Statement from The Stronach Group Regarding Horses Trained by Indicted IndividualsHALLANDALE BEACH, FL – Out of an abundance of caution for the health and safety of the horses in the care of those criminally charged, and with the utmost regard for the integrity of our sport, The Stronach Group has scratched all horses that were entered by the indicted individuals indefinitely and will also be refusing any future entries with respect to the horses that have been under their care until stand down protocols are finalized.
Manufacturer H.B. Fuller will sell its paints unit, which is based in Central America, to a Colombia-based company in order to focus on its adhesives business.The company announced Monday that it will sell its Central America paint business to Companía Global de Pinturas for $120 million. The deal is expected to close within 60 days, a spokesman for H.B. Fuller said.The company’s paints unit generated $113.5 million in in revenue in 2011, about 7 percent of H.B. Fuller’s total revenue. The unit employs about 800 workers at production plants and laboratories in Costa Rica, Honduras and Panama.The buyer is a paints company that operates in Colombia, Venezuela, Ecuador, Costa Rica, Panama and the Caribbean. Its parent company, Grupo Mundial, operates 53 companies in 12 countries and generated sales totaling $1.07 billion in 2011. Facebook Comments No related posts.