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A federal district court in February 1961 fined 29 electrical manufacturing companies and 45 individuals a total of $1,924,500 for violating the antitrust laws by fixing prices and rigging bids on heavy electrical equipment, some of which was sold to the Government. [46] (See also: Allis-Chalmers § 1960s and 1970s.)
If the price of a new supplier is lower than the usual corporate bidding price, the reason may be that there is a collusion of bidding among existing companies. If the price of a new supplier drops significantly after bidding, the reason may be that some suppliers have been colluding and the new supplier has forced them to compete. [35]
Rigging comes from rig, to set up or prepare. Rigging is the equipment such as wire rope, turnbuckles, clevis, jacks used with cranes and other lifting equipment [1] in material handling and structure relocation. Rigging systems commonly include shackles, master links and slings, and lifting bags in underwater lifting.
A block and tackle [1] [2] or only tackle [3] is a system of two or more pulleys with a rope or cable threaded between them, usually used to lift heavy loads.. The pulleys are assembled to form blocks and then blocks are paired so that one is fixed and one moves with the load.
The company specialized in ship rigging, and was chosen among other competitors in the early 1900s to manufacture the rope used on the USS Constitution. The company's twine, Plymouth binder twine, popular among farmers, was the inspiration for the naming of the Plymouth brand of automobiles first produced in 1928. In the 1910s, its mill was the ...
The term comes from the days of sailing ships, when a rigger was a person who worked with rigging, that is, ropes for hoisting the sails.Sailors could put their rope skills to work in lifting and hauling.
Wireline truck rigged up to a drilling rig in Canada. In the oil and gas industry, the term wireline usually refers to the use of multi-conductor, single conductor or slickline cable, or "wireline", as a conveyance for the acquisition of subsurface petrophysical and geophysical data and the delivery of well construction services such as pipe recovery, perforating, plug setting and well ...
Butt rigging is installed where the two lines join and the logs are hooked to the butt rigging with chokers. The procedure is to wind up the main line and the logs are pulled in, wind up the haulback and the butt rigging is pulled out for more logs or another 'turn'.
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