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Lifetime Products
Lifetime Products Inc. is a privately owned company founded in 1986. Its main products are blow-molded polyethylene folding chairs and tables, picnic tables, home basketball equipment, sheds, coolers, kayaks and paddleboards, and lawn and garden items, along with OEM steel and plastic items from other companies. Overview Lifetime Products uses polyethylene blow molding and metal forming technology to create a variety of consumer and industrial products. Lifetime has a large single-point blow molding plastics facility in Clearfield, Utah, occupying , and employs over 2,200 people worldwide. The company produces the only folding chair to comply with the Business and Institutional Furniture Manufacturer's Association (BIFMA), which defines durability standards testing of commercial-grade chairs. Lifetime is headquartered in the Freeport Center in Clearfield, Utah, and has vertically integrated manufacturing facilities in Clearfield, Xiamen, China, and Mascot, Tennessee. US distribu ...
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Private 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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Original Equipment Manufacturer
An original equipment manufacturer (OEM) is generally perceived as a company that produces non-aftermarket parts and equipment that may be marketed by another manufacturer. It is a common industry term recognized and used by many professional organizations such as SAE International, ISO, and others. However, the term is also used in several other ways, which causes ambiguity. It sometimes means the maker of a system that includes other companies' subsystems, an end-product producer, an automotive part that is manufactured by the same company that produced the original part used in the automobile's assembly, or a value-added reseller.Ken Olsen: PDP-1 and PDP-8 (page 3)
, economicadventure.com


Automotive parts

When referring to auto parts, OEM refers to the manufactur ...
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Pipe (material)
A pipe is a tubular section or hollow cylinder, usually but not necessarily of circular cross-section, used mainly to convey substances which can flow — liquids and gases (fluids), slurries, powders and masses of small solids. It can also be used for structural applications; hollow pipe is far stiffer per unit weight than solid members. In common usage the words ''pipe'' and ''tube'' are usually interchangeable, but in industry and engineering, the terms are uniquely defined. Depending on the applicable standard to which it is manufactured, pipe is generally specified by a nominal diameter with a constant outside diameter (OD) and a schedule that defines the thickness. Tube is most often specified by the OD and wall thickness, but may be specified by any two of OD, inside diameter (ID), and wall thickness. Pipe is generally manufactured to one of several international and national industrial standards. While similar standards exist for specific industry applicati ...
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Barry Mower
Barry Mower is an American Businessperson and owner of Lifetime Products in Clearfield, Utah. Mower graduated from Weber State College in 1974 with a bachelor’s degree in microbiology. He started his first company, American Play World Company, in Riverdale, Utah, in 1973. In 1986, this company evolved into Lifetime Products, Inc. Today, Lifetime is a major manufacturer of tables and chairs, residential basketball equipment, sheds, playground equipment, kayaks and paddleboards, coolers, and raw steel products. Lifetime is based in Clearfield, Utah, and employs almost 2000 people worldwide. Mower holds more than 60 patents. The Small Business Administration awarded Mower Small Businessman of the Year in 1990. Mower currently lives in Layton, Utah Layton is a city in Davis County, Utah, United States. It is part of the Ogden-Clearfield Metropolitan Statistical Area. As of the 2020 census, the city had a population of 81,773, with 2022 estimates showing a slight increase to 84 ...
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Lille, France
Lille ( , ; nl, Rijsel ; pcd, Lile; vls, Rysel) is a city in the northern part of France, in French Flanders. On the river Deûle, near France's border with Belgium, it is the capital of the Hauts-de-France region, the prefecture of the Nord department, and the main city of the European Metropolis of Lille. The city of Lille proper had a population of 234,475 in 2019 within its small municipal territory of , but together with its French suburbs and exurbs the Lille metropolitan area (French part only), which extends over , had a population of 1,510,079 that same year (Jan. 2019 census), the fourth most populated in France after Paris, Lyon, and Marseille. The city of Lille and 94 suburban French municipalities have formed since 2015 the European Metropolis of Lille, an indirectly elected metropolitan authority now in charge of wider metropolitan issues, with a population of 1,179,050 at the Jan. 2019 census. More broadly, Lille belongs to a vast conurbation formed with th ...
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Monterrey, Mexico
Monterrey ( , ) is the capital and largest city of the northeastern state of Nuevo León, Mexico, and the third largest city in Mexico behind Guadalajara and Mexico City. Located at the foothills of the Sierra Madre Oriental, the city is anchor to the Monterrey metropolitan area, the second-largest in Mexico with an estimated population of 5,341,171 people as of 2020 and the second most productive metropolitan area in Mexico with a GDP ( PPP) of US$140 billion in 2015. According to the 2020 census, the city itself has a population of 1,142,194. Monterrey is one of the most livable cities in Mexico, and a 2018 study found that suburb San Pedro Garza García is the city with the best quality of life in Mexico. It serves as a commercial center of northern Mexico and is the base of many significant international corporations. Its purchasing power parity-adjusted GDP per capita is considerably higher than the rest of Mexico's at around US$35,500, compared to the country's US$18,800. ...
