Cohoes, New York-based Mohawk celebrated the grand opening of a new envelope converting facility in the town of South Hadley, Massachusetts.
BrandAlliance Inc., A Brand Company Announce Merger to Create $90 Million Promotional Marketing Company
Toronto, Ontario-based BrandAlliance Inc., named Canada’s 2015 Distributor of the Year by the Promotional Product Professionals of Canada, today announced a definitive merger agreement with A Brand Company, Charlotte, N.C. This amalgamation between two of the top 50 distributors will represent combined annual sales of $90 million.
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Four years ago, we brought our car into a neighborhood mechanic’s business. It looked pretty typical from the outside—two bays, cinder block building and a NAPA sign and display or two inside. Cliff, the owner, had just moved back to Michigan and had the entrepreneurial spirit.
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Ad Bands, Hot Springs, Ark., recently released SpyderWeb, a new product designed to aid in tablet gripping. The band firmly grasps the device, allowing users to securely grasp tablets by easily slipping their hand in place.
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Rainkist Umbrella Adds New Representative
Edison, New Jersey-based Rainkist recently announced Walter Brzyski of Team WalterB as the newest addition to the Rainkist Umbrella sales force, covering New York, New Jersey, Pennsylvania, Maryland, Delaware and Washington, D.C.
Read MoreHanesBrands Declares Regular Quarterly Cash Dividend
HanesBrands Inc., Winston-Salem, N.C., today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.10 per share to be paid Sept. 9, 2015, for stockholders of record at the close of business Aug. 18, 2015.
Read MoreFEY Promotional Products Group Celebrates 50 Years
FEY Promotional Products Group, Edgerton, Minn., recently celebrated its 50th year in the promotional industry with a day-long event in Edgerton.
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Read MorePro Towels Acquires Kanata Blanket Company
Effective August 2015, Pro Towels, Pittsburgh, will acquire Richmond, British Columbia-based supplier Kanata Blanket Company.
“The addition of Kanata Blanket Company enables Pro Towels to become an even more diverse line, complementing our existing products perfectly and offering us an even greater presence in the fourth-quarter gift-giving season. We are now truly a company for all seasons,” said Kevin Nord, president of Pro Towels.
Kanata Blanket Company has been a part of the promotional products industry since 1993, specializing in blankets, décor and lifestyle products. It was the recipient of the Best Blanket Supplier award in the Counselor Distributor Choice Awards since the inception of this category.
“Kanata’s exceptional reputation within the Promotional Products Industry for innovative products and outstanding service was one of the major factors in our decision to purchase them, mirroring our commitment to exceed customer expectations,” Nord added. Both the Pro Towels and Kanata Blanket Company brands will be maintained as well as their respective industry identifiers.
Fraser Mackay, president of Kanata Blanket Company, believes that the purchase by Pro Towels will enable each company to better serve its respective customer bases in the U.S. and Canada. “By combining our operational capabilities, product lines and geographic footprints, we will be able to provide excellence in every way to our distributor customers,” said McKay. “This will be enhanced by East and West Coast U.S. distribution for faster lead times, and the Kanata facility in Canada offering the best-selling towels from Pro Towels to the Canadian market. This is an extremely exciting opportunity for Kanata, and we are very proud to become part of the dynamic Pro Towels organization.”
Mackay will continue to oversee Kanata Blanket Company in Canada as executive vice president, with no changes in operating direction planned as part of the sale. Brian Porter will expand his role as vice president of sales to cover both the U.S. and Canadian markets. Jessica McKinnon will remain as Canadian sales manager based in Richmond, British Columbia, and assisted by Devon Manwaring. Sharon Griffith will assume the role of vice president of marketing for both the U.S. and Canada.
For more information on Pro Towels, visit www.protowels.com. For more information on Kanata Blanket Company, visit www.kanatablanket.com.
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