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Varity
Varity was a Canadian multinational manufacturing company, created in 1986 from the remains of Massey Ferguson Limited (MF) of Toronto, Ontario, Canada. Varity also owned Perkins Engines, headquartered in Peterborough, England, and Kelsey-Hayes, headquartered in Romulus, Michigan, as well as subsidiaries in many countries. After a period of corporate losses left MF insolvent, Varity was formed to detach the ownership of insolvent Massey Ferguson from its liabilities, including pension plans, and enable the Massey Ferguson brand and several subsidiaries to continue as working entities. By the year 2000, Varity itself was defunct, having successfully sold off its divisions. Decline of Massey Ferguson In the 1970s, Massey Ferguson, based in a large Toronto complex dating from the 1850s, was one of few Canadian multinational companies, profitable on sales on over annually. It had started a program of investments in industries other than farm implements, and outside of North America ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
LucasVarity
LucasVarity plc was a UK automotive parts manufacturer, created by a merger of the British Lucas Industries plc, and the North American Varity Corporation in August 1996. History LucasVarity traces its history back to the historic Canadian farm equipment maker Massey Ferguson (1891 as Massey Harris, 1847 as Newcastle Foundry and Machine Manufactory, 1870s as A. Harris Sons Co., 1920s as British based Ferguson-Brown Company) and 1860 as British metal parts manufacturer Lucas Industries. Foundation The company was formed in August 1996, by the merger between Lucas Industries plc and the North American Varity Corporation. Lucas employed 46,000 people compared with Varity's 9,000. At the time of the merger, LucasVarity announced plans for a £65 million pound savings programme. The areas streamlined included the treasury, communications and marketing departments, as well as divisional managers. "The merger created a unique opportunity to reassess the skills and competencies we ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Massey Ferguson
Massey Ferguson Limited is an American agricultural machinery manufacturer. The company was established in 1953 through the merger of farm equipment makers Massey-Harris of Canada and the Ferguson Company of the United Kingdom. It was based in Toronto, then Brantford, Ontario, Canada, until 1988. The company transferred its headquarters in 1991 to Buffalo, New York, U.S. before it was acquired by AGCO, the new owner of its former competitor Allis-Chalmers. Massey Ferguson is among several brands in a portfolio produced and marketed by American industrial agricultural equipment conglomerate AGCO and a major seller in international markets around the world. History Massey Manufacturing Co. In 1847, Daniel Massey established the Newcastle Foundry and Machine Manufactory in what is now Newcastle, Clarington, Ontario, Canada. The company made some of the world's first mechanical threshers, at first by assembling parts from the United States, but eventually designing and buildin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Massey Ferguson Limited
Massey Ferguson Limited is an American agricultural machinery manufacturer. The company was established in 1953 through the merger of farm equipment makers Massey-Harris of Canada and the Ferguson Company of the United Kingdom. It was based in Toronto, then Brantford, Ontario, Canada, until 1988. The company transferred its headquarters in 1991 to Buffalo, New York, U.S. before it was acquired by AGCO, the new owner of its former competitor Allis-Chalmers. Massey Ferguson is among several brands in a portfolio produced and marketed by American industrial agricultural equipment conglomerate AGCO and a major seller in international markets around the world. History Massey Manufacturing Co. In 1847, Daniel Massey established the Newcastle Foundry and Machine Manufactory in what is now Newcastle, Clarington, Ontario, Canada. The company made some of the world's first mechanical threshers, at first by assembling parts from the United States, but eventually designing and building ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lucas Industries Plc
Lucas Industries plc was a Birmingham-based British manufacturer of motor industry and aerospace industry components. Once prominent, it was listed on the London Stock Exchange and was formerly a constituent of the FTSE 100 Index. In August 1996, Lucas merged with the American Varity Corporation to form LucasVarity. After LucasVarity was sold to TRW the Lucas brand name was licensed for its brand equity to Elta Lighting for aftermarket auto parts in the United Kingdom. The Lucas trademark is currently owned by ZF Friedrichshafen, which retained the Elta arrangement. History Foundation In the 1850s, Joseph Lucas, a jobless father of six, sold paraffin oil from a barrow cart around the streets of Hockley. In 1860, he founded the firm that would become Lucas Industries. His 17-year-old son Harry joined the firm around 1872. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
TRW Inc
TRW Inc., was an American corporation involved in a variety of businesses, mainly aerospace, electronics, automotive, and credit reporting.http://www.fundinguniverse.com/company-histories/TRW-Inc-Company-History.html TRW Inc. It was a pioneer in multiple fields including electronic components, integrated circuits, computers, software and systems engineering. TRW built many spacecraft, including Pioneer 1, Pioneer 10, and several space-based observatories. It was #57 on the 1986 Fortune 500 list, and had 122,258 employees. The company was called Thompson Ramo Wooldridge Inc., after the 1958 merger of the Ramo-Wooldridge Corporation and Thompson Products. This was later shortened to TRW. The company was founded in 1901 and lasted for just over a century until being acquired by Northrop Grumman in 2002. It spawned a variety of corporations, including Pacific Semiconductors, The Aerospace Corporation, Bunker-Ramo and Experian. Its automotive businesses were sold off by Northrop ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Perkins Engines
