Manitowoc Divests Kysor/Warren Business

The Manitowoc Co. Inc. has signed a definitive agreement for the divestiture of its Kysor/Warren and Kysor/Warren de Mexico businesses to Lennox International for a value of approximately $138 million, subject to a post-closing working capital adjustment. “Over the last several years, Manitowoc has built a strong portfolio of leading brands serving the commercial foodservice

7-Eleven Buys 183 ExxonMobil Locations in Florida

7-Eleven Inc. has agreed to acquire ExxonMobil’s retail interests in 183 Florida sites. Included in the acquisition is a combination of company- and dealer-operated sites located in Orlando, Southwest Florida, Palm Beach and Broward County.  The 183 sites include five unused parcels of land.  The majority of locations will be rebranded as 7-Eleven operations, and

TD Economics: No Double-Dip Recession

The storm has ebbed, but the U.S. economic forecast remains overcast, according toTD Economics. “We don’t expect to see any miracles occurring over the next several months…but the evidence appears to be for the gradual unwind of imbalances and a continued slow pick-up in economic activity-and not another descent into recession,” wrote Deputy Chief Economist

Coinstar Appoints Chief People Officer

Coinstar Inc. has hired Raquel Karls, a human resources and organization development leader, to fill the position of chief people officer. Karls starts her new role this week reporting to president and chief operating officer Gregg Kaplan. “We are delighted to have found an individual of Raquel’s caliber and experience to lead this very important

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