A Scottish family-owned furniture retail chain has secured vital new storage space that will increase its delivery capacity and pave the way for growth in online sales, thanks to Clydesdale Bank. Furniture Mountain – which formerly ...
Tags: furniture retail chain, Deliver
LAS VEGAS — Motion upholstery resource Barcalounger has signed a lease for a new permanent showroom at the Las Vegas Market, which opens Sunday. The new exhibit space in World Market Center A-948 will allow the company to show a ...
Tags: Barcalounger, Larry Smith, H.Home, Row One
H.I.G. Capital, LLC ("H.I.G."), a leading global private equity investment firm with more than $13 billion of equity capital under management, announced today that it has completed the sale of its portfolio company MagnaCare Holdings, Inc. ...
Tags: H.I.G., MagnaCare Holdings, EBITDA, successful investment
Intrawest Resorts Holdings, Inc. commenced an initial public offering Tuesday that is expected to raise about $50 million for the operator of seven mountain resorts and $200 million for Fortress Investments, which acquired control of the ...
Tags: Sporting Goods, Recreation
Packaging firm Ossid, powered by Pro Mach, will introduce a fully integrated packaging line at the upcoming 2014 International Production and Processing Expo (IPPE) scheduled to be held during 28-30 January 2014 at Georgia World Congress ...
Tags: Integrated Packaging, Packaging
IBM today announced plans to commit $1.2 billion (£730 million) to expand its global cloud footprint through a number of new data centres set to open this year. The company said it will use the money to open up to 15 new data ...
Tags: IBM, Computer Products
Bananas deemed "too unhealthy" for monkeys If you've made a New Year's resolution to diet after your festive blow-out, here's a tip from a bunch of monkeys – avoid the bananas. Animals at Paignton Zoo Environmental Park in Devon ...
Tags: health kick, unhealthy, diet
Analytics solutions and services provider Standard Register has launched the first on-demand labeling application that enables businesses to order UL/CUL approved digital labels online. Running on Standard Register's SMARTworks ...
A ground-penetrating bomb, minus its nuclear components, rammed through a target at the remote Coyote Canyon test range last month in Sandia National Laboratories' first such rocket-driven impact test in seven years. Engineers said the ...
Tags: Nonnuclear Components, Electronics
Amcor is in the process of acquiring some of the assets of PET pioneer company, Constar International Holdings LLC. Constar goes back to the 1960s and developed the two litre PET soda bottle in the 1980s. Constar has been working its way ...
Tags: Amcor, acquisition, Constar
The Equipment Leasing and Finance Association (ELFA) which represents the $827 billion equipment finance sector, revealed its Top 10 Equipment Acquisition Trends for 2014. Given U.S. businesses, nonprofits and government agencies will spend ...
North American packaging machinery provider Pro Mach has completed the acquisition of the French capping solutions provider Ets. André Zalkin & Cie for an undisclosed amount. As part of the acquisition, the management team and ...
Tags: Pro Mach, Acquisition, AndrZalkin, Packaging Machinery
Those who closely watch the Canadian transportation mergers and acquisitions scene have been bemoaning a lack of activity thus far in 2013. That silence was shattered in mid-November, beginning with the blockbuster acquisition of Yanke ...
Tags: Canadian, transportation, acquisition, merger
GE Energy Financial Services, a unit of GE (NYSE:GE), has formed its third partnership with a Vess Oil Corp. affiliate to purchase oil reserves in East Texas for $108 million. The partnership is acquiring approximately 13,000 net acres and ...
Tags: GE Energy Financial Services, Vess Oil, East Texas, oil reserves
Schnitzer Steel Industries, Inc. reported Wednesday an adjusted loss per share of $(0.18) and a loss per share of $(0.23) for its fiscal 2014 first quarter ended November 30, 2013. Adjusted results for the first quarter exclude a $2 ...
Tags: Schnitzer, Net Loss, Steel News