Brunswick Bowling & Billiards Purchases Vulcan Corporation's Share in Bowling Pin Venture
19 März 2004 - 8:12PM
PR Newswire (US)
Brunswick Bowling & Billiards Purchases Vulcan Corporation's
Share in Bowling Pin Venture LAKE FOREST, Ill., March 19
/PRNewswire/ -- Brunswick Bowling & Billiards and Vulcan
Corporation announced today that Brunswick has purchased Vulcan's
interestin the companies' bowling pin manufacturing partnership,
the Vulcan- Brunswick Bowling Pin Company. As a result of the
transaction, Brunswick will assume full ownership of the venture's
bowling pin manufacturing operation in Antigo, Wis., along with
Vulcan's bowling pin sales operation. Terms of the transaction were
not disclosed. Brunswick Bowling & Billiards President Peter B.
Hamilton said, "Brunswick and Vulcan have enjoyed a mutually
successful manufacturing operation for nearly 14 years, andwe are
grateful to Vulcan for their partnership. With full ownership of
the manufacturing operation, and acquisition of Vulcan's pin sales
business, Brunswick is positioned to further enhance our presence
in the bowling pin business. Bowling pins areone of the fundamental
components of bowling, and the Antigo facility provides an
excellent platform to supply the finest pins in the world."
Benjamin Gettler, president of Vulcan Corporation, said, "We have
had a very fruitful relationship with Brunswick for many years. We
intend to cooperate with them in every way in strengthening their
position in the bowling industry." Headquartered in Lake Forest,
Ill., Brunswick Bowling & Billiards manufactures and sells
bowling capital equipment, parts and supplies, balls, and bowling
consumer accessories. It also operates Brunswick Bowling centers as
well as manufactures and sells Brunswick Billiards tables, related
accessories, foosball tables, game room furniture and Air Hockey
tables and Valley-Dynamo pool, Air Hockey and foosball tables. For
more information, visit http://www.brunswick.com/ . DATASOURCE:
Brunswick Bowling & Billiards CONTACT: Dan Kubera, Director -
Public and Financial Relations of Brunswick Bowling &
Billiards, +1-847-735-4617 Web site: http://www.brunswick.com/
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