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Florida East Coast Industries
Florida East Coast Industries (FECI) is Florida's oldest and largest commercial real estate, transportation, and infrastructure holding company. Based in Coral Gables, FECI is the direct lineal descendant of the various companies founded by pioneering American businessman Henry M. Flagler. FECI today is the parent company of three distinct businesses: * All Aboard Florida, the operator of the Brightline intercity passenger rail line with stops in Miami, Fort Lauderdale, and West Palm Beach, as well as a planned extension to Orlando. In addition, the project calls for developing more than 2 million square feet of multi-use real estate space around the stations * Flagler Global Logistics, an integrated logistics company that provides multimodal shipping, warehousing and supply chain services; and * Flagler, a full-service commercial real estate company. FECI was purchased in 2007 by equity funds managed by Fortress Investment Group, LLC. Although Florida East Coast Railway at ...
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Private 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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Grupo México
Grupo México is a Mexican conglomerate that operates through the following divisions: Mining (Minera Mexico), Transportation ( GMxT), Infrastructure and Fundacion Grupo Mexico. Its mining Division is the leading Copper producer in Mexico and the third largest copper producer in the world through ASARCO. Its transportation division operates the largest rail fleet in México, with 11,000 km of track and more than 800 engines and 26,300 coaches. It interconnects five major inland Mexican cities, five cities along the border with the United States, 13 seaports (5 on the Pacific Ocean, and 8 on the Gulf of Mexico). History The company was founded by Raúl Antonio Escobedo and Larrea Mota Velasco in 1978. After the government of Carlos Salinas declared the state mining company bankrupt, Larrea purchased key Mexican copper mines in Cananea and Nacozari (cities in the state of Sonora). He also purchased numerous other mining sites, including coal mines in the state of Coahuila. B ...
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United States Railroad Holding Companies
United may refer to: Places * United, Pennsylvania, an unincorporated community * United, West Virginia, an unincorporated community Arts and entertainment Films * ''United'' (2003 film), a Norwegian film * ''United'' (2011 film), a BBC Two film Literature * ''United!'' (novel), a 1973 children's novel by Michael Hardcastle Music * United (band), Japanese thrash metal band formed in 1981 Albums * ''United'' (Commodores album), 1986 * ''United'' (Dream Evil album), 2006 * ''United'' (Marvin Gaye and Tammi Terrell album), 1967 * ''United'' (Marian Gold album), 1996 * ''United'' (Phoenix album), 2000 * ''United'' (Woody Shaw album), 1981 Songs * "United" (Judas Priest song), 1980 * "United" (Prince Ital Joe and Marky Mark song), 1994 * "United" (Robbie Williams song), 2000 * "United", a song by Danish duo Nik & Jay featuring Lisa Rowe Television * ''United'' (TV series), a 1990 BBC Two documentary series * ''United!'', a soap opera that aired on BBC One from 1965-19 ...
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Vincent Signorello
Vincent Signorello is the president and chief executive officer of Florida East Coast Industries, LLC, Florida’s oldest and largest commercial real estate, transportation and infrastructure holding company. He currently oversees all operations and subsidiary companies. Background Signorello earned his bachelor's degree from Boston College in 1992. After spending four years as an officer in the United States Army, Signorello earned his MBA in corporate finance from Boston University in 2001. After starting out in Lehman Brothers’ real estate investment banking and finance units, Signorello served in Barclays Capital’s New York City-based global commercial real estate group. In 2008, Signorello joined Fortress Investment Group Fortress Investment Group is an American investment management firm based in New York City. Fortress was founded as a private equity firm in 1998 by Wes Edens, Rob Kauffman, and Randal Nardone. When Fortress launched on the NYSE in February 20 ...
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Alfred I
Alfred the Great (alt. Ælfred 848/849 – 26 October 899) was King of the West Saxons from 871 to 886, and King of the Anglo-Saxons from 886 until his death in 899. He was the youngest son of King Æthelwulf and his first wife Osburh, who both died when Alfred was young. Three of Alfred's brothers, Æthelbald, Æthelberht and Æthelred, reigned in turn before him. Under Alfred's rule, considerable administrative and military reforms were introduced, prompting lasting change in England. After ascending the throne, Alfred spent several years fighting Viking invasions. He won a decisive victory in the Battle of Edington in 878 and made an agreement with the Vikings, dividing England between Anglo-Saxon territory and the Viking-ruled Danelaw, composed of northern England, the north-east Midlands and East Anglia. Alfred also oversaw the conversion of Viking leader Guthrum to Christianity. He defended his kingdom against the Viking attempt at conquest, becoming the dominant ruler ...
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1935 Labor Day Hurricane
The Great Labor Day Hurricane of 1935 was the most intense Atlantic hurricane to make landfall on record by pressure, with winds of up to 185 mph (297 km/h). The fourth tropical cyclone, third tropical storm, second hurricane, and second major hurricane of the 1935 Atlantic hurricane season, the Labor Day hurricane was one of four Category 5 hurricanes on record to strike the contiguous United States, along with Hurricane Andrew in 1992, Hurricane Camille in 1969, and Hurricane Michael in 2018. In addition, it was the third most intense Atlantic hurricane on record in terms of barometric pressure, only behind Hurricane Gilbert in 1988 and Hurricane Wilma in 2005. The hurricane intensified rapidly, passing near Long Key on the evening of Monday, September 2. The region was swept by a massive storm surge as the eye passed over the area. The waters quickly receded after carving new channels connecting the bay with the ocean; however, gale-force winds and rough seas ...
