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West Bend Mutual Insurance Company was founded in the city in 1894 [52] and West Bend Savings Bank (now Westbury Bank) in 1926. [53] The West Bend Aluminum Company (later the West Bend Company ) was founded in 1911 by Bernhard C. Ziegler, [ 54 ] and remained in West Bend until 2003.
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This page was last edited on 3 December 2018, at 07:40 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
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The West Bend Company was a West Bend, Wisconsin, company from 1911 to 2001. The West Bend Company manufactured aluminum cookware and electrical appliances, but also made two-stroke cycle engines, including outboard boat motors. Art Ingels used a surplus West Bend engine to power the first kart.
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The "mutual holding company" structure was first introduced in Iowa in 1995, and has spread since then. [5] There have been concerns that the mutual holding company conversion is disadvantageous for the owners of the company, the policyholders. [6] The major disadvantage of mutual insurance companies is the difficulty of raising capital. [7]
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