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
Clayton Equipment Company ownership at higher levels, Clayton Equipment Ltd came to be owned by Rolls-Royce in 1989. It nonetheless retained a significant measure of autonomy, and in March 2005, it became an independent company again. Much of the company's orders now come from overseas, from countries such as Ireland and Russia. The company's main products are locomotives for underground mining, including battery-electric and diesel-hydraulic types. It also provides equipment refurbishment and training. Four new 75 hp battery powered locomotives named Walter, Lou, Anne and Kitty were built by Clayton Equipment in Derby to haul materials and plant along the line during the