Catastrophic-type damage, deaths from tornado that hit Bowling Green, KY. President Biden declares federal emergency in tornado-ravaged Kentucky, One of the toughest nights in Kentucky history. 70 or more feared dead in tornadoes, See photos, videos of tornado damage, devastation throughout Kentucky, 70 unaccounted for after tornado crushes Kentucky candle factory. -Colonial Candle Company It's 227 miles southwestof Louisville and 134 miles northwest of Nashville. "The project received an $86,000 grant from the One North Carolina Fund, a state fund designed to create new jobs, and which requires local matches. "The day shift may start anywhere between 4:30 a.m .and 7:00 a.m. depending on the position, and the afternoon shift starts at 5:00p.m.". According to Parsons-Perez, inmates from the Graves County Jail were working at the Mayfield Consumer Products candle factory when the building collapsed. }); Our world is awash in DATA In fact, more data has been c[]. We believe that Ascense Brands will become a market leader in the U.S. Air Care private label space with approximately 35% market share and strong growth potential. Ascense Brands intends to leverage Luminexs and GP Globals existing customer relationships to enter new product categories and will continue to capitalize on over 100-year-old brands, Colonial Candle and Candle-lite, in the brick and mortar and digital retail spaces. Lots of debate news. According to a July 2018 press release, the companywas founded in Mayfield in 1998 and employed 245 people at the time. Candle-lite has a long and storied history in the United States. Troy R. Propes - MVP Group International, Inc., Charleston, South Carolina GP Global's primary assets are controlling stakes in MVP Group International, Inc. and Primacy Industries Ltd, two leading Air Care solution companies based out of the U.S. and India,. About Us, Home & Car Fragrance | Yankee Candle GP Global has a strong portfolio of in-house brands coupled with existing partnerships with major retailers across Europe and the U.S. GP Global will bring key platform capabilities such as centres of excellence for digital & analytics, product development expertise, global sourcing & global manufacturing base to the combined entity. "All you could hear was screams from people," Logue told a Courier Journal reporter at the site in Mayfield Saturday afternoon as she came back to see if she can salvage anything, as she said she lost her debit cards, Social Security card and IDs in her car. The newly formed company intends to earmark the cash for funding growth. Loeb & Loeb LLP is serving as legal counsel to Global Consumer Acquisition Corp.ARC Group Limited is serving as the financial advisor to Global Consumer Acquisition Corp.Duff & Phelps Securities, LLC is serving as the financial advisor to Luminex. . We want to see you succeed - Contact us for any questions or concerns! Primacy Industries also has a strong, emerging personal care segment. for convenient one-stop shopping, Our authorized service partners are always within arms length ready to better serve our clients and their clients as well. It was founded in 1840 by the English immigrant Thomas J Emery. See more MVP Candle Factory reviews. A complete line of odor eliminating candle and home scent products. var postSlot0, postSlot1, postSlot2, postSlot3, postSlot4, postSlot5, postSlot6, postSlot7; An elite leader of young people. LexCath hires St. Xavier assistant as football coach. Sign up for our newsletter and be the first to know about coupons and special promotions. It is the world's largest manufacturer of private label scented candles with additional presence in contract manufacturing and also owns premium branded candles. MVP focuses on producing quality candles for popular brand name companies, while striving to create an. Stockholders will also be able to obtain copies of the preliminary proxy statement, the definitive proxy statement, and other relevant materials filed with the SEC that will be incorporated by reference therein, without charge, once available, at the SECs website atwww.sec.govor by emailingIR@globalconsumercorp.com. But Propes, the company CEO,did post a statement on the company's website Saturday evening. Additional national and international brands that will be within its portfolio at closing include Manly Indulgence, CL Co and PartyLite. Jones Day is serving as legal counsel for Luminex. Its a reflection of the dedicated employees that continue to surpass our customers expectations.". Caring gets us through tragedy. What other losses can teach Kentucky as it mourns. 