Date: September 1, 2022
For Release: Immediately
The Legacy Companies Announce the Promotion of Teresa Asbury to President of Commercial Division
Contacts: Julie Hausmann, jhausmann@thelegacycompanies.com
FT. LAUDERDALE, FL. (September 2022) – We are pleased to announce the promotion of Teresa Asbury to President of the Commercial Division for The Legacy Companies, manufacturer of commercial and consumer foodservice equipment since 1999. A 35 year foodservice industry veteran, Teresa has over 20 years’ experience in the commercial foodservice and hospitality industry and was a founding member of The Legacy Companies. Teresa currently serves on the NAFEM board and engaged in several committees: the International Marketing Committee, the Trade Show Advisory Council and the Social Responsibility Committee. Teresa is a regular participant in the NAFEM Annual Meeting & Management Workshop and events around NAFEM global pavilions.
“It is with my great honor to appoint Teresa to President of The Legacy Companies. Teresa has played a pivotal role in the success of our business and with her industry experience, close business working relationships with customers, suppliers and partners, she will continue to drive growth and position the commercial division for continued success. Teresa’s vision, leadership and expertise has led to unprecedented growth and will allow us to continue successfully navigating an everchanging industry,” said, Neal Asbury, CEO.
In her role at The Legacy Companies, Teresa will lead all aspects of the commercial division including market & channel growth, strategic acquisitions, and new product innovation. As a member of The Legacy Executive Leadership Board, she will continue to add value in supporting the company’s strategic objectives and infrastructure.
In addition to her role as President and board member Teresa is a contributor to industry trade publications and serves on a variety of professional business panels. She graduated from Florida Institute of Technology and is Certified Food Service Professional (CFSP).
We would like to congratulate Teresa Asbury on her new role as President, Commercial Division of The Legacy Companies.
About The Legacy Companies
The Legacy Companies, a privately-owned company, is a leading consumer products and commercial food service equipment provider that designs, manufactures, distributes and markets, nationally and internationally, a diverse portfolio of products under world-class brands such Admiral Craft, Avanti®, Bevles®, Blakeslee®, ChefsChoice®, EdgeCraft®, Excalibur®, General®, Greenfield World Trade, Legion Industries, Maxx Cold®, Maxx Ice®, Maxx Scientific®, Omega®, VinoTemp®, Vinturi®, WestBend®, Yonanas® and Zeroll®. The Legacy Companies is headquartered in Fort Lauderdale, Florida.
For more information on The Legacy Companies, visit www.TheLegacyCompanies.com
Date: September 1, 2022
For Release: Immediately
The Legacy Companies Announce the Promotion of Teresa Asbury to President of Commercial Division
Contacts: Julie Hausmann, jhausmann@thelegacycompanies.com
FT. LAUDERDALE, FL. (September 2022) – We are pleased to announce the promotion of Teresa Asbury to President of the Commercial Division for The Legacy Companies, manufacturer of commercial and consumer foodservice equipment since 1999. A 35 year foodservice industry veteran, Teresa has over 20 years’ experience in the commercial foodservice and hospitality industry and was a founding member of The Legacy Companies. Teresa currently serves on the NAFEM board and engaged in several committees: the International Marketing Committee, the Trade Show Advisory Council and the Social Responsibility Committee. Teresa is a regular participant in the NAFEM Annual Meeting & Management Workshop and events around NAFEM global pavilions.
“It is with my great honor to appoint Teresa to President of The Legacy Companies. Teresa has played a pivotal role in the success of our business and with her industry experience, close business working relationships with customers, suppliers and partners, she will continue to drive growth and position the commercial division for continued success. Teresa’s vision, leadership and expertise has led to unprecedented growth and will allow us to continue successfully navigating an everchanging industry,” said, Neal Asbury, CEO.
In her role at The Legacy Companies, Teresa will lead all aspects of the commercial division including market & channel growth, strategic acquisitions, and new product innovation. As a member of The Legacy Executive Leadership Board, she will continue to add value in supporting the company’s strategic objectives and infrastructure.
