We have a lot of new third-quarter data in hand on foodservice and the E&S market. So, with the New Year starting, it’s time to reexamine our forecasts from back in July.Our forecasting partner John Muldowney of Clarity Marketing and I lowered our 2016 and 2017 E&S market forecasts a tad, from the original forecasts…
MORETriMark USA announced December 13 that it will open a new 211,000 sq.ft. free-trade zone (FTZ) warehouse adjacent to Dallas Fort Worth International Airport. When it opens February 1, the new distribution facility will serve as the single point of destination for all of the company’s imported tabletop and smallwares products. The existing Dallas-area warehouse…
MOREWith its eye on doubling sales in the next four years, The WMF Group has announced that Raymond Peden will lead its professional coffee machine business for the Schaerer and WMF brands in the Americas region. His appointment as President of WMF Professional Coffee Machines Americas, official on January 1, unites WMF’s North and South…
MOREAfter 12 years with Standex Refrigerated Solutions Group, Chuck Dullea has announced his retirement as the company’s President, effective January 31, 2017. He joined Nor-Lake Inc. in 2004 as president, and was instrumental in helping it transition from a private company to a publicly traded company environment upon its acquisition by Standex, along with leading…
MORERodney Lomax has joined Heritage Foodservice Group as Business Development Manager-Chain Group Segment. Lomax will be responsible for organizing, directing and interacting with existing and prospective customers to help grow the Heritage Parts retail chain segment business, and support developing strategic and tactical programs that increase the company’s market and brand presence within the U.S. market.…
MOREFoodservice equipment dealer Johnson-Lancaster and Associates, headquartered in Clearwater, Fla., has partnered with Indianapolis-based Schert Foodservice Equipment to form Lancaster-Schert Equipment, LLC. This strategic partnership, announced December 1, will expand Johnson-Lancaster’s presence in the Midwest; the dealership, founded in 1980, already has regional offices in Maryland and Ohio.
The deal will boost Schert’s buying power and capital. The four- year-old firm will continue to manage inventory and service equipment for its K-12 school customers; equipment sales now will go through the newly formed LLC.
Johnson-Lancaster Owner Brad Lancaster will take on a board member role in the newly formed company; Adam Schut will serve as president of Schert and Lancaster-Schert.
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