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Michelin (/ ˈ m ɪ ʃ əl ɪ n, ˈ m ɪ tʃ əl ɪ n / MISH-əl-in, MITCH-əl-in, French:), in full Compagnie Générale des Établissements Michelin SCA ("General Company of the Michelin Enterprises P.L.S."), is a French multinational tyre manufacturing company based in Clermont-Ferrand in the Auvergne-Rhône-Alpes région of France.
The restaurant was founded by René Lasserre in 1942. [1] It received its first Michelin Guide star in 1949, then a second star in 1951. In 1962, it was awarded a third star that then lost in 1983.
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The CAC 40 (French pronunciation: [kak kaʁɑ̃t]) (Cotation Assistée en Continu) is a benchmark French stock market index. The index represents a capitalization-weighted measure of the 40 most significant stocks among the 100 largest market caps on the Euronext Paris (formerly the Paris Bourse). It is a price return index.
André Jules Michelin (16 January 1853 – 4 April 1931) was a French industrialist who, with his brother Édouard (1859–1940), founded the Michelin Tyre Company (Compagnie Générale des Établissements Michelin) in 1888 in the French city of Clermont-Ferrand.
In 2018, Michelin North America and Sumitomo Corporation of Americas combined their respective North American tire distribution and related service operations in a 50–50 joint venture agreement, creating National Tire Wholesale (NTW).