|
Meritor Savings Bank V
Meritor, Inc. is an American corporation headquartered in Troy, Michigan, which manufactures automobile components for military suppliers, trucks, and trailers. Meritor is a Fortune 500 company. In 1997, Rockwell International spun off its automotive business as Meritor. In 2000, ArvinMeritor was formed from the merger of Meritor Automotive, Inc., and Arvin Industries, Inc. On February 1, 2011, the company announced that it would revert its name to Meritor, Inc. in late March. The name change was successfully completed and launched on March 30, 2011. On February 22, 2022, Cummins announced to acquire Meritor for $3.7 billion. The acquisition closed on August 3 of that year. Executive management Charles "Chip" McClure, former president and COO of Federal Mogul Corp., served as the CEO of Meritor from 2004 to 2013. Under his management, Meritor completed the divestiture of the passenger vehicle business segment in January 2011. This officially categorized this global manufactu ... [...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] |
Navistar
International Motors, LLC (formerly Navistar International Corporation) is an American manufacturer of commercial vehicles and engines, established in 1986 as a successor to the International Harvester company. International Motors produces trucks under its own brand and buses under the IC Bus name.It operates as an independent subsidiary of Traton holdings . Headquartered in Lisle, Illinois, International Motors employs approximately 14,500 people worldwide as of 2024. The company maintains an extensive distribution network, with nearly 1,000 dealer outlets across the United States, Canada, Brazil, and Mexico, and over 60 dealers in 90 other countries. International Motors' product line includes a range of commercial trucks, from medium-duty Class 4 to heavy-duty Class 8 vehicles. History 1902–1985: International Harvester International Harvester (IH) was created in 1902 by the merger of McCormick Harvesting Machine Company, and Deering Harvester Company. In 1908, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1997 Establishments In Michigan
Events January * January 1 – The Emergency Alert System is introduced in the United States. * January 11 – Turkey threatens Cyprus on account of a deal to buy Russian S-300 missiles, prompting the Cypriot Missile Crisis. * January 16 – Murder of Ennis Cosby: Near Interstate 405 (California) on a Los Angeles freeway, Bill Cosby's son Ennis is shot in the head in a failed robbery attempt. * January 17 – A Delta II rocket carrying a military GPS payload explodes, shortly after liftoff from Cape Canaveral. * January 18 – In northwest Rwanda, Hutu militia members kill 6 Spanish aid workers and three soldiers, and seriously wound another. * January 19 – Yasser Arafat returns to Hebron after more than 30 years, and joins celebrations over the handover of the last Israeli-controlled West Bank city. (→ Hebron Agreement) * January 23 – Madeleine Albright becomes the first female Secretary of State of the United States, after confirmation by the United States Senate. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Troy, Michigan
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Manufacturing Companies Based In Michigan
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of the secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through which raw materials are transformed into a final prod ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Auto Parts Suppliers Of The United States
Auto may refer to: Vehicles * An automobile, or car * An autonomous car, a self-driving car * An auto rickshaw Mechanisms * Short for automatic * An automaton * An automatic transmission Media * Auto (art), a form of Portuguese dramatic play * ''Auto'' (film), a 2007 Indian comedy film * Auto (play), a subgenre of dramatic literature * ''Auto'' (Italian magazine), an Italian magazine and one of the organizers of the European Car of the Year award Fictional characters * Auto (''Mega Man''), a character from ''Mega Man'' series of games * AUTO, a fictional robot who serves as the main antagonist in the 2008 film ''WALL-E'' Locations * Auto, American Samoa * Auto, West Virginia Programming keywords * A keyword in the C programming language used to declare automatic variables * A keyword in C++11 C++11 is a version of a joint technical standard, ISO/IEC 14882, by the International Organization for Standardization (ISO) and International Electrotechnical Commission (IEC), ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Formerly Listed On The New York Stock Exchange
A company, abbreviated as co., is a Legal personality, legal entity representing an association of legal people, whether Natural person, natural, Juridical person, 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 (polity), state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * List of legal entity types by country, business entities, whose aim is to generate sales, revenue, and For-profit, profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Automobile
A car, or an automobile, is a motor vehicle with wheels. Most definitions of cars state that they run primarily on roads, Car seat, seat one to eight people, have four wheels, and mainly transport private transport#Personal transport, people rather than cargo. There are around one billion cars in use worldwide. The French inventor Nicolas-Joseph Cugnot built the first steam-powered road vehicle in 1769, while the Swiss inventor François Isaac de Rivaz designed and constructed the first internal combustion-powered automobile in 1808. The modern car—a practical, marketable automobile for everyday use—was invented in 1886, when the German inventor Carl Benz patented his Benz Patent-Motorwagen. Commercial cars became widely available during the 20th century. The 1901 Oldsmobile Curved Dash and the 1908 Ford Model T, both American cars, are widely considered the first mass-produced and mass-affordable cars, respectively. Cars were rapidly adopted in the US, where they replac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rockwell International
Rockwell International was a major American manufacturing conglomerate (company), conglomerate. It was involved in aircraft, the space industry, defense and commercial electronics, components in the automotive industry, printing presses, avionics and industrial products. At its peak, Rockwell International was No. 27 on the Fortune 500, ''Fortune'' 500 list, with assets of over $8 billion, sales of $27 billion and 115,000 employees. Rockwell International's predecessor was Rockwell International#Rockwell Manufacturing Company, Rockwell Manufacturing Company, founded in 1919 by Willard Rockwell. In 1968, Rockwell Manufacturing Company included seven operating divisions manufacturing industrial valves, German 2-cycle motors, power tools, gas and water meters. In 1973, it was combined with the aerospace products and renamed Rockwell International. It was split into various companies beginning in the 1980s, including its final split in 2001 into Rockwell Automation and Roc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fortune 500
The ''Fortune'' 500 is an annual list compiled and published by ''Fortune (magazine), Fortune'' magazine that ranks 500 of the largest United States Joint-stock company#Closely held corporations and publicly traded corporations, corporations by total revenue for their respective fiscal years. The list includes publicly held company, publicly held companies, along with Privately held company, privately held companies for which revenues are publicly available. The concept of the ''Fortune'' 500 was created by Edgar P. Smith, a ''Fortune'' editor, and the first list was published in 1955. The ''Fortune'' 500 is more commonly used than its subset ''Fortune'' 100 or superset Fortune 1000, ''Fortune'' 1000. History The ''Fortune'' 500, created by Edgar P. Smith, was first published in January 1955. The original top ten companies were General Motors, ExxonMobil, Jersey Standard, U.S. Steel, General Electric, JBS USA, Esmark, Chrysler, Armour and Company, Armour, Gulf Oil, Mobil, and D ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
