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Quicksilver Industries: Difference between revisions
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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. | 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==== | ====The O'Shea Corporation==== | ||
[[File: | [[File:O-shea-logo.svg|thumb|The logo for the O'Shea Corporation]] | ||
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 Fiannrian 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 is a [[Burgundie|Burgundian]]-based shipbuilding and logistics holding company with global interests. Its origins can be traced back to the 19th century where a Gaelic Fiannrian 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. | ||
In 2007, Quicksilver Industries acquired O'Shea Shipping Company along with all of its sister companies under the name O’Shea Heavy Industrial Systems. In 2025, a corporate restructuring occurred and all of O'Shea's assets were moved into a new entity called The O'Shea Corporation. | In 2007, Quicksilver Industries acquired O'Shea Shipping Company along with all of its sister companies under the name O’Shea Heavy Industrial Systems. In 2025, a corporate restructuring occurred and all of O'Shea's assets were moved into a new entity called The O'Shea Corporation. | ||
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. | 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. | ||
====Silver Lineworks==== | ====Silver Lineworks==== | ||
[[File:Silver-lineworks-logo-new.svg|300x300px|thumb|left|The logo for [[Silver Lineworks]]]] | [[File:Silver-lineworks-logo-new.svg|300x300px|thumb|left|The logo for [[Silver Lineworks]]]] | ||
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One of the most secretive and ambitious projects being developed by Silver Lineworks is the Templar Project, a multi-faceted engineering project that aims to create the world's first synthetic organism with true full artificial intelligence. | One of the most secretive and ambitious projects being developed by Silver Lineworks is the Templar Project, a multi-faceted engineering project that aims to create the world's first synthetic organism with true full artificial intelligence. | ||
=== Investments and minority holdings === | ===Investments and minority holdings=== | ||
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. | 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. | ||
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!Year | !Year | ||
!Revenue | !Revenue | ||
!Net Income | ! Net Income | ||
!Assets | !Assets | ||
|- | |- | ||
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|$2.28 trillion | |$2.28 trillion | ||
|$866.4 billion | |$866.4 billion | ||
|$12 trillion | | $12 trillion | ||
|- | |- | ||
|2026 | |2026 | ||
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|$3.14 trillion | |$3.14 trillion | ||
|$1.27 trillion | |$1.27 trillion | ||
|$14 trillion | | $14 trillion | ||
|} | |} | ||
===Environmental practices and initiatives=== | ===Environmental practices and initiatives=== | ||
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In the period following these exposures, QSI has continued to receive criticism for its labor rights record. | In the period following these exposures, QSI has continued to receive criticism for its labor rights record. | ||
====Tax practices==== | ==== Tax practices==== | ||
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. | 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. | ||
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Almost all of QSI's foreign operations are routed through five offshore companies with no employees. It also pays a 2.5% corporate income tax in Caphiria (the standard rate of corporation tax is 10℅). | Almost all of QSI's foreign operations are routed through five offshore companies with no employees. It also pays a 2.5% corporate income tax in Caphiria (the standard rate of corporation tax is 10℅). | ||
== See also == | ==See also == | ||
[[Category:Caphiria]] | [[Category:Caphiria]] | ||
[[Category:Companies in Caphiria]] | [[Category:Companies in Caphiria]] | ||
[[Category:Quicksilver Industries]] | [[Category:Quicksilver Industries]] | ||
[[Category:Companies]] | [[Category:Companies]] | ||