Incentive Concepts Ltd (asi/62536) has been acquired by St. Louis-based
investment group, Eagle Fund I. The terms of the deal were not revealed. Jeffrey
Reinberg has been named the new president and CEO of the firm which specializes
in high-end incentive awards. Shelby Anderson III, founder and former owner,
will stay on during the temporary transition period. He said the move would “allow
us to move forward aggressively as the incentive industry also expands.” As
for the near future, the company’s strategy will remain the same, says
Barry Hana, vice president of sales and marketing: “We have a number of
commitments to meet before we can really get started and I would say that that
process is just beginning now. Hopefully by 2006, we will be in pretty good shape
in regards to the planning process.”
WW Group (asi/94252) is closed for the remainder of the week due to
local fuel shortages. The company sustained no damage from the storm and has
both phone and electrical service. They will re-open Monday 31st.
Far East (asi/53677) is
open for business but Fed
Ex shipments are delayed
due to the closure of the
West Palm Beach Airport because
of storm damage.
SPCS Acquires Kreations,
Moves Toward One-Stop Shop
Marketing LLC (asi/316091)
has acquired Kreations Custom
Embroidery, a non-industry
embroiderer in La Crescent,
MN. Details were not disclosed,
other than it was a cash purchase
and total buyout. Kreations
has been relocated to SPCS’ Holmen,
WI, location. “We’ve
wanted to be a one-stop shop
for clients for some time,
and this was a way of allowing
it to happen,” explains
Paula Zastrom, SPCS co-owner. “We
had already been offering screenprinting
and custom heat transfers.
Embroidery was the only thing
we didn’t do in-house.” She
adds that in addition to picking
up Kreations’ entire
client list as new business,
SPCS has also added several
new clients as a result of
its being able to offer embroidery
as a service.
In the News
Bullet Line (asi/42424) has acquired Kwik-Klik/Island Pen Manufacturing
Co (asi/62910), which has been a writing-instrument supplier since 1952.
Terms were not disclosed.
was written up in the Monroeville (PA) Times-Express for
conducting three area
job fairs this week.
A Montgomery (AL) Advertiser article
students in a local
high school creating
and operating their
own business. The name
and field they selected?
Poets Unlimited, a
supplier of imprinted
T-shirts, caps and
Group Inc. (asi/126707)
was recently mentioned
on Nascar.com as
one of the minority-owned
vendors the organization
has partnered with.
the second year in a
row, Educational Outfitters
has been named to Inc. magazine’s
companies in the US.
and Pacific Fleece (asi/75647)
combined forces to help
raise money for the Red
Cross Youth Services
Program with a golf tournament,
which included a free
fleece jacket for each
participant. The event
collected over $5,000.
On The Move
Tervis Tumbler Company (asi/90914) has a new location: 201 Triple Diamond
Boulevard, North Venice FL 34275.
Gameday Giveaway (asi/201362)
has relocated to the Tampa, FL,
International Inc. is moving
to a new location: 1960 Old
Cuthbert Road Suite 120, Cherry
Hill NJ 08034;
phone: (856) 429-7788; fax (856)
From on-time delivery, to superior products and communication, a great supplier
is an invaluable resource to distributor firms. Each year ASI provides distributors
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