FYI

Manufacturers: Lennox International Inc., Research Products Corp., Buderus Group, AG, York International

August 17, 2000
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Lennox International Inc. (Dallas, TX) announces that it has entered into a relationship with BayBuilder (Boca Raton, FL), provider of an Internet procurement price negotiation tool, to enhance its global procurement efficiencies. The company says it has selected the BayBuilder Reverse Auction for Procurement™ platform to create global economies of scale and supply chain efficiencies with its suppliers and trading partners over the Internet.

Buderus Group, AG (Wetzlar, Germany) announces its financial results for the nine-month period ending June 30. The company increased sales by 4% to DM 2,510 million (EUR 1,283 million) and pre-tax profit by 21% to DM 198 million (EUR 101 million) from the previous year’s period.

The U-10 unlimited hydroplane sponsored by York International (York, PA) flipped and was extensively damaged at the recent Seattle race, but driver Mark Weber was uninjured. The boat remains in second place in the overall standings.

Publication date: 08/21/2000

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