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Positec Tool Corporation
The Positec Tool Corporation, or simply Positec, is a manufacturing company that specializes in the production of power tools and lawn and garden equipment. The company's corporate headquarters are located in Suzhou, China and the head of its North American division is located in Charlotte, North Carolina. Positec is known for its production of the Rockwell Tools and WORX brands which can be found in retailers like Lowe's, The Home Depot, Costco, and Walmart. History The Positec Tool Corporation was founded by Don Gao in 1994 in Suzhou, China. The term "Positec" is a play on "Positive Technology." The company was initially started as an original equipment manufacturer of hand and power tools for established companies and brands like Sears and Black & Decker. In one of the company's early years, they shipped an order of 700,000 angle grinders to Black & Decker. Later, Black & Decker would stop ordering from Positec to focus on manufacturing its own tools. After this, Gao began to ...
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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 ...
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WORX
Worx (styled WORX in the company's logo), is a line of lawn and garden equipment and power tools owned and distributed by the Positec Tool Corporation, a manufacturing company based in Suzhou, China, with North American headquarters in Charlotte, North Carolina. The brand is known primarily for its lawn and garden tools like trimmers, lawn mowers, and chainsaws. In North America, Worxproducts can be found at numerous major retailers including Lowe's, Walmart, The Home Depot, Canadian Tire, and Costco. The brand is also sold on other continents, such as in Europe. History The Positec Tool Corporation was founded in Suzhou, China, by Don Gao in 1994. For most of its early years, Positec sold OEM power tools to companies and brands like Black & Decker. Gao wanted to branch out by creating a line of lawn and garden equipment using his own branding. Positec launched early versions of Worx tools in China in 2004. One of the first Worx products sold was an electric lawn trimmer call ...
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Robert Bosch GmbH
Robert Bosch GmbH (; ), commonly known as Bosch and stylized as BOSCH, is a German multinational engineering and technology company headquartered in Gerlingen, Germany. The company was founded by Robert Bosch in Stuttgart in 1886. Bosch is 92% owned by Robert Bosch Stiftung, a charitable institution. Although the charity is funded by owning the vast majority of shares, it has no voting rights and is involved in health and social causes unrelated to Bosch’s business. Bosch's core operating areas are spread across four business sectors: mobility (hardware and software), consumer goods (including household appliances and power tools), industrial technology (including drive and control) and energy and building technology. History 1886–1920 The company started in a backyard in Stuttgart-West as the ''Werkstätte für Feinmechanik und Elektrotechnik'' (''Workshop for Precision Mechanics and Electrical Engineering'') on 15 November 1886. The next year Bosch presented a low v ...
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Emerson Electric
Emerson Electric Co. is an American multinational corporation headquartered in Ferguson, Missouri. The ''Fortune'' 500 company manufactures products and provides engineering services for industrial, commercial, and consumer markets."David Farr"
Emerson has approximately 86,700 employees and 170 manufacturing locations.


History

Emerson was established in 1890 in , as ''Emerson Electric Manufacturing Co.'' by Union veteran

