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Ferro Corporation
Ferro Corporation is an American producer of technology-based performance materials for manufacturers, focusing on four core segments: performance colors and glass; pigments, powders, and oxides; porcelain enamel; and tile coatings systems. Ferro was founded in 1919 by Harry D. Cushman in Cleveland. The company's headquarters are currently located in Mayfield Heights, Ohio. In 2007, the company was listed as 844 on the Fortune 1000. As of 2011, Ferro operated 40 manufacturing facilities around the world. Restatement On January 18, 2005, Ferro Corporation updated the status of its investigation into inappropriate accounting entries in its Performance Chemicals business and its restatement process affecting fiscal years 2001, 2002 and 2003 and the first quarter of 2004. On September 9, 2021, Ferro announced that its shareholders voted overwhelmingly to approve its acquisition by an affiliate of Prince International Corporation at a special meeting of Ferro shareholders.Ferro Webp ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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Mayfield Heights
Mayfield Heights is a city in Cuyahoga County, Ohio, United States, and is an east-side suburb of Cleveland. The population was 18,827 at the 2010 census. History Mayfield Heights was initially built up as a streetcar suburb of Cleveland. It was incorporated as a village in 1925 and as a city in 1951. The city derives its name from Mayfield Township, now defunct. One location in the city, the W.A. Thorp House, was listed on the National Register of Historic Places in 1978. The city has a large community of Italian Americans, including newly-arrived immigrants and those who migrated eastward along Mayfield Road from Little Italy on Cleveland's East Side. Since the dissolution of the USSR in 1991, they have been joined by a significant number of immigrants from Russia and other former Soviet republics. Geography Mayfield Heights is located at . According to the United States Census Bureau, the city has a total area of , of which is land and is water. Demographics 23.9% w ...
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Ohio
Ohio () is a state in the Midwestern region of the United States. Of the fifty U.S. states, it is the 34th-largest by area, and with a population of nearly 11.8 million, is the seventh-most populous and tenth-most densely populated. The state's capital and largest city is Columbus, with the Columbus metro area, Greater Cincinnati, and Greater Cleveland being the largest metropolitan areas. Ohio is bordered by Lake Erie to the north, Pennsylvania to the east, West Virginia to the southeast, Kentucky to the southwest, Indiana to the west, and Michigan to the northwest. Ohio is historically known as the "Buckeye State" after its Ohio buckeye trees, and Ohioans are also known as "Buckeyes". Its state flag is the only non-rectangular flag of all the U.S. states. Ohio takes its name from the Ohio River, which in turn originated from the Seneca word ''ohiːyo'', meaning "good river", "great river", or "large creek". The state arose from the lands west of the Appalachian Mountai ...
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Specialty Chemicals
Speciality chemicals (also called specialties or effect chemicals) are particular chemical products which provide a wide variety of effects on which many other industry sectors rely. Some of the categories of speciality chemicals are adhesives, agrichemicals, cleaning materials, colors, cosmetic additives, construction chemicals, elastomers, flavors, food additives, fragrances, industrial gases, lubricants, paints, polymers, surfactants, and textile auxiliaries. Other industrial sectors such as automotive, aerospace, food, cosmetics, agriculture, manufacturing, and textiles are highly dependent on such products. Speciality chemicals are materials used on the basis of their performance or function. Consequently, in addition to "effect" chemicals they are sometimes referred to as "performance" chemicals or "formulation" chemicals. They can be unique molecules or mixtures of molecules known as formulations. The physical and chemical characteristics of the single molecules or the fo ...
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Prince International Corporation
A prince is a male ruler (ranked below a king, grand prince, and grand duke) or a male member of a monarch's or former monarch's family. ''Prince'' is also a title of nobility (often highest), often hereditary, in some European states. The female equivalent is a princess. The English word derives, via the French word ''prince'', from the Latin noun , from (first) and (head), meaning "the first, foremost, the chief, most distinguished, noble ruler, prince". Historical background The Latin word (older Latin *prīsmo-kaps, literally "the one who takes the first lace/position), became the usual title of the informal leader of the Roman senate some centuries before the transition to empire, the ''princeps senatus''. Emperor Augustus established the formal position of monarch on the basis of principate, not dominion. He also tasked his grandsons as summer rulers of the city when most of the government were on holiday in the country or attending religious rituals, and, for ...
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