North Adams coin holder maker Air-Tite offered to California company | Business

NORTH ADAMS —  A tiny, family-owned enterprise that has designed plastic coin holders for more than 40 several years has been offered to a California-centered agency that manufactures resources for photo and scrapbooking albums and protecting sleeves for pc tablets.

Air-Tite Holders on Curran Freeway recently was marketed for $1.4 million to a local affiliate of Extremely Professional Worldwide, of Commerce, Calif., in accordance to documents filed at the Northern Berkshire Registry of Deeds in Adams.

Extremely Pro, launched in 1952, is a top maker of sports activities and gaming collectible add-ons, in accordance to its website. The disposable protective sleeves are trademarked.

Ultra Professional also owns Hanover Components, of Minnetonka, Minn., a distributor of items created from purely natural or gentleman-designed fibers. Air-Tite by now is listed with Hanover as a subsidiary of Ultra Professional on that company’s web site, and North Adams Mayor Thomas Bernard mentioned the new proprietors plan to keep the organization in the city and sustain it in its current form.

North Adams waived its appropriate of 1st refusal on Air-Tite’s web-site in the Robert Hardman Industrial Park so the new house owners could choose over the assets, Bernard explained.

The company’s former owner, Therrien Tanner Enterprises LLP, is a confined legal responsibility partnership consisting of brothers Glenn and Scott Therrien and their stepmother, Anne Therrien Tanner. Glenn and Scott’s father, the late Norman Therrien, was an inventor who founded Air-Tite in 1980, soon after shelling out 33 years at Basic Electrical Ordnance crafting specialized manuals for submarines.

Norman Therrien, who died in 1997, made Air-Tite’s technique of holders and rings created of molded plastic that can in shape all varieties and dimensions of coins. The rings can be altered to develop into greater or scaled-down so that collectors can maintain a number of dimensions of cash in just the exact holder. Air-Tite has made these products and solutions due to the fact the organization was started in Dalton 41 several years back.

Air-Tite resided at five areas in Dalton, then invested 10 a long time at the Wyandotte Mill in Pittsfield right before relocating to North Adams. The organization has been at its latest place, in the back of the Robert Hardman Industrial Park on Curran Freeway, since 2004.

In an interview with The Eagle in 2015, Scott Therrien mentioned he was not absolutely sure how his father invented the ring method to maintain coins.

“It’s inconceivable to deliver molds for each and every solitary coin which is been made, even the U.S. cash from the 1700s and 1800s right up until now,” Scott explained. “But, my father was equipped to occur up with four dimensions of holders. Within these holders, there is a ring which is black and white that has four distinctive openings to gauge for coins.”

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Kroenke Sports & Entertainment ramps up esports business

Kroenke Sports & Amusement is delivering a jolt of vitality to its esports efforts, launching a team into Riot Games’ Valorant level of competition, rebranding its total esports operation and setting up up its SoCal esports facility operations. The new KSE esports division will be branded “The Guard,” which will feature a medieval concept and seem to tap into the organization’s L.A. roots. The division presently fields groups in Overwatch League (L.A. Gladiators) and Call of Responsibility League (L.A. Guerrillas). “We experienced to occur up with a brand that actually felt like it could encapsulate all of our models underneath one roof,” claimed KSE Senior VP/Crew Functions Alex Rubens. “Our thesis, given that the incredibly commencing, has been seeking to tie all of the brand names collectively underneath a central state of mind. And so for us, that was that the Gladiators are warriors. Guerrillas are also warriors in their personal appropriate, potent. We preferred one thing that can contain all of those people and truly be a element of it, that’s why, ‘The Guard.’”
 
Hold ON ROCKING: As portion of KSE’s mission to entrench its teams in the L.A. industry, the firm is producing ideas for The Guard in a few several years to move to a new dedicated esports facility on the grounds of Hollywood Park near SoFi Stadium. But KSE is not sitting back waiting for the venue to be produced. More than the following handful of several years, The Guard will get a new functions facility in Playa Vista, which will be dubbed The Keep. “The timing was just ideal,” Rubens explained. “If you have seen every little thing that has transpired because of COVID-19 there was a great deal of uncertainty. We preferred to make absolutely sure to develop at the ideal time and not soar in at a time where it really is uncertain. Creating guaranteed that we released this branding at a time exactly where we could expand our fanbase was vital to us.”

FOR THE Supporters: The Continue to keep will have its share of usual business and competitive space, considerably like that of other esports amenities, but what KSE thinks sets this aside from the other services — and will be replicated with the move to Hollywood Park — are enthusiast-centric areas. “Our intention was to actually build out a area that the teams could apply and contend from — a central spot,” stated Rubens. “But we also wanted to go major on the lover working experience side. Our facility will be an attraction the place lovers can appear enjoy us engage in and substantially much more.” The Maintain will have a devoted space for huge activations, look at functions and newbie or professional competitions. “We have a huge region in the back again with its personal roll-up door that fans will be capable to enter for our check out get-togethers and other activities,“ notes Rubens. “We’ll have the store back again there much too, but that isn’t the

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BUSINESS BRIEFS: Open house at Kenver; PS21 adds four to board; Salisbury Bank holds 14th annual food drive

Kenver, Ltd. will hold an open house on Thursday, Nov. 4 from 4-6 p.m. The public is invited to meet the shop’s new owners while enjoying light refreshments. Illustration courtesy Kenver

SOUTH EGREMONT — On August 31, longtime South Egremont sportswear boutique and outdoor retail hub Kenver, Ltd. was sold to OvareVentures, which is headquartered in Glendale, California.

