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Kwikset
Kwikset is an American lock and lockset manufacturer owned by Spectrum Brands Hardware and Home Improvement Group (HHI), a Division of Spectrum Brands, and is in the process of being acquired by Assa Abloy. Originally Gateway Manufacturing Company, Kwikset was founded in California in 1946 by Adolf Schoepe, and Karl Rhinehart. The current name for the company was derived from the company's first locks, which pioneered the then-revolutionary tubular lock design, which was relatively fast to install. Kwikset key blanks (KW1, Ilco 1176, Axxess 66) are available at almost every location where keys can be made. Kwikset currently has manufacturing facilities in Denison, Texas; Charlotte, North Carolina; and Mexicali, Mexico. Kwikset also has a facility in China. Kwikset previously had manufacturing facilities in Anaheim, California; Bristow, Oklahoma; and Waynesboro, Georgia; but starting in 1996, these facilities were closed in a consolidation of operations to the Mexicali facility. K ...
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Adolf Schoepe
Adolf Schoepe (January 1, 1904, Berkenroth, Germany, - July 29, 2001, Fullerton, California) was a German-American inventor and businessman. Schoepe, a master metalworker with no formal education, emigrated to the United States in 1927. At the time he did not speak English, and had only about $25. As a young man he worked for Curtis Aviation in Saint Louis, Missouri then Spartan Aircraft Company in Tulsa, Oklahoma. He later worked at Goodyear Rubber Company in Akron, Ohio, installing power systems in dirigibles for the United States Navy, and at Boeing in Seattle, Washington, building B-17 bombers. He was a foreman at the San Diego Naval Air Station metals shop, and during World War II taught welding to women who were entering the work force. In 1946 Schoepe and a friend, Karl Rhinehart, founded Gateway Manufacturing Co, bought out a small defunct lock company in South Gate, California, and began manufacturing the Kwikset, a line of doorlocks. Schoepe obtained patents on ...
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Spectrum Brands
Spectrum Brands Holdings, Inc. is an American diversified company. Headquartered in Middleton, Wisconsin, it was established in 2005 as the successor company to Rayovac Corporation. It is one of the Fortune 500 companies, and among the largest of its kind on the list. The company manufactures and markets home appliances under the Remington, Black & Decker, George Foreman, and Russell Hobbs brand names, lawn and garden care products under the Spectracide and Garden Safe brand names, and insect repellents under the Cutter and Repel brand names. Spectrum owns several pet care companies, both in the aquarium supply and companion animal trades. In the aquarium business, Spectrum owns Tetra, Whisper, Marineland, Perfecto, Jungle, Instant Ocean, Visi-Therm, and other product lines. Companion animal lines consist of Dingo, Nature's Miracle, Lazy Pet, Wonderbox, Furminator, IAMS, Eukanuba and others. Both aquarium lines and companion lines are concentrated into Spectrum's United Pet Group ...
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Black & Decker
Black+Decker Inc. is an American manufacturer of power tools, accessories, hardware, home improvement products, home appliances and fastening systems headquartered in Towson, Maryland, north of Baltimore, Maryland, USA, where the company was originally established in 1910. On March 12, 2010, Black & Decker merged with Stanley Works to become Stanley Black & Decker. It remains as a wholly owned subsidiary of that company. History 1910-1974 *1910 – "The Black & Decker Manufacturing Company" was founded by S. Duncan Black (1883–1951) and Alonzo G. Decker (1884–1956), as a small machine shop in Baltimore in September. Decker, who had only a seventh grade education, had met Black in 1906, when they were both 23-year-old workers at the Rowland Telegraph Company. With only $1,200 between them, one of their first jobs was designing machinery for making milk bottle caps and candy dipping. *1912 – The Black and Decker "Hexagon" logo symbol was introduced, symbolizing the hea ...
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Assa Abloy
Assa Abloy AB is a Swedish conglomerate whose offerings include products and services related to locks, doors, gates, and entrance automation. Related products and services include controlling access and confirming identities with keys, cards, tags, mobile, and bio-metric identity verification systems. The company was formed in 1994, when Assa AB was separated from Swedish security firm Securitas AB. Shortly thereafter, Assa AB merged with the Finnish high security lock manufacturer Abloy Oy (based in Joensuu, a subsidiary of the Finnish company Wärtsilä). The company was introduced to the Stockholm Stock Exchange later the same year. Assa Abloy has since made over 200 acquisitions including Yale lock, Chubb Locks, Medeco in the United States, Mul-T-Lock in Israel and Fichet-Bauche in France. Its two largest shareholders are Latour and Melker Schörling AB. Name Assa Abloy was founded at the merger of the two companies Assa and Abloy in 1994. Assa stands for August Ste ...
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Stanley Black & Decker
Stanley Black & Decker, Inc., formerly known as The Stanley Works, is a Fortune 500 American manufacturer of industrial tools and household hardware and provider of security products. Headquartered in the greater Hartford city of New Britain, Connecticut, Stanley Black & Decker is the result of the merger of Stanley Works and Black & Decker on March 12, 2010. History The Stanley Works came to existence as a direct result of the 1920 merger of Stanley's Bolt Manufactory, founded by Frederick Trent Stanley in 1843, and the Stanley Rule and Level Company, Enormously detailed model history of planes manufactured by Stanley. founded by Frederick's cousin, Henry Stanley, in 1857. During World War II, Stanley Works received the Army-Navy "E" Award for excellence in war production. In May 2002, the company considered moving its corporate headquarters to Bermuda, but public and governmental outcry forced management to reconsider the move. By August 2002, the company had deci ...
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Mexicali, Mexico
Mexicali (; ) is the capital city of the Mexican state of Baja California. The city, seat of the Mexicali Municipality, has a population of 689,775, according to the 2010 census, while the Calexico–Mexicali metropolitan area is home to 1,000,000 inhabitants on both sides of the United States-Mexico border. Mexicali is a regional economic and cultural hub for the border region of The Californias. Mexicali was founded at the turn of the 20th century, when the region's agricultural economy experienced a period of boom. The city rapidly expanded throughout the 20th century, owing to the proliferation of maquiladoras in the city, making the Mexicali economy more interconnected with businesses from across the border. Today, Mexicali is a major manufacturing center and an emerging tourist destination. History The Spaniards arrived in the area after crossing the Sonoran Desert's " Camino del Diablo" or Devil's Road. This led to the evangelization of the area by Catholic missionar ...
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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 ...
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1957 Mergers And Acquisitions
1957 (Roman numerals, MCMLVII) was a Common year starting on Wednesday, common year starting on Tuesday of the Gregorian calendar, the 1957th year of the Common Era (CE) and ''Anno Domini'' (AD) designations, the 957th year of the 2nd millennium, the 57th year of the 20th century, and the 8th year of the 1950s decade. Events January * January 1 – The Saarland joins West Germany. * January 3 – Hamilton Watch Company introduces the first electric watch. * January 5 – South African player Russell Endean becomes the first batsman to be Dismissal (cricket), dismissed for having ''handled the ball'', in Test cricket. * January 9 – British Prime Minister Anthony Eden resigns. * January 10 – Harold Macmillan becomes Prime Minister of the United Kingdom. * January 11 – The African Convention is founded in Dakar. * January 14 – Kripalu Maharaj is named fifth Jagadguru (world teacher), after giving seven days of speeches before 500 Hindu scholars. * January 15 – The film ' ...
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