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Scott Fetzer Company
The Scott Fetzer Company, a subsidiary of Berkshire Hathaway, is an American diversified manufacturer and marketer of products for the home, family, and industry comprising 33 brands, headquartered in Westlake, Ohio. The company was founded by George H. Scott and Carl S. Fetzer in 1914 as a machine shop under the name George H. Scott Machine Co.; the name changed to Scott & Fetzer Machine Co. in 1917 and again in 1919 to Scott & Fetzer Co. In early 1986, Berkshire Hathaway acquired the company for about $400 million. Through its various brands, the company offers home cleaning systems, air compressors, paint sprayers, generators, pressure washers, educational products, electric motors, commercial truck and forestry equipment, cleaning products, patient monitoring equipment, and knives. History The Scott Fetzer Company was founded in Cleveland, Ohio by George H. Scott and Carl S. Fetzer. It began in a small machine shop as the George H. Scott Machine Co. in 1914. It incorporat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Campbell Hausfeld
Campbell Hausfeld is a manufacturer of consumer, industrial, and commercial grade, low priced air compressors and related products, based in Harrison, Ohio. It is a major subsidiary of the Marmon Group which in turn is part of Berkshire Hathaway.The Warren Buffett CEO: Secrets from the Berkshire Hathaway Managers Author Robert P. Miles , John Wiley and Sons, 2003 432 pages p.276 It is one of the oldest companies in Ohio. History The company was founded in 1836 and manufactured |
Conglomerate Companies Established In 1914
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Conglomerate or conglomeration may refer to: * Conglomerate (company) * Conglomerate (geology) * Conglomerate (mathematics) In popular culture: * The Conglomerate (American group), a production crew and musical group founded by Busta Rhymes ** Conglomerate (record label), a hip hop label founded by Busta Rhymes * The Conglomerate (Australian group), a jazz quartet See also * Conglomerate Ridge, in the Ellsworth Mountains, Antarctica * ConGlomeration (convention) ConGlomeration was an annual multigenre convention held in or around Louisville, Kentucky between 2001 and 2019. ConGlomeration was an all-volunteer non-profit organization which, as part of its convention programming, conducted charitable acti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Cleveland
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mayfield Heights, Ohio
Mayfield Heights is a city in Cuyahoga County, Ohio, United States, and is an east-side suburb of Cleveland. The population was 18,827 at the 2010 census. History Mayfield Heights was initially built up as a streetcar suburb of Cleveland. It was incorporated as a village in 1925 and as a city in 1951. The city derives its name from Mayfield Township, now defunct. One location in the city, the W.A. Thorp House, was listed on the National Register of Historic Places in 1978. The city has a large community of Italian Americans, including newly-arrived immigrants and those who migrated eastward along Mayfield Road from Little Italy on Cleveland's East Side. Since the dissolution of the USSR in 1991, they have been joined by a significant number of immigrants from Russia and other former Soviet republics. Geography Mayfield Heights is located at . According to the United States Census Bureau, the city has a total area of , of which is land and is water. Demographics 23.9% w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ginsu
Ginsu () is a brand of direct marketed knives, owned by Scott Fetzer Company, a Berkshire Hathaway Company, that was made popular in the United States by being sold on television using infomercials characterized by hawker and hard sell pitch techniques. The ads fueled sales of between two and three million Ginsu sets between 1978 and 1984. History Ginsu knives were originally called ''Quikut''. The Quikut division of Scott Fetzer Company was located in Fremont, Ohio. Because the brand name "Quikut" lacked panache, Ed Valenti, Barry Becher, and copywriter Arthur Schiff created a new brand name that alluded to the exceptional sharpness and durability of a Japanese sword. As Valenti told the ''Palm Beach Post'' in 2011, "The challenge was to position the product so that it made every other knife you owned obsolete." The resulting Ginsu ads copied the hard sell direct marketing techniques of carnival hawkers that pioneering TV pitchman Ron Popeil had adapted to the medium in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Marmon Group
Marmon Group is an American industrial holding company headquartered in Chicago, Illinois; founded by Jay Pritzker and Robert Pritzker in 1953 (as Colson Corporation), it has been held by the Berkshire Hathaway group since 2013. It owns companies that produce transportation equipment, electrical components and other industrial components, and companies that provide services in the construction and retail sectors. Tank car manufacturing is a significant part of its business, products which are sold through its subsidiaries Union Tank Car Company in the United States and Procor in Canada. Berkshire Hathaway, which owns the largest freight railroad carrier in North America, BNSF Railway, acquired controlling interest in Marmon in 2007 and became sole owner six years later. Origin and history In 1953, Jay Pritzker and Robert Pritzker acquired Colson Corporation, a struggling manufacturer of casters, bicycles, navy rockets, and wheelchairs with sales of $3 million. The name of the comp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fairview, Tennessee
