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Ten families and ten consortia

Top ten families in the world

Dupont family (in no particular order)

Dupont family is the oldest, richest and largest wealth family in the United States. This family has maintained its prosperity for 200 years, which is rare in the world. In 1990s, dupont family controlled the wealth of 654.38+05 billion US dollars, and produced 250 super-rich and 50 super-rich. The founder of his family is Irenee? Dupont, making a fortune by making gunpowder, 20th century? At the beginning of the Ji Dynasty, DuPont A appeared in dupont family, which made the family enter an unprecedented heyday. This family regards family wealth as a second life, and the transmission of power is very unique. The third generation is the largest family with the largest number of close relatives in the United States.

Rothschild Family

This is a well-known financial family in Europe and even the world. It originated in the early19th century and was founded by Meyer. Rothschild. He and his five sons, namely Roche Five Tigers, have successively opened banks in famous European cities such as Frankfurt, London, Paris, Vienna and Naples. Established the largest financial kingdom in the world at that time. In their heyday, their sexual power made European palace nobles candidly admit defeat. Today, the world's major gold market is also controlled by them. Its fourth generation guy? Rothschild is a world-famous banker, who has experienced the ups and downs of his family's fate.

the onassis family

This is a strange wealthy family. Onassis is the founder of this family, and he is called the king of ships in the world. He started in the tobacco business and then entered the world shipping industry. His only son was killed in a car accident. He and his brother-in-law, another Greek ship king, fought for wealth and married the legacy of American President Kennedy. His daughter is as willful as he is. He chose a son-in-law and daughter who didn't want to marry the person he loved. After his death, her daughter inherited the property, and after several marriages, she finally became the king of female ships. She gave birth to another daughter, and before she died, she entrusted someone to train the third generation of the rich family. Features: Women inherit their father's footsteps and create brilliant third-generation orphans.

Rockefeller family

The richest family in America. John? Rockefeller is the founder of this wealth family, and he is also the first billionaire in human history, the American oil magnate. The oil dynasty he founded monopolized the United States for 85 years. While maintaining the family business, his second-generation Rockefeller devoted his main energy to the charity left by the old Rockefeller, and the third-generation Rockefeller became the banker's John? David? Rockefeller is the financial steward of this family and the youngest of the five brothers. This family has played an important role in the United States so far.

IBM Watson series

The Watson family founded IBM, a computer hardware company that dominated the world. The founder of this wealth family is Thomas Ding? Watson, who started from a penniless countryman by selling things, developed IBM, a small company that originally produced scales, butchers and perforators, into a world-class hardware company. His only son, Thomas? John? Watson used to be a playboy and often went to nightclubs. Old Watson was well educated, and the prodigal son never changed his money. Little Watson inherited his father's business. Push IBM's computer career to the peak. The family continues its mission by cultivating the best talents.

Motorola Galvin family

This rich family has great influence in America. Its founder galvin has made this family prominent from selling popcorn to starting a business to becoming the chairman of Motorola. Calvin devoted himself to cultivating his heir to wealth. He always takes his only son, Bob, with him, eager for his son to enter the business world. He answered his son's business questions carefully. When he grew up, he was appointed as the deputy general manager of Motorola and was allowed to lead a family business. Later, he was appointed as the general manager, but he did not intend to retire. He also wants to train the third generation of wealth successors.

ford family

The Ford family used to be a prominent wealth family in America. Henry. Ford was the founder of this wealthy family, and he became the king of cars. He hates iron for his only son, Edsol, who is a soft-hearted man. Facing his father's uncompromising A style, he was at the mercy of others and eventually became the root of tragedy, and died young. Sun Tzu formed the Red Army @ to seize power, which once revived the family, but Ford II made the same mistake again. Finally, the chairman of Ford Company was appointed by an outsider. It has set a precedent for American business circles to transfer the power of family businesses to non-family people.

Max family

They are famous wealthy families in the British Isles. Former British Prime Minister Margaret Thatcher bought all her clothes at Max Spencer, their family company. Its founder Max started at 5 pounds. But when Max died, his son Simon was only 19 years old, and the power fell into the hands of the company director Wen Qi. In order to compete for the family business, Simon got to know easley, a businessman from Judah. They married each other's sister and established a rich family. The two men and Wen Qi launched a battle for the chairman of the board, and finally won. Together, they created brilliance and rejuvenated the family. And began to focus on cultivating the third generation of wealth successors.

