Economy of Ohio

Cedar Fair Completes Issuance of $300 Million Senior Unsecured Notes

Retrieved on: 
Wednesday, October 7, 2020
Entertainment, General Entertainment, Theme Parks, Vacation, Lodging, Destinations, Travel, Amusement parks, Entertainment, Cedar Point, Sandusky, Ohio, Economy of Ohio, Cedar Fair, Canada's Wonderland, Magnum, Paramount Pictures, Kings Entertainment Company

Cedar Fair, L.P. (NYSE: FUN) (the Company or Cedar Fair) today announced that it, together with its wholly owned subsidiaries Magnum Management Corporation (Magnum), Canadas Wonderland Company (Cedar Canada) and Millennium Operations LLC (Millennium), has completed the issuance of its previously announced private offering of $300 million aggregate principal amount of 6.500% Senior Notes due 2028 (the Notes).

Key Points: 
  • Cedar Fair, L.P. (NYSE: FUN) (the Company or Cedar Fair) today announced that it, together with its wholly owned subsidiaries Magnum Management Corporation (Magnum), Canadas Wonderland Company (Cedar Canada) and Millennium Operations LLC (Millennium), has completed the issuance of its previously announced private offering of $300 million aggregate principal amount of 6.500% Senior Notes due 2028 (the Notes).
  • Obligations under the Notes are guaranteed by the Companys wholly owned subsidiaries that guarantee its senior secured credit facilities (other than Magnum, Cedar Canada and Millennium).
  • Cedar Fair Entertainment Company (NYSE: FUN), one of the largest regional amusement-resort operators in the world, is a publicly traded partnership headquartered in Sandusky, Ohio.
  • Cedar Fairs parks are located in Ohio, California, North Carolina, South Carolina, Virginia, Pennsylvania, Minnesota, Missouri, Michigan, Texas and Toronto, Ontario.

Cedar Fair Announces Pricing of $300 Million Senior Unsecured Notes

Retrieved on: 
Thursday, October 1, 2020
Theme Parks, General Entertainment, Entertainment, Amusement parks, Entertainment, Sandusky, Ohio, Magnum, Economy of Ohio, Canada's Wonderland, Cedar Fair

Cedar Fair, L.P. (NYSE: FUN) (the Company or Cedar Fair) today announced that it, together with its wholly owned subsidiaries Magnum Management Corporation (Magnum), Canadas Wonderland Company (Cedar Canada) and Millennium Operations LLC (Millennium), has priced $300 million aggregate principal amount of 6.500% senior notes due 2028 (the Notes).

Key Points: 
  • Cedar Fair, L.P. (NYSE: FUN) (the Company or Cedar Fair) today announced that it, together with its wholly owned subsidiaries Magnum Management Corporation (Magnum), Canadas Wonderland Company (Cedar Canada) and Millennium Operations LLC (Millennium), has priced $300 million aggregate principal amount of 6.500% senior notes due 2028 (the Notes).
  • The Notes were priced at 100% of the aggregate principal amount of notes offered.
  • Obligations under the Notes will be guaranteed by the Companys wholly owned subsidiaries that guarantee its senior secured credit facilities (other than Magnum, Cedar Canada and Millennium) (the Credit Facilities).
  • Completion of the offering of the Notes is subject to, among other things, standard closing conditions.

Cedar Fair Announces Offering of $300 Million Senior Unsecured Notes

Retrieved on: 
Thursday, October 1, 2020
Retail, Theme Parks, Entertainment, Family, Lodging, Destinations, Travel, Consumer, Restaurant, Bar, General Entertainment, Teens, Vacation, Children, Food, Beverage, Amusement parks, Entertainment, Cedar Point, Sandusky, Ohio, Economy of Ohio, Magnum XL-200, Magnum, Canada's Wonderland, Cedar Fair

Cedar Fair, L.P. (NYSE: FUN) (the Company or Cedar Fair) today announced that it, together with its wholly owned subsidiaries Magnum Management Corporation (Magnum), Canadas Wonderland Company (Cedar Canada) and Millennium Operations LLC (Millennium), intends to commence a private offering of $300 million aggregate principal amount of senior unsecured notes due 2028 (the Notes).

Key Points: 
  • Cedar Fair, L.P. (NYSE: FUN) (the Company or Cedar Fair) today announced that it, together with its wholly owned subsidiaries Magnum Management Corporation (Magnum), Canadas Wonderland Company (Cedar Canada) and Millennium Operations LLC (Millennium), intends to commence a private offering of $300 million aggregate principal amount of senior unsecured notes due 2028 (the Notes).
  • Obligations under the Notes will be guaranteed by the Companys wholly owned subsidiaries that guarantee its senior secured credit facilities (other than Magnum, Cedar Canada and Millennium) (the Credit Facilities).
  • Completion of the offering of the Notes is subject to, among other things, pricing and market conditions.
  • Cedar Fair, L.P. (NYSE: FUN), one of the largest regional amusement-resort operators in the world, is a publicly traded partnership headquartered in Sandusky, Ohio.

