latest news releases from the newsroom
ATA Airlines, Inc.
ATA Cockpit Crewmembers Approve Extension of Short-Term Concessions
INDIANAPOLIS, June 3, 2005 (PRIMEZONE) -- Cockpit crewmembers for ATA Airlines, subsidiary of ATA Holdings Corp. (ATAHQ), today informed the Company that they have ratified an agreement to extend short-term pay and work rule concessions. The concessions will save the Company approximately $10 million over the next four months. The concession package included an 18 percent cut in pay over the next 120 days for cockpit crewmembers, which includes pilots and flight engineers.
Harsco Divests Small Product Line of Its IKG Industries Manufacturing Division
HARRISBURG, Pa., June 3, 2005 (PRIMEZONE) -- Worldwide industrial services and products company Harsco Corporation (NYSE:HSC) announced today that it has sold the FRP (fiberglass reinforced plastics) product line of its IKG Industries division to The StonCor Group, Inc./Fibergrate Division, a wholly owned subsidiary of RPM International, Inc. Fibergrate will also lease the portion of IKG's Queretaro, Mexico manufacturing facility where the FRP line is produced. Terms of the cash transaction were not disclosed. IKG Industries is America's leading producer of metal grating products.
Diamant Art Corporation
DIGI Canada Inc. to Introduce Diamant Film to Clients
TORONTO, June 3, 2005 (PRIMEZONE) -- Diamant Art Corporation (OTCBB:DIAAF) is pleased to announce that its wholly owned subsidiary, Diamant Film Inc. (www.diamantfilm.com), has shipped sufficient quantities of Diamant(tm) stretch film cutter boxes to DIGI Canada Inc. (www.digicanada.ca) in order to supply its entire sales and marketing team for presentation to clients in the food industry. DIGI Canada Inc. is part of the multinational DIGI corporate network of manufacturers of food processing and packaging equipment located in over 100 countries with over 2,600 employees. DIGI has tested the Diamant(tm) stretch wrap film on their machines over several for months, and has more than 600 stretch film wrapping machines in the Canadian marketplace providing the stretch film wrapping needs of a large number of the major retail food chains in Canada.
Brinkman Outdoors, Inc.
Brinkman Outdoors Awarded Latest Patent
BEEVILLE, Texas, June 3, 2005 (PRIMEZONE) -- Brinkman Outdoors, Inc. (Pink Sheets:BKOU) announces the awarding of their latest patent from the United States Patent and Trademark Office. Company spokesman and VP of Product Marketing Keeton Eoff stated, "We put a lot of time and effort bringing functional and effective products to the marketplace. We owe a lot of thanks to the anglers who give us feedback and assistance in designing these unique and life-like lures." Mr. Eoff adds, "The patent process has taken us over two years and applies to our top-selling soft plastic baits that include the Sliding Weight Craw JR, CrawBaby, Shrimp, and ShrimpBaby product lines."