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Founded by Robert Kern in 1959, the company soon began producing portable generators for Sears, Roebuck and Co. under the Craftsman brand. During the 1970s, Generac expanded its offerings in the portable and recreational vehicle markets, and in the 1980s the company entered the commercial and industrial markets with its backup power generation systems.
Frank Stronach CM (born 6 September 1932) is an Austro-Canadian billionaire businessman and politician.. Frank Stronach (2013) He is the founder of Magna International, an international automotive parts company based in Aurora, Ontario, Canada, Granite Real Estate, and the Stronach Group.
Magna made offers to the boards of the three companies, with an expected total cost to Magna of CA$1.3 billion (equivalent to $2 billion in 2023) in cash and Magna shares, to privatize the companies within Magna International. [28] The three privatizations were completed in February (Tesma and Decoma) [29] [30] and April (Intier) of 2005. [31]
In 2007, Magna sold 50% of Horse Racing TV to Churchill Downs Incorporated. In February 2015, HRTV was acquired by Betfair, owner of the competing TVG Network, and rebranded TVG2. Golden Gate Fields, Albany, California. Acquired in December 1999 for $77 million. The Stronach Group closed Golden Gate in June 2024. [22]
Magna Powertrain is a major American manufacturer of transmission and drivetrain systems owned by Magna International. It was formed from multiple subsidiaries and acquisitions. It was formed from multiple subsidiaries and acquisitions.
Magna Steyr Fahrzeugtechnik GmbH & Co KG is an automobile manufacturer based in Graz, Styria, Austria, where its primary manufacturing plant is also located. It is a subsidiary of Canadian-based Magna International and was previously part of the Steyr-Daimler-Puch conglomerate.
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