363 total shipments. The Yankee Candle Company. It designs, manufactures and markets branded candles and home fragrance products. With international and domestic manufacturing facilities and numerous worldwide resources, we are able to combine proven strategies for success that best suit your companys goals and meet your customers expectations. In the near future we are going to be launching a complete new line of candles, while still holding on to the tradition of Colonial Candle. Bob Ferguson, a spokesman for the candle factory company said Monday all 110 workers in the factory had been accounted for, with eight confirmed deaths and 102 survivors. GetDirections. MVP Group International, Inc. - Charleston, SC - Company Page The Mayfield Consumer Products candle factory that was reduced to rubble after being hit by a fierce tornado Friday evening is now at the center of questions over whether the company did enough to prevent the deaths of eight people trapped inside the building. And yet, this storm proved differently.. Learn! Past profits do not guarantee future profits. Candle and Soap Making Kits, The Easiest Way to Start! Global Consumer Acquisition Corp. is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Mission and values Share your experience to help others. The plant expansion will include new production equipment and product lines and an additional 100,000 plus square feet of distribution center space. Support my work with a digital subscription. Instead, the courts said, he should have pursued his grievance through an employment service office, as his labor agreement required. The Propes family announced in 2018 that it had divested its interest in MVP Group International while retaining family ownership of Mayfield Consumer Products. The courts ruled that Hernandez, having signed a labor agreement with the company and having later been returned to Puerto Rico, should not have access to Kentucky courts. Bold fragrances and design, made for the ones that stand out from the crowd. The two companies will become wholly owned subsidiaries of GACQ, which plans to change its name to Ascense Brands and trade on Nasdaq under the ticker SCNT. var postSlot0 = googletag.defineSlot("13051489/GiftsandDec", [1, 1], "div-gpt-ad-singpost-9997770808178-0").addService(googletag.pubads()).setTargeting("SCmodule",134435); Pro Candle Supply - Candle and Soap Making Supplies MVP to Expand Colonial Candle Plant - Gifts & Decorative Accessories Trail to 23: Ad wars escalate. Share your experience to help others. The SPAC merger deal, which is expected to close in early 2022, has been unanimously approved by the boards of directors of GACQ, GP Global, and Luminex. Gifts & Decorative Accessories delivers the latest gift and toy industry news, new product introductions, important consumer trends, store operation solutions, trade show news, technology updates and much more. . MVP Group International, Inc. is a global leader in home fragrance. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. We design and manufacture various private label and branded candles, candle accessories, home fragrance products, and decorative accessory gift products for major retail customers throughout the world. Inside the MCP factory from 2 survivors accounts. The company racked up$16,350 in penalties. Their size is perfect for bigger rooms, or if you need these candles for festive occasions. -Olde South Wedding Candles MVP Group International, Inc. is a company based on rich heritage, family roots and strong values. Emery went door-to-door peddling candles and various other household items that he made in his small workshop. They did not. To promote quality assurance practices are being utilized in all areas of production. CDC advises those at high risk for COVID mask up in these 3 KY counties. call +44 2030978888 support@capital.com, CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A Kentucky candle factory devastated by a tornado was actively hiring "Our hearts are with their loved ones and the entire Mayfield community, and we have reached out to thefactory owners to identify how we can directly support MCP associates and their families, as well as to determine other resources that would be most helpful at this time and in the months to come," the company said. var postSlot0, postSlot1, postSlot2, postSlot3, postSlot4, postSlot5, postSlot6, postSlot7; Mayfield Consumer Products is a Kentucky-based, family-owned designer and manufacturer of branded candles and home fragrance products. Rate your recent company. It's cars from the parking lot that is on top of it,"Beshear said during a press conference. Heres what we know about it. Candle manufacturers plan to hit Nasdaq with SPAC merger - Capital Here are their names, "We're gonna lose a lot of lives at that facility," Beshear said at the time. Learn How to Make Candles & Soaps. The SPAC merger deal would provide $117.5m in net proceeds. He joined the newspaper in 1997 and previously worked in its Washington and Frankfort bureaus and covered the courthouse beat. These cookies do not store any personal information. … We are trapped. Website (270) 395-0371. This election contest is getting expensive and were still in primary season. Candles. The only noise you could hear was the screams of the people that were trapped.' The citations listed problems with electrical protective equipment; maintenance, safeguards and operational features for exit routes; and personal protective equipment. Place them with pillar candles of complementing colors to create a festive setting for any occasion. A recent listing for a full-time candle production position had a starting wage of $8 per hour and required 10- to 12-hour shifts. googletag.pubads().enableSingleRequest(); "'I'm at work in Mayfield, and we are trapped," she said in a video posted to Facebook posted Friday night. Orders Shipping Within 1-2 Business Days! 8. When a tornado destroyed the factory late Friday, seven