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Fuyao
Fuyao Glass Industry Group Co., Ltd. () is a manufacturing company in the People's Republic of China, engaged in the production of float glass, automobile glass and construction glass. It is one of the largest auto glass producers in the world, with customers including large international automobile manufacturers such as Ford, General Motors, Subaru, and Volkswagen Group. It was established in 1987 as a joint venture company and is headquartered in Fuqing, Fujian. It was listed on the Shanghai Stock Exchange in 1993 and on the Hong Kong Stock Exchange in 2015. History Cao Dewang founded Fuyao in Fuqing, Fujian Province 1987 with several business partners. He had previous experience having taken over management of a glass factory owned by a local government. While there were few major buyers of automobiles at first, his company targeted the market of replacement glass for large numbers of imported vehicles into China. The name derives from the first character in the name of the ...
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Moraine Assembly
Moraine Assembly was a General Motors automobile factory in Moraine, Ohio, United States, a suburb of Dayton. A Frigidaire appliance plant had originally operated on the site from 1951 to 1979. Starting in 1981, the Chevrolet S-10 small pickup was produced. This same model was produced by Shreveport Assembly. In 1987 through 1994 the plant produced the rolling chassis for the Grumman LLV Postal Vehicle. From 2001 through 2008, the plant produced the GMT360 SUVs. The plant was closed in December 2008. In 2014, the facilities were acquired by Fuyao Glass to produce glass for vehicles. Plant closure On June 3, 2008, GM Chairman Rick Wagoner announced that the Moraine plant would close in December, citing high fuel prices and decreased demand for the SUV and trucks produced by the plant. There were no plans to reconfigure the plant to produce other products. The last vehicle that rolled off the line was a white GMC Envoy. Workers at the plant in Moraine were given a letter on Octob ...
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Cao Dewang
Cao Dewang (; born May 1946), also known as Cho Tak Wong or Tak Wong Cho, is a Chinese entrepreneur. He is the chairman of Fuyao Group, one of the largest glass manufacturers in the world. He is also a member of the Chinese People's Consultative Conference from Fujian, and chairman of both the China Automobile Glass Association and the Fujian Golf Players' Association. Early life Cao was born in 1946 in Fuqing into a wealthy Fujianese family. Business career In 1983, while working as a sales manager in a glass factory which produced glass for water meters, Cao saved enough money to buy out the factory. In 1985, he saw Japanese automakers bringing their manufacturing to China, and as a result, Cao directed his factory to begin producing automotive glass. In 1987, he established the Fuyao Group and in 1993 the company was listed on the Shanghai Stock Exchange. In 2009, Cao was named Ernst & Young World Entrepreneur Of The Year. His brother Cao Degan was the vice governor ...
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Moraine, Ohio
Moraine is a city in Montgomery County, Ohio, United States. Situated on the banks of the Great Miami River, Moraine is an inner suburb of Dayton, Ohio and a part of the Dayton metropolitan area. The population was 6,307 at the 2010 census. History What is now the city of Moraine was once a part of Van Buren Township followed by a brief period as a part of Kettering. Much of Kettering's portion seceded in 1953 and formed the new Moraine Township. The township incorporated as a village in 1957. After annexing portions of Miami Township, Moraine incorporated as a city in 1965. Moraine later annexed parts of Jefferson Township. Manufacturing Moraine is known for its manufacturing history. From 1917 to 1923 the Dayton Wright Airplane company operated an aircraft manufacturing plant on the current site of the Moraine Assembly. During its years of operation over 4000 aircraft were built including the DeHavilland observer/bomber plane (a First World War British design). Dayton-W ...
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Fuqing
(; Foochow Romanized: Hók-chiăng; also romanized as Hokchia) is a county-level city of Fujian Province, China, it is under the administration of the prefecture-level city of Fuzhou. Geography Fuqing is located in the north-central part of Fujian's sea coast, south of Fuzhou and north of Putian. It has a long indented coast line on the Taiwan Strait, to the south of Fuzhou. The northern part of the county-level city, including the city's central urban area, is in the valley of the Longjiang River. The southern part includes a number of peninsulas with highly indented coast. Climate Administrative division Subdistricts: * Yuping Subdistrict () - city center, and location of the city government * Longshan Subdistrict () * Longjiang Subdistrict () * Yinxi Subdistrict () - western part of the main urban area * Honglu Subdistrict () * Shizhu Subdistrict () * Yangxia Subdistrict () Towns: *Haikou (), * Chengtou (), * Nanling (), * Longtian (), * Jiangjing (), ...
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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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Detroit
Detroit ( , ; , ) is the largest city in the U.S. state of Michigan. It is also the largest U.S. city on the United States–Canada border, and the seat of government of Wayne County. The City of Detroit had a population of 639,111 at the 2020 census, making it the 27th-most populous city in the United States. The metropolitan area, known as Metro Detroit, is home to 4.3 million people, making it the second-largest in the Midwest after the Chicago metropolitan area, and the 14th-largest in the United States. Regarded as a major cultural center, Detroit is known for its contributions to music, art, architecture and design, in addition to its historical automotive background. ''Time'' named Detroit as one of the fifty World's Greatest Places of 2022 to explore. Detroit is a major port on the Detroit River, one of the four major straits that connect the Great Lakes system to the Saint Lawrence Seaway. The City of Detroit anchors the second-largest regional economy in t ...