On Thursday, Nov. 4 from 4-6 p.m., the public is invited to meet Kenver’s new owners at an Open House. The South Egremont Spirit Shoppe will supply the beer and cheese, and Rubiner’s Cheesemongers & Grocers will bring the charcuterie.

Founded in 1959 by the late sportsman and skier Ken Vermeulen, Kenver specializes in best-in-category sports equipment, including skis, bikes, snowboards, and ice skates. Kenver also sells seasonal designer sporting apparel and footwear, and features a dedicated bootery cellar with fitting specialists as well as a curated collection of artisan wares and home accessories.

Kenver’s historic building at 39 Main Street was built in 1731 as a stagecoach stop, and it maintains its ambiance with fireplaces and antiques. Kenver has twice been named “Best of New England” in the Ski, Snowboard and Cross-Country Shop Awards presented by New England Winter Sports Representatives, Inc.

—A.K.

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PS21 welcomes four new board members

PS21’s new board members, L to R clockwise: Judith Albert, Sarah Chalfant, Leslie Lassiter, and Louis Hedgecock. Photos courtesy PS21

CHATHAM, N.Y.PS21 has welcomed Judith Albert, Sarah Chalfant, Louis Hedgecock, and Leslie Lassiter to its board of directors. Distinguished professionals in the fields of architecture, finance, law, and literary agency, they all share PS21’s commitment to expanding the audiences for original contemporary performing arts and artists in the Hudson Valley and beyond.

Judith Albert is board chair of Cornerstone Capital Group, which develops and manages investment strategies whose goals are to combine environmental and social impact with financial performance. A graduate of Yale University and Harvard Law School who has studied and worked in Latin America, her career has taken her from the Ford Foundation to corporate law at Paul Weiss, investment banking at JP Morgan and Bear Stearns, and Environmental Entrepreneurs (E2), a community of business leaders who promote sound environmental policy to grow the economy. Albert serves on the boards of Inside Climate News and the North Chatham Library and is on the finance committee of the Latin American Studies Association. Since 2015, she has taught a course in Corporate Social Responsibility at The New School.

Sarah Chalfant is a director and board member of The Wylie Agency, a global literary agency with offices in London and New York. Educated at the University of Cambridge, she divides her time between the U.K. and the U.S. and has a home in Livingston, New York.

A native of Texas, Louis Hedgecock graduated from Rice University with a BA in architecture, art, and English and received an M.Arch. from Columbia. A practicing architect for more than 40 years, he has designed hotels and office buildings in

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Esports talent in S.Korea gets boost from big business, easing of gaming ban

SEOUL, Oct 28 (Reuters) – South Korean teenager Yoon Ki-chan gets just three hours of sleep a day but spends more than three times that playing online games – with the blessing of his parents and teachers – as he dreams of becoming a top pro League of Legends player.

Yoon and his peers are the next generation of gamers in South Korea, a fast-growing esports powerhouse whose players have won Riot Games’ League of Legends World Championship six times since the most-watched esports event began in 2011.

They will also benefit from the country’s announcement in August that it would abolish a decade-old law which bans those below the age of 16 from playing online games on computers from midnight to 6 a.m, over a growing consensus that youths are increasingly using their mobile phones instead.

“I suffered a lot from the shutdown law. I typically don’t sleep a lot, so I studied different things during the shutdown hours. If it weren’t for the law, I could have been a better player by now,” said Yoon, who says he can game at least four hours more now since turning 16 this year.

South Korea’s move is in contrast to that of China, the world’s biggest esports market, which in late August drastically limited the amount of time under-18s can spend on video games to a mere three hours a week. read more

Esports will also feature as a medal sport for the first time at the Asian Games in Hangzhou next year.

“China’s game regulation could be a rather good opportunity for us to build strength and regain the esports initiative,” said Park Se-woon, vice president at Seoul Game Academy that offers programmes to nurture pros.

Park said the private academy has seen a 30-fold jump in daily consultations since it started this programme in 2016.

GOVERNMENT APATHY?

Despite the growing international status and interest among prospective professional players, government support for the esports industry, estimated in 2020 to be worth around 17.9 trillion won ($15.2 billion), has been lacklustre, experts say.

Esports and the gaming sector received 67.1 billion won of the 604.4 trillion won national budget for next year.

But the Ministry of Culture, Sports and Tourism wants to do more, especially ahead of organised competitions such as the Asian Games, an official said without giving details.

In the meantime, the space has been filled with investments from big businesses and private educational institutes.

Instant noodle maker Nongshim Co Ltd (004370.KS) launched its professional League of Legends gaming team, Nongshim RedForce, late last year, joining other South Korean conglomerates that have seen potential in the industry.

Among them are SK Group’s SK Telecom Co Ltd (017670.KS), Hyundai Motor Co (005380.KS) affiliate Kia Corp (000270.KS), Hanwha Group’s Hanwha Life Insurance (088350.KS) and KT Corp (030200.KS).

“The esports industry continued growing, but the state-led support measures have been weak, with corporate sponsorships and private academies mainly having driven the industry,” said Oh Ji-hwan, CEO of Nongshim E-Sports.

Oh said

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