latest news releases from the newsroom
NIDEK Co., Ltd.
NIDEK Co., Ltd. Announces New President and CEO
GAMAGORI, Japan, June 24, 2008 (PRIME NEWSWIRE) -- NIDEK Co., Ltd. announced that Mr. Hideo Ozawa was appointed Chairman of the Board, and Mr. Motoki Ozawa was promoted to President and CEO. This decision was approved at the Board Meeting, after the Annual Shareholders Meeting on June 24, 2008. Under this new management, NIDEK will continue to target further growth in ophthalmic and aesthetic markets as well as optical systems and the coating business.
Paul Mueller Company
Mueller to Acquire Distributor
SPRINGFIELD, Mo., June 24, 2008 (PRIME NEWSWIRE) -- Paul Mueller Company (Mueller) (Pink Sheets:MUEL) has executed a Non-Binding Letter of Intent with KaJeMa Beheer B.V. to purchase all of the outstanding shares of all the companies in the MEKO Group, which are wholly owned by KaJeMa (MEKO). MEKO is the European distributor for dairy farm milk coolers manufactured by Mueller's manufacturing facility located in Lichtenvoorde, The Netherlands. MEKO has handled distribution for over twenty years.