Met-Ed's 2020 Tree Trimming Program to Enhance Service Reliability

Retrieved on: 
Tuesday, June 16, 2020
Asplundh Tree Expert Company, FirstEnergy, Economy of the United States, Economy of Ohio, Davey Tree Expert Company, Asplund, Companies

READING, Pa., June 16, 2020 /PRNewswire/ -- Metropolitan Edison Company (Met-Ed), a subsidiary of FirstEnergy Corp. (NYSE: FE), continues to conduct tree trimming work in communities across its service area in Pennsylvania as part of its ongoing efforts to help enhance electric service reliability.

Key Points: 
  • READING, Pa., June 16, 2020 /PRNewswire/ -- Metropolitan Edison Company (Met-Ed), a subsidiary of FirstEnergy Corp. (NYSE: FE), continues to conduct tree trimming work in communities across its service area in Pennsylvania as part of its ongoing efforts to help enhance electric service reliability.
  • "Trimming trees around our power lines is critical in our mission to provide reliable electric service for our customers," said Linda Moss, regional president, Met-Ed.
  • As part of its notification process, Met-Ed works with municipalities to inform them of tree trimming schedules.
  • The vegetation management work is conducted by certified forestry experts under the company's direction, including: Aerial Solutions, Asplundh Tree Expert Company, Davey Tree Expert Company, Lewis Tree Service, Nelson Tree Service Inc., Rotor Blade, Treesmiths and York Tree Service Inc.
    Met-Ed serves approximately 570,000 customers within 3,300 square miles of eastern and southeastern Pennsylvania.

Cedar Fair Reports Record Results for 2019; Declares Quarterly Cash Distribution

Retrieved on: 
Wednesday, February 19, 2020
Retail, Theme Parks, General Entertainment, Lodging, Destinations, Travel, Teens, MEN, Children, Restaurant, Bar, Specialty, Family, Vacation, Entertainment, Food, Beverage, Consumer, Sandusky, Ohio, Amusement parks, Economy of Ohio, Entertainment, Cedar Fair, Cedar Point, Paramount Pictures, Gatekeeper

Cedar Fair Entertainment Company (NYSE: FUN), a leader in regional amusement parks, water parks and immersive entertainment, today reported record net revenues for its full-year and fourth-quarter 2019 results.

Key Points: 
  • Cedar Fair Entertainment Company (NYSE: FUN), a leader in regional amusement parks, water parks and immersive entertainment, today reported record net revenues for its full-year and fourth-quarter 2019 results.
  • Attendance at Cedar Fair's parks increased 8% to a record 27.9 million guests; same-park attendance increased 5%.
  • We are extremely pleased with our 2019 season, which was the most successful year in Cedar Fairs history, said Richard A. Zimmerman, president and CEO of Cedar Fair.
  • For the full year ended Dec. 31, 2019, Cedar Fair generated record net revenues of $1.47 billion, an increase of $126 million, or 9%, compared with 2018.

TravelCenters of America Dominates Driver Satisfaction Survey for 13th Year in Row

Retrieved on: 
Wednesday, November 6, 2019
Mobile, Wireless, Oil, Gas, Other Travel, Energy, General Automotive, Transportation, Technology, Automotive, Travel, Trucking, Transport, Other Automotive, Land transport, Franchises, Regions of the United States, Cuyahoga County, Ohio, Economy of Ohio, TravelCenters of America, Filling stations, Iron Skillet, Truck stops, Quaker Steak & Lube, TA, Lube

The poll again confirmed that drivers have the best overall customer experience at TA and Petro locations.

Key Points: 
  • The poll again confirmed that drivers have the best overall customer experience at TA and Petro locations.
  • Best fitness and laundry facilities, comforts including driver lounges and movie rooms, and best travel store merchandise selection also topped the list.
  • About TravelCenters of America Inc.
    TravelCenters of America Inc. (Nasdaq: TA) is the nation's largest publicly traded full-service travel center network.
  • TravelCenters of America operates nearly 650 full-service and quick-service restaurants and 10 proprietary brands, including Quaker Steak and Lube, Iron Skillet and Country Pride.

Boston Market® Opens at TA Travel Center in Lafayette, Louisiana

Retrieved on: 
Monday, November 4, 2019
Oil, Gas, Retail, Energy, Technology, Other Travel, Transportation, Other Automotive, Travel, Trucking, Restaurant, Bar, General Automotive, Transport, Automotive, Food, Beverage, Mobile, Wireless, Food and drink, Land transport, Regions of the United States, Cuyahoga County, Ohio, Economy of Ohio, Franchises, TravelCenters of America, TA, Boston Market, Truck stop, Rotisserie, NASDAQ

TravelCenters of America Inc. has opened a Boston Market at its TA travel center in Lafayette, Louisiana.