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String Trimmer
A string trimmer, also known by the portmanteau strimmer and the trademarks Weedwacker, Weed eater and Whipper Snipper. is a garden tool for cutting grass, small weeds, and groundcover. It uses a whirling monofilament line instead of a blade, which protrudes from a rotating spindle at the end of a long shaft topped by a gasoline engine or electric motor. String trimmers are commonly used for cutting low foliage near obstacles or on steep or irregular terrain. Most professional-grade line trimmers can accept attachment blades to be used as brush cutters for more dense vegetation. History The first brush cutter was produced in Japan in 1960 by Echo tools, Echo. The U.S. string trimmer was invented in the early-1970s by George Ballas of Houston, Texas, who conceived the idea while watching the revolving action of the cleaning brushes in an automatic car wash. His first trimmer was made by attaching pieces of heavy duty fishing line to a tin can bolted to an edger. Ballas devel ...
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Italy
Italy ( it, Italia ), officially the Italian Republic, ) or the Republic of Italy, is a country in Southern Europe. It is located in the middle of the Mediterranean Sea, and its territory largely coincides with the homonymous geographical region. Italy is also considered part of Western Europe, and shares land borders with France, Switzerland, Austria, Slovenia and the enclaved microstates of Vatican City and San Marino. It has a territorial exclave in Switzerland, Campione. Italy covers an area of , with a population of over 60 million. It is the third-most populous member state of the European Union, the sixth-most populous country in Europe, and the tenth-largest country in the continent by land area. Italy's capital and largest city is Rome. Italy was the native place of many civilizations such as the Italic peoples and the Etruscans, while due to its central geographic location in Southern Europe and the Mediterranean, the country has also historically been home ...
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Vicenza
Vicenza ( , ; ) is a city in northeastern Italy. It is in the Veneto region at the northern base of the ''Monte Berico'', where it straddles the Bacchiglione River. Vicenza is approximately west of Venice and east of Milan. Vicenza is a thriving and cosmopolitan city, with a rich history and culture, and many museums, art galleries, piazzas, villas, churches and elegant Renaissance '' palazzi''. With the Palladian Villas of the Veneto in the surrounding area, and his renowned ''Teatro Olimpico'' (Olympic Theater), the "city of Palladio" has been listed as a UNESCO World Heritage Site since 1994. In December 2008, Vicenza had an estimated population of 115,927 and a metropolitan area of 270,000. Vicenza is the third-largest Italian industrial centre as measured by the value of its exports, and is one of the country's wealthiest cities, in large part due to its textile and steel industries, which employ tens of thousands. Additionally, about one fifth of the country's gold a ...
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Angle Grinder
An angle grinder, also known as a side grinder or disc grinder, is a handheld power tool used for grinding (abrasive cutting) and polishing. Although developed originally as tools for rigid abrasive discs, the availability of an interchangeable power source has encouraged their use with a wide variety of cutters and attachments. Angle grinders can be powered by an electric motor or compressed air. The motor drives a geared head at a right-angle on which is mounted an abrasive disc or a thinner cut-off disc, either of which can be replaced when worn. Angle grinders typically have an adjustable guard and a side-handle for two-handed operation. Certain angle grinders, depending on their speed range, can be used as sanders, employing a sanding disc with a backing pad or disc. The backing system is typically made of hard plastic, phenolic resin, or medium-hard rubber depending on the amount of flexibility desired. Angle grinders are standard equipment in metal fabrication shops an ...
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Black & Decker
Black+Decker Inc. is an American manufacturer of power tools, accessories, hardware, home improvement products, home appliances and fastening systems headquartered in Towson, Maryland, north of Baltimore, Maryland, USA, where the company was originally established in 1910. On March 12, 2010, Black & Decker merged with Stanley Works to become Stanley Black & Decker. It remains as a wholly owned subsidiary of that company. History 1910-1974 *1910 – "The Black & Decker Manufacturing Company" was founded by S. Duncan Black (1883–1951) and Alonzo G. Decker (1884–1956), as a small machine shop in Baltimore in September. Decker, who had only a seventh grade education, had met Black in 1906, when they were both 23-year-old workers at the Rowland Telegraph Company. With only $1,200 between them, one of their first jobs was designing machinery for making milk bottle caps and candy dipping. *1912 – The Black and Decker "Hexagon" logo symbol was introduced, symbolizing the he ...
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Sears
Sears, Roebuck and Co. ( ), commonly known as Sears, is an American chain of department stores founded in 1892 by Richard Warren Sears and Alvah Curtis Roebuck and reincorporated in 1906 by Richard Sears and Julius Rosenwald, with what began as a mail ordering catalog company migrating to opening retail locations in 1925, the first in Chicago. In 2005, the company was bought by the management of the American big box discount chain Kmart, which upon completion of the merger, formed Sears Holdings. Through the 1980s, Sears was the largest retailer in the United States. In 2018, it was the 31st-largest. After several years of declining sales, Sears's parent company filed for Chapter 11 bankruptcy on October 15, 2018. It announced on January 16, 2019, that it had won its bankruptcy auction, and that a reduced number of 425 stores would remain open, including 223 Sears stores. Sears was based in the Sears Tower in Chicago from 1973 until 1995, and is currently headquartered in Hof ...
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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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Walmart
Walmart Inc. (; formerly Wal-Mart Stores, Inc.) is an American multinational retail corporation that operates a chain of hypermarkets (also called supercenters), discount department stores, and grocery stores from the United States, headquartered in Bentonville, Arkansas. The company was founded by Sam Walton in nearby Rogers, Arkansas in 1962 and incorporated under Delaware General Corporation Law on October 31, 1969. It also owns and operates Sam's Club retail warehouses. Walmart has 10,586 stores and clubs in 24 countries, operating under 46 different names. The company operates under the name Walmart in the United States and Canada, as Walmart de México y Centroamérica in Mexico and Central America, and as Flipkart Wholesale in India. It has wholly owned operations in Chile, Canada, and South Africa. Since August 2018, Walmart held only a minority stake in Walmart Brasil, which was renamed Grupo Big in August 2019, with 20 percent of the company's shares, and p ...
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