Karts International Incorporated Acquires USA Industries, Inc.
Commenting on the acquisition, V. Lynn Graybill, CEO of Karts International stated, "Both strategically and financially USA Industries is a great addition to our company. This acquisition clearly strengthens our position as a leader in the kart industry."
Karts International Incorporated, through its wholly owned subsidiary, Brister's Thunder Karts, Inc., is one of the largest manufacturers of recreational go-karts in the United States. Karts International Incorporated acquired Brister's Thunder Karts, Inc., located in Roseland, Louisiana on March 15, 1996.
SOURCE Karts International Incorporated
/CONTACT: Tim Halter of Halter Financial Group, Inc., 972-233-0300, for Karts International Incorporated/
CO: Karts International Incorporated; USA Industries, Inc. ST: Louisiana, Alabama IN: AUT LEI SU: TNM
HD-DC -- NYTU050 -- 4279 11/26/96 10:10 EST http://www.prnewswire.com
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|Date:||Nov 26, 1996|
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