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The manufacturing operations of Hughes' Sharp-Hughes Tool Company at 2nd and Girard Streets in Houston, Texas. Hughes Sr. married Allene Stone Gano, on June 24, 1904, in Dallas County, Texas, and engaged in various mining business endeavors before capitalizing on the Spindletop oil discovery in Texas, as a result of which he began devoting his full time to the oil business.
This became the "new" Hughes Tool Company while the remaining divisions of the business were placed in a new holding company, the Summa Corporation. During the 1979 visit by Deng Xiaoping to the United States, Deng visited the company's Houston plant. [8] Hughes Tool Company merged with Baker International to form Baker Hughes Incorporated in ...
In November 1925, at the age of 36, Dietrich met 19-year-old Hughes, who had gained control of Hughes Tool Company after buying out the other family heirs. Started by his father, Howard R. Hughes, Sr., Hughes Tool Company – or Toolco – manufactured oil drilling equipment, especially the multiple-edge, revolving-teeth roller cutter drill bits the elder Hughes invented.
[6]: 103, 254 In 1968, the Hughes Tool Company purchased the North Las Vegas Air Terminal. Originally known as Summa Corporation, the Howard Hughes Corporation formed in 1972 when the oil-tools business of Hughes Tool Company, then owned by Howard Hughes Jr., floated on the New York Stock Exchange under the "Hughes Tool" name. This forced the ...
It was established in 1908 as a manufacturer of oil drilling tools. Under the ownership of Howard Hughes, the company expanded over the years into various other businesses, including aviation, media, and casino hotels. In 1972, the company sold its tool business to investors via an initial public offering as a new entity named Hughes Tool Company.
Maheu's contract with the Hughes company started in 1955, after Howard Hughes hired him to investigate an alleged suitor of his fiancé Jean Peters. [6]Although Maheu was for years a close confidant of Howard Hughes, he never met Hughes face-to-face, as they worked via memo and telephone.
Elizabeth Jean Peters (October 15, 1926 – October 13, 2000) was an American film actress. She was known as a star of 20th Century Fox in the late 1940s and early 1950s, and as the second wife of Howard Hughes.
Melvin Earl Dummar (August 28, 1944 – December 9, 2018) was a Utah man who gained attention when he claimed to have saved reclusive business tycoon Howard Hughes in the Nevada desert in 1967, and to have been awarded part of Hughes' vast estate.
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