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Hughes Boat Works
Hughes Boat Works was a Canadian boat builder based in Centralia, Ontario. The company specialized in the design and manufacture of fibreglass sailboats. The company was founded by brothers Howard and Peter Hughes in 1963 and closed in 1991. Howard Hughes was not the Howard Hughes, American pilot and engineer of the same name. The company grew to become the largest sailboat manufacturer in Canada. The company was also known as North Star Yachts Limited and later, Hughes Boatworks Inc. History The Hughes brothers formed the company initially in Willowdale, Ontario, as a builder of dinghies. Two years later, in 1965, the company was relocated to Scarborough, Ontario where they built the Hughes 24 keelboat between 1965 and 1967. The Hughes 24 used tooling and moulds purchased from Tanzer Industries. Also built during this period were the Hughes 27 and Hughes 38-1. The former was a Howard Hughes design while the latter was designed by Sparkman & Stephens in conjunction with Hugh ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
