PLAINVIEW, N.Y. — Spin Holdco, a wholly-owned subsidiary of CSC ServiceWorks, has acquired all of the outstanding common stock of Mac-Gray for $21.25 per share, the company reports.
GOLDEN, Colo. — Advanced Laundry Systems has appointed Hana Kim to its sales team, the company reports. In this newly created position, Kim will focus on growing coin laundry sales for the equipment distributor serving Colorado, Wyoming and surrounding areas.
“Hana comes to us with a wealth of sales experience and an impressive track record of success,” says Diane Burgess, sales representative at Advanced Laundry Systems. “Her fluency in Korean will be an asset and enable [the company] to reach a broader segment of the coin laundry market.”
CHARLOTTE, N.C. — Electrolux is adding 810 new local jobs and expanding its North American headquarters, its second expansion at this location in three years, the company reports.
The new jobs, to be added by the end of 2017, will be in the areas of research and development, marketing, design, engineering, supply chain, finance, information technology and executive management.
Jack Truong, president and CEO of Electrolux Major Appliances North America, was joined by North Carolina Gov. Pat McCrory to celebrate the announcement.
RIPON, Wis. — Alliance Laundry Systems has promoted Jay McDonald to the newly created position of vice president of Speed Queen North American home laundry sales, the company reports. McDonald was vice president of business development for the company prior to the promotion.
In his new role, McDonald will be responsible for the development and implementation of strategies to expand the home dealer network and drive the success of the home laundry product line, which the company is calling a “new growth opportunity.”
NEW YORK — New minimum-wage increases have gone into effect in 13 states, which the Economic Policy Institute estimates will boost the incomes of 2.5 million low-paid workers, the National Employment Law Project (NELP) reports.
ST. JOSEPH, Mich. — Maytag Commercial Laundry is moving the production line of its front-load single-load washers from Monterrey, Mexico, to a 2.4-million-square-foot manufacturing plant in Clyde, Ohio, the company reports, with production beginning in April.
The move is a part of a larger investment to continually advance the commercial front-load washer platform, according to Maytag.
FARMINGDALE, N.Y. — Setomatic Systems recently welcomed Gregg Schantz, assistantmanager of sales and operations, to its staff.He becomes the third generation of his family to join the company.
PHILADELPHIA — Police have released security video of two suspects wanted for the recent robbery of a Laundromat here.
The incident, which occurred in the early-morning hours of Dec. 13, involved two males wearing masks and hooded sweatshirts entering the Laundry Depot, 2548 W. Cheltenham Ave., in West Oak Lane, reports the Philadelphia Police Department.
One of the suspects armed with a handgun forced the store’s attendant to the ground and handcuffed him. A customer was forced to lay face down on the floor.
WASHINGTON — The U.S. Small Business Administration (SBA) has set the borrower upfront fee to zero for all veteran loans authorized under the SBA Express program up to $350,000, the organization reports, which will take effect Jan. 1 and continue through the end of the fiscal year.
ST. JOSEPH, Mich. — Maytag Commercial Laundry recently hosted its Maytag University Commercial Laundry Factory Sales School, which focused on providing its sales representatives in-depth, hands-on training of the company’s multi-segment product portfolio, as well as give attendees an “intensive” session on the coin-store market, the company reports.
Sessions also delved into the company’s energy calculators, financing options and market discussions specific to multi-housing and on-premises segments, according to Maytag.