In addition to her role as President and board member Teresa is a contributor to industry trade publications and serves on a variety of professional business panels. She graduated from Florida Institute of Technology and is Certified Food Service Professional (CFSP).
We would like to congratulate Teresa Asbury on her new role as President, Commercial Division of The Legacy Companies.
About The Legacy Companies
The Legacy Companies, a privately-owned company, is a leading consumer products and commercial food service equipment provider that designs, manufactures, distributes and markets, nationally and internationally, a diverse portfolio of products under world-class brands such Admiral Craft, Avanti®, Bevles®, Blakeslee®, ChefsChoice®, EdgeCraft®, Excalibur®, General®, Greenfield World Trade, Legion Industries, Maxx Cold®, Maxx Ice®, Maxx Scientific®, Omega®, VinoTemp®, Vinturi®, WestBend®, Yonanas® and Zeroll®. The Legacy Companies is headquartered in Fort Lauderdale, Florida.
For more information on The Legacy Companies, visit www.TheLegacyCompanies.com
Date: April 2022
For Release: Immediately
Maxx Cold announces the launch of fourteen (14) new Merchandisers Refrigerator Coolers and Freezers to their product line including Narrow Width, Large Storage Capacity and Glass Door Ice Merchandiser Freezers.
FT. LAUDERDALE … Food service manufacturer Maxx Cold expands their product offering with the addition of eight new foodservice glass door merchandiser freezers.
Available Models:
Maxx Cold Narrow Width, Glass Door Merchandiser Freezers and Refrigerators are ideal for compact environments offering and attractive display for last minute purchase or storage, depending on your retail, foodservice or beverage application. The upright refrigerated cabinets are available in two door, self-closing swing doors or sliding doors. Measuring under eighty/80” inches in height the widths vary from 31 to 33 inches depending upon door style. Smooth, powdered coated steel exterior is available in either white or black with an illuminated top to personalize your advertising message. Refrigerated Merchandiser units are supplied with four (4) PE coated wire adjustable shelves per door, lock and key set and interior LED lighting to display merchandise contents safely. Electronic thermostat, digital LED temperature display and regulate accurate temperature, prolonging and preserving shelf life of products. Not only are controls simple to use, but operation is also energy efficient with CFC refrigerant and foam insulation. Mobility is easy because units are equipped with roller wheels and leveling feet to fit through doors and under ceilings.
Maxx Cold Glass Door, Large Storage Capacity Merchandiser Freezers and Refrigerators are designed for storage and visual appeal to hold and display your foodservice products. The bottom mount merchandisers are available in both single, double and triple doors that are self-closing. Constructed of powder coated black steel exterior and white interior, the glass door merchandisers feature a lock and key set to safely secure contents and is tamper proof. Installation is easy, because the units are equipped with four rollers, two with leveling feet for 1 and 2 door models, four adjustable heavy-duty PE coated wire shelves per door and an integrated condensate pan therefore no drain line connection is required. Simple to use, programmable solid-state digital controls deliver accurate temperature regulation for the operator. Merchandisers have a nominal storage capacity from 30, 50 and 73 cubic feet and utilize CFC free refrigerant and foam making these units ideal for large capacity storage and energy efficient operation.
Maxx Cold Glass Door Ice Merchandiser Freezers are engineered to store and hold up to (54) 8 lb. bags of ice at one time for single door and up to (117) 8 lb. bags for double door units. The full length, triple pane glass doors prevent condensation as well as display and regulate the merchandise at the right temperature. Interior and exterior is constructed of white powder coated steel and is supplied with an illuminated plastic merchandising top and lamp. The self-closing doors are provided with a lock and key set. Electronic thermostat and digital LED temperature display provides accurate and easy reading; temperatures range from 0 to 10 degrees Fahrenheit to ensure ice stays frozen and does not stick together. The automatic defrost system ensures the indoor ice merchandiser operates properly.
