Von Roll was a Swissaerial tramway manufacturing company, it was taken over by Austrian manufacturers. Cable car at Zell am See in the Austrian Alps. ...
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The vote gives the von Finck family, which owns a 31 per cent stake in VonRoll, five out of a total of nine seats on the board compared with the current one seat out of five.
The von Finck family launched its coup attempt in May. A family spokesman said it wants to re-establish the company as a broad-based industrial concern of worldwide renown.
VonRoll barely escaped bankruptcy in 2003 at which time it was forced to sell off its foundry business.
VonRoll USA, Inc. is eligible to apply for $400,000 from Empire State Development in return for the company's commitment to expand, invest and create new jobs a the site.
VonRoll USA, Inc. is also eligible to apply for $250,000 in funding from National Grid's economic development program to help fund electric and gas infrastructure costs related to the expansion project.
The operational activities of VonRoll, a company listed on the SWX Swiss Exchange (ROL.SW), are focused on the global supply of solutions in the fields of electro insulation to increase the energy efficiency of electricity generators and electro motors and fibre-reinforced composites.
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