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Summa Corporation
Summa Corporation was a holding company for the business interests of Howard Hughes after he sold the tool division of Hughes Tool Company in 1972. Its holdings included casino hotels, aviation businesses, and television channels. After Hughes's death in 1976, most of the company's assets were sold off, and it focused on developing the master-planned community of Summerlin, Nevada. Summa was renamed as The Howard Hughes Corporation in 1994. It was acquired by The Rouse Company in 1996. Properties This holding company contained Hughes' varied investments including: * KLAS-TV - the Las Vegas CBS affiliate, reportedly purchased because Hughes was dismayed that the station never played his favorite late night movies. * Hughes Airwest - a regional airline * Hughes Sports Network * Hughes Helicopters - a former division of Hughes Aircraft Company retained by Summa when the remainder of the aircraft business was donated to the Howard Hughes Medical Institute as its endowment * Sand ...
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The Rouse Company
The Rouse Company, founded by Hunter Moss and James W. Rouse in 1939, was a publicly held shopping mall and community developer from 1956 until 2004, when General Growth Properties (GGP) purchased the company. Beginnings - Moss-Rouse Company The Moss-Rouse Company was founded as a FHA mortgage company with a loan from Hunter Moss's sister. Rouse leveraged his knowledge as loan guarantee specialist at the Federal Housing Administration to establish a Baltimore-based mortgage company specializing in FHA backed loans. Moss-Rouse hired a World War Two Navy friend, Churchill G. Carey from Connecticut General, who in turn provided capital for future projects. Carey would hold positions ranging from president to CEO of the mortgage company subsidiary. In 1952-1953 the company built one of the first modern architecture office buildings on Saratoga Street in Baltimore, while also dropping its commercial lending business line. Jim Rouse hired his brother, Willard Rouse II, in 1952, and pa ...
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Silver Slipper Casino (Las Vegas)
The Silver Slipper was a casino in Paradise, Nevada, that operated from September 1950 to November 29, 1988. The building was designed by architect Martin Stern, Jr. History Opened in 1950, the casino was built on the grounds of the Last Frontier Village of the Hotel Last Frontier, and was originally named the Golden Slipper Saloon and Gambling Hall. The owner originally wanted to call it the Silver Slipper, but there already was an existing establishment with that name. The problem was solved when that small operation was purchased and closed, and the Golden Slipper became the Silver Slipper. The casino was known for its rotating slipper that sat atop the casino. In April 1964, the casino became the first in Nevada to be shut down on cheating charges. Agents raided the Silver Slipper for using "flat" dice and for having other rigged games. On April 30, 1968, the Silver Slipper was purchased by businessman Howard Hughes for $5.4 million in his famous spending spree of buying ...
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Manufacturing Companies Established In 1972
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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Holding Companies Established In 1972
Holding may refer to: * Holding an object with the hands, or grasping * Holding (law), the central determination in a judicial opinion * Holding (aeronautics), a manoeuvre in aviation * Holding (surname) * Holding company, a company that owns stock in other companies * Holding (American football), a common penalty in American football * '' The Miroslav Holding Co.'', 2001 Croatian film also released as ''Holding'' * "Holding", an episode of the American animated television series '' Beavis and Butt-Head'' * ''Holding'' (TV series), a 2022 TV series See also * * * Smallholding * Hold (other) * The Holding (other) * " Holdin'," a song by Diamond Rio * Hoarding * Possession (law) In law, possession is the control a person intentionally exercises toward a thing. Like ownership, the possession of anything is commonly regulated by country under property law. In all cases, to possess something, a person must have an inten ...
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American Companies Established In 1972
American(s) may refer to: * American, something of, from, or related to the United States of America, commonly known as the "United States" or "America" ** Americans, citizens and nationals of the United States of America ** American ancestry, people who self-identify their ancestry as "American" ** American English, the set of varieties of the English language native to the United States ** Native Americans in the United States, indigenous peoples of the United States * American, something of, from, or related to the Americas, also known as "America" ** Indigenous peoples of the Americas * American (word), for analysis and history of the meanings in various contexts Organizations * American Airlines, U.S.-based airline headquartered in Fort Worth, Texas * American Athletic Conference, an American college athletic conference * American Recordings (record label), a record label previously known as Def American * American University, in Washington, D.C. Sports teams Soccer * B ...
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Holding Companies Of The United States
Holding may refer to: * Holding an object with the hands, or grasping * Holding (law), the central determination in a judicial opinion * Holding (aeronautics), a manoeuvre in aviation * Holding (surname) * Holding company, a company that owns stock in other companies * Holding (American football), a common penalty in American football * ''The Miroslav Holding Co.'', 2001 Croatian film also released as ''Holding'' * "Holding", an episode of the American animated television series ''Beavis and Butt-Head'' * ''Holding'' (TV series), a 2022 TV series See also * * * Smallholding * Hold (other) * The Holding (other) * "Holdin'," a song by Diamond Rio * Hoarding * Possession (law) In law, possession is the control a person intentionally exercises toward a thing. Like ownership, the possession of anything is commonly regulated by country under property law. In all cases, to possess something, a person must have an inten ...
