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In January 1993, the Mobile Tencel plant reached full production levels of 20,000 tons per year, by which time Courtaulds had spent £100 million and 10 years on Tencel development. Tencel revenues for 1993 were estimated as likely to be £50 million. A second plant in Mobile was planned. By 2004, production had quadrupled to 80,000 tons.
Amazon MGM Studios, formerly Amazon Studios, is an American film and television production and distribution studio owned by Amazon launched in 2010. It took its current name in 2023 following its merger with MGM Holdings , which Amazon had acquired the year prior.
Amazon was founded on July 5, 1994, by Jeff Bezos in Bellevue, Washington. [6] The company originally started as an online marketplace for books but gradually expanded its offerings to include a wide range of product categories. This diversification led to it being referred to as "The Everything Store". [7]