Disney family

This is a world-famous wealth family. Its family founder is Walter? Disney and his brother Roy. Disney was famous for Mickey Mouse cartoon movies, and then a series of cartoon movies were released. The two brothers conspired to create a Disney World Park. Disney died before the end of his career, leaving a huge wealth family. Factions within the family began to compete for power and interests. A "troika" came rumbling, and several "guerrillas" were also involved in the argument. The son-in-law and nephew went to war, and nephew Roy dominated the world and monopolized the power, extending Disney's tentacles to Europe and Asia.

morgan family

The success of the Morgan family is the epitome of the success of Wall Street. A set of Morgan management system created by Morgan family still dominates and influences everything on Wall Street. This kind of management thought and strategy runs through the whole process of capitalism from germination to maturity. In the process of Morgan family's efforts to create economic miracle, J? p? Morgan undoubtedly plays the role of connecting the past with the future. j? p? Morgan ushered in a Morgan era, that is, the era when financial oligarchs ruled corporate tycoons. His famous saying is: it is not the law that drives history, but money, just money @

Ten American consortia and six Japanese consortia.

Top ten American consortia

Rockefeller Financial Group Morgan Consortium First Citibank Consortium Dupont Consortium

Boston consortium Mellon consortium Cleveland consortium Chicago consortium

California consortium Texas consortium

Rockefeller Financial Group

(Rockefeller Financial Group)

One of the top ten American consortia. Based on the Rockefeller family's oil monopoly, it extended its sphere of influence to all sectors of the national economy by constantly controlling financial institutions, and became the largest monopoly group in the United States. Founder J.D. Rockefeller started with oil and opened an oil refinery in Cleveland in 1863. Based on the oil refinery in 1870, he expanded and established the Ohio Standard Huai Oil Company, which soon monopolized the oil industry in the United States, and invested its huge profits in the financial industry and manufacturing industry, and its economic strength developed rapidly. Total assets were only $6.6 billion in 1935, and increased to $82.6 billion in 1960, which increased by1.5 times in 25 years. Since then, great progress has been made. The total assets of 1974 have increased to $330.5 billion, surpassing Morgan Consortium and ranking first among the top ten consortia in the United States. There are 65,438+06 largest oil companies in the United States, 8 of which belong to Rockefeller Financial Group.

Rockefeller Financial Group is a typical example of bank capital controlling industrial capital. It has a huge financial network, with Chase Manhattan Bank as the core and more than 100 financial institutions such as New York Chemical Bank, Metropolitan Life Insurance Company and Fair Life Insurance Company. Through these financial institutions, many industrial and mining enterprises are directly or indirectly controlled, and they occupy an important position in various economic sectors such as metallurgy, chemistry, rubber, automobile, food, air transportation, telecommunications and arms industry. The arms companies it controls are: McDonald's? Douglas, Martin? Marietta Company (jointly controlled with Mellon Consortium), sperry? Rand Corporation and Westinghouse Electric Company (controlled by Mellon Consortium), etc. Rockefeller Financial Group also controls five major American airlines, including United Airlines, Pan Am, American Airlines, TWA and Eastern Airlines, alone or together with other consortia.

1973 After the energy crisis, the countries of the Organization of Petroleum Exporting Countries launched a tit-for-tat struggle with the monopoly capital of the United States, which dealt a heavy blow to Rockefeller Financial Group. The consortium has taken various measures to remedy this unfavorable situation. First of all, he participated in the development of domestic oil in the United States and won the lease right of offshore oil fields in the coastal areas of China. 1976, he obtained the oil lease right of Alaska and the middle Atlantic coast 130000 acres. We also developed the British North Sea oil field with the Anglo-Dutch Shell Oil Company. It also penetrated into other related sectors of the energy industry. In addition, the petrochemical industry is also vigorously developed.

Rockefeller Financial Group not only occupies a dominant position in the economic field, but also places a large number of agents in the government, which influences the domestic and foreign policies of the US government. It also penetrated into education, science, health, art and social life through organizations such as Rockefeller Foundation and Rockefeller Brothers Foundation, and expanded its influence.

