News: Sanderson Plumbing set to lay off ¾ of 230-person workforce - Mississippi Business Journal
COLUMBUS, Mississippi — Three-quarters of the 230-person workforce at bankrupt toilet seat maker Sanderson Plumbing Products are out of a job by the end of this week unless an investor steps in with money to keep the company running.
Sanderson sells the Tuffy brand on the wholesale plumbing market under the Beneke logo and on the retail market under the Magnolia line, according to the Heritage Equity Partners sales listing for the company.
Whitaker, who has been with the company since graduating from college more than 35 years ago, said he is willing to stay on under new ownership. A new owner who installs more modern and efficient equipment could make a quality toilet seat to compete at prices offered by foreign seat makers, he said.
Read full article
BC Comfort Air Conditioning Limited Provides Critical Environment Solutions for Medical Marijuana Facilities
-- Quality standards for the delivery of medical marijuana are changing in Canada, creating a need for specific mechanical design elements within medical marijuana growth facilities.Read full article
Sales: A sale is the act of selling a product or service in return for money or other compensation. Signalling completion of the prospective stage, it is the beginning of an engagement between customer and vendor or the extension of that engagement.
Money: Money is any object or verifiable record that is generally accepted as payment for goods and services and repayment of debts in a particular country or socio-economic context. The main functions of money are distinguished as: a medium of exchange; a unit of account; a store of value; and, occasionally in the past, a standard of deferred payment. Any kind of object or verifiable record that fulfills these functions can be considered money.
Investor: An investor is a person who allocates capital with the expectation of a financial return. The types of investments include: gambling and speculation, equity, debt securities, real estate, currency, commodity, derivatives such as put and call options, etc. This definition makes no distinction between those in the primary and secondary markets. That is, someone who provides a business with capital and someone who buys a stock are both investors. An investor who owns a stock is known as a shareholder.