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Ling-Temco-Vought
Ling-Temco-Vought (LTV) was a large American conglomerate which existed from 1961 to 2001. At its peak, it was involved in aerospace, airlines, electronics, steel manufacturing, sporting goods, meat packing, car rentals, and pharmaceuticals, among other businesses. It began in 1947 as Ling Electric Company, later named Ling-Temco-Vought, followed by LTV Corporation and eventually LTV Steel until its end in 2001. History Ling Electric Company In 1947, entrepreneur James Ling founded an electrical-contracting business, Ling Electric Company, in Dallas, Texas. He lived in the rear of the shop. After incorporating and taking the company public in 1955, Ling found innovative ways to market the stock, including selling door-to-door and from a booth at the State Fair of Texas. Ling-Temco-Vought In 1956, Ling bought L.M. Electronics, and in 1959, added Altec Electronics, a maker of stereo systems and speakers. In 1960, Ling merged the company with Temco Aircraft, best known f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Inolex
Inolex is an American company that designs ingredients for the personal care and cosmetics industries. Headquartered in Philadelphia, United States, the company has been operating since 1876. Inolex supplies ingredients for consumer products including sunscreen, hair conditioner, skin care products, wet wipes, and cosmetics. The company has operations in the United States, Brazil, Mexico, France, Belgium, Germany, United Kingdom, South Korea, India, and China. Inolex designs and produces ingredients that can be used to replace palm oil, silicone, and preservatives. History Inolex, which stands for innovation ("IN"), technology ("OL"), excellence ("EX"), was founded in 1876 as the D.B. Martin Company and has been a privately held, independent company since 1981. 1876–1967 left, The D.B. Martin Co.'s Flagship Facility in Philadelphia, PA (1908) In 1876, D.B. Martin founded the D.B. Martin Company' in Delaware, US, and in 1904, he incorporated the company in Philadelphia. Th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vought
Vought was the name of several related American aerospace firms. These have included, in the past, Lewis and Vought Corporation, Chance Vought, Vought-Sikorsky, LTV Aerospace (part of Ling-Temco-Vought), Vought Aircraft Companies, and Vought Aircraft Industries. The first incarnation of Vought was established by Chance M. Vought and Birdseye Lewis in 1917. In 1928, it was acquired by United Aircraft and Transport Corporation, which a few years later became United Aircraft Corporation; this was the first of many reorganizations and buyouts. During the 1920s and 1930s, Vought Aircraft and Chance Vought specialized in carrier-based aircraft for the United States Navy, by far its biggest customer. Chance Vought produced thousands of planes during World War II, including the F4U Corsair. Vought became independent again in 1954, and was purchased by Ling-Temco-Vought (LTV) in 1961. The company designed and produced a variety of planes and missiles throughout the Cold War. Vou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Temco Aircraft
The Texas Engineering & Manufacturing Company (TEMCO), also known as Temco Aircraft Corporation, was a U.S.-based manufacturing company located in Dallas, Texas, USA. It is best known for eventually forming part of the conglomerate Ling-Temco-Vought. History Company formation Temco was the brainchild of Robert McCulloch, who began his career in aircraft with the Aircraft Division of William Beardmore and Company in Scotland. McCulloch emigrated to the US in 1927 and worked for a small machining company before joining the Atlantic Aircraft Corporation. The company was "flipped" a number of times during the Great Depression, first becoming Fokker Aircraft of America, then General Aviation, and finally North American Aviation (NAA), where McCulloch rose to become factory manager in 1941. That year he took a position at Convair as the general manager of their factory in Nashville, Tennessee, but he returned to NAA in 1943 and by the end of World War II was the manager of their new ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
James Ling
James Joseph "Jimmy" Ling (December 31, 1922 – December 17, 2004) was an American businessman and former head of Ling-Temco-Vought corporation. While at its helm, Ling used LTV funds to purchase a large number of corporations, and was one of the more famous of the 1960s conglomerate managers. Biography Ling was the son of a Catholic convert who later entered a Carmelite monastery. Ling's mother died when he was young, and he lived for a time with an aunt in Shreveport, Louisiana. He failed to graduate from a Jesuit high school but became a master electrician after training at a US Navy school in Mississippi. In 1947 he founded his own Dallas electrical contracting business, Ling Electric Company, where he lived in the rear of the shop. After incorporating and taking his company public in 1955, Ling found innovative ways to market his stock, including door-to-door soliciting and selling from a booth at the State Fair of Texas. In 1956 Ling bought L.M. Electronics, followed ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wilson Sporting Goods
The Wilson Sporting Goods Company is an American sports equipment manufacturer based in Chicago, Illinois. Wilson makes equipment for many sports, among them baseball, badminton, American football, basketball, fastpitch softball, golf, racquetball, soccer, squash, tennis, pickleball and volleyball. The company has been a subsidiary of Finnish retailer Amer Sports since 1989. History The company traces its roots to the "Schwarzschild & Sulzberger" meatpacking company (later changed to "Sulzberger & Son's") based in New York (state), New York, that operated meat packing slaughterhouses. Sulzberger & Son's founded the "Ashland Manufacturing Company" in 1913 to use animal by-products from its slaughterhouses. It started out in 1914, making tennis racket strings, violin strings, and surgical sutures, but soon expanded into baseball shoes and tennis racquets. In 1915, Thomas E. Wilson, former president of meatpacker Morris & Company, was appointed president by the controlling banks a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Altec Lansing