However, since 1980s, Rockefeller Financial Group's economic strength has been declining, and its status has also declined, and it has been surpassed by Morgan Consortium. Mainly because of the mutual infiltration of American consortia, Rockefeller Financial Group's big enterprises such as Exxon and big banks such as Chase Bank were infiltrated by other consortia and became enterprises controlled by the same company.

Morgan consortium

(Morgan Financial Group)

One of the top ten American consortia. Formed at the end of 19 and the beginning of the 20th century, it is a monopoly capital consortium that rules the American economy. Founder J.P. Morgan founded drexel C Morgan Company at 187 1 on the basis of his father J.S. Morgan's wealth, and engaged in banking business such as investment and credit. 1894, the partner died and was wholly owned by him. 1895 changed its name to J.P. Morgan Company, and based on this company, it expanded its power to financial undertakings and economic fields (such as steel, railways and public utilities) and began to form monopoly consortia. 19 12 years, Morgan consortium controlled 13 financial institutions with total assets of $3.04 billion, among which Morgan Corporation was the strongest and dominated the American financial sector. The financial tycoons on Wall Street called Morgan Company Banker A's banker. The Morgan Consortium made a fortune in the First World War, and after the war, it penetrated into all sectors of the national economy with its abundant financial capital. In 1930s, the total assets of big banks and enterprises controlled by Morgan Consortium accounted for more than 50% of the eight American consortia at that time.

Due to the increasing competition among consortia, other consortia took Morgan Consortium as the main target, so its strength status declined relatively, and it was once surpassed by Rockefeller Financial Group. In order to save the decline, it has taken various measures. In finance, we should use a solid financial foundation to expand our strength. In terms of industry, we have actively explored emerging technology industries, and since the 1960s, we have leapt to the first place in technological departments such as electronic computers, high-speed photocopiers and microfilm. The International Business Machines Corporation under the consortium is the largest computer manufacturer in the world. Great progress has also been made in industries with good foundations such as electrical equipment, power equipment and atomic energy equipment. In the arms industry, General Electric Company, General Dynamics Company and Grumman Aircraft Company controlled by Morgan Consortium are the top arms contractors of the US Department of Defense. By the end of 1970s, the trust assets of Morgan Consortium grew rapidly, far exceeding other consortia. The rise of cutting-edge technology industries such as computers doubled its economic strength. In terms of the number of enterprises controlled by Morgan Consortium and the assets it owns, it is superior to Rockefeller Financial Group.

Morgan consortium has a solid foundation in the financial industry. Its main pillar is J.P. Morgan Company. Morgan is one of the largest multinational banks in the world, with 65,438+00 subsidiaries and many branches in China, and more than 65,438+0000 communication banks. It has branches or representative offices in about 20 big cities abroad, and owns shares in financial institutions in nearly 40 countries. Its operating characteristics are buying and selling a large number of stocks and operating huge trust assets. It controls the shares of 37 foreign commercial banks, development banks, investment companies and other enterprises. In addition, there are manufacturers Hanover Company, new york Banker Trust Company, Northwest Bank Company, Prudent Life Insurance Company and new york Life Insurance Company. Among the industrial and mining enterprises, there are mainly International Business Machines Corporation, General Electric Company, International Telephone and Telegraph Company, American Steel Company and General Motors Company. In terms of public utilities, there are AT&T and Southern Company.

First National City Bank Financial Group

(First National City Bank Financial Group)

One of the top ten consortia in the United States is the Eastern Consortium, which rose after the war. Although the history is not long, its total assets have surpassed several established consortia and become one of the top ten consortia. With the First National City Bank as the core and relying on its huge funds, the consortium expanded its power to the arms industry (such as rockets, missiles and airplanes) and civilian industries (such as electronics, chemicals, petroleum and nonferrous metallurgy) and controlled a large number of famous large enterprises and companies. It is also one of the most active consortia in overseas expansion.

The First National City Bank, formerly known as new york Citibank, was established in 18 12, and is one of the oldest banks on Wall Street. By the end of 19 and the beginning of the 20th century, it was controlled by two big families, steelman and Rockefeller, and quickly developed into the capital dispatching center of standard petroleum system (Mobil petroleum system). In 1930s, it was hit by the world economic crisis and its business collapsed. In the wave of enterprise merger in 1950s, it became active again. On 1955, it merged with the First National Bank of new york and changed its name to the First National City Bank of new york, and changed its name to its current name on 1962. With this bank as the core, the first Citibank consortium was formed and squeezed into the ranks of the top ten consortia in the United States.

