TCN Arms
From NSwiki, the NationStates encyclopedia.
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History
Founded in 1972, by Carl Östnberd. TCN Arms was a private company, until 1992 and Carl Östnberd's death. The board of directors decided to make TCN Arms a public company, thus making over T32 Billion. T20 Billion of this was re-invested into the company, with the other T12 Billion being used to buy out other companies that were in competition with TCN Arms. It was the lack of rivals that propelled TCN Arms into it's great success, and massive profits. The share price has more than quadrupled since 1992.
- 35% The Holy and Chosen Empire of The Chosen Nations
- 15% Greg Corson
- 10% The Coreson Group
- 10% Jim Östnberd (son of Carl Östnberd)
- 30% Private Investors
Financial Profits
- 1970: N/A
- 1975: T2,000,000
- 1980: T25,000,000
- 1985: T500,000,000
- 1990: T3,000,000,000
- 1995: T20,000,000,000
- 2000: T32,000,000,000
- 2005: T57,000,000,000
