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Royal McBee Corporation
The Royal Typewriter Company is a manufacturer of typewriters founded in January 1904. It was headquartered in New York City with its factory in Hartford, Connecticut. History The Royal Typewriter Company was founded by Edward B. Hess and Lewis C. Myers in January 1904 in a machine shop in Brooklyn, New York. The next year, Hess and Myers turned to Thomas Fortune Ryan, to whom they demonstrated a prototype typewriter. Their machine had numerous innovations including a friction-free, ball-bearing, one-track rail to support the weight of the carriage, a new paper feed, a lighter and faster typebar action, and complete visibility of the words as they are typed. Ryan put up $220,000 in exchange for financial control. In March 1906 the first Royal typewriter, the Royal Standard, was sold. The Royal Standard was set apart from its competition by its 'flatbed' design. With demand increasing, Royal purchased 5ΒΌ acres in Hartford, Connecticut, as the new site for its manufacturing faci ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