The rapid development of first national city bank Consortium is mainly due to its economic strength consisting of large companies and enterprises closely related to arms production in the First National City Bank. Boeing Company and United Aircraft Company, which are engaged in arms production under its control, have always been major arms contractors in the United States except for the production of large civil airliners. They mainly contract military products such as jet bombers, militia-3 intercontinental missiles, Apollo program and the manufacture of rockets and space launchers, and get surprisingly high profits from military orders every year. Other enterprises affiliated with the consortium include Atlantic Richfield Oil Company (controlled by Morgan Consortium), Phillips Oil Company (controlled by Morgan Consortium), Xerox Company, Minnesota Mining and Manufacturing Company, Crawler Tractor Company (controlled by Morgan Consortium and DuPont Consortium) and National Cash Register Company which produces electronic computers. In business, there are penny company (controlled by Morgan consortium) and jewelry store (controlled by Chicago consortium). The above enterprises are monopolized at home and abroad.

Boston financial group

(Boston Financial Group)

One of the top ten consortia in the United States and one of the oldest monopoly consortia in the United States. It consists of Boston Lowell, Lawrence, Adams, Loki, and the emerging Kennedy family, who made a fortune from the slave trade in the19th century. At that time, these families invested huge sums of money accumulated by overseas colonial plunder in commercial banks, insurance companies and investment companies, and relied on these financial institutions to provide funds to operate textile industries such as textiles, leather, shoes, clothing, food and chemicals. Due to the rapid development of textile industry, at the beginning of the 20th century, Boston, a family that has been intermarried for generations, took the First National Bank of Boston as the core and formed the Boston Consortium.

The First National Bank of Boston was established in 1859. 1903 is still called Boston first national bank after it merged with Massachusetts bank. It is the earliest multinational bank in America. In addition to banks, the Boston consortium also owns four famous insurance companies, with John? Hancock Mutual Life Insurance Company and Massachusetts Mutual Life Insurance Company are the largest.

The strength of Boston consortium in industrial and mining enterprises is not as good as that of Oriental consortium. The industries it controlled used to be mainly textiles. Since the 1950s, MIT's scientific research achievements have been used to develop emerging technology industries, from textile industry to electronics, optics, aerospace and missiles. For example, Texteron, which it controlled, merged many small and medium-sized companies after the war and expanded its strength. Its business direction has also shifted from textile industry to aerospace industry and electronics industry, becoming a diversified company with more than 70 subsidiaries. It not only manufactures aviation and aerospace products, all kinds of electronic components and aircraft parts, but also operates the watch, furniture and poultry industries. One of its companies, Bell Life Aircraft Company, is an arms exporter, making helicopters for the Pentagon and foreign countries. Boston consortium has superior technical strength in developing emerging technology industries. The scientific research achievements of Harvard University, Massachusetts Institute of Technology and other famous schools have strongly promoted the development of cutting-edge industries in Boston. Its subsidiaries, such as Texteron, Raytheon and Boraroyd, have experienced rapid economic growth under the stimulation of emerging technology industries. Politically, the Boston consortium once supported Kennedy as president with the Geffler consortium. The Kennedy family dominated the White House and won a large number of military orders for the Boston consortium, which caused strong dissatisfaction from the Morgan consortium. 1963165438+10 The assassination of Kennedy in October dealt a great blow to the Boston consortium, which made it lower in the competition with other consortia.

Mellon financial group

(Mellon Financial Group)

One of the top ten American consortia is a monopoly capital group with Mellon family as the center and finance as the starting point. T Mellon, the founder, founded Thomas Mellon & Son Bank on 1869, which developed rapidly. Renaming Mellon National Bank from 65438 to 0902 is the financial pillar on which Mellon Consortium started. Taking this as a starting point, it gradually merged with industrial capital, and the consortium gradually formed. In addition to Mellon National Bank, financial institutions controlled by Mellon Consortium include Pittsburgh National Bank and General Reinsurance Company. For a long time, Mellon consortium controlled the bank capital and industrial capital of Pittsburgh through these financial institutions.

