Live Ventures Celebrates 75 Years of Success at Precision Marshall
June 07 2023 - 8:30AM
Live Ventures Incorporated (NASDAQ: LIVE) (“Live Ventures”), a
diversified holding company, announced that it is celebrating
Precision Marshall’s 75 years in business. Based in Washington, PA,
and founded in 1948, Precision Marshall was acquired by Live
Ventures in 2020. Precision Marshall is a leading manufacturer of
premium steel tools and specialty alloys primarily for the
automotive, appliance, and aerospace and defense industries.
Precision Marshall manufactures pre-finished decarb-free tool
and die steel. For 75 years, Precision Marshall has been known by
steel distributors for its quick and accurate service and has led
the industry with exemplary availability and value-added
processing.
“Over the last 75 years, the success of our company has been
ingrained not only in our business strategy but in the execution of
our core values. Our core values include delivering higher value in
the product and services that we provide than can be found in our
competition. Our goal is to exceed product quality and customer
service expectations every day. Our primary goal is to help our
customers be successful. We have been able to accomplish our values
because of our people. I want to thank our past and present
employees, whose invaluable contributions have been the cornerstone
of our success. With our people, values, and purpose continuing to
guide us, our future will be bright,” said Thomas R. Sedlak, Chief
Executive Officer of Precision Marshall.
About Live VenturesLive Ventures is a
diversified holding company with a strategic focus on
value-oriented acquisitions of domestic middle-market companies.
Live Ventures’ acquisition strategy is sector agnostic and focuses
on well-run, closely held businesses with a demonstrated track
record of earnings growth and cash flow generation. The Company
looks for opportunities to partner with management teams of its
acquired businesses to build increased stockholder value through a
disciplined buy-build-hold long-term focused strategy. Live
Ventures was founded in 1968. In late 2011 Jon Isaac, CEO and
strategic investor, joined the Board of Directors of the company
and later refocused it into a diversified holding company. The
Company’s current portfolio of diversified operating subsidiaries
includes companies in the textile, flooring, tools, steel,
entertainment, and financial services industries.
Contact:Live Ventures IncorporatedGreg Powell,
Director of Investor
Relations725.500.5597gpowell@liveventures.comwww.liveventures.com
Source: Live Ventures Incorporated
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/4edb4b46-d6cb-4631-8723-500e7bb4cb2e
Live Ventures (NASDAQ:LIVE)
Historical Stock Chart
From Oct 2024 to Oct 2024
Live Ventures (NASDAQ:LIVE)
Historical Stock Chart
From Oct 2023 to Oct 2024