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CMI Defence
John Cockerill, formerly Cockerill Maintenance & Ingénierie (CMI), is a mechanical engineering group headquartered in Seraing, Belgium. It produces machinery for steel plants, industrial heat recovery equipment and boilers, as well as shunting locomotives and military equipment. History In 1817, an iron foundry was established in Seraing by John Cockerill (industrialist), John Cockerill and his brother, James Cockerill, Charles James Cockerill. As well as creating an iron works, John Cockerill also began machine-building activities, following in the footsteps of his father, William Cockerill, who had made his fortune constructing machines for the textile industry in the Liège Province, Liège region. In 1825, the enterprise became known as John Cockerill & Cie. The company produced the primary industrial machinery of the day – steam engines, blast furnace blowers, etc. In 1835, the company produced the first Belgian steam locomotive, ''Le Belge (locomotive), Le Belge'', begi ...
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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. 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 publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 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 ''Forbes'' survey of closely held U.S. businesses sold a trillion dollars' worth of goods and service ...
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