Promotions Acquires Four Star
Beacon Promotions Inc. (asi/39250) has acquired Four Star Incentives
Inc. (asi/55207) of Niles, IL. Four Star is a supplier of brand name
products from companies including Canon, Sony and Waterford.
which has over 70 employees and
annual revenue of over $7 million,
has already moved all of Four Star’s
operations to its headquarters
in New Ulm, MN. All Four Star phone
and fax numbers, office and web
addresses will continue to function.
Former president of Four Star,
Bruce Schermerhorn, has accepted
a position as Beacon vice president
of sales. Six other employees of
Four Star are seeking opportunities
were very interested in having the brand
names Four Star had,” says Arthur
Olsen, president and CEO of Beacon. “We
expect to maintain and substantially
grow Four Star’s business through
sales and marketing efforts.” Beacon
plans to publish a special catalog with
Four Star’s items in addition to
featuring them at all of Beacon’s
trade show exhibits.
Knitwear Files Bankruptcy
Anvil Knitwear Inc. (asi/36350) and its parent, Anvil Holdings Inc.,
filed for Chapter 11 bankruptcy protection with the U.S. Bankruptcy Court in
the Southern District of New York. The filing is for reorganization, so Anvil
will stay in business and there will be no interruption of service. “It’s
a balance-sheet reorganization,” says President Anthony Corsano. “We’re
going to take debt and convert it to equity. There’s no change to the operational
side of the business. There are no conversations about closing. It hasn’t
come up once. In fact, we are in the process of moving into a brand-new textile
facility in Honduras and it’s going really well.”
lists its assets at $110.7
million against liabilities
of $244.6 million in
its filing with the SEC.
It was granted a $40
loan last week by the
bankruptcy court to help
in recovery. Corsano
would not go into detail
about the reason for
the bankruptcy versus
an extension of credit,
but did say any other
way would have been too
majority of that debt
comes due in March 2007,” he
says. “It would
have been very difficult
during the manufacturing
transition to pay that
off and replace it with
a new offering debt.
It just made more sense
to convert that to equity.” The
27 year-old company employs
over 4,200 workers.
will be able
any ESP Online
to the client
in a CenterStage™ presentation.
Moreover, CenterStage™ now
themes in addition
all data fields
to be edited
in both current
and saved presentations.
To find out
more, log in
to ESP Online
and click on “Help” followed
of the drop-down
You can also
go to www.asicentral.com/esp,
for a comprehensive
Gordon, has been purchased by Sean Walsh. The company has been in business for
over a decade and its trade show division is about eight years old. Walsh has
spent his entire career in transportation logistics at companies such as the
Excell Freight Company. Walsh says, “(Gordon) has built a real niche for
herself within this industry and I want to carry that on.”
to be the
in the industry – it’s
plan to maintain
of $1.1 million.
Now For The Counselor Distributor
on-time delivery to superior
products and communication,
a great supplier is an invaluable
resource to distributor firms.
Now’s the time to recognize
these top supplier firms by casting your vote in the Counselor Distributor Choice
Awards. Each distributorship is invited to cast its vote by going to www.asicentral.com/asiawads.
By voting you’ll also be entered into a drawing for one of 10 free year-long
subscriptions to Counselor magazine.
Leno To Perform
tickets available until
December 15 for ASI
member distributors and
and host of the top-rated
program, NBC’s The
Tonight Show will
perform at The
ASI Show Las
Vegas on March
by SnugZ USA,
ASI Show will
be at the Las
Leno helped celebrate the
5th anniversary of ASI
Las Vegas and The
ASI Show is
honored that he has agreed
to return to mark the 10th
annual show. ASI distributor
and exhibitor member companies
will receive two free tickets
to this private event when
they register by December
Allegra Print & Imaging
(asi/372419) announced that it will be
awarding $20,000 in printing grants to local nonprofit organizations.
Marketing LLC (asi/141964)
has been named
the preferred promotional
for the 2006 season
of the NHL’s
Jack Nadel International
honored at last
of California (SAAC)
the Above and Beyond
Award and Shelly
Slubowski was named
of the Year.
Team Inc. (asi/261887)
has a new address:
707 Lake Cook Road
Suite 108 Deerfield,
IL 60015. The company’s
phone and fax numbers
have not changed.
selected at random
its October winners
for its Customer
It's A Name Thing
won the $250 first
by Westmark (asi/230632)
won the $150 second
prize and J. Crawford & Associates
won the $50 third
ranked #168 on
Top 200 List. The
its rankings on
sales from the
Sonoma Pins Etc
has changed its
named to Sonoma
to reflect the
On The Move Proforma
Fields & Associates,
At Your Service,
Local & Global,
Gill Studios Inc.
Manager Jim Nail
will be retiring
effective at the
end of this year.
The Vernon Company
Michael P. Sands
is no longer affiliated
with the company
and has not been
since July 2004.
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following are upcoming dates and
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If you'd like us to send Counselor
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your company (or to your off-site sales
reps), just send us a list of email addresses
to CounselorPromoGram@asicentral.com and
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