Am-Kor Limited

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'''Am-Kor Limited''' is an American and Korean based manufacturing business.  
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The '''Am-Kor Group''' is an American based manufacturing business. Am-Kor limited was founded to represent both [[EJR Manufacturing]] and [[Jayatsu Manufacturing]]. Victor Jayson Equipment Inc. joined in 2009. The current CEO is Ralph James.
==History==
==History==
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===EJR Manufacturing===
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Am-Kor Limited was started in 1987 as a investment deal between [[EJR Manufacturing|EJR2]] and [[Jayatsu Manufacturing|Jayatsu America]].
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EJR Manufacturing was an [[United States|American]] manufacturing company founded in Edwin J. Richards in 1936.  
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In 1942, EJR Manufacturing began making supplies and equipment for World War II.
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In 1988, Jayatsu Industrial was sold to Han Lee. In 1992, EJR2 was merged with [[EJR Manufacturing]].
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In 1952, EJR Manufacturing was interested in joining the North American car market. In 1957 a prototype was created called the RMC-1. However, in 1959 the company decided to delay production or the car. In 1972, RMC Motors shut down.
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Am-Kor Limited was officially founded in 1993 as a partnership between [[EJR Manufacturing]] and [[Jayatsu Industrial]].
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In 1974, Edwin J. Richards decided to pass on his company to his son and to retire. Kevin Richards became head of EJR Manufacturing in June 1976.  
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In August 2009, Am-Kor President Ralph James said that [[Jayatsu Manufacturing]] and [[EJR Manufacturing]] are going through restructuring and major changes may be coming. James said that it will affect all parts of the Am-Kor Group and an official announcement will be made soon.  
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In 1989, Kevin Richards' son, Alex Richards, became vice-president of EJR Manufacturing.
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On August 19, 2009 Ralph James announced that the Am-Kor Group Limited is now an official company and [[Jayatsu Manufacturing]] and [[EJR Manufacturing]] are now officially owned by the Am-Kor Group. James also announced that [[Jayatsu_Manufacturing#Jayatsu Agriculture Equipment|Jayatsu Agriculture Equipment]] will be renamed to Am-Kor Ag.
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===Jayatsu Industrial===
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Jayatsu Industrial was a Korean manufacturer of heavy and industrial equipment. The company was founded in 1958 by C. Yoon.
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In 1975, American David Smith purchased a majority share in Jayatsu Industrial. Smith believed that they could make more money if they expanded to North America. Smith demanded that they had a manufacturing plant in North America by the end of the decade. Yoon knew that they could not create it in time and left the company in 1978.
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By 1982, Jayatsu had a minor presence in North America. By 1984, Smith was being convicted of tax charges and was found guilty in 1986.
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In 1988 Jayatsu was bought by Han Lee. By 1991, Jayatsu was facing possible financial trouble.
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===Merger===
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In 1993 when a merger was formed between EJR Manufacturing and Jayatsu Industrial. A new company was created to represent both companies called Am-Kor Limited.
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In 1996, Alex Richards became head of EJR Manufacturing after Kevin Richards retired in 1995.
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In 1998, Alex Richards became the official head of Am-Kor Limited. Alex's brother, Adam Richards became CEO of EJR Manufacturing.
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==Am-Kor Motors==
==Am-Kor Motors==
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[[Richards Motor Company]] was formed in 1955 by EJR Manufacturing. By 1957 a prototype was created called the RMC-1. However, RMC Motors decided to delay production.
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'''Am-Kor Motors''' was officially formed in 2008 with the announcement of the [[Jayatsu EC|RMC Charge]]. The President of Am-Kor Motors is Bill Kennedy.
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==Am-Kor Ag==
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A redesigned version was completed in early 1964 called the RMC-2. However, with the introduction of the pony car, RMC decided to join the fight and canceled the RMC-2.  
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Victor Jayson Equipment Inc. became a member of the Am-Kor Group in 2009 when LnV merged [[Jayatsu_Manufacturing#Victor_Jayson_Equipment_Inc.|Jayatsu America]] and [[Rezzi_Tractors#Victor_Jayson_Equipment_Inc.|VT Equipment Inc.]]
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The RMC Hurricane was relieved in 1967 and the reception was positive. RMC planed to release the Hurricane by 1969. However, several factors delayed the process and the car was slightly redesigned. By 1971, the RMC Hurricane was ready for production. Production was planed for mid 1972. However, the muscle car market was beginning to slowing down and RMC started to worry about the future. The Hurricane became delayed again until 1973. Finally, due to market problems the RMC Hurricane was canceled. RMC was closed in 1975.
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In 1997, EJR Manufacturing wanted to expand into the vehicle market again but no plans were made. In 1999, EJR Manufacturing registered the Richards Motor Company as a new company. Designing of the new vehicle began in 2004. EJR Manufacturing decided to bring back the RMC Hurricane. A prototype was completed in 2006. A full size version was completed in early 2008.  
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By mid 2008, gas prices were at record highs and RMC realized that it would be a poor time to put the Hurricane into production. The Hurricane was put on delay again and still is.
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On August 19, 2009 Ralph James announced that Am-Kor has purchased [[Jayatsu_Manufacturing#Jayatsu Agriculture Equipment|Jayatsu Agriculture Equipment]] and has formed Am-Kor Ag. Am-Kor now owns 40% of Victor Jayson Equipment Inc.
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==So International==
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==RoV Bottling Company==
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In 1998, Am-Kor bought the remaining So Manufacturing. So Manufacturing is another Korean based manufacturing company. In 1999 the name was changed to [[So International]]. The most famous product was the ill fated [[So Shi-Tei|So Car]]. In 2001. Am-Kor decided to bring back the So Car and turned it into a minor success.
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In May 2009, Am-Kor purchased the bankrupt RoV Bottling Company. In August 2009, EJR Manufacturing purchased the RoV Bottling Company from Ralph James. EJR Manufacturing plans on starting production later in the year.
==See Also==
==See Also==
* [[So International]]
* [[So International]]
[[Category: Am-Kor]] [[Category: Fiction]]
[[Category: Am-Kor]] [[Category: Fiction]]

