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.
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FEY 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.
Read MoreBankers Advertising Company Names New Sales Manager
Bankers Advertising Company, Iowa City, Iowa, has hired a new sales manager, Melanie Lamb.
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.
Read MoreThe Real Reason Industry E-commerce Firms are Growing Faster Than You
By now you have heard the fact that overall industry firms grew at 1 percent, while industry online firms grew at 33 percent. According to PPAI research, “The proportion of online sales compared to total sales in the industry increased by 4 percentage points from 13.6 percent in 2013 to 17.9 percent in 2014.” Wait, you have valuable relationships and great service, yet overall online firms are growing faster than traditional firms? Why is that?
Read MoreInnerWorkings Named AstraZeneca’s Exclusive Marketing Partner
Chicago-based InnerWorkings Inc. has become the exclusive North American marketing execution partner of AstraZeneca, a biopharmaceutical company operating in more than 100 countries.
Read MoreCleggPromo Promotes Employee to National Sales Director
CleggPromo Inc., Gardena, Calif., promoted one of its sales reps to national sales director.
Read MoreImprintsUSA Offers iPhone 6 and 6 Plus Cases
Philadelphia-based ImprintsUSA now offers iPhone 6 and 6+ cases with vibrant sublimated images.
Read MoreTechnologo Announces New Packages and Pricing for Virtual Sample Solutions
Costa Mesa, California-based Technologo has announced new virtual sample solutions packages and pricing, designed to make its solutions accessible to businesses of any size.
For suppliers, there are two new packages: vSample and vSample Max.
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Vernon Graphics Adds Orr and Flaherty to Management Team
The Vernon Company, Newton, Iowa, recently announced that it has hired two new managers for its Vernon Graphics division, a large-format screen printer specializing in fleet and vehicle graphics.
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