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Matco Tools
Matco Tools, Inc. is an American professional tool distribution franchise for the automotive and other industries and is based in Stow, Ohio, United States. This includes over 13,000 different tools such as wrenches, screw drivers, gauges, and specialty tools. Matco produces their own line of toolboxes in their Jamestown, NY manufacturing plant. They manufacture and contract the production of many air tools, electric tools, hand tools and diagnostic tools.. The company was founded in 1946 and began selling direct to professional mechanics in 1979. Originally Matco was the box manufacturing division of Mac Tools. However, they have not been associated with Mac since Matco Tools was formed in 1979. Former corporate owner Danaher spun off several subsidiaries, including Matco, in 2016 to create Fortive. Fortive, in turn, spun off Matco and other brands as Vontier in 2020. Distribution Similar to Snap-on, Cornwell and many Mac Tools dealers, Matco Tools are sold by a local tool ...
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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 entities f ...
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Digital Marketing
Digital marketing is the component of marketing that uses the Internet and online based digital technologies such as desktop computers, mobile phones and other digital media and platforms to promote products and services. Its development during the 1990s and 2000s changed the way brands and businesses use technology for marketing. As digital platforms became increasingly incorporated into marketing plans and everyday life, and as people increasingly use digital devices instead of visiting physical shops, digital marketing campaigns have become prevalent, employing combinations of search engine optimization (SEO), search engine marketing (SEM), content marketing, influencer marketing, content automation, campaign marketing, data-driven marketing, e-commerce marketing, social media marketing, social media optimization, e-mail direct marketing, display advertising, e–books, and optical disks and games have become commonplace. Digital marketing extends to non-Internet channels ...
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Manufacturing Companies Established In 1946
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through which raw materials are transformed into a final product. ...
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Manufacturing Companies Based In Ohio
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through which raw materials are transformed into a final product. ...
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Tool Manufacturing Companies Of The United States
A tool is an object that can extend an individual's ability to modify features of the surrounding environment or help them accomplish a particular task. Although many animals use simple tools, only human beings, whose use of stone tools dates back hundreds of millennia, have been observed using tools to make other tools. Early human tools, made of such materials as stone, bone, and wood, were used for preparation of food, hunting, manufacture of weapons, and working of materials to produce clothing and useful artifacts. The development of metalworking made additional types of tools possible. Harnessing energy sources, such as animal power, wind, or steam, allowed increasingly complex tools to produce an even larger range of items, with the Industrial Revolution marking an inflection point in the use of tools. The introduction of widespread automation in the 19th and 20th centuries allowed tools to operate with minimal human supervision, further increasing the productivity of hu ...
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Jack Beckman
Jack Beckman (Born June 28, 1966 at San Fernando, California and also known as Fast Jack,) is a professional drag racer who drove a NHRA Fuel Funny Car for Don Schumacher Racing until 2020. Beckman won the SuperComp championship in 2003, his first Funny Car championship in November 2012 and achieved the third fastest Funny Car time in NHRA history in 2015. He raced the quickest time in Funny Car history earlier in that same month. Off the track, Beckman was an instructor for Frank Hawley's Drag Racing School, the official driving instruction school of the National Hot Rod Association, and currently serves as a consultant. Over a period of 11 years, Beckman instructed over 7,000 different students. He is currently documenting the sport's history and is taking part in the Wally Parks NHRA Motorsport Museum's History of Hot Rodding. Beckman is a former sergeant in the U.S. Air Force and in May 2013 he was presented with the U.S. Air Force Wall of Achievers honor in Enlisted Heritage ...
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Funny Car
Funny Car is a type of drag racing vehicle and a specific racing class in organized drag racing. Funny cars are characterized by having tilt-up fiberglass or carbon fiber automotive bodies over a custom-fabricated chassis, giving them an appearance vaguely approximating manufacturers' showroom models. They also have the engine placed in front of the driver, as opposed to dragsters, which place it behind the driver. Funny car bodies typically reflect the models of newly available cars in the time period that the funny car was built. For example, in the 1970s, then current models such as the Chevrolet Vega or Plymouth Barracuda were often represented as funny cars, and the bodies represented the Big Three of General Motors, Ford, and Chrysler. Currently, four manufacturers are represented in National Hot Rod Association (NHRA) Funny Car — Chevrolet with the Camaro, Dodge with the Charger, Ford with the Mustang, and Toyota with the Supra. Worldwide, however, many different ...
