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Scott Lithgow
Scott Lithgow, Limited was a Scottish shipbuilding company. History The Company was formed in 1967 by the merger of Scotts Shipbuilding and Engineering Company and Lithgows. Scott Lithgow was based in Port Glasgow and Greenock on the lower Clyde in Scotland. Scott Lithgow was nationalised and subsumed into British Shipbuilders in 1977. Reorganisation of Scott Lithgow in 1981 saw all the assets of its subsidiary companies transferred under the direct operational control of Scott Lithgow. From 1980, the company became the centre of British Shipbuilders’ Offshore Division and it was hoped that the offshore semi-submersible market would lead the yard back to profitability. However the ''Ocean Alliance'' semi-submersible construction was a disastrous contract for the company, with the rig eventually delivered four years late and at a loss of over £200 million.Scott Lithgow: Déjà vu all over again! The Rise and Fall of a Shipbuilding Company, Lewis Johnman and Hugh Murphy, Researc ... [...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] |