About The Legacy Companies
The Legacy Companies, a privately-owned company, consumer products and commercial food service equipment provider that designs, manufactures, distributes and markets, nationally and internationally, a diverse portfolio of products under world-class brands such Avanti®, Back to Basics®, Bevles®, Blakeslee®, ChefsChoice®, EdgeCraft®, Excalibur®, General®, Greenfield World Trade, Maxx Cold®, Maxx Ice®, Maxx Scientific®, Omega®, Sapphire®, Vinturi®, WestBend®, Yonanas®, Vinotemp® and Zeroll®. The Legacy Companies is headquartered in Fort Lauderdale, Florida.
For more information on The Legacy Companies, visit www.TheLegacyCompanies.com
Date: July 2022
For Release: Immediately
Contacts: Julie Hausmann, jhausmann@thelegacycompanies.com
FT. LAUDERDALE … Food service manufacturer General Foodservice has expanded their product offering with the addition gas Fryers, Ranges and Countertop Broilers, Griddles, Hot Plates and Char-Rock Broilers.
General Commercial Gas Fryers hold 40, 50 and 70 lbs. of oil or shortening in a stainless steel tank and available in from 90k, 120k or 150k BTU’s of natural gas or liquid propane. Operation is convenient because the Millivolt control scheme in 200 to 400 degrees Fahrenheit which eliminates the need for an electrical connection. The fully welded stainless steel fry tank, embossed to reflect the correct oil level, allows operators (Chefs, Cooks and Kitchen staff) to fry foods fast, accurately and safely. Integral fry vat cold zone below tube burners promotes longer oil life and better tasting food/flavor when properly used and maintained as well as keeps debris out of oil to prevent burning to ensure operation is safe. The 6” adjustable legs allow unit to sit firmly on kitchen floor again allowing for safe operation and all models are ETL certified in the US and Canada. Constructed of stainless steel front, top ledge, and header allows
for easy clean up. The dual wall removable exhaust flue is designed with high grade G90 galvanized steel on the exterior sides and back for a smooth finish. General Fryers are safe, versatile and dependable allowing them to adapt to any commercial kitchen design.
General Range and Ovens can handle an array commercial kitchen cooking task. The range top is perfect for preparing soups, sauces, or side dishes, while the ovens large capacity can bake your favorite poultry or fish dish and of course, desserts to perfection! Ranges are constructed with stainless steel front, sides, back risers and lift-off high shelf to resist scratches, rust and corrosion. The 6” stainless steel legs are adjustable to accommodate uneven kitchen floors. Both 24” and 36” ranges feature a welded frame, so sturdy, ranges can withstand heavy-duty operation. Ranges are supplied with 3/4” NPT male connector on a 1/2” pipe, allowing you to connect with either 3/4” or 1/2” NPT female connector. Supply pressure should be at minimum of 4” W.C. for natural gas or 10” W.C. for propane. Oven and range BTU is 30,000, with a manual pilot system, (1 pilot per 2 burners) and the 12” x 12 cast iron open burner crates support daily heavy-duty use. Supplied with two (2) oven racks with adjustable (4) positions to accommodate an array of cooking, trays and dish heights as well as a pull-out crumb tray is accessible from the front making cleaning and maintenance easy for the operator. The insulated oven door assists in accurate baking temperature. Back riser protects kitchen walls from splashes and the lift off high shelf can provide additional storage options for ingredients allowing operator to safely operate range without walking away to grab additional condiments. All models are ETL certified in the US and Canada.
General Countertop Commercial Cooking Equipment product line includes: Charbroilers, Griddles, Hot Plates and Char-Rock Broilers. The countertop models provide ample space needed to grill meats, chicken, fish and vegetables on either a gas radiant cooktop, char rock stones, a griddle or hotplate. The all stainless steel equipment features independent dial controls, sturdy stainless steel legs. Models are field convertible from LP to NG and vice versa. General countertop products are ETL approved and meet all required gas cooking appliance safety standards, codes and performance regulations. Please refer Generals specification sheets or website for additional details.