Key Points: 
  • TravelCenters of America Inc. has opened a Boston Market at its TA travel center in Lafayette, Louisiana.
  • Boston Market features fresh, never frozen, all-natural chicken and USDA choice prime rib cooked in rotisserie ovens and an extensive selection of sides and made-from-scratch cornbread.
  • The restaurant is open daily from 10 a.m. to 10 p.m.
    Boston Market is operated by TA Restaurant Group (TARG).
  • TravelCenters of America Inc. (Nasdaq: TA) is the nation's largest publicly traded full-service travel center network.

IHOP® and TravelCenters of America Announce Plans to Open Nearly 100 Restaurants at Travel Centers in the Next Five Years

Retrieved on: 
Wednesday, October 30, 2019
Retail, Restaurant, Bar, Other Retail, Other Travel, Travel, Food, Beverage, Land transport, Cuyahoga County, Ohio, Economy of Ohio, Franchises, TravelCenters of America, Filling stations, IHOP, Companies, TA, Truck stop

Currently, there are four IHOP restaurants already in TAs travel center network, including one that opened this week in Jackson, Georgia.

Key Points: 
  • Currently, there are four IHOP restaurants already in TAs travel center network, including one that opened this week in Jackson, Georgia.
  • The IHOP restaurants in the portfolio will be operated by the TA Restaurant Group, a division of TravelCenters of America.
  • Were thrilled to be partnering with TravelCenters of America to open up to almost 100 new IHOP restaurants over the next five years in TA and Petro travel centers across the U.S., said Jay Johns, President of IHOP.
  • ABOUT TRAVELCENTERS OF AMERICA INC.
    TravelCenters of America Inc. (Nasdaq: TA) is the nation's largest publicly traded full-service travel center network.

Cedar Fair Schedules 2019 Third Quarter Earnings Call

Retrieved on: 
Wednesday, October 23, 2019
MEN, Family, Restaurant, Bar, General Entertainment, Consumer, Lodging, Destinations, Vacation, Entertainment, Travel, Theme Parks, Specialty, Food, Beverage, Retail, Teens, Women, Children, Sandusky, Ohio, Amusement parks, Cedar Fair, Economy of Ohio, Entertainment, Cedar Point, Paramount Pictures

Cedar Fair Entertainment Company (NYSE: FUN), a leader in regional amusement parks, water parks and immersive entertainment, has scheduled its 2019 third-quarter earnings call to begin at 10 a.m. EST on Wednesday, November 6, 2019.

Key Points: 
  • Cedar Fair Entertainment Company (NYSE: FUN), a leader in regional amusement parks, water parks and immersive entertainment, has scheduled its 2019 third-quarter earnings call to begin at 10 a.m. EST on Wednesday, November 6, 2019.
  • Participants on the call will include Cedar Fair President and CEO Richard Zimmerman and Executive Vice President and CFO Brian Witherow.
  • Investors and all other interested parties can access a live, listen-only webcast of the call on Cedar Fairs investor site https://ir.cedarfair.com under the tabs Investor Information / Events and Presentations / Upcoming Events.
  • Cedar Fair Entertainment Company (NYSE: FUN), one of the largest regional amusement-resort operators in the world, is a publicly traded partnership headquartered in Sandusky, Ohio.

TravelCenters of America Opens TA Express in Baytown, Texas

Retrieved on: 
Wednesday, October 16, 2019
Oil, Gas, Retail, Energy, Technology, Other Travel, Transportation, Other Automotive, Travel, Trucking, Restaurant, Bar, General Automotive, Transport, Automotive, Food, Beverage, Mobile, Wireless, Land transport, Ohio, Cuyahoga County, Ohio, Economy of Ohio, Franchises, TravelCenters of America, Filling stations, Truck stops, Baytown, Texas, TA, Westlake, Ohio, Iron Skillet

TravelCenters of America Inc. (TravelCenters) (Nasdaq: TA) is announcing the opening of a newly-branded TA Express, formerly Oasis Mart, located at 5490 N. Highway 146, near the Port of Houston.

Key Points: 
  • TravelCenters of America Inc. (TravelCenters) (Nasdaq: TA) is announcing the opening of a newly-branded TA Express, formerly Oasis Mart, located at 5490 N. Highway 146, near the Port of Houston.
  • Amenities at TA Express Baytown include:
    The new location is TAs second presence in Baytown, joining the TA travel center on Interstate 10, exit 789.
  • TA Express Baytown is the third TA Express to open this year, expanding TAs total nationwide network of travel centers to 260.
  • About TravelCenters of America Inc.
    TravelCenters of America Inc. (TravelCenters), headquartered in Westlake, Ohio, conducts business in 44 states and Canada, principally under the TA, Petro Stopping Centers and TA Express travel center brands.