Onex Corporation is a Toronto based investment firm. It was founded in 1983 by Gerry Schwartz. Today it is a public traded company but Schwartz has 67.6% of the voting control and continues to serve as Chairman and CEO. }|135px|City of Toronto, Ontario Official Flag]]|Coat Image=[[Image:{{{Coat Image}}}|135px|City of Toronto, Ontario Coat of Arms]]}} {{Canadian City/Disable Field={{{Disable Motto Link}}}}} Motto: Diversity Our Strength {{Canadian City/Location Image is:{{{Location Image Type}}}|[[Image:{{{Location Image}}}|thumbnail|250px|City of Toronto, Ontario, Canada Location. ...

The firm specializes in buying firms in Canadan and the United States that are under valued or in need of restructuring and then later selling them at a significant profit. These restructuring efforts often involve cutting wages and workforces and outsourcing work to lower wage countries abroad. The firm is involved is a wide array of industries. Among its specialties is buying the high cost manufacturing arms of companies and turing them into low cost suppliers. In the 1980s it played thsi role in the auto parts industry, in 1996 it bought IBM's manufacturing division Celestica, and in 2004 bought Boeing's Kansas and Oklahoma manufacturing facilties. The firm has alos long been interested in the airline industry and is well known for its failed 1999 attempt to buy both Air Canada and Canadian Airlines to merge them. Onex is also involved in the American health care industry, owning a number of firms, and also in the movie theatre business. Outsourcing (or contracting out) is often defined as the delegation of non-core operations or jobs from internal production to an external entity (such as a subcontractor) that specializes in that operation. ... Celestica Inc. ... The Boeing Company (NYSE: BA) is a leading American aircraft and aerospace manufacturer, headquartered in Chicago, Illinois, with its largest production facilities in Everett, Washington, near Seattle, Washington. ... Air Canada, (IATA: AC, ICAO: ACA, and Callsign: Air Canada) is owned by ACE Aviation Holdings Inc. ... Canadian Airlines International Ltd. ... A typical megaplex (AMC Rolling Hills 20 in Rolling Hills Estates, California). ...

Its head office is on the 49th floor of BCE Place in Toronto and it also has an office in New York. }|135px|City of Toronto, Ontario Official Flag]]|Coat Image=[[Image:{{{Coat Image}}}|135px|City of Toronto, Ontario Coat of Arms]]}} {{Canadian City/Disable Field={{{Disable Motto Link}}}}} Motto: Diversity Our Strength {{Canadian City/Location Image is:{{{Location Image Type}}}|[[Image:{{{Location Image}}}|thumbnail|250px|City of Toronto, Ontario, Canada Location. ... State nickname: Empire State Other U.S. States Capital Albany Largest city New York Governor George Pataki Official languages None (English is de facto) Area 141,205 km² (27th)  - Land 122,409 km²  - Water 18,795 km² (13. ...

External links

• Official site