Mag-Torc: Difference between revisions
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Mag-Torc uses its own brand for marketing and does not trade under any other trademarks or brands, making it a rarity among Andrastan conglomerates. The company was owned Mag family until the end of the 10th Era when it was sold to investment bankers Uleth Ost and Hanra Vir, who began expanding the companies interests beyond mineral extraction and refining. Despite often being referred to as a [[wikipedia:Corporation|corporation]] Mag-Torc remains a [[wikipedia:Private company limited by shares|company]] under Andrastan law. | Mag-Torc uses its own brand for marketing and does not trade under any other trademarks or brands, making it a rarity among Andrastan conglomerates. The company was owned Mag family until the end of the 10th Era when it was sold to investment bankers Uleth Ost and Hanra Vir, who began expanding the companies interests beyond mineral extraction and refining. Despite often being referred to as a [[wikipedia:Corporation|corporation]] Mag-Torc remains a [[wikipedia:Private company limited by shares|company]] under Andrastan law. | ||
In 94.04.12E ACC Mag-Torc acquired Zeta Fabrikan, and incorporated its assets into the company structure, enabling Mag-Torc to begin developing and manufacturing its own star ship systems. Prior to this Mag-Torc had only ever designed and constructed reactors and power converters for space craft. Upon assimilating the Zeta Fabrikan manufacturing facilities and development departments Mag-Torc produced its first commercially available sublight drive, the MDD AX-3, in 04.05.12E ACC, and its first [[wikipedia:Faster-than-light|FTL]] drive, the SMC(12) AX-1, in 09.05.12E ACC. | |||
Revision as of 03:22, 11 February 2020
 | |
| Private | |
| Industry | |
| Fate | Still in Operation |
| Founded | 48.01.08E ACC |
| Founder | Kidra Mag |
| Headquarters | Torc Sodiir , |
Area served | International |
| Products | Endixar Class mining ship |
Number of employees | 10.3 million (14.06.12E ACC) |
Mag-Torc is an Andrastan conglomerate company which started as a mineral extraction company, but has since expanded its interests to become one of the largest companies in the Combine. Mag-Torc was founded during the 'Unification Era' in the city of Torc Sodiir, which at the time was the capital city of the Tarbikurn Congress. As of 14.06.12E ACC the company is worth approximately 48.2 billion Trell, making it one of the most valuable companies in the Combine.
Mag-Torc uses its own brand for marketing and does not trade under any other trademarks or brands, making it a rarity among Andrastan conglomerates. The company was owned Mag family until the end of the 10th Era when it was sold to investment bankers Uleth Ost and Hanra Vir, who began expanding the companies interests beyond mineral extraction and refining. Despite often being referred to as a corporation Mag-Torc remains a company under Andrastan law.
In 94.04.12E ACC Mag-Torc acquired Zeta Fabrikan, and incorporated its assets into the company structure, enabling Mag-Torc to begin developing and manufacturing its own star ship systems. Prior to this Mag-Torc had only ever designed and constructed reactors and power converters for space craft. Upon assimilating the Zeta Fabrikan manufacturing facilities and development departments Mag-Torc produced its first commercially available sublight drive, the MDD AX-3, in 04.05.12E ACC, and its first FTL drive, the SMC(12) AX-1, in 09.05.12E ACC.