over more than three pulleys with a large enough wrap angle to avoid slipping, idler pulleys which press against the back of the belt are included, forcing the belt into a serpentine shape. To accommodate this bidirectional flexing while remaining strong enough to transfer the total force required by multiple loads, a serpentine belt is almost always of multi-groove (multi-vee, poly-v, or multi-rib) construction. Variations On some engine designs, the "back" (smooth side) of the belt may drive some accessories. This is typically limited to components requiring less torque or where a large angle of wrap i ...
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Gates Family Foundation
The Gates Family Foundation is one of the largest philanthropic organizations in Colorado, based in Denver. Background Founded in 1946, the Foundation currently has net assets of approximately $500 million. In 2007, the Foundation paid roughly $20 million in grants, all of which went to Colorado recipients. The source of the original endowment is the Gates Rubber Company of Denver, Colorado. The Foundation is well known in Denver, for example including the Gates Planetarium at the Denver Museum of Nature and Science The Denver Museum of Nature & Science is a municipal natural history and science museum in Denver, Colorado. It is a resource for informal science education in the Rocky Mountain region. A variety of exhibitions, programs, and activities help mus .... In May 2022, The Gates Family Foundation announced a $200 million donation and collaboration project with the University of Colorado Anschutz. The Donation is to establish a medical research institute at the univer ...
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Charles Gates, Jr
Charles is a masculine given name predominantly found in English and French speaking countries. It is from the French form ''Charles'' of the Proto-Germanic name (in runic alphabet) or ''*karilaz'' (in Latin alphabet), whose meaning was "free man". The Old English descendant of this word was '' Ċearl'' or ''Ċeorl'', as the name of King Cearl of Mercia, that disappeared after the Norman conquest of England. The name was notably borne by Charlemagne (Charles the Great), and was at the time Latinized as ''Karolus'' (as in ''Vita Karoli Magni''), later also as '' Carolus''. Some Germanic languages, for example Dutch and German, have retained the word in two separate senses. In the particular case of Dutch, ''Karel'' refers to the given name, whereas the noun ''kerel'' means "a bloke, fellow, man". Etymology The name's etymology is a Common Germanic noun ''*karilaz'' meaning "free man", which survives in English as churl (< Old English ''ċeorl''), which developed its de ...
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Bicycling (magazine)
''Bicycling'' is a cycling magazine published by Hearst in Easton, Pennsylvania. __TOC__ History ''Bicycling'' started in 1961 as ''Northern California Cycling Association Newsletter'', a four-page mimeographed newsletter (8 ½ x 14) started by Peter Hoffman. It covered the local bicycle scene and grew quickly as Vol. 1 No. 6 took on a 5 ½ x8 ½ offset printing format in December, 1961. The name was changed to ''American Cycling Newsletter'' with Vol. 3 No. 1 in March, 1964 issue. The name was changed again with Vol. 5 No. 1 in March, 1965 to ''American Cycling''. The size was changed to a larger format with Vol. 5 No. 1 in March, 1966 to 8 ½ x 11. Peter Hoffman sold the magazine to Leete Publications in August 1968 but stayed on as an editor until late 1969. The last ''American Cycling'' titled magazine was the Nov. 1968 issue, Vol. 7 No. 8. The name was changed to ''Bicycling!'' with the Dec 1968 Issue Vol 7 No 9. For three months following the name change, "American Cyclin ...
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Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied by the ...
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Onex Corp
Onex Corporation is an investment manager founded in 1984. The firm manages capital on behalf of Onex shareholders, institutional investors and high net worth clients around the world. As of September 30, 2022, Onex had approximately US$47.2 billion of assets under management. History Founder Gerry Schwartz had previously worked at Bear Stearns in New York City during the 1970s, under investor Jerome Kohlberg Jr., who later became a founding partner of Kohlberg Kravis Roberts. Schwartz returned to Canada, where he started working with Izzy Asper. Schwartz founded Onex in 1984 and took the company public in 1987. The firm focused on private equity investing in North America using capital from its balance sheet for the first 16 years of its history. In 2000, it started raising investment vehicles with third-party capital with the launch of ONCAP, which focuses on smaller and middle market opportunities. In 2003, the first Onex Partners fund was raised. Today, the majority of ...
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