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ACR Projects Business Improvement For 1984 ACR Electronics, Inc., manufac- turers of marine search, safety and rescue equipment, held its an- nual National Sales Conference August 11-13 in Ft. Lauderdale. This year an expanded program included all regional ACR sales representatives and their wives. The conference reviewed sales forecasts and projected a 20 per- cent increase in all territories for the upcoming fiscal year. Last year's sales accomplish- ments were recognized in a formal ceremony. Ray Thomas of Ray Thomas and Associates-Houston was cited as top producer for ACR. Representative organization of the year was awarded to Ocean Mar- keting-Boston (previously Peter Sutton Co.). The largest percentage increase of sales was granted to Jack Laurain of Rhumb Line- San Diego. According to George Woods, new marketing programs were in- troduced to strengthen ACR's user awareness including the 1983/84 media schedule, new literature, price schedules, terms and poli- cies, a revised inquiry handling and screening program, and a dealer kit. For information on ACR products, Write 39 on Reader Service Card Salen & Wicander Opens South Korean Office Salen & Wicander AB, Solna, Sweden, has opened an office in Pusan, South Korea, promoting all the group products including Si- wertell ship unloaders and marine radars. The office will be managed by Hans Reppling. Concurrently, Tommy Olsson will become man- ager of the Jungner Marine New York office, and Claes Lindblad will assume management of the Gothenburg office. Ogden Corporation Announces Spinoff Of Ogden Marine Inc. Ralph E. Ablon, chairman of Ogden Corporation, has an- nounced that Ogden's board of di- rectors have approved a plan to distribute the stock of Ogden Ma- rine, Inc. (OMI) to Ogden stock- holders. It is expected that the spi- noff will be completed in late December 1983 or early 1984, con- ditioned upon deliveries of three vessels later in the year, and com- pletion of certain pending financ- ings and other matters. OMI cur- rently owns and operates 29 oceangoing ships approximating 1,780,000 deadweight tons, includ- ing 18 tankers, 5 bulk carriers, 3 car/bulk carriers, 2 liquefied petro- leum gas vessels and 1 ore/bulk/oil carrier. Ogden is seeking a ruling from the Internal Revenue Service that the spinoff will be tax-free to Og- den stockholders and expects the ruling to be favorable. The exact record date, distribution date and ratio for the OMI spinoff will be announced later. The OMI shares will trade in the over-the-counter market. Mr. Ablon said that the spinoff supports the Ogden strategy of emphasizing service activities which are not debt-intensive, cap- ital-intensive or cyclical. He added that the capital commitments re- quired to maintain and expand the OMI fleet would conflict with the services-oriented strategy. Following the spinoff, OMI's current management is expected to continue. Michael Klebanoff, president of OMI, will also con- tinue to serve on the Ogden board. We're making, the best boat shafting longer—to 38 feet Armco AQUAMET Now you can gain all the benefits of Armco"" AQUAMET® Boat Shafting in longer length boat shafts. We've installed a new Precision Rotary Forge at our Baltimore, Maryland stainless steel producing facility to provide you with AQUAMET Boat Shafting in lengths up to 38 feet, depending on diameter and surface finish. But that's not all this state-of-the-art equipment offers you. We're able to pro- duce a straighter bar to tighter tolerances as forged. And time to produce shafting is reduced, so you get faster delivery. Let us show you how we can meet your boat shafting needs better with this family of premium-quality Armco AQUAMET Boat Shafting: AQUAMET 17—Outstanding strength, toughness and corrosion resistance for extra-rugged service. AQUAMET 18—Economical strength, corrosion resistance and superior toughness. AQUAMET 19—Corrosion resistance better than AQUAMET 17 and 18, strength and corrosion resistance better than Type 304. AQUAMET 22—Best seawater corrosion resistance plus excellent strength and toughness. Full information-FREE Write us today for your free copy of the Armco AQUAMET Boat Shafting Product Data Bulletin. This 44-page bulletin con- tains complete mechanical and physical properties, corrosion resistance informa- tion, machining guidelines, and design curves. Armco, Stainless Steel Division, Dept. SS-143, Box 600, Middletown, Ohio 45053. ARMCO STAINLESS w blhtL v DIVISION November 1, 1983 Write 605 on Reader Service Card 13