Federal Tire
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Federal Tire
Federal Corporation () is a Taiwan-based tire manufacturer, headquartered in Zhongli District, Taoyuan City Taiwan. Today, it operates under the name of Federal Group which includes marketing, real estate divisions, and two tire manufacturing plants: original plant in Zhongli, Taiwan and 100% owned plant in China, Jiangxi, Nanchang (acquired in 1997). The company has two major brands: Federal Tires and Hero Tires. The Federal brand is aimed at positioning on global market, and Hero is mostly targeted to the internal market of mainland China. Milestones * Federal Corporation was founded in Taiwan, Jhongli in 1954 as a rubber company, producing its first tire in 1958. Initial tire exports commenced in 1965. * Technical cooperation with Bridgestone Tire Co. Ltd. began in 1960 and lasted for almost 20 years. From 1981 to 2000, the company switched to technical cooperation with Sumitomo Rubber Industries, Ltd. (a.k.a. Dunlop Tire Japan) which has given Federal the necessary tech ...
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Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), 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 so 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 Kin ...
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