James City County continues to be an attractive community for new residents. The Countyâs population has grown from 48,102 people in 2000 to more than 70,000 in 2013. Source: U.S. Census, James City County. 2013 Estimate: 70,376 (provided by staff).
Difference Between an Affiliate & Subsidiary. To qualify as a subsidiary or an affiliate, a company must be publicly traded. When companies own a percentage of other companies' stock, these other companies are considered either affiliates or subsidiaries. According to Business Dictionary.com and The Free Dictionary.com, the main difference between an affiliate and a subsidiary is the percentage of the business's stock another company owns. A parent company is a company that owns enough of another companyâs stocks to enable it to control the other company.
Subsidiary companies are companies owned by a parent company. Subsidiary companies are separate legal entities created by the parent company or another party. Subsidiaries are not divisions of the parent company -- divisions are incorporated into the parent company and not legally separate. A subsidiary company is sometimes referred to as a âdaughter companyâ to the parent or holding company. A subsidiary company can have controlling interests in its own set of subsidiary companies. Wholly-owned subsidiaries are 100 percent owned by the parent company.