Richard P. Simmons
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Richard P. Simmons
Richard P. Simmons (born May 3, 1931) is an American metallurgist. Life and career Simmons was born on May 3, 1931. He attended Massachusetts Institute of Technology (MIT) in 1949. He became a metallurgist at the Allegheny Ludlum Steel corporation in Pittsburgh Pittsburgh ( ) is a city in the Commonwealth of Pennsylvania, United States, and the county seat of Allegheny County. It is the most populous city in both Allegheny County and Western Pennsylvania, the second-most populous city in Pennsylva .... He then worked for other steel companies before returning to become the chief executive of Allegheny, taking it public and then leading a management buyout. Having become wealthy, he then created a variety of endowments at MIT. References 1931 births Possibly living people Metallurgists {{US-CEO-stub ...
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Massachusetts Institute Of Technology
The Massachusetts Institute of Technology (MIT) is a private land-grant research university in Cambridge, Massachusetts. Established in 1861, MIT has played a key role in the development of modern technology and science, and is one of the most prestigious and highly ranked academic institutions in the world. Founded in response to the increasing industrialization of the United States, MIT adopted a European polytechnic university model and stressed laboratory instruction in applied science and engineering. MIT is one of three private land grant universities in the United States, the others being Cornell University and Tuskegee University. The institute has an urban campus that extends more than a mile (1.6 km) alongside the Charles River, and encompasses a number of major off-campus facilities such as the MIT Lincoln Laboratory, the Bates Center, and the Haystack Observatory, as well as affiliated laboratories such as the Broad and Whitehead Institutes. , 98 ...
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Metallurgist
Metallurgy is a domain of materials science and engineering that studies the physical and chemical behavior of metallic elements, their inter-metallic compounds, and their mixtures, which are known as alloys. Metallurgy encompasses both the science and the technology of metals; that is, the way in which science is applied to the production of metals, and the engineering of metal components used in products for both consumers and manufacturers. Metallurgy is distinct from the craft of metalworking. Metalworking relies on metallurgy in a similar manner to how medicine relies on medical science for technical advancement. A specialist practitioner of metallurgy is known as a metallurgist. The science of metallurgy is further subdivided into two broad categories: chemical metallurgy and physical metallurgy. Chemical metallurgy is chiefly concerned with the reduction and oxidation of metals, and the chemical performance of metals. Subjects of study in chemical metallurgy include ...
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Allegheny Ludlum Steel
ATI Inc. (previously Allegheny Technologies Incorporated) is an American producer of specialty materials, the company is headquartered in Dallas, Texas. ATI produces titanium and titanium alloys, nickel-based alloys and superalloys, grain-oriented electrical steel, stainless and specialty steels, zirconium, hafnium, and niobium, tungsten materials, forgings and castings. ATI's key markets are aerospace and defense particularly commercial jet engines (over 50% of sales), oil & gas, chemical process industry, electrical energy, and medical. The company's plants in Western Pennsylvania include facilities in Harrison Township (Allegheny Ludlum's Brackenridge Works), Vandergrift, and Washington. The company also has plants in: Illinois; Indiana; Ohio; Kentucky; California; South Carolina; Oregon; Alabama; Texas; Connecticut; Massachusetts; North Carolina; Wisconsin; New York; Shanghai, China; and several facilities in Europe. Its titanium sponge plants are located in Albany, ...
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Pittsburgh
Pittsburgh ( ) is a city in the Commonwealth of Pennsylvania, United States, and the county seat of Allegheny County. It is the most populous city in both Allegheny County and Western Pennsylvania, the second-most populous city in Pennsylvania behind Philadelphia, and the 68th-largest city in the U.S. with a population of 302,971 as of the 2020 census. The city anchors the Pittsburgh metropolitan area of Western Pennsylvania; its population of 2.37 million is the largest in both the Ohio Valley and Appalachia, the second-largest in Pennsylvania, and the 27th-largest in the U.S. It is the principal city of the greater Pittsburgh–New Castle–Weirton combined statistical area that extends into Ohio and West Virginia. Pittsburgh is located in southwest Pennsylvania at the confluence of the Allegheny River and the Monongahela River, which combine to form the Ohio River. Pittsburgh is known both as "the Steel City" for its more than 300 steel-related businesses and as the ...
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Management Buyout
A management buyout (MBO) is a form of acquisition in which a company's existing managers acquire a large part, or all, of the company, whether from a parent company or individual. Management-, and/or leveraged buyout became noted phenomena of 1980s business economics. These so-called MBOs originated in the US, spreading first to the UK and then throughout the rest of Europe. The venture capital industry has played a crucial role in the development of buyouts in Europe, especially in smaller deals in the UK, the Netherlands, and France. Overview Management buyouts are similar in all major legal aspects to any other acquisition of a company. The particular nature of the MBO lies in the position of the buyers as managers of the company and the practical consequences that follow from that. In particular, the due diligence process is likely to be limited as the buyers already have full knowledge of the company available to them. The seller is also unlikely to give any but the m ...
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The New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid digital media, digital subscribers. It also is a producer of popular podcasts such as ''The Daily (podcast), The Daily''. Founded in 1851 by Henry Jarvis Raymond and George Jones (publisher), George Jones, it was initially published by Raymond, Jones & Company. The ''Times'' has won List of Pulitzer Prizes awarded to The New York Times, 132 Pulitzer Prizes, the most of any newspaper, and has long been regarded as a national "newspaper of record". For print it is ranked List of newspapers by circulation, 18th in the world by circulation and List of newspapers in the United States, 3rd in the U.S. The paper is owned by the New York Times Company, which is Public company, publicly traded. It has been governed by the Sulzberger family since 189 ...
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1931 Births
Events January * January 2 – South Dakota native Ernest Lawrence invents the cyclotron, used to accelerate particles to study nuclear physics. * January 4 – German pilot Elly Beinhorn begins her flight to Africa. * January 22 – Sir Isaac Isaacs is sworn in as the first Australian-born Governor-General of Australia. * January 25 – Mohandas Gandhi is again released from imprisonment in India. * January 27 – Pierre Laval forms a government in France. February * February 4 – Soviet leader Joseph Stalin gives a speech calling for rapid industrialization, arguing that only strong industrialized countries will win wars, while "weak" nations are "beaten". Stalin states: "We are fifty or a hundred years behind the advanced countries. We must make good this distance in ten years. Either we do it, or they will crush us." The first five-year plan in the Soviet Union is intensified, for the industrialization and collectivization of agriculture. * February 10 †...
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Possibly Living People
Possibility is the condition or fact of being possible. Latin origins of the word hint at ability. Possibility may refer to: * Probability, the measure of the likelihood that an event will occur * Epistemic possibility, a topic in philosophy and modal logic * Possibility theory, a mathematical theory for dealing with certain types of uncertainty and is an alternative to probability theory * Subjunctive possibility, (also called alethic possibility) is a form of modality studied in modal logic. ** Logical possibility, a proposition that will depend on the system of logic being considered, rather than on the violation of any single rule * Possible world, a complete and consistent way the world is or could have been Other * Possible (Italy), a political party in Italy *Possible Peru, a political party in Peru * Possible Peru Alliance, an electoral alliance in Peru Entertainment *''Kim Possible ''Kim Possible'' is an American animated Action comedy TV series, action co ...
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