Aurafin OroAmerica Agrees to Acquire Assets of Little & Co.Business Editors TAMARAC, Fla.--(BUSINESS WIRE)--Jan. 29, 2002 Aurafin OroAmerica LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. based in Fort Lauderdale Fort Lauderdale (lô`dərdāl), residential, commercial, and resort city (1990 pop. 149,377), seat of Broward co., SE Fla., on the Atlantic coast; settled around a fort built (c.1837) in the Seminole War, inc. 1911. , Fla., has agreed to acquire the assets of Providence, Rhode Island  “Providence” redirects here. For other uses, see Providence (disambiguation). Providence is the capital and the most populous city of the U.S. based Little & Company. Founded in 1906, Little & Company specializes in the manufacture of popularly priced karat karat A measure of the purity of gold. Pure gold is indicated by the label 24 karat. See also fineness. gold earrings having produced and distributed over 2 million pairs in 2001. Little & Company's vertical manufacturing operations include a mill division that forms gold tubing used in earring earring, a personal adornment, sometimes an amulet, worn attached to the ear lobe. Since prehistoric times the ear has been pierced for the insertion of the earring; certain primitive tribes distort the lobe with plugs several inches in diameter or with heavy stones. production Bill Krolicki, President and C.E.O. of Little & Company said, "Little and Company is excited by the opportunity to join in Aurafin OroAmerica's growing success." Michael Gusky, Chairman and C.E.O. of Aurafin OroAmerica said: "The addition of Little & Co.'s earring manufacturing expertise further enhances Aurafin OroAmerica's price-pointed karat gold jewelry line. Combining greater control of the supply chain and our distribution strength allows us to better serve the increasing demands of the nation's largest retailers." Joe Pennacchio, President and C.O.O. added, "This latest acquisition was an ideal fit into our consolidation strategy. The karat gold earring category provides significant growth opportunities, particularly in the high volume value-priced mass merchant channel." Aurafin OroAmerica, celebrating its twentieth anniversary this year, manufactures and distributes fine karat gold jewelry to retail jewelers, jewelry chain stores, discount stores, department stores, and television shopping networks under the Aurafin(R) Gold Jewelry, OroAmerica(R) and Leach & Garner(R) Gold brands. |
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