jail inmates were working inside. Andy Beshear called it miraculous that more people weren't found dead amidthe smashed and splintered remains of the factory at 112 Industrial Drive -- wreckage he described as nothing he'd ever seen. The candle factory was hiring, advertising 10-hour and 12-hour shifts that started at $8 an hour 75 cents more than minimum wage. The transaction values the combined entity at an enterprise value of approximately $507.1 million, with up to approximately $117.5 million in net cash to fund growth. Select a topic to see what people are saying about different issues Professional development Explore skills and training, pay raises and promotions and management and culture. As of Sunday afternoon, it appeared the company deleted its Facebook page and changed its website. 2 Close Industry Peers See similar companies for insight and prospecting. The. Rate your recent company. It's pretty awful to witness. At least eight of the casualties from the Dec. 10 tornadoes were in a candle factory in Western Kentucky where 110 people were working before the storm hit. 10 Stationery Brands Take Top Prize at 2023 *Noted: The Greeting Card Expo, Your California Privacy Rights/Privacy Policy. Enter your email to stay updated with new launches and offers. Kits! In 2000, MVP Group International moved its headquarters from Mayfield to Charleston, S.C., where Mary V. Propes had taken up residence. These statements are based on various assumptions and are subject to a number of risks and uncertainties, including, without limitation (1) the inability of the parties to successfully or timely consummate the Luminex stock purchase agreement and the GP Global stock purchase agreement, including the risk that any required regulatory approvals (including approval from antitrust regulators) are not obtained, are delayed or are subject to unanticipated conditions that could adversely affect GACQ or the expected benefits of the Luminex stock acquisition and the GP Global stock acquisition (collectively, the Stock Acquisitions), if not obtained; (2) the failure to realize the anticipated benefits of the Stock Acquisitions; (3) matters discovered by the parties as they complete their respective due diligence investigation of the other parties; (4) the ability of GACQ prior to the Stock Acquisitions, and GACQ following the Stock Acquisitions, to maintain the listing of GACQs shares on Nasdaq; (5) costs related to the Stock Acquisitions; (6) the failure to satisfy the conditions to the consummation of each of the Stock Acquisitions, including the approval of the Luminex stock purchase agreement and the GP Global stock purchase agreement by the shareholders of GACQ and the receipt of a fairness opinion with respect to the GP Global stock acquisition; (7) the risk that the Stock Acquisitions may not be completed by the stated deadlines and the potential failure to obtain an extension of the stated deadlines; (8) the inability to complete a PIPE transaction; (9) the outcome of any legal proceedings that may be instituted against GACQ, Luminex or GP Global related to the Stock Acquisitions; (10) the attraction and retention of qualified directors, officers, employees and key personnel following the Stock Acquisitions, GACQs ability following the Stock Acquisitions to compete effectively in a highly competitive market, the ability to protect and enhance Luminexs and GP Globals corporate reputation and brands; (11) the impact from future regulatory, judicial, and legislative changes in Luminexs and GP Globals industry; (12) the future financial performance of GACQ following the Stock Acquisitions, including the uncertain effects of the COVID-19 pandemic; (13) the ability of GACQ to forecast and maintain an adequate rate of revenue growth and appropriately plan its expenses; (14) the risk that the Stock Acquisitions disrupt current plans and operations of Luminex and GP Global as a result of the announcement and consummation of the Stock Acquisitions; (15) the possibility that Luminex or GP Global may be adversely affected by other economic, business, regulatory, and/or competitive factors; (16) the evolution of the markets in which Luminex and GP Global compete, including ecommerce; (17) the ability of Luminex and GP Global to anticipate and respond to changing consumer preferences and merchandise trends; (18) the ability of Luminex and GP Global to implement their existing strategic initiatives and continue to innovate their existing products; (19) the ability of Luminex and GP Global to defend their intellectual property; (20) the risk that Luminex and GP Global may not be able to execute their growth strategies and the timing of expected business milestones; (21) the risk that Luminex and GP Global may not be able to recognize revenue for their products or secure additional contracts that generate revenue; (22) Luminexs and GP Globals performance, capabilities, strategy, and outlook; and (23) other risks and uncertainties indicated from time to time in the final prospectus of GACQ for its initial public offering and the proxy statement relating to the proposed business combination, including those under Risk Factors therein, and in GACQs other filings with the SEC.

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