July 23, 2014 at 2:10 p.m.

Applegate assets sold (01/19/08)

Business roundup

Ag Growth Income Fund of Winnipeg, Canada, has acquired the assets of Applegate Steel.

The purchase is expected to save Applegate's 80 jobs in Randolph County. The purchase agreement does not include the land and buildings in Saratoga.

Applegate's manufacturing work will be moved to Union City, where Ag Growth already owns a 160,000 square-foot former Body Company building.

The move is expected to take 18 months to complete.

Applegate manufactures livestock gates, panels, feeders and stock tanks.

Free treatments

The Geneva Dental Clinic will be offering free dental treatments for children younger than 18.

On Feb. 2, from 8 a.m. to 12 p.m., the clinic will hold a "Give Kids a Smile Day."

There are no income guidelines, but preference will be given to children with no other dental insurance or assistance. The clinic is located at 447 E. Line St.

Those who would like the free dental care are asked to call for an appointment at (260) 368-7500.

New officer

Fort Recovery has a new Fiscal Officer.

Roberta Staugler, who lives in Fort Recovery and is a former Bryant resident, will officially take office in April. She is replacing Janet McCain, who is retiring. She began training with McCain on Jan. 1.

Staugler is a graduate of Jay County High School, and has spent 28 years in the banking business. She worked at First National Bank, Portland, for 12 years, and Second National Bank, Fort Recovery, for 16 years. She and her husband, Bill, and their three children have lived in Fort Recovery for 25 years.

Acquires shares

Franklin Electric Company Inc. has all the outstanding shares of Industries Schneider.

Officials with Franklin Electric Company expect the transaction to be accretive to the company's earnings per share this year. Industries Schneider, which is based in Brazil, South America, had net revenue of about $40.22 million in 2007.

Schneider manufactures pumps for residential, agricultural and commercial markets. Franklin Electric is headquartered in Bluffton.[[In-content Ad]]
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