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03-01-1984 Industrial Development Corporation Board of Directors Meeting (2)
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03-01-1984 Industrial Development Corporation Board of Directors Meeting (2)
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City Meetings
Meeting Body
Industrial Development Corporation
Meeting Doc Type
Minutes
Date
3/1/1984
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<br /> <br />Page 2 <br />Process Products, Inc. is a joint venture between <br />the above principles who own,51~ of the outstanding stock, <br />and Plant Specialties, Inc., who own the remaining 49g of <br />the stock. Plant Specialties, Inc. is a twelve ('12) year <br />old company specializing in valve sales and reconditioning. <br />Our home office is in Sulphur, La. and we also have a com- <br />plete shop and facility in Baton Rouge. We have fifty-five <br />(55) employee's with a 1983 payroll of one million, two <br />hundred and twenty-four thousand, nine hundred and sixty- <br />one dollars ($1,224,961.00). <br />Plant Specialties, Inc. Officers and directors <br />include: <br />Leroy C. Smith, Jr. - Age 43 - Chairman of the <br />Board <br />Nineteen (19) years experience in the valve <br />business, all aspects. <br />1965 - 1969 - Dresser Industries, Inc. <br />Alexandria, La. <br />1969 - 1974 - Vice-President of similar <br />valve company in Houston, <br />Texas <br />1975 - Present - Partner and Chairman of <br />Plant Specialties, Inc. <br />C.B. Walker, Jr. - Age 48 - President <br />Twenty-five (25) years experience in the valve <br />business, all aspects. <br />1959 - 1972 - Firestone, engineer <br />1972 - Present - Partner and President of <br />Plant Specialties, Inc. <br />Mel J. Faust, Jr. - Age 41 - Vice-President <br />Twenty (20) years experience in the valve <br />and instrument business. <br />1964 - 1977 - Dow Chemical Company, engineer <br />1977 - 1984 - Vice-President of Plant <br />Specialties, Inc. <br />
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