MAIN ST. & MAIN INC. ANNOUNCES GRAND OPENING OF T.G.I. FRIDAY'S IN VANCOUVER, WASH.
SCOTTSDALE, Ariz., Sept. 27, /PRNewswire/ -- Main St. & Main Inc. (NASDAQ-NMS: MAIN) announces the opening of its newest T.G.I. Friday's restaurant in Vancouver, Wash., strategically located at Vancouver's only mall. Ken Green, vice president of Main St. Restaurants, stated: "Vancouver is situated next to Portland, the largest city in Oregon. The local economy of both these cities has continued on an upward trend, with positive growth in manufacturing and service jobs over the past few years. The addition of this restaurant, as well as another in Tacoma, Wash., which is scheduled to open Nov. 29th, 1993, will further solidify our economics of scale in both marketing and regional management and strengthen our position as North America's largest franchisee of T.G.I. Friday's restaurants." Main St. & Main Inc. is involved primarily in the areas of restaurant ownership and management and food processing and distribution. The company's restaurant division owns and operates 13 domestic T.G.I. Friday's, with four currently under development as well as two T.G.I. Friday's restaurants in Seoul, South Korea. The company also produces and distributes dairy products in Arizona through its Carnation Dairy subsidiary and distributes brand name ice cream and frozen novelty and entree products in 11 western states through its Dairy Maid Foods operations. -0- 9/27/93 /CONTACT: Robert McGeorge, V.P. Corporate Development, 602-951-3200/ (MAIN)
CO: Main St. & Main, Inc. ST: California, Washington IN: LEI SU:
JB-NY -- SD002 -- 5956 09/27/93 13:05 EDT
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|Date:||Sep 27, 1993|
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