11.   He added that both companies have created subsidiaries that encourage customers to manage their energy consumption by using appliances in off-peak hours.

12.   In June, Fetner, president of Jaco Custom Builders, in Hauppauge, N.Y., created a subsidiary, Residential Steel Framers Inc.

13.   Instead, it decided to create the subsidiary.

14.   It has also created subsidiaries for biotechnology drugs and for predictive medicine, like tests to identify genetic conditions showing a predisposition to diseases or adverse drug reactions.

15.   Last year, Norfolk Southern created a subsidiary, Thoroughbred Technology and Telecommunications, or T-Cubed, to take part in the telecom industry.

16.   Mercantile has created a subsidiary, the Missouri Tax Credit Clearinghouse, that buys tax credits from nonprofit organizations and community redevelopment projects, then sells them to investors.

17.   Nonprofit organizations create for-profit subsidiaries for a variety of business reasons.

18.   Or the company can create a subsidiary that takes over responsibility for those assets and businesses and issue shares in the company to its existing shareholders.

19.   Some bank holding companies, for example, have been forced to create separate subsidiaries in each state in which they operate.

20.   Tadiran Ltd. said it would create separate subsidiaries out of what had been one business, its military communications and data-transfer operations.