It kind of got away from us, but we have now posted more than 18,000 live stories. That’s pretty cool considering that just two years ago this month we hit the 12,000 mark.
18,000 Posts
Tuesday, October 25th, 2016International Textile Group Acquired By Platinum Equity
Monday, October 24th, 2016We just received this very exciting announcement from International Textile Group. For those of you unfamiliar with the name, ITG’s businesses include: Burlington, Cone Denim, Safety Components and Carlisle Finishing. The company employs approximately 4,800 people worldwide with operations in the United States, Mexico and China. Of you wear our nation’s uniform, you know ITG.
October 24, 2016, Greensboro, NC – International Textile Group, Inc. (ITG or the Company) announced today that it has been acquired by Platinum Equity through a completed merger with an affiliate of Platinum Equity. In the merger transaction, a newly formed Platinum Equity affiliate merged with and into ITG, with ITG continuing as the surviving corporation and as a privately-held Platinum Equity portfolio company. ITG’s common stock has ceased to be publicly traded, and former ITG stockholders will receive information from Continental Stock Transfer & Trust Company, the paying agent in the merger, on how to receive the cash consideration for their shares of ITG common stock, in the near future.
In order to complete the merger transaction, Platinum Equity acquired all of the debt and equity securities of the Company previously owned by entities managed by WL Ross & Co. LLC and its affiliates.
The merger transaction and related agreements were entered into following the approval of ITG’s Board of Directors, based upon the recommendation of an independent special committee, along with its independent legal and financial advisors, which negotiated the terms and conditions thereof.
Kenneth T. Kunberger, President & CEO of International Textile Group, continues in his role under the new ownership. “This is an exciting time for ITG,” said Kunberger. “We believe Platinum Equity and ITG’s goals and strategies are well aligned and provide a strong foundation on which to further leverage ITG’s performance innovations and brand heritage across our global markets. We look forward to many opportunities ahead.”
Additional information regarding the merger and related transactions will be contained in the Company’s Current Report on Form 8-K relating thereto, expected to be filed with the U.S. Securities and Exchange Commission on the date hereof.
The Q Ball – SHOT Show 2017
Monday, October 24th, 2016Traditionally, Kevin Brittingham has been known for holding some really great SHOT show parties at the Rio’s Voodoo Lounge. If you want to know what a Kevin Brittingham SHOT Show party is like, this video from 2010 features MiniKISS. It was a rocking good time.
Now that he has the new company Q, why should things be any different? In fact, I’d bet The Q Ball will be even better.
You need to four important things about this event: Zip line, party, girls, fun! Sounds great, right? Be Military, Government or an Industry customer, and you are the kind of person this party is meant for. However, it’s invite only, so the only way to get a pass is through a sponsor, or Q. Unfortunately, there is a limited number of passes as the venue holds only about 500 people. There are still sponsorship packages available and interested parties can reach out to jessica@qllcgroup.com for more info.
If a cool party atmosphere wasn’t enough of a reason to go, how about some business? The Q Ball will feature product releases as well as giveaways and an auction to benefit the great work of the Special Operations Care-Fund.
As an aside for those of you who attend all of these parties at SHOT Show, that graphic gives you an idea of what they cost. So think about that next time you’re sucking down booze provided by a company that you’ll never buy a thing from. Vegas isn’t cheap and Q isn’t making money here, they’re just paying the going rate.
You Never Know Where They’ll Show Up
Monday, October 24th, 2016
Red Beach, Guadalcanal. My grandfather served on Guadalcanal. It was some of the roughest fighting in the war in the Pacific. He would never talk about it.
