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Machine Tool Builder
A machine tool builder is a corporation or person that builds machine tools, usually for sale to manufacturers, who use them to manufacture products. A machine tool builder runs a machine factory, which is part of the machine industry. The machine tools often make interchangeable parts, which are assembled into subassemblies or finished assemblies, ending up sold to consumers, either directly or through other businesses at intermediate links of a value-adding chain. Alternatively, the machine tools may help make molds or dies, which then make the parts for the assemblies. Overview The term "machine tool builder" implies a company that builds machine tools for sale to other companies, who then use them to manufacture subsequent products. Macroeconomically, machine tools are only means to ends (with the ends being the manufactured products); they are not the ends themselves. Thus it is in the nature of machine tools that there is a spectrum of relationships between their builde ...
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Corporation
A corporation is an organization—usually a group of people or a company—authorized by the state to act as a single entity (a legal entity recognized by private and public law "born out of statute"; a legal person in legal context) and recognized as such in law for certain purposes. Early incorporated entities were established by charter (i.e. by an ''ad hoc'' act granted by a monarch or passed by a parliament or legislature). Most jurisdictions now allow the creation of new corporations through registration. Corporations come in many different types but are usually divided by the law of the jurisdiction where they are chartered based on two aspects: by whether they can issue stock, or by whether they are formed to make a profit. Depending on the number of owners, a corporation can be classified as ''aggregate'' (the subject of this article) or '' sole'' (a legal entity consisting of a single incorporated office occupied by a single natural person). One of the most att ...
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Joseph Clement
Joseph Clement (13 June 1779 – 28 February 1844) was a British engineer and industrialist, chiefly remembered as the maker of Charles Babbage's first difference engine, between 1824 and 1833. Biography Early life Joseph Clement was born on 13 June 1779 at Great Asby in Westmorland, the son of a hand- loom weaver. Although he was taught to read and write at the local school, he learned mechanics and natural history from his father, Thomas, who had built himself a lathe. He worked, first as a weaver, then as a slater, and learned metalwork from the local blacksmith. With these skills, he built himself his own lathe, on which he turned woodwind musical instruments, which he then learned to play. By 1805 he was making looms at a factory in Kirkby Stephen, then moved first to Carlisle, then to Glasgow where he learned draughtsmanship from Peter Nicholson. By 1812 he was with Leys, Masson & Co. in Aberdeen, where he attended lectures in natural philosophy at Marischal College. ...
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Hyundai Group
Hyundai Group (; ) is a South Korean conglomerate founded by Chung Ju-yung. The first company in the group was founded in 1947 as a construction company. With government assistance, Chung and his family members rapidly expanded into various industries, eventually becoming South Korea's second chaebol. Chung Ju-yung was directly in control of the company until his death in 2001. The company spun off many of its better known businesses after the 1997 Asian financial crisis and founder Chung Ju-yung's death, including Hyundai Motor Group, Hyundai Department Store Group, and Hyundai Heavy Industries Group. The Hyundai Group now focuses on elevators and tourism to Mount Kumgang. Etymology The name "Hyundai" comes from the Korean word (hanja form), which means "modernity". History * In 1947, Hyundai Togun (Hyundai Engineering and Construction), the initial company of the Hyundai Group, was established by Chung Ju-yung. Hyundai Construction began operating outside of South K ...
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Automatic Lathe
In metalworking and woodworking, an automatic lathe is a lathe with an automatically controlled cutting process. Automatic lathes were first developed in the 1870s and were mechanically controlled. From the advent of NC and CNC in the 1950s, the term automatic lathe has generally been used for only mechanically controlled lathes, although some manufacturers (e.g., DMG Mori and Tsugami) market Swiss-type CNC lathes as 'automatic'. CNC has not yet entirely displaced mechanically automated lathes, as although no longer in production, many mechanically automated lathes remain in service. General nomenclature The term "automatic lathe" is still often used in manufacturing in its earlier sense, referring to automated lathes of non-CNC types. The first automatic lathes were mechanically automated and controlled by cams or tracers and pantographs. Thus, before electronic automation via numerical control, the "automatic" in the term "automatic machine tool" always referred implicitl ...
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Ford Motor Company
Ford Motor Company (commonly known as Ford) is an American multinational automobile manufacturer headquartered in Dearborn, Michigan, United States. It was founded by Henry Ford and incorporated on June 16, 1903. The company sells automobiles and commercial vehicles under the Ford brand, and luxury cars under its Lincoln luxury brand. Ford also owns Brazilian SUV manufacturer Troller, an 8% stake in Aston Martin of the United Kingdom and a 32% stake in China's Jiangling Motors. It also has joint ventures in China (Changan Ford), Taiwan (Ford Lio Ho), Thailand ( AutoAlliance Thailand), and Turkey ( Ford Otosan). The company is listed on the New York Stock Exchange and is controlled by the Ford family; they have minority ownership but the majority of the voting power. Ford introduced methods for large-scale manufacturing of cars and large-scale management of an industrial workforce using elaborately engineered manufacturing sequences typified by moving assembly lines; by ...
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Colt's Manufacturing Company
Colt's Manufacturing Company, LLC (CMC, formerly Colt's Patent Firearms Manufacturing Company) is an American firearms manufacturer, founded in 1855 by Samuel Colt and is now a subsidiary of Czech holding company Colt CZ Group. It is the successor corporation to Colt's earlier firearms-making efforts, which started in 1836. Colt is known for the engineering, production, and marketing of firearms, most especially between the 1850s and World War I, when it was a dominating force in its industry and a seminal influence on manufacturing technology. Colt's earliest designs played a major role in the popularization of the revolver and the shift away from earlier single-shot pistols. Although Samuel Colt did not invent the revolver concept, his designs resulted in the first very successful ones. The most famous Colt products include the Colt Walker, made in 1847 in the facilities of Eli Whitney Jr., the Colt Single Action Army or Peacemaker, the Colt Python, and the Colt M1911 pist ...
