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Vontier Corporation is an industrial manufacturing company headquartered in Raleigh, North Carolina. It owns the brands Gilbarco Veeder-Root , Matco Tools and Teletrac Navman, including subsidiaries Hennessy Industries, Gasboy, and Global Traffic Technologies (GTT).
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On December 21, 2010, San Francisco Mayor Gavin Newsom announced that the Potrero plant would cease operations by the end of the year. [1] Potrero Generating Station was permanently shut down in January 2011. GenOn Energy, Mirant's parent corporation, will solicit bids to sell the property for redevelopment. Developers expect the area to be ...
One Market Plaza is a complex of three office buildings at 1 Market Street along the San Francisco Embarcadero.The historic 11-story Southern Pacific Building, also known as "The Landmark", was completed in 1916, and incorporated into the development in 1976 that includes the 43-storey 172 metres (564 feet) Spear Tower, and the 27-storey, 111 metres (364 feet) Steuart Tower.
xAI was founded by Musk [7] [8] [9] in Nevada [4] on March 9, 2023, and has since been headquartered in the San Francisco Bay Area in California. [10] Igor Babuschkin, formerly associated with Google's DeepMind unit, was recruited by Musk to be Chief Engineer. [11] Musk officially announced the formation of xAI on July 12, 2023.
The deal was "one of the largest in San Francisco history for a tech company that doesn't specialize in real estate." [7] The building was worth an estimated $400 million. [8] In November 2019, Juul laid off 23 employees at its new 123 Mission Street Office [9] and was considering selling the building, which it had acquired for $397 million. [10]
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An IPO was estimated to yield $1 billion, but was postponed in April 2020 due to uncertainty in the market stemming from the COVID pandemic. [37] Instead, Fortive chose to spin the business off to shareholders in October 2020 without first having the IPO. [38] [39] Upon separation, Vontier replaced Noble Energy as a member of the S&P 500. [40]