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Miami
Miami ( ), officially the City of Miami, known as "the 305", "The Magic City", and "Gateway to the Americas", is a East Coast of the United States, coastal metropolis and the County seat, county seat of Miami-Dade County, Florida, Miami-Dade County in South Florida, United States. With a population of 442,241 at the 2020 United States census, 2020 census, it is the List of municipalities in Florida, second-most populous city in Florida and the eleventh-most populous city in the Southeastern United States. The Miami metropolitan area is the ninth largest in the U.S. with a population of 6.138 million in 2020. The city has the List of tallest buildings in the United States#Cities with the most skyscrapers, third-largest skyline in the U.S. with over List of tallest buildings in Miami, 300 high-rises, 58 of which exceed . Miami is a major center and leader in finance, commerce, culture, arts, and international trade. Miami's metropolitan area is by far the largest urban econ ...
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West Palm Beach
West or Occident is one of the four cardinal directions or points of the compass. It is the opposite direction from east and is the direction in which the Sunset, Sun sets on the Earth. Etymology The word "west" is a Germanic languages, Germanic word passed into some Romance languages (''ouest'' in French, ''oest'' in Catalan, ''ovest'' in Italian, ''oeste'' in Spanish and Portuguese). As in other languages, the word formation stems from the fact that west is the direction of the setting sun in the evening: 'west' derives from the Indo-European root ''*wes'' reduced from ''*wes-pero'' 'evening, night', cognate with Ancient Greek ἕσπερος Hesperus, hesperos 'evening; evening star; western' and Latin vesper 'evening; west'. Examples of the same formation in other languages include Latin Occident, occidens 'west' from occidō 'to go down, to set' and Hebrew מַעֲרָב maarav 'west' from עֶרֶב erev 'evening'. Navigation To go west using a compass for navigation (in ...
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Florida East Coast Railway
The Florida East Coast Railway is a Class II railroad operating in the U.S. state of Florida, currently owned by Grupo México. Built primarily in the last quarter of the 19th century and the first decade of the 20th century, the FEC was a project of Standard Oil principal Henry Flagler. He originally visited Florida with his first wife, Mary; they sought assistance with the health issues she faced. A key strategist who worked closely with John D. Rockefeller building the Standard Oil Trust, Flagler noted both great potential and a lack of services during his stay at St. Augustine. He subsequently began what amounted to his second career, developing resorts, industries, and communities all along Florida's shores abutting the Atlantic Ocean. The FEC is possibly best known for building the railroad to Key West, completed in 1912. When the FEC's line from the mainland to Key West was heavily damaged by the Labor Day Hurricane of 1935, the State of Florida purchased the remaini ...
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Fortress Investment Group
Fortress Investment Group is an American investment management firm based in New York City. Fortress was founded as a private equity firm in 1998 by Wes Edens, Rob Kauffman, and Randal Nardone. When Fortress launched on the NYSE in February 2007, it was the first large private equity firm in the US to be traded publicly. As of June 30, 2020, the firm manages approximately $45.5 billion alternative assets in private equity, liquid hedge funds and credit funds. History 1998–2010 Fortress Investment Group LLC was founded as a private equity firm in 1998 by Wesley R. Edens, a former partner at BlackRock; Rob Kauffman, a managing director at UBS; and Randal A. Nardone, also a managing director at UBS. Fortress quickly expanded into hedge funds, real estate-related investments and debt securities, run by Michael Novogratz and Pete Briger, both former partners at Goldman Sachs. Fortress's investments grew rapidly, with its private equity funds netting 39.7% between 1999 and 2006. ...
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Fortress Investment Group, LLC
A fortification is a military construction or building designed for the defense of territories in warfare, and is also used to establish rule in a region during peacetime. The term is derived from Latin ''fortis'' ("strong") and ''facere'' ("to make"). From very early history to modern times, defensive walls have often been necessary for cities to survive in an ever-changing world of invasion and conquest. Some settlements in the Indus Valley civilization were the first small cities to be fortified. In ancient Greece, large stone walls had been built in Mycenaean Greece, such as the ancient site of Mycenae (famous for the huge stone blocks of its 'cyclopean' walls). A Greek '' phrourion'' was a fortified collection of buildings used as a military garrison, and is the equivalent of the Roman castellum or English fortress. These constructions mainly served the purpose of a watch tower, to guard certain roads, passes, and borders. Though smaller than a real fortress, they acted ...
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Flagler (company)
Flagler is a commercial real estate company headquartered in Coral Gables, Florida. Flagler is a corporate legacy of American businessman Henry M. Flagler. The company has developed more than 30 million square feet of commercial real estate space over the past 30 years. It also owns more than 2,500 acres of developable land statewide, and manages or leases more than 13 million square feet of commercial property. Its development projects include the new world headquarters for Bacardi USA, in Miami; Office Depot's world headquarters, in Boca Raton; and Miami's Flagler Station, South Florida's largest business park. Flagler has shifted its focus in recent years away from owning commercial real estate properties, and more towards development and providing brokerage, property management and asset management services to larger, institutional clients. The Flagler company is a wholly-owned subsidiary of Florida East Coast Industries. Flagler's origins date back to the original railroa ...
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