History
HUSS Maschinenfabrik was founded in 1919 in Bremen and originally made new and replacement parts for ship engines. The company began to create amusement rides in 1969 and since 2006 the enterprise has focussed exclusively on the production of rides.
In 1981 Huss Maschinenfabrik purchased Arrow Development from the Rio Grande Railroad, merging the two companies to form Arrow Huss. The company got into financial trouble partially due to heavily investing in Darien Lake theme park in New York and the 1984 Louisiana World Exposition in New Orleans. Arrow Huss filed for bankruptcy protection in 1985, and 13 of the company's American officers negotiated a buyout. In 1986 the takeover was approved by the courts and the American company re-emerged as Arrow Dynamics. The German company reorganized as Huss Machinenfabrik GmbH & Co. KG.
On August 1, 2006, the Bremen district court declared provisional insolvency and an insolvency manager was appointed. Following this, a new company was created, Huss Park Attractions. The new company was created by a group of investors and the Hungarian factory 'Huss Gépgyár Kft'.
Read more about this topic: HUSS Park Attractions
Famous quotes containing the word history:
“Spain is an overflow of sombreness ... a strong and threatening tide of history meets you at the frontier.”
—Wyndham Lewis (1882–1957)
“The principle that human nature, in its psychological aspects, is nothing more than a product of history and given social relations removes all barriers to coercion and manipulation by the powerful.”
—Noam Chomsky (b. 1928)
“Books of natural history aim commonly to be hasty schedules, or inventories of God’s property, by some clerk. They do not in the least teach the divine view of nature, but the popular view, or rather the popular method of studying nature, and make haste to conduct the persevering pupil only into that dilemma where the professors always dwell.”
—Henry David Thoreau (1817–1862)