Fat City Cycles
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Fat City Cycles
Fat City Cycles was an American bicycle manufacturing company. Fat City was started by Chris Chance in 1982. Fat City Cycles was one of the early builders of mountain bikes on the East Coast of the United States. When Fat City moved from Somerville, Massachusetts to South Glens Falls, New York, many of the employees left behind went on to start Independent Fabrication. History of Fat City Cycles Chris Chance began building frames in 1977. The company was financed amongst others by his wife Wendyll's family. Chance built his first mountain bike frame in 1982, The Fat Chance. Fat City Cycles closed its doors in Somerville in October 1994, when it was sold to a holding company which had acquired another bike company (Serotta Serotta is an American bicycle builder located in Saratoga Springs, New York (state), New York. Named after founder Ben Serotta, the company was founded in 1972. Serotta built frames for the Coors, Crest and 7-Eleven Cycling Team, 7-Eleven pro te ...) in ...
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Holding Company
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies to form a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders, and can permit the ownership and control of a number of different companies. ''The New York Times'' also refers to the term as ''parent holding company.'' Holding companies are also created to hold assets such as intellectual property or trade secrets, that are protected from the operating company. That creates a smaller risk when it comes to Lawsuit, litigation. In the United States, 80% of stock, in voting and value, must be owned before tax consolidation benefits s ...
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Serotta
Serotta is an American bicycle builder located in Saratoga Springs, New York (state), New York. Named after founder Ben Serotta, the company was founded in 1972. Serotta built frames for the Coors, Crest and 7-Eleven Cycling Team, 7-Eleven pro teams, although Team 7-Eleven bikes were branded as Murray and later Huffy. Serotta also built bikes for the 1984 Los Angeles Olympic Games. Serotta was known in the industry for its proprietary tube designs and revolutionizing titanium bicycle building. Serotta sold the company in 1989 to Archibald Cox Jr., son of Watergate special prosecutor Archibald Cox, Archibald Cox Jr. Cox later purchased Fat City Cycles and merged it with Serotta in response to growing interest in Mountain bike, mountain biking ...
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Manufacturing Companies Established In 1982
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. ...
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1999 Disestablishments In New York (state)
File:1999 Events Collage.png, From left, clockwise: The funeral procession of King Hussein of Jordan in Amman; the 1999 İzmit earthquake kills over 17,000 people in Turkey; the Columbine High School massacre, one of the first major school shootings in the United States; the Year 2000 problem ("Y2K"), perceived as a major concern in the lead-up to the year 2000; the Millennium Dome opens in London; online music downloading platform Napster is launched, soon a source of online piracy; NASA loses both the Mars Climate Orbiter and the Mars Polar Lander; a destroyed T-55 tank near Prizren during the Kosovo War., 300x300px, thumb rect 0 0 200 200 Death and state funeral of King Hussein rect 200 0 400 200 1999 İzmit earthquake rect 400 0 600 200 Columbine High School massacre rect 0 200 300 400 Kosovo War rect 300 200 600 400 Year 2000 problem rect 0 400 200 600 Mars Climate Orbiter rect 200 400 400 600 Napster rect 400 400 600 600 Millennium Dome 1999 was designated as the Interna ...
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