About The Legacy Companies
The Legacy Companies, a privately-owned company, consumer products and commercial food service equipment provider that designs, manufactures, distributes and markets, nationally and internationally, a diverse portfolio of products under world-class brands such Avanti®, Back to Basics®, Bevles®, Blakeslee®, ChefsChoice®, EdgeCraft®, Excalibur®, General®, Greenfield World Trade, Maxx Cold®, Maxx Ice®, Maxx Scientific®, Omega®, Sapphire®, Vinturi®, WestBend®, Yonanas®, Vinotemp® and Zeroll®. The Legacy Companies is headquartered in Fort Lauderdale, Florida.
For more information on The Legacy Companies, visit www.TheLegacyCompanies.com
DECEMBER 31, 2021
Henderson, NV; and Fort Lauderdale, FL. (December 31, 2021) – Greenfield World Trade, Inc. d/b/a The Legacy Companies (“Legacy”), a leading consumer products and food service equipment provider, today announced that it has successfully closed on its agreement to acquire the assets of Vinotemp Corporation of Henderson, Nevada. Terms of the transaction were not disclosed.
Neal Asbury, Legacy’s President and Chief Executive Officer, stated: “We are very pleased to welcome Vinotemp into The Legacy Companies. The Vinotemp acquisition is strategically important to us as it enhances and strengthens our position in the premium consumer appliance market segment. The Vinotemp end markets and customer base are highly complementary to our existing businesses with the potential to further expand key account relationships and capitalize on cross selling opportunities. This acquisition brings the addition of very strong and well-recognized brands that compliment those of The Legacy Companies.”
Commenting on the transaction, India Hynes, President and CEO of Vinotemp Corporation, stated: “We are excited to join a global leader that provides a strong foundation for our continued growth. The Legacy Companies offers us the opportunity to leverage a broader geographic presence, engineering expertise, complementary product offerings and customer relationships. I believe Legacy’s stewardship and complementary businesses will be very beneficial to both customers and employees of Vinotemp.”
“We look forward to welcoming the Vinotemp team to our company,” concluded Asbury.
Advisors
Kramer Levin Naftalis & Frankel LLP (New York, NY) acted as legal advisors for The Legacy Companies. Howard & Howard Attorneys PLLC (Las Vegas, NV) acted as legal advisors to Vinotemp Corporation.
About The Legacy Companies
The Legacy Companies, a privately-owned company, is a leading consumer products and food service equipment provider that designs, manufactures, distributes and markets, nationally and internationally, a diverse portfolio of products under world-class brands such Avanti®, Back to Basics®, Bevles®, Blakeslee®, ChefsChoice®, EdgeCraft®, Excalibur®, General®, Greenfield World Trade, Maxx Cold®, Maxx Ice®, Maxx Scientific®, Omega®, Vinturi®, WestBend®, Yonanas® and Zeroll®. The Legacy Companies is headquartered in Fort Lauderdale, Florida.
For more information on The Legacy Companies, visit www.TheLegacyCompanies.com
About Vinotemp Corporation
Founded in 1985, Vinotemp Corporation has been designing, manufacturing, distributing, and marketing wine refrigeration and beverage cooling equipment, commercial wine cabinets and wine storage systems, wine cellar refrigeration and humidity systems, high-end consumer refrigerators and cooking ranges and outdoor consumer appliances under the brands Vinotemp®, Wine-Mate®, Epicureanist® and Brama®. The operations of Vinotemp Corporation are in Henderson, Nevada.
For more information on Vinotemp products and services, visit www.vinotemp.com
FOR IMMEDIATE RELEASE
Chicago Il.; Erie, Pa.; and Fort Lauderdale, Fla. (April 1, 2021) The Legacy Companies a leading consumer productsand commercial food service equipment provider, announced the closing sale of KOLD-DRAFT® International to Ali Group. Ali Group is one of the largest and most diversified global leaders in the foodservice equipment industry.