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Pratt & Whitney Measurement Systems
Pratt & Whitney Measurement Systems is an American multinational corporation that specializes in producing high-precision measuring instruments and systems. History The Pratt & Whitney Company was founded in 1860 by Francis A. Pratt and Amos Whitney, with headquarters in Hartford, Connecticut. The company manufactured machine tools, tools for the makers of sewing machines, and gun-making machinery for use by the Union Army during the American Civil War. In 1925, Frederick Rentschler approached Pratt & Whitney for funding and a location to build his new aircraft engine.Engineering Success: Pratt & Whitney Aircraft
Bayla Singer Pratt & Whitney loaned him $250,000, the use of the Pratt & Whitney name, and space in their building. This was the beginning of the
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Warner & Swasey Company
The Warner & Swasey Company was an American manufacturer of machine tools, instruments, and special machinery. It operated as an independent business firm, based in Cleveland, from its founding in 1880 until its acquisition in 1980. It was founded as a partnership in 1880 by Worcester Reed Warner (1846–1929) and Ambrose Swasey (1846–1937). The company was best known for two general types of products: astronomical telescopes and turret lathes. It also did a large amount of instrument work, such as equipment for astronomical observatories and military instruments (rangefinders, optical gunsights, etc.) The themes that united these various lines of business were the crafts of toolmaking and instrument-making, which have often overlapped technologically. In the decades after World War II, it also entered the heavy equipment industry with its acquisition of the Gradall brand. History In 1866, Swasey and Warner met as fellow apprentices at the Exeter Machine Works in Exeter, ...
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Brown & Sharpe
Brown & Sharpe is a division of Hexagon AB, a Swedish multinational corporation focused mainly on metrological tools and technology. During the 19th and 20th centuries, Brown & Sharpe was one of the best-known and most influential machine tool builders and was a leading manufacturer of instruments for machinists (such as micrometers and indicators). Its reputation and influence were such that its name is often considered to be inseparably paired with certain industrial standards that it helped establish, including: * The American wire gauge (AWG) standards for wire; * The Brown & Sharpe taper in machine tool spindle tapers; and * The Brown & Sharpe worm threadform for worm gears. Since being acquired by Hexagon Metrology in 2001, Brown and Sharpe has concentrated exclusively on metrology equipment. History Founding (1833) and early years Brown & Sharpe was founded in 1833 on South Main Street in Providence, Rhode Island by David Brown and his son Joseph R. Brown. The eld ...
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Francis A
Francis may refer to: People *Pope Francis, the head of the Catholic Church and sovereign of the Vatican City State and Bishop of Rome *Francis (given name), including a list of people and fictional characters *Francis (surname) Places * Rural Municipality of Francis No. 127, Saskatchewan, Canada * Francis, Saskatchewan, Canada **Francis (electoral district) * Francis, Nebraska *Francis Township, Holt County, Nebraska * Francis, Oklahoma *Francis, Utah Other uses * ''Francis'' (film), the first of a series of comedies featuring Francis the Talking Mule, voiced by Chill Wills *''Francis'', a 1983 play by Julian Mitchell *FRANCIS, a bibliographic database * ''Francis'' (1793), a colonial schooner in Australia *Francis turbine, a type of water turbine *Francis (band), a Sweden-based folk band * Francis, a character played by YouTuber Boogie2988 See also *Saint Francis (other) *Francies, a surname, including a list of people with the name *Francisco (other) *Franci ...
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Amos Whitney
Amos Whitney (October 8, 1832 – August 5, 1920) was a mechanical engineer and inventor who co-founded the Pratt & Whitney company. He was a member of the prominent Whitney family. He was born in Biddeford, Maine to Aaron and Rebecca (Perkins) Whitney and educated at the common schools in Saccarappa, Maine and Exeter, New Hampshire. He moved at the age of 14 with his parents to Lawrence, Massachusetts and apprenticed at the Essex Machine Company. In 1852, he moved to Hartford, Connecticut and worked at the Colt Armory. At Colt, he met Francis A. Pratt who soon left to become superintendent at the Phoenix Iron Works and took Whitney with him. While working at Phoenix Iron Works, Whitney designed the Lincoln milling machine. In 1860, while still working at the Phoenix Iron Works, Pratt and Whitney formed the Pratt & Whitney company. Their first product was a thread winder for the Willimantic Linen Company. They went on to manufacture machine tools for the manu ...
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Christopher Miner Spencer
Christopher Miner Spencer (June 20, 1833 – January 14, 1922) was an American inventor, from Manchester, Connecticut, who invented the Spencer repeating rifle, one of the earliest models of lever-action rifle, a steam powered "horseless carriage", and several other inventions. He developed the first fully automatic turret lathe, which in its small- to medium-sized form is also known as a screw machine. Early years Spencer worked for Samuel Colt’s factory, where he learned the arms-making trade.pp. 174–177 Civil War Although the Spencer rifle had been developed as early as 1859, it was not initially used by the Union. On August 18, 1863, Christopher Spencer walked into the White House carrying one of his rifles and a supply of cartridges. He walked past the sentries, and into Abraham Lincoln's office. After some discussion, he returned the following afternoon, when Spencer and Lincoln were joined by Edwin Stanton, Secretary of War and other officials, and the group the ...
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