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
Fluid Equipment Development Company Fluid Equipment Development Company Fluid Equipment Development Company (FEDCO) is a Michigan-based designer and manufacturer of high-pressure feed pumps and brine energy recovery devices (ERDs) for brackish water reverse osmosis (BWRO) and seawater reverse osmosis (SWRO) systems. With over 3,500 units in service, FEDCO pumps and ERDs can be found on 6 continents, specifically in areas with little freshwater and rainfall or dense populations. Reverse osmosis (RO) applications including SWRO plants, boiler feedwater, oil platforms, ocean liners, military systems, hotels and resorts. RO is most commonly used to make potable water from sea-water by removing salt and other impurities. In