Cushman (company)
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Cushman (company)
Cushman is a manufacturer of industrial, personal, and custom vehicles. It is based in Augusta, Georgia, United States, and is owned by Textron. History The Cushman scooter company started in 1903 in Lincoln, Nebraska, by Everett and Clinton Cushman. The company incorporated as Cushman Motor Works in 1913. website, Nebraska State Historical Society. Retrieved on July 10, 2009. Cushman began production of their four-stroke Husky engine in 1922. Cushman produced engines for farm equipment, pumps, lawn mowers, and boats. Cushman began making Auto-Glide scooters in 1936 as a means to increase the sale of Husky engines during the Great Depression. Cushman scooters were widely used by the United States Armed Forces in World War II and as an alternative to automobiles before and after the war. One famous Cushman was the model 53, a military model from the World War II era. Designed to be dropped by parachute with Army Airborne troops, Shattuck, Colin, ''Scooters: Red Eyes Whitewa ...
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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 entit ...
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