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Ferreyros Family
Ferreycorp is a Peruvian conglomerate engaged in the import, distribution, sale, leasing and maintenance of construction, mining, agricultural and transport equipment, vehicles and machinery such as, tractors, trucks and excavators under the Caterpillar, Iveco, Yutong, Massey Ferguson, Terex and many others brands. The company was founded in 1922 as "Enrique Ferreyros y Cia Sociedad en Comandita" by Enrique Ferreyros Ayulo and a small group of partners. Twenty years later the company began to represent others brands in Peru, starting with Caterpillar. In 1981 it was transformed into the anonymous society/corporation as part of modernization and a new corporate structure in 1998 and opened the capital on the Lima Stock Exchange The Lima Stock Exchange ( es, Bolsa de Valores de Lima, BVL) is the stock exchange of Peru, located in the capital Lima. It has several indices. The S&P/BVL Peru General Index (formerly IGBVL) is a value-weighted index that tracks the performance o .... ...
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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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United States Dollar
The United States dollar ( symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official currency of the United States and several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar, divided it into 100 cents, and authorized the minting of coins denominated in dollars and cents. U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color. The monetary policy of the United States is conducted by the Federal Reserve System, which acts as the nation's central bank. The U.S. dollar was originally defined under a bimetallic standard of (0.7735 troy ounces) fine silver or, from 1837, fine gold, or $20.67 per troy ounce. The Gold Standard Act of 1900 linked the dollar solely to gold. From 1934, it ...
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Lima Stock Exchange
The Lima Stock Exchange ( es, Bolsa de Valores de Lima, BVL) is the stock exchange of Peru, located in the capital Lima. It has several indices. The S&P/BVL Peru General Index (formerly IGBVL) is a value-weighted index that tracks the performance of the largest and most frequently traded stocks on the Lima Exchange. Other indices are S&P/BVL Peru Select and S&P/BVL Lima 25. The Lima Stock Exchange is a member of the United Nations Sustainable Stock Exchanges initiative. Sectors in the Lima Stock Exchange: * Sector Agriculture * Sector Banks and Finance * Sector Diversified * Sector Industries * Sector Mining * Sector Services See also *Economy of Peru *List of stock exchanges *List of American stock exchanges A ''list'' is any set of items in a row. List or lists may also refer to: People * List (surname) Organizations * List College, an undergraduate division of the Jewish Theological Seminary of America * SC Germania List, German rugby union ... References Exte ...
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Terex
Terex Corporation is an American worldwide manufacturer of lifting and material-handling plant for a variety of industries including construction, infrastructure, quarrying, recycling, energy, mining, shipping, transportation, refining and utilities. The company's major business segments include aerial work platforms, construction cranes, bulk-material hauling machines, road-paving machines, and container-port cranes. Corporate history General Motors The Terex name has its origin as a division of General Motors. Due to a 1968 Justice Department ruling, General Motors was required to stop manufacturing and selling off-highway trucks in the United States for four years and divest the Euclid brand name. GM coined the "Terex" name in 1968 from the Latin words "terra" (earth) and "rex" (king) for its construction equipment products and trucks not covered by the ruling. IBH Holding General Motors sold the Terex division to German firm IBH Holding AG led by Horst-Dieter Esch de ...
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Massey Ferguson
Massey Ferguson Limited is an American agricultural machinery manufacturer. The company was established in 1953 through the merger of farm equipment makers Massey-Harris of Canada and the Ferguson Company of the United Kingdom. It was based in Toronto, then Brantford, Ontario, Canada, until 1988. The company transferred its headquarters in 1991 to Buffalo, New York, U.S. before it was acquired by AGCO, the new owner of its former competitor Allis-Chalmers. Massey Ferguson is among several brands in a portfolio produced and marketed by American industrial agricultural equipment conglomerate AGCO and a major seller in international markets around the world. History Massey Manufacturing Co. In 1847, Daniel Massey established the Newcastle Foundry and Machine Manufactory in what is now Newcastle, Clarington, Ontario, Canada. The company made some of the world's first mechanical threshers, at first by assembling parts from the United States, but eventually designing and buildin ...
