Playcore, planning to expand with help of purchases, sees double-digit growth

Article Abstract:

Playcore Inc.'s CEO Frederic Contino spent over 12 years at Newell Co., the housewares company planning to acquire Rubbermaid. He wants to take Playcore of Janesville, Wis., into a high-growth, lean and profitable stratum with acquisitions, cost-cutting and good management much the way Newell does it. Playcore makes outdoor playground equipment. So far it has acquired GameTime of Alabama, and Pentes Play of North Carolina. Pentes is an indoor equipment maker which should help the company be a little less seasonal in its sales and profits.

Sporting and athletic goods, not elsewhere classified, Sporting and Athletic Goods Manufacturing, Playground & Gym Equipment, Planning, Finance, Abstract, Playgrounds, Playcore Inc.

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Power Co. filing lists $236 million in claims against trading firm

Article Abstract:

Power Co. of America LP stated that it had approximately $236 million in claims against it in filed court papers. The company, a power trading firm in Connecticut, was hit hard by the unstable wholesale market in the Midwestern US. Just a few weeks before the court papers were filed, Power Co. was forced by four creditors to file for Chapter 11 bankruptcy.

Comment:

States that it had approximately $236 million in claims against it in filed court papers

Electric Utilities, Electric Power Generation, Transmission and Distribution, Company Planning/Goals, Article, Power Company of America L.P.

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