Paladin announces acquisition.Paladin Paladin archetypal gunman who leaves a calling card. [TV: Have Gun, Will Travel in Terrace, I, 341] See : Wild West , Cedar Rapids, Iowa, has announced the completion of its acquisition of Magnum Systems Inc., effective Dec. 28, 2006. Magnum, located in Tampa, Fla., is a manufacturer of mulching attachments for use in land clearing, right-of-way clearing and site development. Its attachments are designed for applications on a broad array of skid steer, excavator ex·ca·va·tor n. An instrument, such as a sharp spoon or curette, used in scraping out pathological tissue. excavator (eks´k and wheel loader equipment. John Edwards, the company's founder, has been appointed to serve as a consultant with Paladin following the acquisition. "We are very pleased to announce the addition of Magnums market leading mulching attachments to Paladin's current lineup of 12 leading attachments brands," says Bill Van Sant SANT South African Native Trust , Paladins current president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . Marry Sullivan, vice president and general manager of the company's Light Construction Equipment group, will be responsible for overseeing the integration of Magnum products into the group's design, manufacturing and distribution operations. While still early in the transition phase, the company anticipates increasing the production of a new line of larger Magnum mulcher attachments in the near future. These will target applications on higher horsepower wheel loaders and excavators and may be distributed through the same channels as the company's other brands. Established in 1964, Paladin, formerly Attachment Technologies Inc., has nearly 1,500 employees worldwide and is one of the nation's largest independent manufacturers and distributors of construction attachment products. Paladins corporate office is located in Cedar Rapids, Iowa, with manufacturing and distribution facilities in California, Illinois, Iowa, North Carolina North Carolina, state in the SE United States. It is bordered by the Atlantic Ocean (E), South Carolina and Georgia (S), Tennessee (W), and Virginia (N). Facts and Figures Area, 52,586 sq mi (136,198 sq km). Pop. , North Dakota, Ohio, Minnesota, Tennessee, Oregon, Texas and Wisconsin. The company also has a sourcing office located in Shanghai, China. Paladin products are produced under these national brand names: Badger, Bradco, C&P, FFC FFC Fleet Forces Command FFC Fédération Française de Cardiologie FFC Flexible Flat Cable FFC Financial and Fiscal Commission (South Africa) FFC Flat-Field Correction FFC Francis Ford Coppola (movie director) , Genesis, Harley, JRB JRB Joint Reserve Base JRB Joint Review Board JRB Joint Requirements Board JRB Java Relational Binding (Sun) JRB Jeweler's Resource Bureau JRB Joint Reconnaissance Board JRB Joint Requirements Oversight Council , Jewell, McMillen, Pengo, Sweepster and The Major. More information is available at www.paladinbrands.com. |
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