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Columbus, Ohio
Columbus () is the state capital and the most populous city in the U.S. state of Ohio. With a 2020 census population of 905,748, it is the 14th-most populous city in the U.S., the second-most populous city in the Midwest, after Chicago, and the third-most populous state capital. Columbus is the county seat of Franklin County; it also extends into Delaware and Fairfield counties. It is the core city of the Columbus metropolitan area, which encompasses 10 counties in central Ohio. The metropolitan area had a population of 2,138,926 in 2020, making it the largest entirely in Ohio and 32nd-largest in the U.S. Columbus originated as numerous Native American settlements on the banks of the Scioto River. Franklinton, now a city neighborhood, was the first European settlement, laid out in 1797. The city was founded in 1812 at the confluence of the Scioto and Olentangy rivers, and laid out to become the state capital. The city was named for Italian explorer Christopher Columbus. ...
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North Kansas City, Missouri
North Kansas City is a city in Clay County, Missouri, United States. It is also enclaved in Kansas City. Even though the name is similar to its larger counterpart, Kansas City, it is an independent municipality part of the Kansas City metropolitan area. The population was 4,467 at the 2020 census. Originally a northern suburb across the Missouri River from Kansas City, it is now almost completely surrounded by Kansas City, which has annexed far to the north of North Kansas City's northern city limits. North Kansas City also adjoins the small municipality of Avondale. Geography North Kansas City is located at (39.139007, -94.570518). According to the United States Census Bureau, the city has a total area of , of which is land and is water. Transportation Highways connecting North Kansas City with the surrounding area are Interstate 29/ 35/US 71, Missouri Route 1 (Vernon Street), Route 9 (Burlington Street), Route 210 (Armour Road), Route 269 (Chouteau Trafficway), and ...
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Mascot, Tennessee
Mascot is a census-designated place (CDP) in Knox County, Tennessee, United States. The population was 2,760 at the 2020 census up from 2,411 at the 2010 census. History The Mascot community was first reported to be established around 1796, when settler John Erwin purchased 150 acres of land by the United States government, but the expansion of the community would not occur until the 19th and 20th centuries. Early 19th century settlement in the Mascot area may have centered on a ford across the Holston River that was known as Saylor's Ford. In 1838, Dr. George Arnold, a physician and planter, constructed a Georgian-style house known as "Chesterfield" along Old Rutledge Pike in what is now northern Mascot. The house is listed on the National Register of Historic Places. In 1884 a railroad line was constructed through the area and a post office was established under the name "Meek," apparently the surname of a local family. Knoxville's Daily Sentinel listed Mascot as the name of t ...
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Mainland China
"Mainland China" is a geopolitical term defined as the territory governed by the People's Republic of China (including islands like Hainan or Chongming), excluding dependent territories of the PRC, and other territories within Greater China. By convention, the territories that fall outside of the Chinese mainland include: * Hong Kong, a quasi-dependent territory under PRC rule that is officially designated a " Special Administrative Region of the PRC" (formerly a British colony) * Macau, a quasi-dependent territory under PRC rule that is officially designated a "Special Administrative Region of the PRC" (formerly a Portuguese colony) * Territories ruled by the Republic of China (ROC, commonly referred to as Taiwan), including the island of Taiwan, the Penghu (Pescadores) islands in the Taiwan Strait, and the islands Kinmen, Matsu, and Wuqiu (Kinmen) offshore of Fujian. Overseas Chinese, especially Malaysian Chinese and Chinese Singaporeans, use this term to describe p ...
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Xiamen
Xiamen ( , ; ), also known as Amoy (, from Hokkien pronunciation ), is a sub-provincial city in southeastern Fujian, People's Republic of China, beside the Taiwan Strait. It is divided into six districts: Huli, Siming, Jimei, Tong'an, Haicang, and Xiang'an. All together, these cover an area of with a population of 5,163,970 as of 2020 and estimated at 5.28 million as of 31 December 2021. The urbanized area of the city has spread from its original island to include most parts of all six of its districts, and with 4 Zhangzhou districts ( Xiangcheng, Longwen, Longhai and Changtai), form a built-up area of 7,284,148 inhabitants. This area also connects with Quanzhou in the north, making up a metropolis of nearly ten million people. The Kinmen Islands (Quemoy) administered by the Republic of China (Taiwan) which lie less than away separated by Xiamen Bay. As part of the Opening Up Policy under Deng Xiaoping, Xiamen became one of China's original four special economic zo ...
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Vertical Integration
In microeconomics, management and international political economy, vertical integration is a term that describes the arrangement in which the supply chain of a company is integrated and owned by that company. Usually each member of the supply chain produces a different product or (market-specific) service, and the products combine to satisfy a common need. It contrasts with horizontal integration, wherein a company produces several items that are related to one another. Vertical integration has also described management styles that bring large portions of the supply chain not only under a common ownership but also into one corporation (as in the 1920s when the Ford River Rouge Complex began making much of its own steel rather than buying it from suppliers). Vertical integration and expansion is desired because it secures supplies needed by the firm to produce its product and the market needed to sell the product. Vertical integration and expansion can become undesirable whe ...
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