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Irving-Based Shoebacca Donates $25,000 Worth of Shoes to Dallas Dream Center

Shoebacca Donates $25,000 Worth of Shoes for Dream Center's Back to School Event Serving over 1,000 South Dallas Residents in Need

Irving-Based Shoebacca Donates ,000 Worth of Shoes to Dallas Dream Center
Shoebacca Donates to Dallas Dream Center

Shoebacca donates $25,000 worth of shoes to the Dallas Dream Center's Back to School Event

DALLAS - August 4, 2022 - (Newswire.com)

This week, the New Dallas Based Dream Center will partner with local online retailer Shoebacca to bring $25,000 worth of new shoes for over 500 children during the Dream Center's Back to School Event for South Dallas residents in need. 

"From day one, our company's sole mission has always been to help our local communities, and it remains our number one priority. We were so pleased to hear about the new Dallas Dream Center chapter and jumped at the opportunity to help their cause, especially during Back to School when these families need help the most. We are thrilled to be able to assist others during these challenging times and are grateful to have such a wonderful organization in our hometown." - Ryan Schlachter, President, Shoebacca.com 

Los Angeles-born Dream Center is an organization that helps underprivileged communities with everyday resources such as food, clothing, hotline services, crisis services, pregnancy management and more. The Dallas chapter recently purchased the Old Gospel Lighthouse in South Dallas and is currently raising funds for its 10-million-dollar renovation to be able to offer permanent resources for the area and its residents. The center is slated to open its doors in early 2023.

In partnership with the R Foundation, Amerigroup and other Dallas sponsors, the Dream Center's Back to School Event will take place on August 6 at 10 a.m. in the parking lot of the soon-to-be-built community center. The event will give families the opportunity to attend and enjoy carnival games, food trucks and more while also stocking up on supplies such as backpacks, food, school supplies and shoes from their newest donor, Shoebacca.com.

"Shoebacca has been an incredible partner of Dream Center Dallas and the communities we serve. Families are struggling to make ends meet every single day while carrying the burden of getting their children ready for a new school year and lacking the resources to do so. Supplying 500 pairs of brand-new shoes for children will give them a boost of confidence and hope - we believe that when people have hope they can do ANYTHING. We are so grateful for this generous gift to our community!" - Kacie Kintz, Dream Center Dallas Director

About Dallas Dream Center:

The Dream Center is located in the heart of Dallas' inner-city Oak Cliff community. We have been building relationships with people in the Oak Cliff and surrounding communities through our adopt-a-block and monthly grocery drive-thru events. It is incredible to see the life-changing impact the Dream Center is having. Over the last year, we have distributed tens of thousands of free meals, thousands of household items and seen hundreds of people give their lives to Jesus. 

For more information regarding Dream Center Dallas contact:

Kacie Kintz, Director

Hotline: (469) 885-7914 | Cell: (360) 219-7331

[email protected]

About Shoebacca:

Founded in 2002 on the principles of philanthropy and community, Shoebacca is a Texas-based, family-owned, private company that offers one of the largest assortments of footwear and apparel in the industry. Located in Irving, Texas, Shoebacca's 250,000 square warehouse stores hundreds of thousands of the latest shoes, apparel and accessories from some of the world's top brands such as Puma, Steve Madden, Skechers, TOMS, adidas and more.

For more information about Shoebacca or to reach out, please contact [email protected].




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Original Source: Irving-Based Shoebacca Donates $25,000 Worth of Shoes to Dallas Dream Center

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GWS Tool Group Announces Acquisition of Balax Inc.

The acquisition of Balax Inc. represents a significant addition to GWS, bringing incremental premium tapping solutions of both the standard and custom variety to the GWS portfolio. The Balax name in production tapping solutions is cemented in 65 years of experience and will marry perfectly with GWS' current rapid-tap production unit to create greater value for threading customers throughout North America.

TAVARES, Fla. - August 3, 2022 - (Newswire.com)

GWS Tool Group is pleased to announce it has reached an agreement to acquire Balax Inc. This is the second acquisition in 2022 for GWS, as it continues its acquisition strategy as a subsidiary company of Walter AG. 

This is the second acquisition by GWS in 2022 after an incredibly active 2021 wherein five add-on acquisitions were effected. This is also the second add-on acquisition by GWS since joining Walter and the Sandvik family of companies in December 2021, and signals an intent to continue with an aggressive M&A plan that has made GWS so successful in its growth ambitions in recent years. The continued expansion of GWS by way of acquisitions and constant investment in world-class technology, equipment and, most importantly, people, has created a compelling value proposition for customers operating in advanced machining environments, especially in the areas of custom round and insert tooling.

Located in North Lake, Wisconsin, Balax has been committed to manufacturing the highest quality taps in the market for the last 65 years. Founded in 1958, Balax is responsible for pioneering modern cold forming taps with Lead Form Geometry Correction, reducing tapping torque. Over the years, the company has expanded to over 45,000 sq/ft of manufacturing space, controlling all aspects of manufacturing in-house, including blank preparation, heat treatment, surface treatments and automated CNC grinding operations. Product offerings include Thredfloer® and Thredshaver® taps, as well as premium gauges. 

"Balax is a premium tap brand with global recognition as a leader in cold forming technology," said Rick McIntyre, GWS' CEO. "The quality of their products combined with their production capability to produce world-class taps for high-volume customers complements our existing short-run custom tap platform perfectly," McIntyre continued. 

"I am thrilled to have Balax join GWS Tool Group," said Thomas Mclure, co-owner of Balax Inc. "The premium taps we bring to market, driven by decades of quality and innovation, will only be bolstered via that of GWS. Aligning ourselves with a company that is so strongly committed to growth and American manufacturing is undoubtedly in the best interests of our customers and our invaluable employees."

GWS Tool Group is a North American-based, vertically integrated manufacturer of highly engineered custom, standard, and modified standard cutting tools, primarily servicing the aerospace and defense, power generation, automotive and medical sectors. GWS has acquired multiple businesses in the course of its growth which now serve as the respective manufacturing divisions for the company.

For more information, visit www.GWSToolGroup.com or contact Drew Strauchen, EVP of Marketing/Business Development, at 877.497.8665.




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Original Source: GWS Tool Group Announces Acquisition of Balax Inc.

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