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He partnered with longtime business associate Walter Benona Sharp to manufacture and market the bit. Following her husband's death in 1912, Sharp's widow Estelle Sharp sold her 50% share in the company to Howard Hughes Sr. in 1914. [2] The company was renamed Hughes Tool Company on February 3, 1915. [2]
Lowe's and manufacturing partner J.H. Williams launched Kobalt in 1998, [1] with the intention of competing against rival retailers Sears and The Home Depot and their respective Craftsman and Husky tool brands. [2] In 2003, the Danaher Corporation began producing the majority of Kobalt hand tools. [3] [4]
There are three types of rosin: gum rosin (from pine tree oleoresin), wood rosin (obtained by extraction of tree stumps), and tall oil rosin (obtained from tall oil, a byproduct of kraft paper process). Gum rosin has a milder odor and lower tendency to crystallize from solutions than wood rosin, and is therefore preferred for flux applications.
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