TAC-SAC – Get Your Balls Back America
Sunday, October 23rd, 2016There’s not a lot that needs to be said about the TAC-AC. Rather, it’s something that you get, once youve seen. Unfortunately, in this day and age, the TAC-SAC may be offensive to some, so I’ll suggest you not go to the jump unless you’re sure your career won’t be in jeopardy. (more…)
Team Bianchi’s Kenda Lenseigne Wins Big at 2016 CMSA World Championship
Sunday, October 23rd, 2016
ONTARIO, Calif. – After setting not one, but two, world records at the 2016 Cowboy Mounted Shooting Association (CMSA) National Championship in May, Team Bianchi’s Kenda Lenseigne added another record to her impressive repertoire at the CMSA World Championship in Amarillo, Texas last weekend. In a world record run, Lenseigne won the Cimarron Eliminator CMSA World Champion Cowgirl title.
As one of Cowboy Mounted Shooting’s most renowned competitors, Lenseigne holds numerous titles and records prior to this victory. She has won this event four times before on her champion horse, Justin, between the years of 2005 and 2014. However, this is Lenseigne’s first World Championship win on her mare, Sparky, since retiring Justin last year.
“This win is incredibly special to me,” said Lenseigne. “I knew I could trust in my equipment to perform perfectly, but it is a big feat to be the World Champion in a first year partnership between rider and horse.”
Lenseigne finished the competition in 10.764 seconds, which was 0.12 seconds faster than the previous world record. Beating out the other 163 competitors entered in this category, Lenseigne ended with the overall fastest time for women.
“We are thrilled to congratulate Kenda and Sparky,” said Scott Carnahan, vice president, Safariland and Bianchi. “We are so proud of their accomplishments together and we thank Kenda for continuing to be an incredible ambassador for our brand and the sport.”
Team Safariland members are an integral part of the company’s product development process by regularly testing Safariland materials and products to ensure design and development. During the championship, Lenseigne utilized her Bianchi exclusive Kenda Lenseigne Signature Series Smokechaser™ Cowboy Holster.
For information about Team Safariland and Safariland equipment, please visit www.safariland.com and follow Safariland on Facebook, Instagram and Twitterhttps://twitter.com/SafarilandGroup?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor.
Those Were The Days
Sunday, October 23rd, 2016
ADS Presents – Two Marines, Worlds Apart, Jumping for The Same Purpose
Saturday, October 22nd, 2016
ADS was honored to be a sponsor of the 8th annual Jumping for A Purpose skydiving charity event. Skydive Suffolk and Combat Wounded Coalition partnered together with the ultimate goal of giving our wounded warriors renewed hope and inspiration. Skydiving is a feat most people wouldn’t do even if they weren’t injured. This event reminds our wounded warriors that they too are capable of anything and it teaches them to continue to live life to the fullest despite their debilitating injuries.
During opening remarks, Jay Redman, founder of Combat Wounded Coalition & Wounded Wear and also a wounded warrior, described the brief moment of hesitation before jumping out of a plane 10,000 feet in the air as a moment where “wounded warriors recognize once again that they’re still alive and can live greatly and overcome anything.”
Also in attendance were several event sponsors, non-profit organizations and Virginia delegates including Virginia Senator, 8th District, Bill DeSteph and Suffolk Mayor Linda Johnson. Mayor Johnson had this to say in the opening ceremony:
“To have this event in our city is such an honor. The morning left me feeling so inspired and grateful for the heroes that build, protect and defend our country. Watching the Gold Star Flag come down through the clouds was a chilling reminder of the sacrifices families have made for us. Thank you to all who make these events possible. God bless our warriors and our country.”
– Mayor Linda Johnson, Suffolk, VA
A total of 10 wounded warriors and 5 Gold Star family members were sponsored to skydive. ADS had the unique opportunity to meet these brave men and women first hand, to hear their story and share in their joy as a result of this event.
For two American heroes, the time and experience they had while serving are worlds apart but their purpose for jumping is very much the same.
A total of 10 wounded warriors and 5 Gold Star family members were sponsored to skydive. ADS had the unique opportunity to meet these brave men and women first hand, to hear their story and share in their joy as a result of this event.
For two American heroes, the time and experience they had while serving are worlds apart but their purpose for jumping is very much the same.
To read more, visit adsinc.com/two-marines-worlds-apart-jumping-purpose.
