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ASCO Power Technologies
ASCO (Automatic Switch Company) Power Technologies, is an American company that makes electrical equipment used in healthcare facilities, data centers, communication networks, commercial buildings, and industrial plants. It has been a business unit of Schneider Electric since 2017. ASCO also includes a Services branch, providing maintenance programs, modifications, upgrades, and emergency repairs. The "Firetrol" branch of ASCO provides power transfer switches, controls, and alarms for fire suppression. ASCO's headquarters are located in Florham Park, New Jersey. As of 2020 the company had 1,400 employees and 500,000 square feet of manufacturing floor space, it was the world's largest manufacturer of power transfer switches. ASCO Power Technologies was founded in 1888 and developed the first commercially available automatic transfer switch in 1920. On November 1, 2017, ASCO Power Technologies was sold by Vertiv to Schneider Electric for $1.25 billion. History The Automatic Swi ...
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Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ...
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Electrical
Electricity is the set of physical phenomena associated with the presence and motion of matter possessing an electric charge. Electricity is related to magnetism, both being part of the phenomenon of electromagnetism, as described by Maxwell's equations. Common phenomena are related to electricity, including lightning, static electricity, electric heating, electric discharges and many others. The presence of either a positive or negative electric charge produces an electric field. The motion of electric charges is an electric current and produces a magnetic field. In most applications, Coulomb's law determines the force acting on an electric charge. Electric potential is the Work (physics), work done to move an electric charge from one point to another within an electric field, typically measured in volts. Electricity plays a central role in many modern technologies, serving in electric power where electric current is used to energise equipment, and in electronics dealing w ...
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Florham Park, New Jersey
Florham Park is a borough in Morris County, in the U.S. state of New Jersey. As of the 2020 United States census, the borough's population was 12,585, its highest decennial count ever and an increase of 889 (+7.6%) from the 11,696 recorded at the 2010 census, which in turn reflected an increase of 2,839 (+32.1%) from the 8,857 counted in the 2000 census. Florham Park was incorporated as a borough by an act of the New Jersey Legislature on March 9, 1899, from portions of Chatham Township.Snyder, John P''The Story of New Jersey's Civil Boundaries: 1606–1968'' Bureau of Geology and Topography; Trenton, New Jersey; 1969. p. 193. Accessed April 24, 2012. In 2012, Forbes.com listed Florham Park as 440th in its listing of "America's Most Expensive ZIP Codes", with a median home price of $675,107. Since 2008, Florham Park has been the main operations headquarters for the National Football League's New York Jets. History First occupied by the Lenape tribe of Native Americans, t ...
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United States
The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 contiguous states border Canada to the north and Mexico to the south, with the semi-exclave of Alaska in the northwest and the archipelago of Hawaii in the Pacific Ocean. The United States asserts sovereignty over five Territories of the United States, major island territories and United States Minor Outlying Islands, various uninhabited islands in Oceania and the Caribbean. It is a megadiverse country, with the world's List of countries and dependencies by area, third-largest land area and List of countries and dependencies by population, third-largest population, exceeding 340 million. Its three Metropolitan statistical areas by population, largest metropolitan areas are New York metropolitan area, New York, Greater Los Angeles, Los Angel ...
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Schneider Electric
Schneider Electric SE is a French multinational corporation that specializes in digital automation and energy management. Registered as a Societas Europaea, Schneider Electric is a ''Fortune'' Global 500 company, publicly traded on the Euronext Exchange, and is a component of the Euro Stoxx 50 stock market index. In fiscal year 2024, the company posted revenues of €38.15 billion. Schneider Electric is the parent company of Square D, APC, AVEVA, and others. It is also a research company. History 1836–1963 In 1836, brothers Adolphe and Joseph-Eugene Schneider took over an iron foundry in Le Creusot, France. Two years later, they founded Schneider-Creusot, the company that would eventually become Schneider Electric. Initially, Schneider-Creusot specialized in the production of steel, heavy machinery, and transportation equipment. In 1871, following France's defeat in the Franco-Prussian War, the company significantly developed its capacity for weapons manufactu ...
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Vertiv
Vertiv is an American multinational provider of critical infrastructure and services for data centers, communication networks, and commercial and industrial environments. Headquartered in Westerville, Ohio, Vertiv has ~31,000 employees worldwide, operating in more than 40 countries and with 24 manufacturing and assembly facilities. The company has regional headquarters in: Bologna, Italy; Miami, Miami, Florida; Mandaluyong, Mandaluyong, Philippines; Nanshan District, Shenzhen, Nanshan District, Shenzhen, China; and Mumbai, Mumbai, India. History 1946–1965: Capitol Refrigeration Industries Vertiv began as Capitol Refrigeration Industries, established in 1946 by Ralph Liebert (1918-1984) in Columbus, Ohio. Liebert developed the first prototype precision air conditioner in his garage. In early 1965, the prototype was introduced to IBM in Chicago. Recognising the machine's potential, IBM arranged for Liebert to debut his invention at the World Computer Conference in Philadel ...
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Welcome, North Carolina
Welcome is a census-designated place (CDP) in Davidson County, North Carolina, Davidson County, North Carolina, United States. The population was 4,162 at the 2010 census. It is nationally known as the home of Richard Childress Racing. In addition, Walker and Associates, Inc., a nationwide communication value-add distribution is headquartered here. The town motto is "Welcome to Welcome, A Friendly Place," as posted on the welcoming sign. Neighboring communities and municipalities include Midway, North Carolina, Midway, Arcadia, North Carolina, Arcadia, and Lexington, North Carolina, Lexington. History Beulah Church of Christ Cemetery, Good Hope Methodist Church Cemetery, and Waggoner Graveyard are listed on the National Register of Historic Places. Geography According to the United States Census Bureau, the CDP has a total area of , all land. Demographics 2020 census As of the 2020 United States census, there were 4,131 people, 1,612 households, and 1,095 families residing i ...
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Reynosa
Reynosa () is a border city in the northern part of the state of Tamaulipas, in Mexico which also holds the municipal seat of Reynosa Municipality. The city is located on the southern bank of the Rio Grande in the international Reynosa–McAllen metropolitan area, directly across the Mexico–United States border from Hidalgo, Texas. As of 2020, the city of Reynosa has a population of 691,557. If the floating population is included, the total can reach approximately 1,000,000. History On 6 July 1686, Agustín Echeverz y Zuvízar, governor of the '' Nuevo Reino de León,'' camped in what is now Reynosa during an exploratory expedition. In December 1748, an expedition led by José de Escandón y Helguera left from Querétaro, planning to establish 14 villages; the caravan consisted of 1500 colonists and 755 soldiers. On 14 March 1749, was founded (in its original location) the ''Villa de Nuestra Señora de Guadalupe de Reynosa,'' by the captain Carlos Cantú on behalf of Esca ...
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Companies Based In Morris County, New Jersey
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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