Sunbeam Products, Inc.
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Sunbeam Products, Inc.
Sunbeam Products is an American brand that has produced electric home appliances since 1910. Its products have included the Mixmaster mixer, the Sunbeam CG waffle iron, Coffeemaster (1938–1964) and the fully automatic T20 toaster. The company has endured a long history of struggles, including, in 2001, when it filed for bankruptcy and was also found to have committed massive accounting fraud, for which it was subject to SEC investigation. In 2002, Sunbeam emerged from bankruptcy as American Household, Inc.(AHI). Sunbeam was owned by Jarden Consumer Solutions after Jarden's acquisition in 2004, which was itself later purchased by Newell Rubbermaid (now Newell Brands). History Early history In 1897 John K. Stewart and Thomas J. Clark incorporated their Chicago Flexible Shaft Company, which made horse trimming and sheep shearing machinery. In 1910 the company produced its first ''Sunbeam'' branded household appliance, the Princess Electric Iron (with an option to buy a fir ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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Newell Rubbermaid
Newell Brands is an American manufacturer, marketer and distributor of consumer and commercial products. The company's brands and products include Rubbermaid storage and trash containers; home organization and reusable container products; Contigo and Bubba water bottles; Coleman outdoor products; writing instruments (Berol, Expo Markers, PaperMate, Dymo, Mr. Sketch, Parker Pens, Sharpie, Reynolds, Prismacolor, Rotring, X-acto, Waterman) glue ( Elmer's, Krazy Glue); children's products (Aprica, NUK, Tigex, Babysun, Baby Jogger and Graco); First Alert alarm systems, cookware and small kitchen appliances (Calphalon, Sunbeam, Rival, Crock-Pot; Holmes, FoodSaver, Oster, Osterizer, and Mr. Coffee) and fragrance products (Yankee Candle, Chesapeake Bay Candle, Millefiori Milano, and WoodWick). The company's global headquarters was in Atlanta until tax incentives lured it to New Jersey in 2016. Three years later, in 2019, the company announced plans to relocate its headquarters b ...
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Japonica Partners
Japonica Partners & Co. is an American multinational private equity firm headquartered in New York, New York, United States. The company specializes in underperforming global asset classes and undervalued investment positions. The firm's public investments includes the largest tender-hold for Greek Government Bonds in the world valued at €4 billion (approximately $4.2 billion in U.S. dollars). The firm also holds shares in and has reorganized multiple companies such as Allegheny International ($690 million), Sunbeam-Oster ($1.5 billion), CNW Corporation ($1.6 billion), and Borden ($2.4 billion). The company is known for its control and leadership by Paul B. Kazarian, who is the company's managing director and chief executive officer. History The firm was founded in 1988 in Providence, Rhode Island by former Goldman Sachs investment banker, Paul B. Kazarian. A year later the company began its first bid for a corporation, Chicago and North Western Transportation Compan ...
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Chapter 11 Bankruptcy
Chapter 11 of the United States Bankruptcy Code (Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities. In contrast, Chapter 7 governs the process of a liquidation bankruptcy, though liquidation may also occur under Chapter 11; while Chapter 13 provides a reorganization process for the majority of private individuals. Chapter 11 overview When a business is unable to service its debt or pay its creditors, the business or its creditors can file with a federal bankruptcy court for protection under either Chapter 7 or Chapter 11. In Chapter 7, the business ceases operations, a trustee sells all of its assets, and then distributes the proceeds to its creditors. Any residual amount is returned to t ...
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EQT Plaza
EQT Plaza, formerly known as the CNG Tower and later the Dominion Tower, is a major and distinctive skyscraper in Downtown Pittsburgh, Pennsylvania. The structure was built for Consolidated Natural Gas, a regional energy company. In 1999, CNG was purchased by Dominion Energy, which moved out of the building in 2007. During the summer of 2009, EQT Corporation moved its corporate headquarters and several business units from the 6-story building EQT had built and moved into in 2005, just across the Allegheny River in the North Shore neighborhood of the city. History The skyscraper was originally designed to be the global headquarters of Allegheny International-better known by its retail branding name of Sunbeam. At the time of construction Sunbeam was the world's largest maker of small appliances. Allegheny International's Realty Development Corporation (AIRDC) secured a low-interest Urban Development Action loan from the URA for $8.5 million which the Cultural Trust collected pay ...
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Downtown Pittsburgh
Downtown Pittsburgh, colloquially referred to as the Golden Triangle, and officially the Central Business District, is the urban downtown center of Pittsburgh. It is located at the confluence of the Allegheny River and the Monongahela River whose joining forms the Ohio River. The triangle is bounded by the two rivers. The area features offices for major corporations such as PNC Bank, U.S. Steel, PPG, Bank of New York Mellon, Heinz, Federated Investors, and Alcoa. It is where the fortunes of such industrial barons as Andrew Carnegie, Henry Clay Frick, Henry J. Heinz, Andrew Mellon and George Westinghouse were made. It contains the site where the French fort, Fort Duquesne, once stood. Location The Central Business District is bounded by the Monongahela River to the south, the Allegheny River to the north, and I-579 (Crosstown Boulevard) to the east. An expanded definition of Downtown may include the adjacent neighborhoods of Uptown/The Bluff, the Strip District, the Nor ...
