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Massey-Harris Vehicles
Massey Ferguson is an agricultural machinery manufacturer, established in 1953 through the merger of farm equipment makers Massey-Harris of Canada and the Ferguson-Brown Company, Ferguson Company of Ireland. It was based in Coventry then moved to Beauvais in 2003 when the Coventry factory was shut down. History Massey Manufacturing Co. In 1847, Daniel Massey (manufacturer), Daniel Massey established the Newcastle Foundry and Machine Manufactory in what is now Newcastle, Ontario. The company made some of the world's first Threshing machine, mechanical threshers, at first by assembling parts from the United States, but eventually designing and building its own equipment. Daniel Massey's son, Hart Massey, renamed the enterprise the Massey Manufacturing Co. In 1879, the company moved to Toronto and it soon became one of the city's leading employers. It was located on King Street West at Strachan Avenue, occupying the former Toronto exhibition grounds, the site of Toronto's Cry ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
