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The company was founded in 1897 in New York City by Maxwell Becton and Fairleigh S. Dickinson.It later moved its headquarters to New Jersey. In 2004, BD agreed to pay out US$100 million to settle allegations from competitor Retractable Technologies that it had engaged in anti-competitive behavior to prevent the distribution of Retractable's syringes, which are designed to prevent needlestick ...
Jacobson was born to a Jewish family in Brooklyn. [1] At the age of 16, he took a job as a machinist [2] and in 1941, he founded the Sid Tool Company in Little Italy, Manhattan with $1,000 of his own money and $3,000 borrowed from his mother. [2]
Greenlee is an American industrial and electrical tool company headquartered in Rockford, Illinois.It was founded in 1862 by twin brothers Robert L. and Ralph S. Greenlee to manufacture their invention called a hollow chisel mortiser, consisting of a drill surrounded by four chisel blades used in making mortises (the hole) for mortise and tenon joints, for the furniture industry in Rockford. [1]
After the independence of Bangladesh, the factory started renewed operations on 11 February 1979 as a state owned company. In 1996, the factory was closed due to poor financial performance. On 27 July 2000, Prime Minister Sheikh Hasina handed over the closed factory to Bangladesh Army who restarted it under the Bangladesh Machine Tools Factory ...
In the 1990s, Whitacre spent nine years in federal prison for embezzling over 9 million dollars from his former employer, ADM Archer Daniels Midland. He embezzled the funds while he was working with the FBI as a whistleblower. He is the highest level executive of a Fortune 500 company in US history to turn whistleblower. [3] [4]
[1] [2] [4] Later, the company also produced hypodermic needles and syringes to inject insulin. [4] The company incorporated as Becton, Dickinson & Company in 1906 and built a manufacturing plant in East Rutherford, New Jersey. [1] [2] Becton served as the company's secretary and treasurer, and later served as the chairman of the board. [1]
H.D. Smith later moved to Plantsville, Connecticut where the company originally used leased facilities until they were able to move into the H.D. Smith & Co. works. H. D. Smith was one of the originators of the drop-forging process, [ 4 ] and was described by The New York Times as being one of the pioneers of the carriage Hardware industry.
OTC Tool Company logo. OTC Tools (originally Owatonna Tool Company) is a tool and equipment manufacturer. It was founded in Owatonna, Minnesota, by Godfrey Kaplan, who operated a small machine shop there. Kaplan's son Rueben, invented the "Grip-O-Matic" universal gear puller and received his first patent. [1] The tool remains virtually ...