ELQ International

ELQ Industries, or Edward Louis Quartermaine Industries, is a multinational conglomerate headquartered in Port Charles. Owned by the wealthy Quartermaines, it is one of the largest businesses in the region. From 1978 until his death in 2012, Edward Quartermaine was the sole owner, and in recent years Tracy Quartermaine has taken over as CEO. It is a rival company with nearby Chandler Enterprises and Buchanan Enterprises.

In 2012, Edward Quartermaine willed 60% to living grandchildren (12% each to A.J., Skye, Dillon, Ned, and Jason), 30% to living great-grandchildren (6% each to Michael, Lila Rae, Brook Lynn, Maya, and Danny), and 5% each to his daughter-in-law Monica and maid Alice. It turned out that A.J. returned shortly before Edward's passing and wanted to be the CEO. A.J. had voting support Michael, Skye, Lila Rae, and Monica. Tracy has voting support from Dillon, Ned, Brook Lynn, Maya, and Alice. Both sides were tied at 41%, making for the time Sam Morgan the deciding factor. She has controlling interest in Jason's and Danny's shares, she decided to split her shares to make both sides at 50%. To break the tie, secondary non-voting shareholders, has the deciding vote. It turned out that Lucy Coe had 1% that Edward didn't get back before he passed away. After Tracy agreed to the terms to underwrite the Nurses' Ball and make Lucy Coe a Co-CEO, Tracy retained as the CEO.