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The result was the Space Bug .049 Contest engine, Cox's first model plane engine which was completed in October 1951. [8] In 1952 the first name change was made to L.M. Cox Manufacturing Company Inc. The Space Bug engine set the scene for all the Cox engines that followed, and went into full production in 1952.
By 1983, Leisure Dynamics was facing bankruptcy. Their engineer William Selzer, the designer of the "Babe Bee" .049 aircraft engine, joined with a local businessman to purchase the Cox company. The new company, Aeromil Engineering Company, changed the name of the company from Cox Company to Cox Hobbies, Incorporated, in 1984.
Leroy Milburn Cox (April 27, 1906 – September 22, 1981) was an American entrepreneur, world famous for his Cox model engines and gas powered toys including model cars, airplanes and boats. [ 1 ] Personal life
Cox entered the automotive industry in 1965 with the purchase of Black Book. Three years later, Manheim was purchased by Cox as well. In the 1980s, Manheim acquired its first non-U.S. auction in Toronto, Canada, making Cox an international company.
General Electric Company, doing business as GE Aerospace, [4] is an American aircraft engine supplier that is headquartered in Evendale, Ohio, outside Cincinnati.It is the legal successor to the original General Electric Company founded in 1892, which split into three separate companies between November 2021 and April 2024, adopting the trade name GE Aerospace after divesting its healthcare ...
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The International Harvester Company (IHC) has been building its own proprietary truck engines since the introduction of their first truck in 1907. International tended to use proprietary diesel engines. In the 1970s, IHC built the DVT 573 V-8 diesel of 240 and 260 hp (179 and 194 kW) but these were not highly regarded and relatively few were sold.
Estes Industries was founded by Vernon Estes in 1958; in 1961, the company moved to a 77-acre tract of land on the outskirts of Penrose, Colorado. [10] [1] In 1969, Vernon sold the company to the Damon Corporation of Needham, Massachusetts, a company which also purchased a number of other hobby companies including a smaller competitor of Estes, Centuri Engineering of Phoenix, Arizona.
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