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b6 b7C is an Iwho builds, owns and manages industrial companies As. based in ,he a manufactyrer of industrial products with worldwide. operatlons. He is also of two publicly held corporations listed on the New York Stock Exchange. In l97o, after serving as a of the Wall Street investment banking firm. was elected a publicly owned investment company with a market capitalization $70 million. He to create which became worldwide engineering. and manufacturing company with more than 20,o00 employees and some 400 facilities in 25 countries. Bv1983 when it merged into and became nad achieved uninterrupted earnings growth for 12 years. Two years later which had an initial market capitalization of $8 billion. Original shareholders had seen their investment grow by b6 b7C more than 500%. He was elected at the time of its formation in September 1985. Two months later the company decided to spin off 35 disparate businesses as a unit and named the new entity, which became a public company in May 1986. As an early proponent of dividing unwieldy large corporations into smaller, more manageable companies, he has been the subject of extensive coverage in the business and financial press. itself over a period of six years, from l986 to l992. These companies include now a unit of rormerly , and b6 has a market b7C more than $6oo million. another public company created by Like it is based was born in the He grew up