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Steinway And Sons
Steinway & Sons, also known as Steinway (), is a German-American piano company, founded in 1853 in Manhattan by German piano builder Heinrich Engelhard Steinweg (later known as Henry E. Steinway). The company's growth led to the opening of a factory in New York City, United States, and later a factory in Hamburg, Germany. The factory in the Queens borough of New York City supplies the Americas, and the factory in Hamburg supplies the rest of the world. Steinway is a prominent piano company, known for making pianos of high quality and for inventions within the area of piano development. Steinway has been granted 139 patents in piano making, with the first in 1857. The company's share of the high-end grand piano market consistently exceeds 80 percent. The dominant position has been criticized, with some musicians and writers arguing that it has blocked innovation and led to a homogenization of the sound favored by pianists. Steinway pianos have received numerous awards. On ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privately Held 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] |
