Hinterhoeller Yachts
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Hinterhoeller Yachts
Hinterhoeller Yachts was a Canadian boat builder based in St. Catharines, Ontario. The company specialized in the design and manufacture of fiberglass sailboats. The company was originally founded by George Hinterhoeller as Hinterhoeller Limited in Niagara-on-the-Lake, when he started boatbuilding in 1956. It was absorbed into C&C Yachts when he helped found that company in 1969. He sold his C&C shares in 1975 and restarted his own company in 1977. The company was wound-up in 1995 and Hinterhoeller died in 1999. History The first design produced was the Y Flyer, which Hinterhoeller built in his spare time while building power boats at Shepherd Boats in Niagara-on-the-Lake. He finished 40 Y flyers starting in 1956. The next was Hinterhoeller's original design, the Shark 24. It was first built in 1959 of wood and later in fibreglass and attained racing success. The company went on to build designs such as the Redwing 30, Invader 36, Douglas 31/32 and the Frigate 36 duri ...
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Privately Held 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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