Maclaren FC
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Maclaren FC
Maclaren is a manufacturer of baby buggies, strollers and carriers based in Norwalk, Connecticut. Product range Strollers based around Owen Maclaren's original design are sold in over 50 countries under the Maclaren brand. These include the Maclaren Volo, Globetrotter, Triumph, Quest, Techno XT, and Techno XLR. Financial difficulties In September 2000, the company went into receivership with large debts and was subsequently acquired by a family based in Monaco and Switzerland. The factory in Long Buckby closed in October 2000, and production was moved to Shenzhen, China. On 29 December 2011, the U.S. unit of Maclaren filed for Chapter 7 Liquidation, but the company is considered one of the biggest players in this industry. Recall of strollers In November 2009, Maclaren USA voluntarily recalled its entire line of stroller sold in the U.S. and produced from 1999-2009, comprising about one million units, citing 12 reported fingertip amputation Amputation is the removal of a ...
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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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