Acushnet Company (which includes Titleist, FootJoy, Scotty Cameron, Knight, and other golf product brands). On May 20, 2011 it was announced that a Korean group associated with Fila Korea, Ltd. and Mirae Asset Private Equity would purchase Acushnet for $1.23 billion in cash. Founded in Acushnet, Massachusetts by Philip E. "Skipper" Young in 1910, the Acushnet Process Company focused on deresinating latex and supplying rubber to industry, and over time began to make their own rubber-based products including water bottles and bathing caps. Eventually, Acushnet Process became a manufacturer of golf equipment, principally, golf balls. In 1932, the company sectioned into two
China Manufacture License China Manufacture License China Manufacture License (CML/TS License/SELO certificate) refers to the practitioners licensing and authority of using the TS marking for the special equipment. The companies who engage the manufacture (include: construction, making, installation, alteration, maintenance, etc.), use and inspection of the special equipment must be inspected and approved by General Administration of Quality Supervision, Inspection and Quarantine of the People’s Republic of China (AQSIQ), then can obtain the license and producing or selling the applied equipment in China. As the Executive organization, the Special Equipment Licensing Office of General Administration of Quality Supervision, Inspection and Quarantine (SELO) was