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Greenville, South Carolina
Greenville (; locally ) is a city in and the seat of Greenville County, South Carolina, United States. With a population of 70,720 at the 2020 census, it is the sixth-largest city in the state. Greenville is located approximately halfway between Atlanta, Georgia, and Charlotte, North Carolina, along Interstate 85. Its metropolitan area also includes Interstates 185 and 385. Greenville is the anchor city of the Upstate, a combined statistical area with a population of 1,487,610 at the 2020 census. Greenville was the fourth fastest-growing city in the United States between 2015 and 2016, according to the U.S. Census Bureau. Greenville is the center of the Upstate region of South Carolina. Numerous large companies are located within the city, such as Michelin, Prisma Health, Bon Secours, and Duke Energy. Greenville County Schools is another large employer and is the largest school district in South Carolina. Having seen rapid development over the past two decades, Greenvil ...
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Great Recession
The Great Recession was a period of marked general decline, i.e. a recession, observed in national economies globally that occurred from late 2007 into 2009. The scale and timing of the recession varied from country to country (see map). At the time, the International Monetary Fund (IMF) concluded that it was the most severe economic and financial meltdown since the Great Depression. One result was a serious disruption of normal international relations. The causes of the Great Recession include a combination of vulnerabilities that developed in the financial system, along with a series of triggering events that began with the bursting of the United States housing bubble in 2005–2012. When housing prices fell and homeowners began to abandon their mortgages, the value of mortgage-backed securities held by investment banks declined in 2007–2008, causing several to collapse or be bailed out in September 2008. This 2007–2008 phase was called the subprime mortgage crisis. ...
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Dayton Business Journal
Dayton () is the sixth-largest city in the U.S. state of Ohio and the county seat of Montgomery County. A small part of the city extends into Greene County. The 2020 U.S. census estimate put the city population at 137,644, while Greater Dayton was estimated to be at 814,049 residents. The Combined Statistical Area (CSA) was 1,086,512. This makes Dayton the fourth-largest metropolitan area in Ohio and 73rd in the United States. Dayton is within Ohio's Miami Valley region, north of the Greater Cincinnati area. Ohio's borders are within of roughly 60 percent of the country's population and manufacturing infrastructure, making the Dayton area a logistical centroid for manufacturers, suppliers, and shippers. Dayton also hosts significant research and development in fields like industrial, aeronautical, and astronautical engineering that have led to many technological innovations. Much of this innovation is due in part to Wright-Patterson Air Force Base and its place in the co ...
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Production Lines
A production line is a set of sequential operations established in a factory where components are assembled to make a finished article or where materials are put through a refining process to produce an end-product that is suitable for onward consumption Typically, raw materials such as metal ores or agricultural products such as foodstuffs or textile source plants like cotton and flax require a sequence of treatments to render them useful. For metal, the processes include crushing, smelting and further refining. For plants, the useful material has to be separated from husks or contaminants and then treated for onward sale. History Early production processes were constrained by the availability of a source of energy, with wind mills and water mills providing power for the crude heavy processes and manpower being used for activities requiring more precision. In earlier centuries, with raw materials, power and people often being in different locations, production was distri ...
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Mount Zion, Illinois
Mount Zion is a village in Macon County, Illinois, United States. The population was 6,019 at the 2020 census. Geography Mount Zion is located in southeastern Macon County at (39.777967, -88.878614). It is bordered to the northwest by the city of Decatur, the county seat, and to the north by the village of Long Creek. Illinois Route 121 passes through the village, leading northwest to the center of Decatur and southeast to Sullivan. According to the U.S. Census Bureau, the village of Mount Zion has a total area of , of which , or 0.07%, are water. The village is drained to the north by Finley Creek and Big Creek, part of the Sangamon River watershed. Demographics At the 2010 census there were 5,833 people, 1,819 households, and 1,409 families in the village. The population density was . There were 1,884 housing units at an average density of . The racial makeup of the village was 98.08% White, 0.25% African American, 0.23% Native American, 0.76% Asian, and 0.6 ...
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Market Share
Market share is the percentage of the total revenue or sales in a market that a company's business makes up. For example, if there are 50,000 units sold per year in a given industry, a company whose sales were 5,000 of those units would have a 10percent share in that market. "Marketers need to be able to translate and incorporate sales targets into market share because this will demonstrate whether forecasts are to be attained by growing with the market or by capturing share from competitors. The latter will almost always be more difficult to achieve. Market share is closely monitored for signs of change in the competitive landscape, and it frequently drives strategic or tactical action."Farris, Paul W.; Neil T. Bendle; Phillip E. Pfeifer; David J. Reibstein (2010). ''Marketing Metrics: The Definitive Guide to Measuring Marketing Performance.'' Upper Saddle River, New Jersey: Pearson Education, Inc. . The Marketing Accountability Standards Board (MASB) endorses the definitions, ...
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