Among the industrial and mining enterprises controlled by Mellon consortium, Alcoa is the oldest. Its predecessor was Pittsburgh Smelting Company, controlled by Mellon & Son Bank, 1890. Since 19 10, Alcoa has been monopolizing the production of aluminum in the United States and is one of the industrial pillars of Mellon consortium. Another important industrial pillar is the Gulf Oil Company. It is one of the largest oil monopolies in the United States, and its main business includes oil exploration, refining, transportation and sales. Since 1980s, it has expanded the petrochemical industry and ethylene production capacity, ranking third among American chemical companies. Mellon consortium also occupies a certain position in the production of steel industry, including Armco Steel Company (controlled by Rockefeller Financial Group and Cleveland Consortium), National Steel Company (controlled by Cleveland Consortium), Wheeling C Pittsburgh Steel Company and Allegheny C Le Delhoume Industrial Company. In addition, the consortium also owns Westinghouse Electric Company (controlled by Rockefeller Financial Group), Goodyear Tire and Rubber Company (controlled by Rockefeller, Chicago and Cleveland Consortium) and Rockwell International Company. Rockwell is not infiltrated by any consortium, and specializes in designing and manufacturing aircraft, missiles and rockets. It has been the main contractor of the Pentagon and NASA for a long time, and has made huge profits.

Cleveland consortium

(Cleveland Financial Group)

One of the top ten American consortia, named after Cleveland.

/kloc-In the second half of the 9th century, several wealthy families in Cleveland mainly included Mather, Hannah, Humphrey, Eaton, etc. Use the rich local coal and iron resources to establish the iron and steel industry, gain huge profits, then invest in the banking industry and develop into the rubber industry and railway transportation. After World War I, it met the requirements of consortia, with assets of 1935 USD, making it the eighth largest consortium in the United States at that time. During the Second World War, it gained further development, and its assets increased to $65,438+0,955, making it the sixth largest consortium in the United States. In the 1960s, due to the limitation of the consortium's location, its strength declined.

The economic strength of Cleveland Consortium is mainly in steel, rubber, railway transportation and other departments, and it has a certain position in American basic industries. The steel industry is the main interest of the consortium, which controls four of the largest 65,438+00 steel companies in the United States, namely * * and Steel Company, Lex Youngstown Company, Armco Steel Company (controlled by Mellon Consortium and Rockefeller Financial Group * * *) and National Steel Company (controlled by Mellon Consortium * * *). Cleveland consortium also has important interests in American rubber industry. CC Goodyear Tire & Rubber Company and Firestone Tire & Rubber Company are the two largest rubber companies in the United States, which are jointly controlled by Cleveland and other consortia. The financial capital of Cleveland Consortium is weak, and its five financial institutions, including Cleveland Trust Company, have limited strength, so they have to rely on the financial institutions of the Eastern Consortium, especially Morgan Consortium, to raise funds.

Chicago consortium

(Chicago Financial Group)

One of the top ten consortia in the United States is a consortium in the Midwest of the United States. At the beginning of the 20th century, it was composed of the local rich families McCormick family, Wood family and the emerging Krone family, named after the Chicago area as the activity center.

Chicago has a suitable climate, abundant rainfall and fertile land, which is suitable for developing agriculture and animal husbandry. It has long been an important grain and livestock producing area in the United States. The development of agriculture and animal husbandry, followed by the development of meat processing and agricultural machinery industry, soon made Chicago an industrial and commercial center and financial center second only to new york. These wealthy families banded together to form a monopoly consortium. 1935 assets of $4.3 billion, ranking fourth among the eight American consortia at that time.

The financial strength of Chicago consortium is relatively strong, and there are five major banks: Continental Illinois Company, First Chicago Company, Harris Bank Company, Northern Trust Company and Bank of America Company. In addition, there are two insurance companies: CNA Financial Company and National Insurance Company. In recent years, the Chicago consortium has been squeezed out by the Wall Street consortium, and its financial strength is not as good as before. Continental Illinois Company has been infiltrated by Morgan Consortium and become a company controlled by two consortiums. The First Chicago Company is controlled by Rockefeller Financial Group, and the Chicago consortium actually belongs to these two consortia.

The industrial fields controlled by Chicago consortium are mainly agricultural products processing industry, traditional agricultural machinery manufacturing industry and business aimed at agricultural areas. In the agricultural products processing industry, it controls 12 meat processing enterprises, among which Esmark Company and United Food Company are the larger ones. In agricultural machinery, it owns International Harvester Company, Crawler Tractor Company (controlled by two consortia in Rockefeller Financial Group) and Deere Company. Tractors produced by these three agricultural machinery companies account for 60% of the national tractor sales market. After World War II, the expansion of Chicago consortium in the oil industry attracted attention. It has invested heavily in Rockefeller Financial Group's Indiana Standard Oil Company and Texaco Company, and has an important personnel portfolio.

