From the "other" vcar thread!!!
Subject: VCAR - Vector Aeromotive
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To: George C. Grasser (70 )
From: Jerry L. Price
Feb 5 1997 1:40PM EST
Reply #71 of 73
George, here are a couple of announcements that came out today may be of intrest to
the investors here:
Wednesday February 5 11:13 AM EDT
Tradelink Places Vector As Cornerstone In New Luxury Lifestyle
Product Venture
SANTA MONICA, Calif., Feb. 5 /PRNewswire/ -- Tradelink International LTD.
announced today intention to place Vector
Aeromotive Corp as the cornerstone of its high end luxury lifestyle products company.
Randall Welty, chairman of Tradelink
said, "The Vector acquisition will provide the appropriate vehicle in which to build a
company with true international scope."
Upon the closing with Tradelink, Vector will not only renew production of its M-12
exotic sports car, but proceed with its
announced acquisition of Stuart 51, a well established replica aircraft company.
"We are currently reviewing additional acquisition opportunities from several
companies, including yacht builders and
manufacturers of other luxury lifestyle products," said Welty. "It's clear that the new
Vector Aeromotive Corporation will be on
the cutting edge as the premium high dollar American manufacturer of luxury lifestyle
products."
With Tradelink's guidance and through acquisition, it is believed Vector's sports car
manufacturing will become a major part of
a much larger organization within the multi-billion dollar luxury lifestyle products
industry. SOURCE Tradelink International
LTD.
Wednesday February 5 11:11 AM EDT
Vector Aeromotive Shifts Gears To Become A Major Player In
Multi-Billion Dollar Luxury Lifestyle Products Industry
JACKSONVILLE, Fla., Feb. 5 /PRNewswire/ -- Vector Aeromotive Corp
announced today that the proposed investment
by Tradelink International LTD. to acquire controlling interest will allow the company
to continue development and
manufacturing of its exotic sports car, the M-12.
Vector president, D. Peter Rose said, "We are pleased that our Tradelink connection
will allow us to not only renew
production of the M-12, but expand the Vector nameplate and recognition in other
areas of the luxury lifestyle products
industry."
With Tradelink's guidance and through acquisition it is believed Vector's sports car
manufacturing will become a major part of
a much larger organization in the multi-billion dollar luxury lifestyle industry. SOURCE
Vector Aeromotive Corporation
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