Everything about Chas T Main totally explained
Chas. T. Main Inc. was founded in 1893 by Charles T. Main, an engineer for the textile mills of
New England. In addition to the traditional business of water and steam power, Main soon expanded into the new field of
hydroelectric generators. It rose to become a world-wide player in the utility industries, providing many wide-ranging engineering services. For example, in the mid-1950's Charles T. Main was responsible for the building of a hydro-electric plant in Turkey, a plant visited by the Shah of Iran during his effort to modernize Iran.
According to
John Perkins, Main Inc. was additionally a consulting firm, which trapped
Third World countries into international
debts they couldn't repay. He published his account in "
Confessions of an Economic Hit Man".
In the late 1980s, mismanagement lead to the downfall of Main and it was bought by
Parsons Corporation of Pasadena, California.
Chas T. Main, Inc. changed its name to
Parsons Main, Inc. in January of 1992.
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