Virginia Businesses in the News


Divestitures

Have News to Report?

For the Record is compiled from company releases, business journals and newspaper reports from around the state. If you have an item for these listings: • Mail it to: For the Record Virginia Business Magazine P.O. Box 85333 Richmond, VA 23293 • E-mail it to ForTheRecord@va-business.com • Fax it to (804) 649-6311

Colfax Corp., a Richmond-based manufacturer of power transmission products, sold its Colfax Power Transmission Group division in Quincy, Mass., to Genstar Capital L.P., a private investment firm headquartered in San Francisco. (PRNewswire)

Pulaski Furniture Corp., sold its Ridgeway Clocks division in Henry County to Howard Miller, a Zeeland, Mich.-based clockmaker. Pulaski will move production of curios from Ridgeway to one of two plants in Pulaski where the company will focus on the manufacture of bedroom, dining room, curio and accent products. (The Roanoke Times)