Current revision as of 05:35, 31 August 2009

The Am-Kor Group is an American based manufacturing business. Am-Kor limited was founded to represent both EJR Manufacturing and Jayatsu Manufacturing. Victor Jayson Equipment Inc. joined in 2009. The current CEO is Ralph James.

Contents

[edit] History

Am-Kor Limited was started in 1987 as a investment deal between EJR2 and Jayatsu America.

In 1988, Jayatsu Industrial was sold to Han Lee. In 1992, EJR2 was merged with EJR Manufacturing.

Am-Kor Limited was officially founded in 1993 as a partnership between EJR Manufacturing and Jayatsu Industrial.

In August 2009, Am-Kor President Ralph James said that Jayatsu Manufacturing and EJR Manufacturing are going through restructuring and major changes may be coming. James said that it will affect all parts of the Am-Kor Group and an official announcement will be made soon.

On August 19, 2009 Ralph James announced that the Am-Kor Group Limited is now an official company and Jayatsu Manufacturing and EJR Manufacturing are now officially owned by the Am-Kor Group. James also announced that Jayatsu Agriculture Equipment will be renamed to Am-Kor Ag.

[edit] Am-Kor Motors

Am-Kor Motors was officially formed in 2008 with the announcement of the RMC Charge. The President of Am-Kor Motors is Bill Kennedy.

[edit] Am-Kor Ag

Victor Jayson Equipment Inc. became a member of the Am-Kor Group in 2009 when LnV merged Jayatsu America and VT Equipment Inc.

On August 19, 2009 Ralph James announced that Am-Kor has purchased Jayatsu Agriculture Equipment and has formed Am-Kor Ag. Am-Kor now owns 40% of Victor Jayson Equipment Inc.

[edit] RoV Bottling Company

In May 2009, Am-Kor purchased the bankrupt RoV Bottling Company. In August 2009, EJR Manufacturing purchased the RoV Bottling Company from Ralph James. EJR Manufacturing plans on starting production later in the year.

[edit] See Also

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