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
Associated Equipment Company Associated Equipment Company Associated Equipment Company (AEC) was an English vehicle manufacturer that built buses, motorcoaches and trucks from 1912 until 1979. The name Associated Equipment Company was hardly ever used; instead it traded under the AEC and ACLO brands. The London General Omnibus Company (LGOC) was founded in 1855 to amalgamate and regulate the horse-drawn omnibus services then operating in London. The company began producing motor omnibuses for its own use in 1909 with the X-type designed by its chief motor engineer, Frank Searle, at works in Blackhorse Lane, Walthamstow. The X-type was followed by Searle's B-type design, considered