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 to be one of the first mass-produced commercial vehicles. In 1912, LGOC was taken over by the Underground Group of companies, which at that time owned most of the London Underground, and extensive tram operations. As part of the reorganisation following the takeover, a separate concern was set up for the bus manufacturing elements, and was named Associated Equipment Company, better-known as AEC. AEC's first commercial vehicle was a lorry based on the X-type bus chassis. With the outbreak of World War I in 1914, AEC's ability to produce large numbers of vehicles using assembly line methods became important in