Perkins Engines Company Limited, a subsidiary of Caterpillar Inc since 1998, is primarily a diesel engine manufacturer for several markets including agricultural, construction, material handling, power generation, and industrial. It was established in Peterborough, England in 1932. Over the years Perkins has expanded its engine catalogue, producing thousands of different engine specifications including diesel and petrol engines. History High-speed diesel engines F. Perkins Limited, established on 7 June 1932, was founded by Frank Perkins and Charles Wallace Chapman, in Queen Street, Peterborough, to design and manufacture high-speed diesel engines.F. PERKINS LIMITED (Incorporated under the Companies Act, 1929). ''The Times'', 23 July 1951; pg. 9; Issue 52060 Chapman was the design engineer (technical director) and company secretary and had a ten percent shareholding in the company. He continued working at F. Perkins Limited for more than a decade before re-joining the Royal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Argus Corporation
The Argus Corporation was an investment holding company based in Toronto, Ontario. During the 1960s and 1970s, it was the most powerful and best known conglomerate in Canada, at one time controlling the companies making up 10 percent of all shares traded daily on the Toronto Stock Exchange. At its height in the 1970s, it was a true conglomerate with many unrelated businesses. Among these were Dominion grocery stores, Orange Crush soft drinks, Massey Ferguson farm machinery, Domtar wood products and Carling O'Keefe breweries. The company was purchased by Conrad Black in 1978. Black and his associates sold off most of the Argus assets by 1985, and by 2005 Argus contained only one asset and was itself wholly owned by Black's Ravelston Corporation. Due to the fallout of ongoing lawsuits, Ravelston went bankrupt in 2008, and Argus disappeared. History Argus was founded as an investment holding company in 1945 by E. P. Taylor with minority partners Colonel W. Eric Phillips, Wall ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Caterpillar Inc
Caterpillar Inc. (stock symbol CAT) is an American Fortune 100, ''Fortune'' 500 corporation and the world's largest construction-equipment manufacturer. In 2018, Caterpillar was ranked number 65 on the ''Fortune'' 500 list and number 238 on the Global ''Fortune'' 500 list. Caterpillar stock is a component of the Dow Jones Industrial Average. Caterpillar Inc. traces its origins to the 1925 merger of the Holt Manufacturing Company and the C. L. Best Tractor Company, creating a new entity, California-based Caterpillar Tractor Company. In 1986, the company reorganized itself as a Delaware corporation under the current name, Caterpillar Inc. It announced in January 2017 that over the course of that year, it would relocate its headquarters from Peoria, Illinois, to Deerfield, Illinois, scrapping plans from 2015 of building an $800 million new headquarters complex in downtown Peoria. Its headquarters are located in Irving, Texas, since 2022. The company also licenses and markets a li ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Manufacturing Companies Based In Buffalo, New York
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. T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Manufacturing Companies Disestablished In 1996
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. T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
History Of Buffalo, New York
Buffalo is the county seat of Erie County, and the second most populous city in the U.S. state of New York, after New York City. Originating around 1789 as a small trading community inhabited by the Neutral Nation near the mouth of Buffalo Creek, the city, then a town, grew quickly after the opening of the Erie Canal in 1825, with the city at its western terminus. Its position at the eastern end of Lake Erie strengthened the economy, based on grain milling and steel production along the southern shores and in nearby Lackawanna. In the dawn of the 20th century, Buffalo was one of the most populous cities in the United States. It had hosted the Pan-American Exposition in 1901 and later became a center for the automotive industry. Later, the opening of the Saint Lawrence Seaway combined with the effects of suburbanization, deindustrialization, and globalization led to the decline of the city's chief industries. The city lost over half of its population from 1950 to 2010. Buffalo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Birmingham, UK
Birmingham ( ) is a city and metropolitan borough in the metropolitan county of West Midlands in England. It is the second-largest city in the United Kingdom with a population of 1.145 million in the city proper, 2.92 million in the West Midlands metropolitan county, and approximately 4.3 million in the wider metropolitan area. It is the largest UK metropolitan area outside of London. Birmingham is known as the second city of the United Kingdom. Located in the West Midlands region of England, approximately from London, Birmingham is considered to be the social, cultural, financial and commercial centre of the Midlands. Distinctively, Birmingham only has small rivers flowing through it, mainly the River Tame and its tributaries River Rea and River Cole – one of the closest main rivers is the Severn, approximately west of the city centre. Historically a market town in Warwickshire in the medieval period, Birmingham grew during the 18th century during the Midlands ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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