Quicksilver Industries: Difference between revisions

Quicksilver Industries has grown to become one of the largest companies in the world; it is the largest publicly traded company by market capitalization, annual revenue, and workforce both nationally and globally. It is also the largest defense contractor in the world; 67% of Quicksilver's revenues came from military sales; it topped the list of Caphirian government contractors and received nearly 45% of the funds paid out by the Ministry of Defense. The company employs close to 5.5 million employees worldwide and has offices in every major country on earth.

Quicksilver Industries was formed as '''Venio Company Limited''' in 1929 by Alexandus Venio Sr. as a result of a nationwide effort to meet the increasing demand for the defense industry in Caphiria during the Great War. The Imperium was giving out $200 million in low-interest loans to spur research and development across all sectors of the defense industry and Venio Company Limited received $15 million to focus on aircraft production. Between 1930 and 1934, VCL developed brake systems for automobiles and aircraft, licensing out the technology to its competitors and to the government, using the profits to go on an acquisition spree.

By the time the war ended, VCL was second in Caphirian corporations in the value of wartime production contracts, accounting for 23% of wartime production. In total, it was estimated that VCL produced 26,423 aircraft during the Great War.

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The rapid success of Shenendehowa Bay has lead many to speculate that Quicksilver Industries has plans to form its own sovereign state in the future, although this has been shut down numerous times by QSI publicly.

Quicksilver Industries currently employs 5,431,615 people across its five divisions.

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Quicksilver Industries conducts 90% of its business activities and dealings through five primary domestic organizations. They cover a wide range of industries from the direct military industry (military or civilian aircraft, ships, vehicles, weaponry, and electronic systems) to the indirect military (logistics, technical support and training, communications support, and engineering support), to direct support of military operations, and consumer and professional electronics, entertainment and financial services.

Today, Shockwave Industrial is responsible for the development, building, hardening, securing, testing and integrating complex communications systems, networks and products through its Shockwave Global Solutions (SGS) division and is responsible for advanced defense and security-related systems, products and services through its Shockwave Integrated Defense Technologies (SID Tech) division.

Shockwave Industrial employs over 150,000 people and has an additional 100,000 individual contractors. In addition to its massive headquarters in Arzercavalli, it also has over 150 research and development facilities across the world that allows for extremely efficient development and production cycles.

<br />The logo for Lansing-Mitchell Weaponeering

It currently produces ten different firearms with seven of them being handguns. Lansing-Mitchell has reported $24 billion in revenue and is estimated to have $2.1 billion in assets. Today, it is primarily a niche weapons manufacturer that focuses on low volume and high quality and custom solutions for its clients. Its most recent handgun, the LM-Snauzer 2021 uses a 7.92x33mm Kurz cartridge that was designed to replace a lot of the outdated handguns being used in law enforcement. It was the first product from Lansing-Mitchell to be mass-produced and it is currently one of the world's most popular handguns being used in law enforcement.

Lansing-Mitchell Weaponeering was acquired by Quicksilver Industries in 2002 for $35.7 billion in an attempt for Lansing-Mitchell to have access to new markets outside of Burgundie. Approximately 80% of Lansing-Mitchell's business is from the Burgundian Armed Forces and Police Services.

The O'Shea Corporation is a Burgundian shipbuilding and logistics holding company with global interests. Its origins can be traced back to the 19th century where a Gaelic Kuhlfrosian immigrated to Burgundie and founded O'Shea Hull Design in 1873. By the beginning of the 20th century, O'Shea Hull Design had become the O'Shea Shipping Company and it was the largest naval architecture firm in Burgundie. The company continued to diversify its assets across the maritime realm, establishing other companies such as O’Shea Container Shipping, O'Shea Infrastructure and Design, O'Shea Operation Management Services, O'Shea International Services, the O'Shea Maritime Academy-, and the O'Shea Chemical Research Facility.

The O'Shea Corporation employs close to 100,000 people across all of its companies and operates over 1,500 ships and has a capacity of 6.1 million TEU.

Petalstone was acquired by Quicksilver Industries in 2010 for $235 billion, the largest ever acquisition in the world. It has over 450,000 employees and accounts for almost 10% of QSI's global workforce. Since the acquisition, Petalstone has launched numerous environmental practices and initiatives, such as committing to ending its use of coal and shifting to 100% renewable clean energy and being the first electronics manufacturer to fully eliminate all polyvinyl chloride (PVC) and brominated flame retardants (BFRs) in its complete product line.

While Quicksilver Industries is primarily known for its defense and military related companies, Petalstone is the second-most profitable business within the entire QSI portfolio behind Shockwave Industrial, generating almost a quarter of its annual revenue alone.

In addition to its core businesses, Quicksilver Industries maintains a concentrated portfolio of equities and investments and engages in an aggressive mergers and acquisitions approach to business. Since the second major corporate restructure in 2011, this has been done through Venio Finance Solutions. VFS acts as the financial services holding company of QSI. It operates a private equity fund, and customer-oriented, financial products and services to individual customers and businesses. VFS currently has $4.5 trillion AUM and $400 billion in assets.

VFS operates two wings: the first serves as the legal parent company for Quicksilver's operating subsidiaries and acquired businesses and the second wing serves as the private equity, alternative asset management, and financial services firm.

