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North American Catamaran Racing Association
Nacra Sailing is a Dutch company that manufactures a line of small catamaran sailboats, or beachcats. NACRA was founded in 1975 to tap into the market created by Hobie Alter the founder of Hobie Cat, and several other companies offering small fiberglass catamarans designed to be sailed off the beach by a crew of one or two. NACRA is an acronym that stands for North American Catamaran Racing Association, and as the name implies, the company has remained primarily focused on racing catamarans from inception. History Nacra Sailing was founded by sailboat designer Tom Roland who had previously designed the Alpha Cat, an 18-foot beach cat, in 1970. After this he designed a 36 foot, oversized one design beach catamaran as part of venture to start a professional sailboat racing series. About 10 of these were built, but the racing series didn't turn out to be viable. The racing series was the original source of the NACRA acronym (North American Catamaran Racing Association), which w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privately Held 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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