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The Howard Hughes Corporation
The Howard Hughes Corporation is a real estate development and management company based in The Woodlands, Texas. It was formed in 2010 as a spin-off from General Growth Properties (GGP). Most of its holdings are focused on several master-planned communities. It takes its name from the original Howard Hughes Corporation, which had developed the planned community of Summerlin, Nevada, and later became a subsidiary of GGP. History General Growth Properties filed for Chapter 11 bankruptcy protection in 2009. The company proposed a reorganization plan that included spinning off a new company named General Growth Opportunities, which would include those properties that had long-term development potential but little or no income. The name of the proposed spin-off was later changed to The Howard Hughes Corporation (HHC). The spin-off of HHC to GGP's shareholders was completed on November 9, 2010, when GGP exited bankruptcy. The new company held a portfolio that included GGP's master pla ...
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General Growth Properties
GGP Inc. (an initialism of General Growth Properties) was an American commercial real estate company and the second-largest shopping mall operator in the United States. It was founded by brothers Martin, Matthew and Maurice Bucksbaum in Cedar Rapids, Iowa in 1954, and was headquartered in Chicago, Illinois from 2000. It was subject to the largest real estate bankruptcy in American history at the time of its filing in 2009. GGP was acquired by Brookfield Property Partners, and management of its portfolio was transferred to Brookfield Properties, in 2018. Its portfolio included 125 properties comprising approximately in 40 U.S. states at the time of its acquisition, ranking behind only Simon Property Group in total square footage. History 20th century General Growth was founded in Iowa by three brothers, Martin, Matthew and Maurice Bucksbaum, in 1954 as General Management. That year, they borrowed $1.2 million to develop their first shopping center, Town & Country Shopping ...
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Rouse Company
The Rouse Company, founded by Hunter Moss and James W. Rouse in 1939, was a publicly held shopping mall and community developer from 1956 until 2004, when General Growth Properties (GGP) purchased the company. Beginnings - Moss-Rouse Company The Moss-Rouse Company was founded as a FHA mortgage company with a loan from Hunter Moss's sister. Rouse leveraged his knowledge as loan guarantee specialist at the Federal Housing Administration to establish a Baltimore-based mortgage company specializing in FHA backed loans. Moss-Rouse hired a World War Two Navy friend, Churchill G. Carey from Connecticut General, who in turn provided capital for future projects. Carey would hold positions ranging from president to CEO of the mortgage company subsidiary. In 1952-1953 the company built one of the first modern architecture office buildings on Saratoga Street in Baltimore, while also dropping its commercial lending business line. Jim Rouse hired his brother, Willard Rouse II, in 1952, and pa ...
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Girard B
Girard may refer to: Places in the United States *Girard, Alabama *Girard, Georgia *Girard, Illinois *Girard, Kansas * Girard, Michigan * Girard, Minnesota *Girard, Ohio *Girard, Pennsylvania * Girard, Texas * Girard, West Virginia *Girard Township, Macoupin County, Illinois *Girard Township, Michigan * Girard Township, Minnesota *Girard Township, Erie County, Pennsylvania *Girard Township, Clearfield County, Pennsylvania * Girard Avenue, a street in Philadelphia, Pennsylvania, served by two SEPTA stations: **Girard station (Broad Street Line), a subway station on serving the Broad Street Line **Girard station (SEPTA Market-Frankford Line), a rapid transit station on Market-Frankford Line **SEPTA Route 15, a trolley line also known as the Girard Avenue Line *Woodland Hills, Los Angeles, California, was known as Girard until 1941 People with the given name * Girard I of Roussillon (died 1113), count of Roussillon * Girard II of Roussillon (died 1172), count of Roussillon * Gerard la ...
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McDonnell Douglas
McDonnell Douglas was a major American aerospace manufacturing corporation and defense contractor, formed by the merger of McDonnell Aircraft and the Douglas Aircraft Company in 1967. Between then and its own merger with Boeing in 1997, it produced well-known commercial and military aircraft, such as the DC-10 airliner, the F-15 Eagle air superiority fighter, the MD-80 airliner, and the F/A-18 Hornet multirole fighter. The corporation's headquarters were at St. Louis Lambert International Airport, near St. Louis, Missouri; its subsidiary, McDonnell Douglas Technical Services Company (MDTSC), was based elsewhere in St. Louis County, Missouri. At its peak in mid-1990, McDonnell Douglas employed 132,500 people. By the end of 1992, employment had dropped to approximately 87,400. History Background The company was formed from the firms of James Smith McDonnell and Donald Wills Douglas in 1967. Both men were of Scottish ancestry, were graduates of the Massachusetts Institute of ...
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Republic Airlines (1979–1986)
Republic Airlines was an American airline formed by the merger of North Central Airlines and Southern Airways on July 1, 1979. Their headquarters were at Minneapolis-St. Paul International Airport, in what is now Fort Snelling, Minnesota, Fort Snelling in unincorporated area, unincorporated Hennepin County, Minnesota. The former headquarters is now Delta Air Lines Building C.Niemela, Jennifer.Delta reaches deal on Minnesota jobs" ''Minneapolis / St. Paul Business Journal''. Tuesday December 16, 2008. Retrieved on January 19, 2012. Republic was acquired by and merged into Northwest Airlines in 1986. History Republic Airlines began in 1979 with the merger of North Central Airlines and Southern Airways, the first such merger following the federal Airline Deregulation Act. The new airline's headquarters were at Minneapolis-Saint Paul International Airport, though their largest hub was at Detroit Metropolitan Wayne County Airport. Following their buyout of Hughes Airwest in 1980, R ...
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