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 the Deacon self-propelled anti-tank gun vehicle, used briefly in North Africa; and the AEC Armoured Command Vehicle, popularly known as the Dorchester. In 1946 AEC and Leyland Motors formed British United Traction as a joint venture to manufacture trolleybuses and traction equipment for diesel railcars since reduced demand would not require the existing capacity of both parents. In 1946 AEC resumed civilian production with the 0661/20 Regent II and the 0662/20 Regal I. These were not new models but a recommencement of the most basic AEC 1939 specification bus models. The single-decker was going to be marketed as Regal II