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Pittsburgh
Pittsburgh ( ) is a city in the Commonwealth (U.S. state), Commonwealth of Pennsylvania, United States, and the county seat of Allegheny County, Pennsylvania, Allegheny County. It is the most populous city in both Allegheny County and Western Pennsylvania, the List of municipalities in Pennsylvania#Municipalities, second-most populous city in Pennsylvania behind Philadelphia, and the List of United States cities by population, 68th-largest city in the U.S. with a population of 302,971 as of the 2020 United States census, 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 Pennsylvania metropolitan areas, second-largest in Pennsylvania, and the List of metropolitan statistical areas, 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. Pitts ...
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Chicago
(''City in a Garden''); I Will , image_map = , map_caption = Interactive Map of Chicago , coordinates = , coordinates_footnotes = , subdivision_type = Country , subdivision_name = United States , subdivision_type1 = State , subdivision_type2 = Counties , subdivision_name1 = Illinois , subdivision_name2 = Cook and DuPage , established_title = Settled , established_date = , established_title2 = Incorporated (city) , established_date2 = , founder = Jean Baptiste Point du Sable , government_type = Mayor–council , governing_body = Chicago City Council , leader_title = Mayor , leader_name = Lori Lightfoot ( D) , leader_title1 = City Clerk , leader_name1 = Anna Valencia ( D) , unit_pref = Imperial , area_footnotes = , area_tot ...
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Mixmaster Universe
Mixmaster may refer to: Equipment and technology * Sunbeam Mixmaster, an electric kitchen mixer that was the flagship product of Sunbeam Products ** Mix Diskerud, United States professional soccer player nicknamed after the mixer * Mixmaster anonymous remailer, a Type II anonymous remailer network software * Douglas XB-42 Mixmaster, a prototype American bomber * A nickname for the Cessna Skymaster airplane Music * Mixmaster Morris or Morris Gould (born 1965), English ambient DJ and underground musician * Mix Master Mike (born 1970), American turntablist and contributing member of the Beastie Boys * Mixmaster Spade, an early gangsta rap performer in West Coast hip hop * Mixmaster Gee, an artist featured on 1987 album '' Street Sounds Crucial Electro 3'' * Alternate name of Black Box (band), an italo-house musical act Other uses * Mixmaster (Transformers), a Constructicon * Mixmaster universe, a cosmological model proposed by Charles W. Misner * Mixmaster dynamics, the sensit ...
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Robert Davol Budlong
Robert Davol Budlong (1902–1955) was an American industrial designer from Denver, Colorado. He studied art at Cummings School of Art in Des Moines, Iowa and graduated from Grinnell College, Iowa in 1921. This was followed by further study at the Chicago Academy of Fine Arts. He started his design career in 1933, with the Hammond Clock Company and, in 1934–1935, became a design consultant with Zenith Radio. This involvement with Zenith was to last until his death. He designed many of Zenith's pre-war portable radios, and virtually their entire "Trans-Oceanic" line. His other radio designs included a "universal portable" AC/DC radio with batteries (1940), the "Poket" radio in 1941, and the "Transoceanic Clipper" in 1942. Although Zenith wanted him to work full-time as an employee, and head an in-house industrial design group, Budlong wished to remain independent to retain other clients. However, he did relocate his offices to the Zenith building on 333 Michigan Avenue, Chicago, ...
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Sunbeam Mixmaster
A sunbeam, in meteorological optics, is a lightbeam, beam of sunlight that appears to radiate from the position of the Sun. Shining through openings in clouds or between other objects such as mountains and buildings, these beams of light scattering by particles, particle-scattered sunlight are essentially parallel (geometry), parallel shafts separated by darker shadowed volumes. Their apparent convergence in the sky is a visual illusion from linear perspective. The same illusion causes the apparent convergence of parallel lines on a long straight road or hallway at a distant vanishing point. The scattering particles that make sunlight visible may be air molecules or particulates. Crepuscular rays ''Crepuscular rays'' or ''god rays'' are sunbeams that originate when the sun is just below the horizon, during twilight hours. Crepuscular rays are noticeable when the contrast between light and dark is most obvious. Crepuscular comes from the Latin word "crepusculum", meaning twili ...
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Sweden
Sweden, formally the Kingdom of Sweden,The United Nations Group of Experts on Geographical Names states that the country's formal name is the Kingdom of SwedenUNGEGN World Geographical Names, Sweden./ref> is a Nordic country located on the Scandinavian Peninsula in Northern Europe. It borders Norway to the west and north, Finland to the east, and is connected to Denmark in the southwest by a bridgetunnel across the Öresund. At , Sweden is the largest Nordic country, the third-largest country in the European Union, and the fifth-largest country in Europe. The capital and largest city is Stockholm. Sweden has a total population of 10.5 million, and a low population density of , with around 87% of Swedes residing in urban areas in the central and southern half of the country. Sweden has a nature dominated by forests and a large amount of lakes, including some of the largest in Europe. Many long rivers run from the Scandes range through the landscape, primarily ...
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