Altec Lansing, Inc. is an American audio electronics company founded in 1927. Their primary products are loudspeakers and associated audio electronics for professional, home, automotive and multimedia applications. Engineers at Western Electric, who later formed Altec Services Company, developed the technology for motion picture sound that was introduced in 1927, with the release of ''The Jazz Singer''. Originally, Altec Services Company serviced the theater sound systems the company founders had helped develop. In 1941, the Altec Services Company purchased the nearly bankrupt Lansing Manufacturing Company and melded the two names, forming the Altec Lansing Corporation, and with the manufacturing capabilities of the former Lansing Manufacturing Company, they quickly expanded into manufacturing horn loudspeakers. In 1958 the Altec Lansing Corporation was purchased by James Ling who made it part of LTV Ling Altec. LTV spun off Altec which it loaded down with debt first. By 1974 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
David Harold Byrd
David Harold "Dry Hole" Byrd (24 April 1900 – 14 September 1986) was a noted Texan producer of petroleum, and a co-founder of the Civil Air Patrol. Byrd's cousin, polar explorer Richard E. Byrd, named Antarctica's Harold Byrd Mountains for him. Personal background Byrd was born in Detroit, Texas on April 24, 1900, the youngest of eight children of Mary Easley Byrd and Edward Byrd, and grew up in Texas and Oklahoma.Texas State Historical AssociationBYRD, DAVID HAROLD/ref> Byrd's cousin, polar explorer Richard E. Byrd, named Antarctica's Harold Byrd Mountains for him, after Byrd had contributed to the expedition that found them. Another cousin (Richard's brother) was Harry F. Byrd, who became a Democratic Party Governor of Virginia and a leading conservative US Senator. Byrd worked in the Burkburnett, Texas oilfield before attending Trinity University in 1917 and studying geology at the University of Texas in 1919–1921. During the summer vacations he worked at an oilfield ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
E-Systems
Raytheon Intelligence, Information, and Services (RIIS or IIS) is a business unit of Raytheon Company headquartered in Dulles, Virginia. IIS specializes in intelligence, surveillance, and reconnaissance, advanced cybersecurity services; weather and environmental services, and information-based services for homeland security. The company also provides training, logistics, engineering, product support, and operational support services and solutions for mission support, homeland security, space, civil aviation, counter-proliferation, and counter-terrorism markets. History Originally founded as LTV Electro Systems in the mid-1960s, the company changed its name to E-Systems in the early 1970s. In 1995, Raytheon Company acquired E-Systems, Inc., a Texas-based company that designed, developed, produced, and serviced high-technology systems including surveillance, verification, and aircraft ground-land navigation equipment. The company also developed electronics programs and systems ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Conglomerate (company)
A conglomerate () is a type of multi-industry company that consists of several different and unrelated List of legal entity types by country, business entities that operate in various industries. A conglomerate usually has a Holding company, parent company that owns and controls many Subsidiary, subsidiaries, which are legally independent but financially and strategically dependent on the parent company. Conglomerates are often large and Multinational corporation, multinational corporations that have a global presence and a diversified portfolio of products and services. Conglomerates can be formed by merger and acquisitions, Corporate spin-off, spin-offs, or joint ventures. Conglomerates are common in many countries and sectors, such as Media (communication), media, Finance, banking, Energy industry, energy, mining, manufacturing, retail, Arms industry, defense, and transportation. This type of organization aims to achieve economies of scale, market power, Risk management, ris ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Raytheon
Raytheon is a business unit of RTX Corporation and is a major U.S. defense contractor and industrial corporation with manufacturing concentrations in weapons and military and commercial electronics. Founded in 1922, it merged in 2020 with United Technologies Corporation to form Raytheon Technologies, which changed its name to RTX Corporation in July 2023. Raytheon was established in 1922, reincorporated in 1928, and adopted the Raytheon Company name in 1959. More than 90% of Raytheon's revenues were obtained from military contracts and, as of 2012, it was the fifth-largest military contractor in the world. , it was the third-largest defense contractor in the United States by defense revenue. It was the world's largest producer of guided missiles, and was involved in corporate and special-mission aircraft until early 2007. In 2018, the company had around 67,000 employees worldwide and annual revenues of about US$25.35 billion. Over the years, Raytheon shifted its headquarters ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
L-3 Communications
L3 Technologies, formerly L-3 Communications Holdings, was an American company that supplied command and control, communications, intelligence, surveillance and reconnaissance ( C3ISR) systems and products, avionics, ocean products, training devices and services, instrumentation, aerospace, and navigation products. Its customers included the Department of Defense, Department of Homeland Security, United States Intelligence Community, NASA, aerospace contractors, and commercial telecommunications and wireless customers. In 2019, it merged with Harris Corporation to form L3Harris Technologies. L3 was headquartered in Murray Hill, Manhattan, New York City. History L3 was formed as L-3 Communications in 1997 to acquire certain business units from Lockheed Martin that had previously been part of Loral Corporation. These units had belonged to Lockheed Corporation and Martin Marietta, which had merged three years before in 1993. The company was founded by (and named for) Frank L ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
