MEVA / MEVA

MEVA short for Mevatronics was established in the year 2554 in a small Factory in Lorville on Hurston (Staton I).

The corporation was started by two Engineers that left Hurston Dynamics, John Reeves and Henry Welles, They left Hurston Dynamics, because of the lack of career growth in the company. They described in their own words that the problem with old corporations like Hurston Dynamics was that the company became a mega corporation and that the amount of people that were employed by the company was monumental, thus with such large amounts of employees very few got recognition for their hard work and time, as the climb in the Hurston Dynamics corporate ladder was almost impossible. Thus the two Engineers started their own corporation known as MEVA.

The founders also stated that MEVA was not established to compete with mega corporations such as Hurston Dynamics as it would have been a losing fight from the start. The idea behind MEVA was to become a subcontractor to the mega corporations, where MEVA would specialize in the manufacturing of specific services and goods that the corporations needed, thus leading to a comparative advantage.

In the first 7 years of MEVA’s existence the company struggled to find it’s footing in the competitive market as other corporations had much more capital they could use to try and push out new market competitors. In this time frame MEVA also struggles to figure out what it should specialize in to help it achieve a comparative advantage. The corporation tried to specialize in machining of parts as the capital requirements for the machining equipment was too high, which meant that competators could out compete MEVA. In the 7 year struggle the corporation has accumulated 9 000 000 UEC in debt and in the same timespan it gained 154 employees which lead to salary’s being the biggest expense of the corporation by far, but the Corporation did not lay off any employees as they had something in the works that changed the corporations future forever.

In 2561 MEVA announced it’s new ground breaking discovery of Th-Al batteries which revolutionised the battery, as the Th-Al batteries could last longer when it came to lifetime and discharge time. This discovery established MEVA as a major player in the battery market at the time. The corporation also paid of it’s debts and planned on expanding into new markets as diversification would be the way for the company to survive any future hardships.

In the year 2621 Henry Welles passed away at 81 his co-founder John Reeves bought out all of his shares in MEVA and became the majority shareholder of the company. He also put policies in place for when the day comes when he would pass away and the ownership of the company had to be passed on to someone else. The policies stated the majority of shares shall be passed on to his son, Douglas Reeves.

In the year 2644, John Reeves passes away at the age of 93 and his son Douglas Reeves becomes the new CEO and majority shareholder. At this point the corporation was 90 years old and had 2430 active employees.

For the next 50 years MEVA would see small but constant growth under the leadership of Douglas. The corporation also expanded into new markets such as the machining, computer chip manufacturing, etc. , where high amounts of capital is needed to be competative. This lead to MEVA becoming a multi-million UEC corporation with the amount of assets it has aquired to be competative in manufacturing. MEVA also expanded it’s operations to New Babbage on Microtech in this time. And the total number of active employees was 3214 at the end of the 50 years.

In 2695 Douglas Reeves passes away at 102 and the new majority shareholder and CEO of MEVA is his son James Reeves.
James served as CEO for 30 years and retired at the age of 70 as he did not want to work himself to death as his father did, He temporarily made Sara Zharkofsky CEO of MEVA in 2725, with the condition that when he passes away the title be handed to his offspring.

In 2754 James Reeves passes away at the age of 99, The title of CEO and the majority of shares are handed to his son George Reeves who was 35 at the time.

George effienciently managed the Corporation for the next 50 years and prioritized making the current operations of MEVA more effiecient by lowering cost. In this time George focused more on automation and cost cutting which made the company much more profitable. The number of employees remained near contstant in the entire timespan. MEVA’s liquidity also went up significantly in this timespan as more profits where being made.

In 2805 George Reeves passes away at the age of 85 and his Son, Gerald Reeves became CEO and majority shareholder at the age of 30.

Gerald managed MEVA for the next 43 years as CEO, He planned and succeeded in broadening the corporations portfolio of operations by getting MEVA to be an active player in the space trade, by aquiring a small fleet of cheap cargo haulers which the corporation used to transport goods.

In 2848 Gerald retires as CEO at the age of 73. He appointed his son Jack Reeves as CEO at the age of 25, this change was a very controversial one among the board members of the time as they believed Jack was too young to run MEVA.

For the next 60 years Jack Reeves proved everone wrong who believed that he was too young to run a big corporation like MEVA. He grew MEVA to a billion UEC corporation and expanded the operations of the company substantially. He expanded the corporations space operations by incorporating mining and exploring which being coupled with the already established MEVA trade network lead to a massive boost in profits for the corporation. He also expanded the corporation into other sources of income generation that will not be named for legal reasons. With the higher profits that was generated from the new ventures he also upgraded the trade fleet of MEVA to more modern ships. In this 60 year timespan Gerald Reeves, former CEO of MEVA passes away at the age of 95. Jack thus became the majority shareholder in the corporation.

In 2908 Jack Reeves passes away at the age of 85 and his son Axel Reeves at age 45, became the next CEO and majority shareholder in MEVA.

Axel Reeves stabilised MEVA, because his father’s rapid expansion lead to a uneasy liquidity position. He also made operations run smoother and more effienciently thus prolonging the lifespan of the corporation.
After 35 years Axel retired as CEO at age 80 and appointed his daughter, Marie Reeves as CEO of MEVA.

In 2945 Axel Reeves passes away at the age of 82. Thus making Marie Reeves majority shareholder in MEVA.