R.E. Michel (Glen Burnie, MD) has purchased significant assets of Kissiah Distributing and its subsidiary, Southernair. They will continue to operate as Kissiah Distributing in Charlotte, NC, and Southernair in Durham, NC.
The fiscal year and fourth quarter ended Feb. 29, 2000, for ACR Group Inc. (Houston, TX). It reported that net income for fiscal 2000 increased 57% to $2,227,000, or $0.20 per diluted share.
Noland Co. (Newport News, VA)
reported first-quarter net income of $2,365,000, or $0.64 per share (fully diluted basis) vs. $822,000 or $0.22 per share for the year-earlier period.
Did you enjoy this article? Click here to subscribe to The NEWS Magazine