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Daimler Truck
Daimler Truck AG (holding company legal name Daimler Truck Holding AG) is one of the world's largest commercial vehicle manufacturers, with over 35 main locations worldwide and approximately 100,000 employees. Daimler Truck AG is headquartered in Leinfelden-Echterdingen, Germany. It was part of Daimler AG from November 2019 to December 2021. History Daimler Truck was established in 2019 as a subsidiary of Daimler AG. In February 2021, Daimler said it planned to spin off Daimler Truck into a separate listed company. The spin-off was approved by its shareholders on 1 October 2021. Following this, Daimler Truck Holding AG was incorporated to manage assets owned by Daimler Truck AG, and Daimler AG retained 35% of shares in a new company, with 5% being transferred to its pension trust. A separate website of Daimler Truck company was launched on 1 December, and the company went public on 10 December. Brands * Mercedes-Benz: light, medium and heavy trucks, buses * Freightliner: med ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Thomas Built Buses
Thomas Built Buses, Inc. (commonly known as Thomas) is an American bus manufacturer. Best known for its production of yellow school buses, Thomas produces other bus designs for a variety of usages. Currently, its production is concentrated on school buses and activity buses, along with their commercial derivatives. Founded in 1916 as Perley A. Thomas Car Works, the company was renamed in 1972 to better represent its primary product lines. Headquartered since 1916 in High Point, North Carolina, Thomas has been a subsidiary of Daimler Trucks North America (the parent company of Freightliner) since 1998. Prior to its acquisition, the company was operated by the Perley A. Thomas family, the final major school bus manufacturer operated under family control. Since 1936, Thomas has produced school buses in High Point, North Carolina. In addition to bus bodies, the company also produces vehicle chassis for its Saf-T-Liner/Transit Liner EFX and HDX buses. History Foundation The ol ...
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