Cantoni Cotton Mill
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Cantoni Cotton Mill
The Cantoni Cotton Mill, or Cotonificio Cantoni (''Cantunificiu'' in the dialect of Legnano) was a Textile industry, textile company active between 1828 and 2004. It was for a long time the largest cotton company in Italy. History The original nucleus of the Cantoni Cotton Mill was a spinning mill opened in 1828 in Legnano. On October 2, 1830, the plants that had sprung up along the Olona, Olona River, which used the motive power of the river to move, were tested. This was a pre-industrial activity that arose along the banks of the waterway that was owned by Camillo Borgomanero. A document from 1835 shows that was a partner in the enterprise. In the middle of the 19th century, during the Second Industrial Revolution, the craft business was transformed into a company. In 1855 Cantoni was the only company from Lombardy to take part in the World's fair, World's Fair in Paris, while in 1872 the firm changed its name to “''Società Anonima Cotonificio Cantoni''”, thus becomin ...
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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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