Latest news with #F&M
Yahoo
09-06-2025
- Business
- Yahoo
GSC COMPLETES BOLT-ON ACQUISITION OF F&M TOOL AND PLASTIC
Transaction will fuel GSC's next growth phase. ANN ARBOR, Mich., June 6, 2025 /PRNewswire/ -- GSC Technologies, Inc. ("GSC") announced that it has completed the acquisition of F&M Tool and Plastic, Inc. ("F&M"). This transaction for GSC will fuel the company's next phase of growth. Both GSC and F&M are leading manufacturers of plastic goods in North America. "We are excited to complete the bolt-on acquisition of F&M for the GSC platform. We believe that this will create a stronger overall business with an opportunity to drive synergies through the deployment of our portfolio value creation system," said Eric Wiklendt, Board Chair at GSC and Managing Director at Speyside. GSC President & CEO Dave Barrow wanted to thank Mark Farrell, CFO, and Lynda Gaudreau, VP of Operations and Supply Chain, for their great leadership on this deal and noted, "We are looking forward to welcoming the F&M team into the GSC family. The talented employees, fabulous product portfolio, and great technology will all contribute to an exciting future and help GSC to deliver on its strong growth mission." "Adding the home storage assortment from F&M to the hardware products from GSC allows us to offer a complete assortment and meet all customer's needs," added Rob Soiferman, VP Sales. Nick Lardo, Director at GSC and Managing Director at Speyside, noted, "We see the bolt-on acquisition of GSC to F&M as an excellent opportunity to accelerate our plans for that business." About GSC TechnologiesFounded in 1982 with a single plastic molding machine, GSC Technologies, Inc. is a leading and groundbreaking manufacturer of plastic goods in North America focused on environmentally aware plastic solutions for organizing daily life today and in the future. Based in St-Jean-sur-Richelieu (Quebec/Canada), GSC designs and manufactures attractive, practical storage and organization lifestyle products for better modern living. With manufacturing plants that use contemporary equipment and technology and distribution facilities in the US, Canada, and China, GSC uses global testing and quality standards to ensure the best value, highest quality products. For more information, please visit About F&M Tool and PlasticF&M Tool and Plastics, located in Leominster, MA, USA, is a growing plastic injection molding company. In 2008, F&M designed, developed, and tooled a complete line of plastic storage products, Bella Storage Solution. Since then, F&M has enjoyed tremendous consumer success and continues to lead the way in design and innovation. For more information, please visit About SpeysideSpeyside is a Detroit-based private equity firm. The firm invests in middle-market, buyout transactions in the manufacturing and value-added distribution sectors. Targeted portfolio companies often possess balance sheet, legal, environmental, labor, or transactional complexity. Speyside Equity focuses on creative transaction structures and is comfortable investing in carveouts of large multinational companies, industry consolidations, family-owned businesses, bankruptcies, workouts, and other special situations. Speyside takes an operational approach to creating value in these situations. Speyside has completed 37 investments. For more information, please visit Honigman LLP acted as GSC's legal advisor. CONTACT: Eric WiklendtSpeyside Equity View original content to download multimedia: SOURCE Speyside Equity
Business Wire
03-06-2025
- Business
- Business Wire
Farmers & Merchants Bank of Long Beach Names Mark E. Harrison to Board of Directors
LONG BEACH, Calif.--(BUSINESS WIRE)--Farmers & Merchants Bank of Long Beach ('F&M' or the 'Bank') (OTCQB: FMBL) today announced that Mark E. Harrison has been named to its board of directors. Harrison succeeds Walter M. Florie, who served on the F&M Bank's board since 2007. Harrison, 61, recently retired after having spent nearly four decades at KPMG LLP as part of the firm's financial services industry practice. His client base was comprised of numerous depository institutions including a large number of regional and community banks as well as large money center banks, and for more than 15 years, he provided tax consulting and advisory services directly to the Bank. Over the course of his career, Harrison specialized in providing consultations in the contexts of mergers and acquisitions, complex financial transactions and instruments, tax credit investments structures and accounting for federal and state income taxes. 'Mark brings a remarkable blend of financial acumen, risk oversight, and hands-on experience with institutions much like ours,' said Daniel K. Walker, executive chairman of F&M's board. 'His deep understanding of the regional banking landscape—shaped by decades of advising financial institutions—and his long-standing relationship with our Bank make him an exceptional addition to our board as we continue to enhance our regulatory posture and pursue long-term growth for our clients and shareholders.' Harrison is a respected educator, having served as a clinical professor in the Graduate Taxation program at the University of Southern California and a contributing author of Taxation of Financial Institutions, Second Edition (LexisNexis, 2018). He is a Certified Public Accountant licensed to practice in California and New York. Harrison also is an active community leader, serving on the board of the South Bay Classical Academy, and previously on the boards of Big Brothers Big Sisters of the East Bay and the YMCA of Metropolitan Los Angeles. Harrison holds a master's degree in Taxation from Golden Gate University and a bachelor's degree in Business Administration from the University of California, Berkeley. About Farmers & Merchants Bank of Long Beach Founded in Long Beach in 1907 by C.J. Walker, Farmers & Merchants Bank provides white-glove service to clients at 27 branches from San Clemente to Santa Barbara, as well as through its Online and Mobile Banking platforms. The Bank offers commercial and small business banking, business loan programs, home loans, and a robust offering of consumer retail banking products, including checking, savings and youth accounts. Farmers & Merchants Bank is a California state-chartered bank with deposits insured by the Federal Deposit Insurance Corporation (Member FDIC) and an Equal Housing Lender. For more information about F&M, please visit the website,
