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Estes Industries
Estes Industries is a model rocket company that was started in Denver, Colorado, USA. The company was the first to mass-produce model rocket engines with consistent and reliable performance. It is popular among hobbyists of experimental amateur rocketry for its simple and easily accessible engines, accessories, and rocket-building kits. History Estes Industries was founded by Vernon Estes in 1958; in 1961, the company moved to a 77-acre tract of land on the outskirts of Penrose, Colorado. In 1969, Vernon sold the company to the Damon Corporation of Needham, a company which also purchased a number of other hobby companies including a smaller competitor of Estes, Centuri Engineering of Phoenix, Arizona. Damon merged the two companies under the name Centuri Engineering. The Penrose entity continued doing business as Estes Industries. Centuri Engineering model rocket products continued to be developed, marketed and sold from the Centuri offices in Phoenix as well, although the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
TCW Capital
Crescent Capital Group is a global alternative investment firm focused on below investment grade credit markets with primary strategies that include funds that invest in leveraged loans, high-yield bonds, mezzanine debt, special situations, and distressed securities. The firm has approximately $34-billion of assets under management and has made investments in over 190 companies since its inception as well as expanded into the European market with operations based in London. Since its founding in 1991, the firm has raised approximately $25 billion across seven funds. TCW/Crescent maintains a strategic partnership with TCW Group (Trust Company of the West), a leading institutional money management firm with approximately $180 billion in assets under management. In January 2021, Sun Life Financial acquired a majority stake (51%) in the company. The firm is based in Los Angeles. History In 1991, former Drexel Burnham Lambert investment bankers Mark Attanasio, Robert D. Bey ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
