Butler National Corp. announces opening of first VALU FOODS store prototype; expects to expand concept soon.OLATHE, Kan.--(BUSINESS WIRE)--Sept. 19, 1996--Butler National Corp. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :BUKS) announced that it has started a market test of a new concept in food distribution with the opening of its first VALU VALU Vector Arithmetic Logic Unit FOODS retail outlet retail outlet n → punto de venta retail outlet n → point m de vente retail outlet retail n → . The first store, the VALU FOODS of BURLINGTON franchise is located in Burlington, Kan., a city of 2,735 the county seat of Coffey County, population 9,370. The target of the VALU FOODS market test is the small rural community, far removed from any type of discount food outlet. A typical 1,000 square foot store, like the Burlington, Kan., prototype, is equipped to sell frozen center-of-the-plate items such as chicken, beef, fish, pasta While the only basic difference between these names is the shape of the pasta, each pasta is typically matched with a particular sauce based on cooking time, consistency, ability to hold sauce, ease of eating, etc. , vegetables and various frozen desserts. The products are restaurant quality. They are offered every day to individuals at prices less than price clubs or discount food chains, and below normal supermarket prices. The model customer is the American family American Family is a photographic artwork exhibition by Renée Cox. See also
U-shaped stainless steel or vitallium units with sharp points used for surgical fixation. epiphyseal staples used to staple epiphysis to metaphysis; have metal bracing at the corners. . VALU FOODS purchases all products for resale resale n. selling again, particularly at retail. In many states a "resale license" or "resale number" is required so that the state can monitor the collection of sales tax on retail sales. RESALE. through the vast network of buying resources at Redi Foods. In addition to marketing directly to the public in small- to medium-sized cities in rural America, VALU FOODS plans to test the market for direct sales in the rural market areas to local restaurants, schools, hospitals and other institutions. The market plan outlines how these establishments can benefit from VALU FOODS' high-quality, low-cost product lines with local service. The market test is planned to be expanded to a second store now under construction in Eastern Kansas. Several other locations are being considered to further test the distribution concept. Assuming a successful completion of the market tests, the VALU FOODS concept should enhance the retail distribution capabilities of Butler's growing food distribution division, Redi Foods Inc. (RFI (Radio Frequency Interference) High-frequency electromagnetic waves that emanate from electronic devices such as chips. RFI - Radio Frequency Interference ). Butler National acquired RFI in 1994. When acquired, RFI reported annual gross revenues of $6.6 million. For Butler's latest quarter, just reported, RFI had revenues of $4.7 million, an increase of 47.9% over the previous quarter. Management Comments: "We are proud of our Food Distribution team for the creative development of this marketing and distribution concept. We expect test results to be positive and expect to expand the concept using prudent business planning in the best interest of the Butler National shareholders," commented Clark D. Stewart, president of the company. Our Business: Butler National Corp. operates in the aerospace and services business segments. The Services segment includes food distribution, electronic monitoring of water pumping The pumping of water is a basic and practical technique, far more practical than scooping it up with one's hands or lifting it in a hand-held bucket. This is true whether the water is drawn from a fresh source, moved to a needed location, purified, or used for irrigation, washing, or stations, temporary employee services and plans to include management services for Indian gaming enterprises. Aerospace includes the manufacture of switching equipment for McDonnell-Douglas aircraft and structural modification of business aircraft. CONTACT: Butler National Corp. Edward J. Matukewicz, 913/780-9595 |
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