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
Racket (sports equipment) Racket (sports equipment) A racket or racquet is a sports implement consisting of a handled frame with an open hoop across which a network of strings or catgut is stretched tightly. It is used for striking a ball or shuttlecock in games such as squash, tennis, racquetball, and badminton. Collectively, these games are known as racket sports. Racket design and manufacturing has changed considerably over the centuries. The frame of rackets for all sports was traditionally made of solid wood (later laminated wood) and the strings of animal intestine known as catgut. The traditional racket size was limited by the