Yahoo
03-06-2025
- Business
- Yahoo
Farmers & Merchants Bank of Long Beach Names Mark E. Harrison to Board of Directors
LONG BEACH, Calif., June 03, 2025--(BUSINESS WIRE)--Farmers & Merchants Bank of Long Beach ("F&M" or the "Bank") (OTCQB: FMBL) today announced that Mark E. Harrison has been named to its board of directors. Harrison succeeds Walter M. Florie, who served on the F&M Bank's board since 2007. Harrison, 61, recently retired after having spent nearly four decades at KPMG LLP as part of the firm's financial services industry practice. His client base was comprised of numerous depository institutions including a large number of regional and community banks as well as large money center banks, and for more than 15 years, he provided tax consulting and advisory services directly to the Bank. Over the course of his career, Harrison specialized in providing consultations in the contexts of mergers and acquisitions, complex financial transactions and instruments, tax credit investments structures and accounting for federal and state income taxes. "Mark brings a remarkable blend of financial acumen, risk oversight, and hands-on experience with institutions much like ours," said Daniel K. Walker, executive chairman of F&M's board. "His deep understanding of the regional banking landscape—shaped by decades of advising financial institutions—and his long-standing relationship with our Bank make him an exceptional addition to our board as we continue to enhance our regulatory posture and pursue long-term growth for our clients and shareholders." Harrison is a respected educator, having served as a clinical professor in the Graduate Taxation program at the University of Southern California and a contributing author of Taxation of Financial Institutions, Second Edition (LexisNexis, 2018). He is a Certified Public Accountant licensed to practice in California and New York. Harrison also is an active community leader, serving on the board of the South Bay Classical Academy, and previously on the boards of Big Brothers Big Sisters of the East Bay and the YMCA of Metropolitan Los Angeles. Harrison holds a master's degree in Taxation from Golden Gate University and a bachelor's degree in Business Administration from the University of California, Berkeley. About Farmers & Merchants Bank of Long Beach Founded in Long Beach in 1907 by C.J. Walker, Farmers & Merchants Bank provides white-glove service to clients at 27 branches from San Clemente to Santa Barbara, as well as through its Online and Mobile Banking platforms. The Bank offers commercial and small business banking, business loan programs, home loans, and a robust offering of consumer retail banking products, including checking, savings and youth accounts. Farmers & Merchants Bank is a California state-chartered bank with deposits insured by the Federal Deposit Insurance Corporation (Member FDIC) and an Equal Housing Lender. For more information about F&M, please visit the website, View source version on Contacts Kevin TiberPresident562-499-4829 Roger PondelPondelWilkinson Relations310-279-5980investor@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Evening Standard
30-05-2025
- Entertainment
- Evening Standard
Picnic season: from Fortnum & Mason to Tommy Banks, the best summer hampers for an alfresco afternoon
There are hampers and there are Fortnum's hampers, and you don't get much more impressive than the King of Picnics, which would be just the thing for Glyndebourne. It's pretty well got everything: a substantial pork pie, Scotch eggs (theirs are runny inside), smoked salmon, stilton and rich Dorset brie, bread, a little charcuterie, nibbles, a big carton of crisps, teacakes…I mean, even for the greedy, there's enough for eight. There's a bottle of Provencal rose and a house champagne. And it all comes in that lovely F&M wicker hamper. Otherwise, you could always settle for the cream tea selection, at £50. There's also an enormous Ultimate Picnic Hamper for £1,000, but you probably need a couple of footmen for that.
Business Wire
19-05-2025
- Business
- Business Wire
Farmers & Merchants Bank of Long Beach Declares Second-Quarter Cash Dividend Payment of $28 Per Share
LONG BEACH, Calif.--(BUSINESS WIRE)--Farmers & Merchants Bank of Long Beach (OTCQX: FMBL) today announced that its board of directors has approved the Bank's regular quarterly cash dividend of $28 per share on the Bank's common stock. The quarterly dividend is payable on June 30, 2025, to shareholders of record as of June 13, 2025. The declaration represents F&M's 532nd dividend payment. F&M has paid a dividend each year to shareholders since 1916, and the value of F&M's quarterly dividend has never decreased. About Farmers & Merchants Bank of Long Beach Founded in Long Beach in 1907 by C.J. Walker, Farmers & Merchants Bank provides white-glove service to clients at 27 branches from San Clemente to Santa Barbara, as well as through its Online and Mobile Banking platforms. The Bank offers commercial and small business banking, business loan programs, home loans, and a robust offering of consumer retail banking products, including checking, savings and youth accounts. Farmers & Merchants Bank is a California state-chartered bank with deposits insured by the Federal Deposit Insurance Corporation (Member FDIC) and an Equal Housing Lender. For more information about F&M, please visit the website,