“The sale of KOLD-DRAFT® International marks a milestone for The Legacy Companies,” said Neal Asbury, The Legacy Companies, chief executive officer. “We have built significant momentum in our business and continue to advance efforts to align our organization around a global structure that fosters a culture of collaboration, better connects our expertise and focuses on our best growth opportunities for our customers, employees and the commercial foodservice industry.”
Advisors Bailey Southwell & Co. acted as financial advisors to the Ali Group. Womble Bond Dickinson (US) LLPacted as legal advisors for the Ali Group. Novela Law acted as legal advisors to The Legacy Companies.
About KOLD-DRAFT
Since 1955, KOLD-DRAFT has been manufacturing ice machines that make the only true “square cube,” utilizing their exclusive “upside-down” horizontal evaporator ice-making system. KOLD-DRAFT machines produce pure, solid, sparkling ice that cools faster, melts slower, and doesn’t distort the taste of beverages. KOLD-DRAFT machines have a long life cycle and a three-year warranty on all parts and labor, making them one of the least expensive to own. For more information on KOLD-DRAFT products and services, visit www.kold-draft.com.
About The Legacy Companies
The Legacy Companies, a privately-owned company, is a leading consumer products and food service equipment provider that designs, manufactures and markets, nationally and internationally, a diverse portfolio of products under world-class brands such Avanti®, Back to Basics®, Bevles®, Blakeslee®, ChefsChoice®, EdgeCraft®, Excalibur®, General®, Greenfield World Trade, Maxx Cold®, Maxx Ice®, Maxx Scientific®, Omega®, WestBend®, Yonanas® and Zeroll®. The Legacy Companies is headquartered in Fort Lauderdale, Fla
About the Ali Group
Founded in 1963 by Luciano Berti, the Ali Group is an Italian corporation with headquarters located in Milan, Italy and North American operations based in Chicago, Illinois. Through its subsidiaries, the company designs, manufactures, markets and services a broad line of commercial and institutional foodservice equipment used by major restaurant and hotel chains, independent restaurants, hospitals, schools, airports, correctional institutions and canteens. The Ali Group and its 80 global brands employ approximately 10,000 people in 30 countries and, in
terms of sales, is one of the world’s largest groups in this industry. It has 58 manufacturing facilities in 15 countries and sales and service subsidiaries throughout Europe, North America, South America, the Middle East and Asia Pacific. For more information on Ali Group products and services, visit www.aligroup.com
MEDIA CONTACT
Julie A. Hausmann (954) 202.7419
JHAUSMANN@TheLegacyCompanies.com
The Legacy Companies, a NAFEM Member, Donates to Feeding America to Support Second Harvest Food Bank.
Weston, FL (August 27, 2020) – The Legacy Companies, a leading food service manufacturer and consumer appliance company, donated spices and seasonings to Second Harvest Food Bank through the North American Association of Food Equipment Manufacturers (NAFEM) 2020 collaboration with Feeding America.
The Legacy Companies donated an assortment of over 10,000 packages of spices and seasonings to the Second Harvest Food Bank through the Feeding America Organization. Second Harvest Food Bank serves over 325,000 people throughout 7 counties in California. By collaborating with non-profit organizations, the Second Harvest Food Bank distributes over 12 million pounds of supplemental groceries to families and individuals suffering from food insecurities.
Feeding America is a nationwide organization with a mission to feed the hungry through a network of food banks. It is the nation’s largest domestic hunger-relief organization, working to engage and connect people with food to end hunger for over the last 40 years.
“During these challenging times I am proud of our collaboration with NAFEM and Feeding America. It’s through this relationship, and a team effort, The Legacy Companies and Excalibur is able to support Second Harvest Food Bank with products they need to continue to support families and individuals suffering from food insecurities” said, Teresa Asbury, Corporate Vice President, The Legacy Companies.
NAFEM is collaborating with Feeding America, to support their network of 200 member food banks and matching all NAFEM member donations of funds, food and volunteer time to Feeding America member food banks. The NAFEM match is up to an additional $500,000 over their initial contribution of $500,000, thus creating the opportunity to reach a total contribution of $1,500,000 nationwide.
About The Legacy Companies
The Legacy Companies, a privately owned company with a strong track record of acquiring and growing companies, is a leading food service manufacturer and consumer appliance company that designs, manufactures and markets, nationally and internationally, a diverse portfolio of products under world-class brands such Avanti®, Bevles®, Blakeslee®, ChefsChoice®, EdgeCraft®, Excalibur®, General®, Greenfield WorldTrade, Kold-Draft®, Maxximum®, Nautilus®, Omega®, WestBend®, Yonanas® and Zeroll®. The Legacy Companies is headquartered in Fort Lauderdale, FL. More information can be found on the Web at www.TheLegacyCompanies.com.
To learn more about Feeding America, please visit www.feedingamerica.org.
MEDIA CONTACT
Julie A. Hausmann (954) 202.7419
JHAUSMANN@TheLegacyCompanies.com
March, 5th, 2019
FOR IMMEDIATE RELEASE
Fort Lauderdale, Florida (BUSINESS WIRE), The Legacy Companies has announced it has acquired Avanti® Products, a trusted brand and leader in the consumer appliance industry. Avanti® develops, manufacturers and markets compact appliances including refrigerators, freezers, ranges, microwave ovens, wine refrigerators, ice makers, water dispensers, laundry appliances and other compact appliances.
The combination of these two great companies is expected to substantially scale presence in key retailers, channels and geographies. It will also create a new enterprise with power brands in large and growing markets. Speed, the impact of extended distribution, cross-sell and market deployment is expected to accelerate growth and cultivate value creation for The Legacy Companies.
The Legacy Companies is a global leader in e-commerce, innovation and brand building. These capabilities provide an advantage for Avanti®. The Legacy Companies plans to produce some of Avanti’s® product solutions in its wholly owned manufacturing plants thereby securing a source of competitive advantage. It will also protect, develop and drive growth with Avanti’s® current customers and distribution partners.
“Today marks the beginning of an exciting new era for The Legacy Companies, as we now move forward to realize the great potential of our combined businesses,” said Neal Asbury, Chief Executive Officer, The Legacy Companies. In bringing Avanti® into The Legacy Companies, we create a new enterprise that is well positioned to uniquely serve customers who are looking for enjoyable and convenient solutions designed for small living spaces. Avanti® is the latest addition to The Legacy Companies’ aggressive acquisition strategy. With the current trend in mass urbanization driven by millennials, Avanti’s® compact appliances are well positioned for strong growth. Sawaya Partners acted as exclusive financial advisors for The Legacy Companies.
About The Legacy Companies
The Legacy Companies is a leading global consumer products and food service provider with one of the strongest portfolios of trusted, quality, leadership brands including Back to Basics, Bevles, Blakeslee, Chef’sChoice, Excalibur, General, Kold-Draft, Jos- Heinrichs, Legion, Maxx Cold, Maxx Ice, Maxx Scientific, Nautilus, Omega, Vinturi, WestBend, Yonanas and Zeroll. The Legacy Companies works with world class partners to develop, source and market healthy, convenient and enjoyable solutions that win in the marketplace. The company’s corporate website is www.TheLegacyCompanies.com
Media Contact
Carlos Febles, Vice President, Marketing, cfebles@thelegacycompanies.com (954) 202-7419
FOR IMMEDIATE RELEASE
The Legacy Companies To Open Distribution Center in Paris, Kentucky
FRANKFORT, Ky. (June 26, 2018) – Gov. Matt Bevin today announced The Legacy Companies, a leading food service and consumer appliance company, will locate in an existing facility in Bourbon County with a nearly $6.7 million investment that will create 60 full-time jobs.
“Kentucky has an ever-increasing presence in the food and beverage sector, and The Legacy Companies will be a tremendous addition to the industry in our state,” Gov. Bevin said. “The jobs created through this investment will positively impact individual families, the Bourbon County community, and the surrounding Bluegrass region. We look forward to celebrating Legacy’s continued growth and success in the commonwealth.”
Legacy plans to locate in a 277,000-square-foot building on Cleveland Drive in Paris in response to organic growth and recent acquisitions. Since 2009, the company has grown from 75 employees to over 500 with sales in excess of $250million. The Kentucky location will allow the company to better serve a large percentage of its customers, as well as lower logistics costs and time to market. Legacy anticipates adding jobs immediately to the area upon purchase of the new facility which is expected to happen on Monday, July 2, 2018. The company anticipates the facility will be fully operational with three months of purchase.
“This move will help expand our capabilities and also allow us to be more centrally located for our existing customer base,” said Neal Asbury, CEO of The Legacy Companies. “This DC is an impactful asset that provides added opportunity for us to offer and deliver better customer service than ever before. As we settle in, we will be adding more people to the staff and we are excited about that too.”
Sen. Stephen West, of Paris, noted that the project reflects the potential of the local workforce.
“I would like to offer a warm welcome to The Legacy Companies as the company joins our community in Senate District 27,” Sen. West said. “This investment truly speaks volumes about the workforce climate in our region, and I know Paris and the surrounding communities looks forward to The Legacy Companies’ success in Bourbon County and beyond.”
Rep. Sannie Overly, of Paris, said the community has all the necessary tools to ensure the company’s success.
“I’m proud to welcome The Legacy Companies to our community and want to thank its leaders for investing here and creating these new jobs,” Rep. Overly said. “Having the company locate in an already-built structure makes this announcement even better, because that will make it easier to get its operations underway. This news is also further proof that we offer everything a thriving business could want.”
Paris Mayor Mike Thornton said it was a team effort to make the project a reality.
“The City of Paris is excited to continue partnering with the Kentucky Cabinet for Economic Development and Bourbon County Fiscal Court to announce another economic development opportunity for our community,” Mayor Thornton said. “It is a privilege to welcome The Legacy Companies to Paris, and Bourbon County, and our team at the City of Paris looks forward to helping them grow and build on their previous successes. The resources that Legacy brings to our community not only creates much needed employment opportunities for our residents but offers an exciting new concept for Paris. I am excited for the future growth of The Legacy Companies and welcome them as our next community partner.”
Bourbon County Judge-Executive Mike Williams said the arrival of The Legacy Companies will greatly benefit the local economy.
“The Bourbon County Fiscal Court is very happy to welcome The Legacy Companies to our county as our newest corporate citizen. We look forward to partnering with them to help our community grow and prosper,” Judge-Executive Williams said. “Great jobs are essential in our plans to encourage an entire generation to work and live in Bourbon County. The Legacy Companies provides yet another inspiration for those residents and their families. We’re excited that they will bring their prominence and expertise to our industrial park to enhance the growing reputation that our county has for world class food service industry stalwarts. We welcome The Legacy Companies with open arms and look forward to helping their transition to Bourbon County be as smooth and trouble free as possible.”
Gordon Wilson, executive director of the Paris-Bourbon County Economic Development Authority, said the community stands ready to ensure the success of its latest business venture.
“The Paris-Bourbon County Economic Development Authority (PBCEDA) is excited that The Legacy Companies has chosen Paris and Bourbon County as home for an expansion of their successful operations,” Wilson said. “This project will boost our local economy and provide new career opportunities for our talented workforce. Through collaboration and hard work, the PBCEDA, Kentucky Cabinet for Economic Development, Bourbon County Fiscal Court and the Paris City Commission provided The Legacy Companies the location, resources and incentives needed to ensure the success of their expansion. The PBCEDA is dedicated to providing The Legacy Companies and all our industrial companies with an ally that will promote a strong business climate and dedicated service.”
To encourage the investment and job growth in the community, the Kentucky Economic Development Finance Authority (KEDFA) in April preliminarily approved the company for tax incentives up to $600,000 through the Kentucky Business Investment program. The performance-based incentive allows a company to keep a portion of its investment over the agreement term through corporate income tax credits and wage assessments by meeting job and investment targets.
