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S&S Power, Inc. marketing manager Kathy Archer says the company has announced that Stan Checketts and Gene Mulvihill, an original founding partner of S&S, have formed a group that has purchased controlling interest of the company. The negotiation of this purchase took several months. S&S has been owned since 1998 by Crates Thompson Capital of Fort Worth, Texas, and Checketts, each holding 50% of the stock of the company.
S&S will announce several projects that are underway with major parks that are purchasing rides to open in 2007.
Checketts will be Chief Executive Officer of the company. Checketts also announced that the business operations of S&S will remain under the direction of Rich Allen, who will continue in his role as Chief Operating Officer.