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Yutong
Yutong (officially Zhengzhou Yutong Group Co., Ltd.) is a Chinese manufacturer of commercial vehicles, especially electric buses, headquartered in Zhengzhou, Henan. Yutong also covers areas of construction machinery, real estate, and other investment businesses. As of 2016 it was the largest bus manufacturer in the world by sales volume. Background Yutong has four manufacturing bases for conventional buses, new energy buses, specialized vehicles, parts and components, and has the single largest bus manufacturing plant in the world. As of 2018, Yutong has a complete 5m-18m product lineup consisting of over 140 series of buses and coaches. In 2017, its sales volume of large and medium-sized buses reached 67,268 units, among them 24,865 units are new energy buses. From 2005 to 2017, Yutong buses have been exported to over 30 countries and regions, including France, United Kingdom, UK, Australia, South Africa, Cuba, Venezuela, Chile, Russia, Saudi Arabia, Taiwan, Taiwan (Republic ...
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Iveco
IVECO, an acronym for Industrial Vehicles Corporation, is an Italian multinational transport vehicle manufacturing company. It designs and builds light, medium, and heavy commercial vehicles. The name IVECO first appeared in 1975 after a merger of Italian, French, and German brands. Its production plants are in Europe, China, Russia, Australia and Latin America and it has about 5,000 sales and service outlets in over 160 countries. The worldwide output of the company amounts to around 150,000 commercial vehicles with a turnover of about 10 billion. The company was spun-off from CNH Industrial on 1 January 2022. It is subsidiary of Iveco Group N.V., a holding company incorporated in Amsterdam, Netherlands, and is listed on Borsa Italiana. History IVECO was incorporated on 1 January 1975, with the merger of five different brands: FIAT Veicoli Industriali (with headquarters in Turin), OM (Brescia, Italy), Lancia Veicoli Speciali (Italy), Unic (France), and Magirus-Deutz (Germany ...
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Caterpillar Inc
Caterpillar Inc. (stock symbol CAT) is an American Fortune 100, ''Fortune'' 500 corporation and the world's largest construction-equipment manufacturer. In 2018, Caterpillar was ranked number 65 on the ''Fortune'' 500 list and number 238 on the Global ''Fortune'' 500 list. Caterpillar stock is a component of the Dow Jones Industrial Average. Caterpillar Inc. traces its origins to the 1925 merger of the Holt Manufacturing Company and the C. L. Best Tractor Company, creating a new entity, California-based Caterpillar Tractor Company. In 1986, the company reorganized itself as a Delaware corporation under the current name, Caterpillar Inc. It announced in January 2017 that over the course of that year, it would relocate its headquarters from Peoria, Illinois, to Deerfield, Illinois, scrapping plans from 2015 of building an $800 million new headquarters complex in downtown Peoria. Its headquarters are located in Irving, Texas, since 2022. The company also licenses and markets a li ...
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Construction
Construction is a general term meaning the art and science to form objects, systems, or organizations,"Construction" def. 1.a. 1.b. and 1.c. ''Oxford English Dictionary'' Second Edition on CD-ROM (v. 4.0) Oxford University Press 2009 and comes from Latin ''constructio'' (from ''com-'' "together" and ''struere'' "to pile up") and Old French ''construction''. To construct is the verb: the act of building, and the noun is construction: how something is built, the nature of its structure. In its most widely used context, construction covers the processes involved in delivering buildings, infrastructure, industrial facilities and associated activities through to the end of their life. It typically starts with planning, financing, and design, and continues until the asset is built and ready for use; construction also covers repairs and maintenance work, any works to expand, extend and improve the asset, and its eventual demolition, dismantling or decommissioning. The constructio ...
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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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Machinery
A machine is a physical system using power to apply forces and control movement to perform an action. The term is commonly applied to artificial devices, such as those employing engines or motors, but also to natural biological macromolecules, such as molecular machines. Machines can be driven by animals and people, by natural forces such as wind and water, and by chemical, thermal, or electrical power, and include a system of mechanisms that shape the actuator input to achieve a specific application of output forces and movement. They can also include computers and sensors that monitor performance and plan movement, often called mechanical systems. Renaissance natural philosophers identified six simple machines which were the elementary devices that put a load into motion, and calculated the ratio of output force to input force, known today as mechanical advantage. Modern machines are complex systems that consist of structural elements, mechanisms and control components ...
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