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Timken Company
The Timken Company is a global manufacturer of bearings and power transmission products. Timken operates from 42 countries. Company history In 1898, Henry Timken obtained a patent for an improved tapered roller bearing, and in 1899 incorporated as The Timken Roller Bearing Axle Company in St. Louis. In 1901, the company moved to Canton, Ohio, as the automobile industry began to overtake the carriage industry. Timken and his two sons chose this location because of its proximity to the American car manufacturing centers of Detroit and Cleveland and the American steel-making centers of Pittsburgh and Cleveland. In 1917, the company began steel- and tube-making operations in Canton to vertically integrate and maintain better control over the steel used in its bearings. World War I had created an increase in demand for steel, affecting its supply and price in the market. Timken entered international markets in the early 1900s, establishing a presence initially in Great Britai ...
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Canton, Ohio
Canton () is a city in Stark County, Ohio, United States, and its county seat. It is the List of cities in Ohio, eighth-most populous city in Ohio, with a population of 70,872 at the 2020 United States census, 2020 census. The Canton–Massillon metropolitan area, which includes all of Stark and Carroll County, Ohio, Carroll counties, had 401,574 residents. Canton is located approximately south of Cleveland and south of Akron, Ohio, Akron in Northeast Ohio on the edge of Ohio's Amish Country. Founded in 1805 alongside the Nimishillen Creek, Canton became a center of heavy industry because of its numerous railroad lines. As shifts in the manufacturing industry led to the relocation or layoff, downsizing of many factories and workers during the late 20th century, the city's industry diversified into tertiary sector of industry, the service economy, including retailing, education, finance and Health care in the United States, healthcare. Canton is best known as the home of the P ...
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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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Cleveland
Cleveland is a city in the U.S. state of Ohio and the county seat of Cuyahoga County. Located along the southern shore of Lake Erie, it is situated across the Canada–U.S. maritime border and approximately west of the Ohio-Pennsylvania state border. Cleveland is the most populous city on Lake Erie, the second-most populous city in Ohio, and the 53rd-most populous city in the U.S. with a population of 372,624 in 2020. The city anchors the Cleveland metropolitan area, the 33rd-largest in the U.S. at 2.18 million residents, as well as the larger Cleveland– Akron– Canton combined statistical area with 3.63 million residents. Cleveland was founded in 1796 near the mouth of the Cuyahoga River as part of the Connecticut Western Reserve in modern-day Northeast Ohio by General Moses Cleaveland, after whom the city was named. The city's location on the river and the lake shore allowed it to grow into a major commercial and industrial metropolis by the late 19th century, ...
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American Brands
Fortune Brands was a holding company founded in 1969 as American Brands, renamed in 1997 and split apart in 2011. The corporate headquarters was in Deerfield, Illinois, in the United States. The company had diversified product lines. It announced on December 8, 2010, that it would focus on its liquor business, and spin off or sell other parts of the company including home furnishings, hardware and golf products.Fortune Brands Announces Intent to Separate Company's Three Businesses
, ''The Wall Street Journal'', December 8, 2010.
The company sold its Titleist and FootJoy product lines to
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Bearing Manufacturers
Bearing(s) may refer to: * Bearing (angle), a term for direction * Bearing (mechanical), a component that separates moving parts and takes a load * Bridge bearing In structural engineering, a bridge bearing is a component of a bridge which typically provides a resting surface between bridge piers and the bridge deck. The purpose of a Bearing (mechanical), bearing is to allow controlled movement and thereby ..., a component separating a bridge pier and deck * Bearing BTS Station in Bangkok * ''Bearings'' (album), by Ronnie Montrose in 2000 See also * Posture (other) * Bering (other) * Baring (other) {{disambiguation ...