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As of March 2035, Quicksilver's (through Venio Finance Services) largest investments were:

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Quicksilver Industries maintains numerous contracts spanning the aerospace, defense, security, and technologies industry. The company makes the bulk of its revenue in what is called '''contracts and operations'''.

'''Operations''' revolve around Quicksilver Industries acting as a private military corporation, providing integrated security, mission support and risk management services to corporate, government and non-profit clients. QSI owns and operates the ''Chromeria Training center'' (CTC), a training facility located on 7,000 acres, comprised of several ranges, indoor, outdoor, urban reproductions, a man-made lake, and two driving tracks. QSTC offers tactics and weapons training to military, government, and law enforcement agencies. The CTC also offers several open-enrollment courses periodically throughout the year, from hand to hand combat (executive course) to precision rifle marksmanship. They also offer courses in tactical and off-road driving. Unlike Quicksilver Contracts, any public or private institution that meets the prerequisites​ may request to hire QSI.

The board of directors consists of 11 members:

The current executive structure is as follows:

Quicksilver Industries is the world's largest company by market capitalization, annual revenue, total assets, and workforce. For the fiscal year of 2030, Quicksilver had revenues of $3.1 trillion, $14 trillion in assets, 5 million global employees, and $475 billion in cash reserves.

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Quicksilver Industries issued a statement in 2015 committing to ending its use of coal and shifting to 100% renewable clean energy. By the end of 2017, half of QSI's operations and manufacturing facilities utilized renewable energy, and by 2020 it boasted a full adoption rate on renewable energy. In 2025, a decade after it started its initiative, QSI announced that 93% of QSI's global operations ran on renewable energy and it would achieve 100% by the end of the decade. It also announced that it switched to sustainable paper in their product packaging; 99% of all paper used by QSI in the product packaging comes from post-consumer recycled paper or sustainably managed forests, as the company continues its move to all paper packaging for all of its products. QSI also revealed it committed to power all its glass production with 100 percent renewable energy by 2030. The commitment is a large step in QSI's efforts to help manufacturers lower their carbon footprint.

Quicksilver Industries offers comprehensive and transparent information about the CO2e, emissions, materials, and electrical usage concerning every product they currently produce or have sold in the past (and which they have enough data needed to produce the report), in their portfolio on their website. All QSI products now have mercury-free LED-backlit LCD displays, arsenic-free glass, and non-PVC cables, and beat the latest Energy Star guidelines in each product's respective regulatory category.

The culture of Quicksilver Industries is interesting in that despite having many subsidiaries across different industries, it allows a freedom of individuality and excellence that reliably attracts talented workers to its companies. That being said, because QSI has been in the ownership of the Venio family since its formation, the Venio family exercises an uniquely overwhelming amount of power in shaping the corporate culture, which generally speaking is more akin to a startup rather than a multinational corporation.

Unlike other major companies, QSI provides a relatively simple compensation policy for executives that does not include perks enjoyed by others like country club fees or private use of company aircraft. (Use of company aircraft is reserved for executive management). The company typically grants stock options to executives every other year.

The main corporate headquarters, informally known as the Silver Park, is located at 1000 Silver Road in the business district of Venceia. The entirety of Silver Park occupies 500 acres, making it by far the world's largest headquarters or building complex. Silver Park contains two complete campuses, nicknamed Mission Control and Ground control respectively.

Silver Park's second campus, Ground Control, encompasses 4 million square feet of office space and houses an additional 25,000–30,000 employees. Ground Control features 125 buildings, 100 of which is used for office space. The remaining 25 buildings bring the amenities of retail space, as well as restaurants, a soccer field and pub. This is known as the "Docks" and is arranged like an urban neighborhood, centered around a 2-acre (0.81 ha) open space with sports fields (including a football pitch), and hiking trails.

Throughout its existence, Quicksilver Industries has received significant criticism regarding the legality of the practices of its contractors, its environmental and business practices, including anti-competitive behavior, privacy concerns, tax avoidance, antitrust, censorship, and corruption.

As the largest defense contractor in the world, QSI has come under intense scrutiny for violations of international law and war. On July 3rd, 1997, the Urcean Ministry of Commerce issued the ''Guidelines on Quicksilver International'', concluding that "the difficulty separating private from public troops means that legal proceedings against these non-state violent actors can be complicated. The corporate nature of PMSCs (Private Military and Security Contractors) is a barrier to their accountability for violations of international law. No international court has jurisdiction over these corporations and there is no preexisting mechanism in place bound by international law to account and manage for PMSCs use of force. If the world's use of PMSCs increases without any international accountability, this creates a situation that the world may not be able to return from."

Over the last three decades, numerous reports have been made alleging that sweatshop conditions exist or have existed in factories and facilities owned and operated by Quicksilver Industries.

In the period following these exposures, QSI has continued to receive criticism for its labor rights record.

Quicksilver Industries is known for employing a variety of accounting technique and methods to reduce its taxes by routing profits through subsidiaries over the world. Such strategies help QSI keep its international taxes to single digits over the last decade, according to the company's corporate filings. Quicksilver holds tens of billions of dollars in profits in international subsidiaries to pay little or no taxes to any government by using an unusual global tax structure.