The Chicago consortium plays an important role in business. Owns Sears C. Lubak Company, United Department Store, Jewelry Store and Marshall? Huge commercial retail companies such as Field Company. Sears C. Lubak Company was established in 1866. At the beginning of the 20th century, its mail-order business achieved great development, with retail stores and supply points all over the United States. 1982, the company's assets increased by $36.6 billion, and its annual sales reached $30 billion, ranking first among American department stores.

California financial group

(California Financial Group)

One of the top ten American consortia. After the Second World War, emerging consortia include Bank of America Group, San Francisco Group and Los Angeles Group. During the Second World War, the economic strength of these three groups increased sharply with the rapid development of California's arms industry, especially the growth rate of financial capital was particularly alarming, forming a large consortium with Bank of America as its financial center. 1974 assets 167 1 billion dollars, ranking third among the top ten consortia in the United States, and playing a major role in American political and economic life. It and the southern consortium form a new force of the arms industry group and become a force to compete with the old consortium in Northeast China.

The financial capital of California consortium is extremely abundant. Its main commercial banks are Bank of America, Western Bank, Security Pacific Company and Wells Bank in San Francisco. Fargo company and Crocker national company, etc.

Bank of America is the financial core of California consortium, and its predecessor is the Italian bank founded by A.P. Chianni, a descendant of Italian immigrants in the early 20th century. Due to its rapid business development, it became the largest bank in the western United States in the 1920s. In the early 1930s, it merged with the Bank of America in California and changed its name to Bank of America (full name of National Trust and Savings Bank of America). World War II brought it huge profits, surpassing Chase National Bank in new york at that time and becoming the largest commercial bank in the United States. Only the largest voting right of Bank of America has been controlled by Morgan Consortium and First Citibank Consortium, and the power of California Consortium in Bank of America is far less than before.

The industrial and mining enterprises controlled by the California consortium were mainly agriculture and mining before the Second World War. During and after World War II, because California has become the largest arms production base in the United States, industrial companies controlled by consortia mainly produce arms. Such as Lockheed Aircraft, Litton Industries and Northrop Corporation. These companies are among the top ten arms dealers and arms exporters in the United States. After the war, Lockheed Aircraft Company ranked first in the US Department of Defense's arms orders for a long time. However, the control of these arms production companies gradually fell into the hands of the eastern consortium, and the strength of the California consortium declined relatively.

Texas consortium

(Texas Financial Group)

One of the top ten American consortia. After World War II, a new consortium in Texas developed mainly by relying on the oil industry and the arms industry. Represented by the family founded by K.W. McKison, S. Richardson, H.L. Hunter, J. Braun and J.A. Elkins.

The bank capital of Texas consortium is relatively weak. Although it has four banks and three insurance companies, it has not formed a strong financial center. The four banks are: Dallas First National Bank, Houston C City National Bank, Dallas National Bank and Texas Commercial Bank. The industrial and mining enterprises controlled by the Texas consortium are the largest in Houston. Originally the largest oil and gas pipeline transportation company in the United States, it has now developed into a diversified comprehensive company. Due to the infiltration of Rockefeller Financial Group, it has become a company controlled by two consortia. In the arms industry, the Texas consortium controls two famous companies. One is LTV Company (formerly Yilin C Temko C Water Company), founded by J.J. Lin, who is good at merger, 1960 merged with Temko Aircraft Manufacturing Company, 196 1 re-merged with Water Company (manufacturing aircraft and missiles). Diversified management began in the 1980s, but it still focused on manufacturing arms, with rich profits and rapid development. The other is Hughes Aircraft Company, which was established in 1933. Its business was initially limited to design and experimental manufacturing, and 1942 began commercial production, manufacturing spacecraft, reconnaissance cameras and various aircraft parts. In the first half of 1980s, the electronic control system and other electrical components produced by the company were in a leading position in the American aircraft manufacturing industry, so the company's business was booming and its turnover increased greatly. In addition, the Texas consortium also owns some companies that produce cutting-edge high-tech industrial products, such as Texas Instruments.