Fairview is a city located in Williamson County, Tennessee. It is part of the Nashville metropolitan area. The population was 9,357 at the 2020 census, . In the communities just outside Fairview, there are an additional 4,100 people, for a total of over 13,457 people living within the Fairview area. History Fairview was incorporated on July 28, 1959, under the Uniform City Manager-Commission Charter as set out in the Tennessee Code Annotated. Fairview city limits are located about southwest from the Nashville-Davidson County line and has two interstates passing through it (I-40 & I-840). With an average elevation of above sea level, Fairview is about higher than Nashville and surrounding suburbs, which gives Fairview the advantage of being less flood prone. It is home to Bowie Nature Park which, at approximately , is one of the largest city-managed parks in the state of Tennessee. As a comparison, New York's Central Park is . Fairview has two Elementary Schools, Fairview, a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nebraska
Nebraska () is a state in the Midwestern region of the United States. It is bordered by South Dakota to the north; Iowa to the east and Missouri to the southeast, both across the Missouri River; Kansas to the south; Colorado to the southwest; and Wyoming to the west. It is the only triply landlocked U.S. state. Indigenous peoples, including Omaha, Missouria, Ponca, Pawnee, Otoe, and various branches of the Lakota ( Sioux) tribes, lived in the region for thousands of years before European exploration. The state is crossed by many historic trails, including that of the Lewis and Clark Expedition. Nebraska's area is just over with a population of over 1.9 million. Its capital is Lincoln, and its largest city is Omaha, which is on the Missouri River. Nebraska was admitted into the United States in 1867, two years after the end of the American Civil War. The Nebraska Legislature is unlike any other American legislature in that it is unicameral, and its members are elected ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Omaha
Omaha ( ) is the largest city in the U.S. state of Nebraska and the county seat of Douglas County. Omaha is in the Midwestern United States on the Missouri River, about north of the mouth of the Platte River. The nation's 39th-largest city, Omaha's 2020 census population was 486,051. Omaha is the anchor of the eight-county, bi-state Omaha-Council Bluffs metropolitan area. The Omaha Metropolitan Area is the 58th-largest in the United States, with a population of 967,604. The Omaha-Council Bluffs-Fremont, NE-IA Combined Statistical Area (CSA) totaled 1,004,771, according to 2020 estimates. Approximately 1.5 million people reside within the Greater Omaha area, within a radius of Downtown Omaha. It is ranked as a global city by the Globalization and World Cities Research Network, which in 2020 gave it "sufficiency" status. Omaha's pioneer period began in 1854, when the city was founded by speculators from neighboring Council Bluffs, Iowa. The city was founded along the Mi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Holding Company
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies to form a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders, and can permit the ownership and control of a number of different companies. ''The New York Times'' also refers to the term as ''parent holding company.'' Holding companies are also created to hold assets such as intellectual property or trade secrets, that are protected from the operating company. That creates a smaller risk when it comes to Lawsuit, litigation. In the United States, 80% of stock, in voting and value, must be owned before tax consolidation benefits s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Conglomerate (company)
A conglomerate () is a multi-industry company – i.e., a combination of multiple business entities operating in entirely different industries under one corporate group, usually involving a parent company and many subsidiaries. Conglomerates are often large and multinational. United States The conglomerate fad of the 1960s During the 1960s, the United States was caught up in a "conglomerate fad" which turned out to be a form of speculative mania. Due to a combination of low interest rates and a repeating bear-bull market, conglomerates were able to buy smaller companies in leveraged buyouts (sometimes at temporarily deflated values). Famous examples from the 1960s include Ling-Temco-Vought,. ITT Corporation, Litton Industries, Textron, and Teledyne. The trick was to look for acquisition targets with solid earnings and much lower price–earnings ratios than the acquirer. The conglomerate would make a tender offer to the target's shareholders at a princely premium to the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
