Tuesday, June 11, 2002

Peerless consolidating operations to Sidney



The Associated Press

        SIDNEY, Ohio — The Peerless Group plans to move operations from its businesses in Chicago and Florida to its manufacturing plant in southwest Ohio.

        Peerless announced Monday that it will spend $1.8 million to expand its plant in Sidney to accommodate the consolidation. The expansion is expected to be finished by the end of 2002.

        Peerless is based in Sidney and makes food-processing equipment. It has annual sales of $40 million.

        The company plans to consolidate Peters Biscuit & Cracker Machinery of Chicago and Fedco Bakery & Food Processing Equipment of Odessa, Fla., within the next year.

        Some employees from the other plants will move to Sidney, a company spokeswoman said.

        The Sidney plant now has 120 workers. The number will increase to 200 when the consolidation is complete.

       



Erpenbeck victims can join class action
Home market begins to favor the buyers
Comair closing Orlando hub
Palm gets new OS
Adelphia fires accounting firm
- Peerless consolidating operations to Sidney
R.I., Idaho led U.S.'s growth
Nordstrom.com CEO, president resign
SEC settles dispute with Ashford.com, Amazon.com
Venture capitalists sustained 27.8 percent loss during 2001
Business Digest
Morning Memo
Tristate Summary
What's the Buzz?