Avro 775
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Avro 775
Avro (an initialism of the founder's name) was a British aircraft manufacturer. Its designs include the Avro 504, used as a trainer in the First World War, the Avro Lancaster, one of the pre-eminent bombers of the Second World War, and the delta wing Avro Vulcan, a stalwart of the Cold War. Avro was founded in 1910 by Alliott Verdon Roe at the Brownsfield Mill on Great Ancoats Street in Manchester. The company remained based primarily in Lancashire throughout its 53 years of existence, with key development and manufacturing sites in Alexandra Park, Chadderton, Trafford Park, and Woodford, Greater Manchester. The company was merged into Hawker Siddeley Aviation in 1963, although the Avro name has been used for some aircraft since then. History Early history One of the world's first aircraft builders, A.V. Roe and Company was established on 1 January 1910 at Brownsfield Mill, Great Ancoats Street, Manchester, by Alliott Verdon Roe and his brother Humphrey Verdon Roe. Humph ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ...
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