Printer Friendly

GALAXY FOODS COMPANY ANNOUNCES NEW DIRECTORS

 GALAXY FOODS COMPANY ANNOUNCES NEW DIRECTORS
 ORLANDO, Fla., Sept. 15 /PRNewswire/ -- Galaxy Foods Company


(NASDAQ: GALX) announced today that it held its annual meeting of stockholders on Sept. 11, 1992.
 Three new directors were elected -- Buell G. Duncan Jr., Franklin P. Smith III, and Earl G. Tyree -- joining recently re-elected directors Angelo S. Morini, William B. Rawlings, Sheldon J. Tannen, and Douglas A. Walsh.
 Duncan is chairman of the board of Sun Banks, Inc., a bank holding company headquartered in Orlando, and an affiliate of SunTrust Banks, Inc. He is also chairman of the board of SunBank, N.A., the lead bank of SunBanks, Inc.
 Smith is president and general manager of Boeing Aerospace Operations, Inc. in Cocoa Beach, Fla., a wholly owned subsidiary of The Boeing Company.
 Tyree was president of the Bayer Company (Bayer Aspirin), the Charles H. Phillips Company (Milk of Magnesia), and Glenbrook Laboratories, all divisions of Sterling Drug, and president of Bruce Novograd Advertising in New York City. Tyree lives in the Orlando area.
 Morini, chief executive officer, said, "All three of these highly qualified gentlemen bring business acumen and sophistication to our already distinguished board."
 Galaxy Foods Company, the originator of nutritionally balanced dairy products, manufactures FORMAGG(R), the premier line of cheese alternatives, in over 30 varieties. FORMAGG(R), "the newer, healthier, better way to make cheese," is made from pure skim milk protein, and canola oil. FORMAGG(R) was developed in response to the public's increasing demand for more health-conscious products, and contains no cholesterol, lactose, or butterfat. These products are lower in calories, and are higher in vitamins, calcium, and other minerals than conventional cheese. Galaxy Foods Company also produces LITE BAKERY(R) products, and sells two all-natural, soy-based cheese alternatives under the brand names SOYCO(R) and SOYMAGE(R).
 -0- 9/15/92
 /CONTACT: Peter J. Perfetti, chief financial officer of Galaxy Foods, 407-855-5500/
 (GALX) CO: Galaxy Foods Company ST: Florida IN: FOD SU: PER


PT-CC -- PG008 -- 9612 09/15/92 11:54 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Sep 15, 1992
Words:334
Previous Article:AT&T 'CALLING ON THE WORLD' FREE LASER SHOW LIGHTS UP OPENING NIGHT CELEBRATION FOR AMERICAN ATHLETIC GAMES, PRESENTED BY HERMAN'S
Next Article:MOODY'S CONFIRMS PUERTO RICO TELEPHONE AUTHORITY'S 'A' RATING; CITES IMPROVING OPERATING PROFILE
Topics:


Related Articles
GALAXY FOODS COMPANY ISSUES INSURANCE UPDATE
GALAXY FOODS COMPANY ANNOUNCES RECEIPT OF CAPITAL AND SALES HIGHLIGHTS
GALAXY FOODS ANNOUNCES THAT IT HAS BEEN NAMED SUPPLIER FOR UNITED ARTISTS THEATRE CIRCUIT
GALAXY FOODS ANNOUNCES NEW BUSINESS
GALAXY FOODS COMPANY ANNOUNCES NEW BUSINESS
GALAXY FOODS COMPANY ANNOUNCES NEW EQUIPMENT ACQUISITION
GALAXY FOODS ANNOUNCES RECEIPT OF WORKING CAPITAL AND REDUCTION OF DEBT
GALAXY FOODS COMPANY ANNOUNCES NEW RETAIL DISTRIBUTION
GALAXY FOODS COMPANY ANNOUNCES MAJOR DEBT REDUCTION
GALAXY FOODS COMPANY ANNOUNCES NEW SALES HIGHLIGHTS

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters