Team effort saves Sanders

摘要

Itasca, Ill.- Employees at Sanders Tools and Supplies exhaled sighs Vpf relief April 17 when president Hunt Taylor told them that a group of other investors had bought back the company. Sanders was part of Integra Integrated Procurement Solutions, which went out of business earlier this spring. A group of some key employees, including vice president-general manager Sue Koehler, re-acquired the company for $6.3 million. Taylor, whose father, Harold Taylor, was one of five partners who opened the distributorship in 1938, will remain as president. Integra acquired Sanders Tools and Supplies two years earlier for its specialty services in cutting tools, abrasives and precision instruments.