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1899 Establishments In Missouri
Events January * January 1 ** Spanish rule formally ends in Cuba with the cession of Spanish sovereignty to the U.S., concluding 400 years of the Spanish Empire in the Americas.''The American Monthly Review of Reviews'' (February 1899), pp. 153-157 ** In Samoa, followers of Mataafa, claimant to the rule of the island's subjects, burn the town of Upolu in an ambush of followers of other claimants, Malietoa Tanus and Tamasese, who are evacuated by the British warship HMS ''Porpoise''. ** Queens and Staten Island become administratively part of New York City. * January 2 – Theodore Roosevelt is inaugurated as Governor of New York at the age of 39. * January 3 – A treaty of alliance is signed between Russia and Afghanistan. * January 5 – **A fierce battle is fought between American troops and Filipino defenders at the town of Pililla on the island of Luzon. *The collision of a British steamer and a French steamer kills 12 people on the English Channel. * Jan ...
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Companies Based In Ohio
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duties according to the publicly declared incorporation pu ...
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Manufacturing Companies Established In 1899
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 the 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 pro ...
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Companies Listed On The New York Stock Exchange
Companies listed on the New York Stock Exchange are in the following lists, alphabetically. * Companies listed on the New York Stock Exchange (0–9) * Companies listed on the New York Stock Exchange (A) * Companies listed on the New York Stock Exchange (B) * Companies listed on the New York Stock Exchange (C) * Companies listed on the New York Stock Exchange (D) * Companies listed on the New York Stock Exchange (E) * Companies listed on the New York Stock Exchange (F) * Companies listed on the New York Stock Exchange (G) * Companies listed on the New York Stock Exchange (H) * Companies listed on the New York Stock Exchange (I) * Companies listed on the New York Stock Exchange (J) * Companies listed on the New York Stock Exchange (K) * Companies listed on the New York Stock Exchange (L) * Companies listed on the New York Stock Exchange (M) * Companies listed on the New York Stock Exchange (N) * Companies listed on the New York Stock Exchange (O) * Companies listed ...
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Torrington Company
The Torrington Company was a firm that developed in Torrington, Connecticut, originally called the Excelsior Needle Company. It was formed in 1866 around the new idea of using a "cold swaging" technique to create better sewing machine needles, as Torrington expanded, it began to produce other goods. Since WW2 they focused on producing needle bearings, until their main plants were shut down in 2006. They were bought by Ingersoll-Rand in 1968, and bought again by Timken in 2003. Ransom, David F. “National Registration of Historic Places Inventory—Nomination Form: James Alldis House”. United States Department of the Interior Heritage Conservation and Recreation Service, 16 March 1982.https://npgallery.nps.gov/pdfhost/docs/NRHP/Text/82004480.pdf History The Excelsior Needle Company was originally formed in order to exploit a new process for manufacturing needles called "cold swaging," a form of swaging in which the needles were formed with their pointed ends while the metal wa ...
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Marshall Plan
The Marshall Plan (officially the European Recovery Program, ERP) was an American initiative enacted in 1948 to provide foreign aid to Western Europe. The United States transferred $13.3 billion (equivalent to $ in ) in economic recovery programs to Western European economies after the end of World War II in Europe. Replacing an earlier proposal for a Morgenthau Plan, it operated for four years beginning on April 3, 1948, though in 1951, the Marshall Plan was largely replaced by the Mutual Security Act. The goals of the United States were to rebuild war-torn regions, remove trade barriers, modernize Manufacturing, industry, improve European prosperity and prevent the spread of communism. The Marshall Plan proposed the reduction of interstate barriers and the economic integration of the Europe, European Continent while also encouraging an increase in productivity as well as the adoption of modern business procedures. The Marshall Plan aid was divided among the participant sta ...
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World War II
World War II or the Second World War (1 September 1939 – 2 September 1945) was a World war, global conflict between two coalitions: the Allies of World War II, Allies and the Axis powers. World War II by country, Nearly all of the world's countries participated, with many nations mobilising all resources in pursuit of total war. Tanks in World War II, Tanks and Air warfare of World War II, aircraft played major roles, enabling the strategic bombing of cities and delivery of the Atomic bombings of Hiroshima and Nagasaki, first and only nuclear weapons ever used in war. World War II is the List of wars by death toll, deadliest conflict in history, causing World War II casualties, the death of 70 to 85 million people, more than half of whom were civilians. Millions died in genocides, including the Holocaust, and by massacres, starvation, and disease. After the Allied victory, Allied-occupied Germany, Germany, Allied-occupied Austria, Austria, Occupation of Japan, Japan, a ...
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