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In 2018 the 4 brothers handed the company off to Jeg Jr.'s son, Jeg Coughlin III. Jeg III would go on to lead the company to a buyout by Greenbriar Equity in February 2022 for $321 million. Since 2022 Jegs has seen a slow but steady decline, going from over $400 million of revenue in 2020 to about $200 million of annual revenue in 2023.
The site, originally for the Columbus Railway & Light Co., became owned by the Columbus Transit Co. [4] The property was used as a repair shop, to lift cars, paint them, and manufacture and repair metal and wooden parts. [8] The site was sold to Minnie McGee for $231,000 in a sheriff's sale in 2003. [9] Plans to redevelop the site date to at ...
In 1875, the three formed the Columbus Buggy Company and Peters Dash Company, [6] with $20,000 in capital. [4] Its first facility was locating at Wall and Locust streets near the modern day One Nationwide Plaza building in the Arena District, immediately north of downtown Columbus, and near the Ohio Penitentiary and Union Station. [10]
Crown later decided to stop making so many one-of-a-kind trucks and developed two lines of E-Z Lift Trucks: an H series (hand-operated) and a B series (battery-operated). In 1959, when its lift trucks had annual sales of about $50,000, antenna rotators had annual sales of $700,000, [9] but the transition to the lift truck business was under way ...
U.S. President Donald Trump signs documents as he issues executive orders and pardons for January 6 defendants in the Oval Office at the White House on Inauguration Day in Washington, U.S ...
FirstEnergy used dark money groups to help Householder amass political power and become Ohio House speaker. In April 2019, Householder unveiled House Bill 6, which would require 4.5 million Ohio ...