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Antron Brown
Antron Brown (born March 1, 1976) is an American drag racing driver, currently driving the Matco Tools Top Fuel dragster for AB Motorsports in the NHRA Camping World Drag Racing Series. Brown is the first African American champion in drag racing history, winning the Top Fuel dragster championship in 2012, 2015 and 2016. Early life Brown lived in Trenton, New Jersey until age six, when his family moved to his grandmother's 10-acre farm in rural Chesterfield Township, New Jersey following the death of his grandfather.Caldwell, Dave"Sprinter Turned Driver Is a Quick Study in Acceleration" ''The New York Times'', August 30, 2009. Accessed November 26, 2013. "Brown, a 33-year-old native of Chesterfield, N.J., could become the first African-American to win a major N.H.R.A. championship.... Brown lived in Trenton until he was 6. When his grandfather died, his family moved to his grandmother’s 10-acre farm in Chesterfield, in the rural part of Burlington County." His father Albert ran ...
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National Hot Rod Association
The National Hot Rod Association (NHRA) is a drag racing governing body, which sets rules in drag racing and hosts events all over the United States and Canada. With over 40,000 drivers in its rosters, the NHRA claims to be the largest motorsports sanctioning body in the world. The association was founded by Wally Parks in 1951 in California to provide a governing body to organize and promote the sport of drag racing. NHRA's first Nationals was held in 1955, in Great Bend, Kansas. The NHRA Camping World Drag Racing Series, the national event series which comprises 24 races each year, is the premier series in drag racing that brings together the best drag racers from across North America and the world. The NHRA U.S. Nationals are now held at Lucas Oil Raceway in Brownsburg, Indiana and are officially called the U.S. Nationals. Winners of national events are awarded a trophy statue in honor of founder Wally Parks. The trophy is commonly referred to by its nickname, “Wally”. ...
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Top Fuel
Top Fuel is a type of drag racing whose dragsters are the quickest accelerating racing cars in the world and the fastest sanctioned category of drag racing, with the fastest competitors reaching speeds of and finishing the runs in 3.62 seconds. A top fuel dragster accelerates from a standstill to in as little as 0.8 seconds (less than one third the time required by a production Porsche 911 Turbo to reach ) and can exceed in just . This subjects the driver to an average acceleration of about over the duration of the race and with a peak of over . Because of the speeds, this class exclusively races to only a distance, and not the traditional one-fourth of a statute mile, or . The rule was changed in 2008 by the National Hot Rod Association following the fatal crash of Funny Car driver Scott Kalitta during a qualifying session at Old Bridge Township Raceway Park in Englishtown, New Jersey. The shortening of the distance was used by the FIA at some tracks, and as of 2012 is n ...
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Wage Theft
Wage theft is the failing to pay wages or provide employee benefits owed to an employee by contract or law. It can be conducted by employers in various ways, among them failing to pay overtime; violating minimum wage, minimum-wage laws; the misclassification of employees as independent contractors, illegal deductions in pay; forcing employees to work "off the clock", not paying annual leave or holiday entitlements, or simply not paying an employee at all. Wage theft in the United States According to some studies, wage theft is common in the United States, particularly from low wage workers, from legal citizens to undocumented immigrants. The Economic Policy Institute reported in 2014 that survey evidence suggests wage theft costs US workers billions of dollars a year. Some rights violated by wage theft have been guaranteed to workers in the United States in the 1938 Fair Labor Standards Act (FLSA). Forms Overtime According to the FLSA, unless exempt, employees are entitle ...
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United States Dollar
The United States dollar ( symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official currency of the United States and several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar, divided it into 100 cents, and authorized the minting of coins denominated in dollars and cents. U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color. The monetary policy of the United States is conducted by the Federal Reserve System, which acts as the nation's central bank. The U.S. dollar was originally defined under a bimetallic standard of (0.7735 troy ounces) fine silver or, from 1837, fine gold, or $20.67 per troy ounce. The Gold Standard Act of 1900 linked the dollar solely to gold. From 1934, it ...
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