In addition, Legacy can receive resources from the Kentucky Skills Network. Through the Kentucky Skills Network, companies can receive no-cost recruitment and job placement services, reduced-cost customized training and job training incentives. In fiscal 2017, the Kentucky Skills Network provided training for more than 120,000 Kentuckians and 5,700 companies from a variety of industry sectors.
About The Legacy Companies
The Legacy Companies, a privately owned company with a strong track record of acquiring and growing companies, is a leading food service and consumer products company that designs, manufactures and markets, nationally and internationally, a diverse portfolio of products under world-class brands such as Back-to-Basics®, Bevles®, Blakeslee®, ChefsChoice®, EdgeCraft®, Excalibur®, General®, Greenfield WorldTrade, Kold-Draft®, Maxximum®, Nautilus®, Omega®, WestBend®, Yonanas® and Zeroll®. The Legacy Companies is headquartered in Fort Lauderdale, FL. More information can be found on the Web at www.TheLegacyCompanies.com.
A detailed community profile for Bourbon County can be viewed here.
Information on Kentucky’s economic development efforts and programs is available at www.ThinkKentucky.com. Fans of the Cabinet for Economic Development can also join the discussion on Facebook, follow on Twitter and watch the Cabinet’s “This is My Kentucky” video on YouTube.
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MEDIA CONTACT
Contact: Meagan Bradley
(954) 202.7419
MBradley@TheLegacyCompanies.com
FOR IMMEDIATE RELEASE
The Legacy Companies Announces Eric Nelson as New Chief Financial Officer
FORT LAUDERDALE, FL – April 30, 2018
The Legacy Companies today announced that Eric Nelson will join the company as its Chief Financial Officer on May 22, 2018.
As CFO, Eric will have responsibility for accounting, finance, financial planning and analysis, mergers and acquisitions, legal and human resources. He will report to Neal Asbury, Chief Executive Officer at The Legacy Companies and Greenfield WorldTrade.
“Eric has worked with fast growth and distressed companies, both public and private, including valuation, negotiation, due diligence, conventional funding, rapid-expansion and turn-around,” said Asbury. “He is the type of executive we look for at Legacy. Someone with a unique blend of experiences that will fundamentally strengthen our organization as we continue to transform and grow.”
“I am excited to be joining Neal and the team at The Legacy Companies as we continue to tackle the goals set forth,” Nelson said. “Legacy’s financial strength paired with its talented team provides the opportunity to expand and ultimately achieve on-going success.”
Nelson is a Certified Merger and Acquisition Advisor, Certified Public Company Director in NASDAQ, Certified Financial and Valuation Modeler and a Certified Turnaround Professional. He has held Executive leadership roles at public and private companies and private equity firms. Nelson is a founding partner with consulting firm The SCA Group, LLC and has been CFO, COO and turnaround specialist of public company DubLi; VP, Partner and group CFO for private equity group Sun Capital Partners; SVP, CFO of public company West Marine, Dental Components Inc., Fluid-Air Components, and Etcetera. Nelson earned a Bachelor of Science degree from Portland State University has advanced strategic and operational training from The Wharton School at the University of Pennsylvania, UCLA, Purdue, Northwestern, Loyola, American Management Association, National Investor Relations Institute and the SEC Institute Inc.
Nelson takes over from long-serving CFO, Donald Cumming.
About The Legacy Companies:
The Legacy Companies, a privately owned company with a strong track record of acquiring and growing companies, is a leading food service and consumer products company that designs, manufactures and markets, nationally and internationally, a diverse portfolio of products under world-class brands such as Back To Basics®, Bevles®, Blakeslee®, Chef’sChoice®, Excalibur®, General®, Greenfield WorldTrade, Joseph Heinrichs®, Kold-Draft®, Maxximum®, Nautilus®, Omega®, Vinturi®, West Bend® Yonanas® and Zeroll®. The Legacy Companies is headquartered in Fort Lauderdale, FL. More information can be found at www.TheLegacyCompanies.com.
MEDIA CONTACT
Contact: Meagan Bradley
(954) 202.7419
MBradley@TheLegacyCompanies.com