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Inscape restructures to support growth

Monday, 19 Jun 2017

June 19 (Reuters) - Inscape Corp -:Inscape restructures to support growth.Inscape Corp - Jim Stelter, president of West Elm workspace with Inscape business unit, will be retiring from company.Inscape - glen snelling, vp of operations, will lead supply chain and operations support for both inscape and west elm workspace business units.Inscape Corp - John Gols, executive vice president sales and distribution, will continue to lead company's sales and sales resource teams.

Essendant announces organizational changes

Tuesday, 16 Aug 2016

Essendant Inc : Says business will be organized around its two primary customer channels: business & facility essentials and industrial essentials . Company to reorganize around primary channels . Harry Dochelli named president of business & facility essentials; Ric Phillips named group president of industrial essentials . Chief Operating Officer Tim Connolly to leave company .Essendant will not seek a replacement in COO role.

Okamura to take over construction business from unit OSAS

Tuesday, 16 Aug 2016

Okamura Corp <7994.T> : Says it plans to take over construction business and Tokyo metropolitan region excluded maintenance business, from its wholly owned subsidiary OSAS (okamura support & service corporation) .Says effective date on Oct. 1.

Ktk to merge unit iotechno.

Tuesday, 5 Jul 2016

Ktk Inc <3035.T>: Says it will merge its wholly owned unit iotechno., which is engaged in recycle business, on Aug. 21 .Says iotechno. will be dissolved after the merger.

Hibino subsidiary to merge its subsidiary

Friday, 5 Feb 2016

Hibino Corp:Says wholly owned subsidiary Hibino Media Technical Corporation to merge its wholly owned subsidiary MEDIANIX.MEDIANIX to be dissolved after merger.Planned effective April 1.

Versalink Holdings Ltd announces internal restructuring of Malaysian business

Wednesday, 6 Jan 2016

Versalink Holdings Ltd:Says internal restructuring of malaysian business.Says Bevan Grant Walters, managing director of Steeltema, has relinquished his position.Says manufacturing business of Steeltema has been transferred to Jemaramas.Internal restructuring is not expected to have any material impact on EPS and nta for the current FY ending 28 February 2016.

ITOKI to dissolve Osaka-based subsidiary

Monday, 14 Dec 2015

ITOKI CORP:To dissolve Osaka-based wholly owned subsidiary engaged in sale of medical facilities.Liquidation is expected to be completed on March 8, 2016.

Essendant Inc announces management changes and provides details on cost reduction plan

Thursday, 12 Nov 2015

Essendant Inc:Says Earl Shanks appointed chief financial officer.Says company expects to achieve approximately $20 million in annualized cost savings by Q1 2016.Says Shanks succeeding Todd Shelton.Expects to incur approximately $10 million in pre-tax charges in the fourth quarter of 2015 associated with the cost reduction actions.Expects to realize annualized savings of $20 million and permanently reduce its management by approximately 90 roles.Says most of these management reductions will be completed by the end of 2015.Says roles located primarily at the company's Deerfield, IL headquarters.


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