Alliance Laundry Systems 2014 Annual Report. ^ a b Archived at the Wayback Machine.Later in 2015, a majority stake was sold to BDT Capital Partners. In April 2015, it was reported that Ontario Teachers' Pension Plan was planning to sell Alliance Laundry or issue an IPO, valuing the business at $1.8 billion. In March 2014, the Alliance Laundry acquired Primus Laundry Equipment headquartered in Gullegem, Belgium for approx. In 2009, the Alliance Laundry Systems University (ALSU) was founded as a corporate university available online to authorized Alliance Laundry Systems distributors, route operators and customers. In January 2005, Teachers' Private Capital, the private equity affiliate of the Ontario Teachers' Pension Plan acquired the majority of the equity interests of Alliance Laundry for $450 million. And as a result, Alliance Laundry Systems was formed. In February 1998, private equity firm Bain Capital agreed to acquire the commercial laundry business from Raytheon for $358 million. In 1979, McGraw-Edison sold its appliance division to Raytheon Company. Eventually Barlow & Seelig was renamed Speed Queen Company, and was later purchased by McGraw-Edison. The Speed Queen brand was created in 1928 with the introduction of stainless steel wash tubs in 1939 and automatic washers and dryers in 1952. The company's precursor Barlow & Seelig Manufacturing was established in 1908 and later introduced a hand-operated washer to the marketplace. However, Alliance claims the precursor's founding date as the beginning for the company. The company was founded in 1998 and is based in Ripon, Wisconsin. Alliance Laundry Systems manufactures products under the brands Speed Queen, Primus, Huebsch, IPSO, and UniMac. Among the company’s products are washers, drying tumblers and ironers for the coin laundry, multi-housing laundries, institutional laundries and laundries for consumer residences. The company designs, manufactures, and markets a line of commercial laundry equipment under various brands in over 100 countries. President Joe Biden.Alliance Laundry Systems LLC is a provider of commercial laundry systems. NATO Secretary General Jens Stoltenberg met at the White House on Tuesday with U.S. Objections from Turkey and Hungary have delayed the bid and Sweden now hopes to join by a NATO summit in Lithuania next month. Sweden applied last year to join NATO as a result of Russia's invasion of Ukraine. side, therefore, the ministry considered the matter closed," Hungary said. "During the previous government term, the government commissioner in charge of procurement requested information about HIMARS missile systems in a letter with a March 2022 deadline. The Hungarian Defense Ministry released a statement via the state news agency MTI saying it did not intend to buy HIMARS systems. Risch's decision to block the deal was first reported in the Washington Post, which said the sale included 24 HIMARS rocket launcher batteries and more than 100 rockets and pods along with associated parts and support. They regularly ask questions or raise concerns over human rights or diplomatic issues that can delay or stop weapons sales. law, major arms deals are reviewed by the top Democrats and Republicans on the Senate Foreign Relations Committee and the House of Representatives Foreign Affairs Committee. "Hungary should take the actions necessary to allow Sweden into the alliance, and soon," he said. military equipment to Hungary will be on hold," Senator Jim Risch said in a statement. "Given promises that were made to me and others last year that this vote would be done, and the fact that it is now June and still not done, I decided that the sale of new U.S. Senate Foreign Relations Committee said on Wednesday he was blocking a $735 million arms sale to Hungary because its government has refused to approve Sweden's bid to join NATO. WASHINGTON, June 14 (Reuters) - The top Republican on the U.S.
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