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Business briefs

November 16, 2008

Duvinage Corp.



Key Bridge Partners LLC, a Washington, D.C.-based private investment firm, announced earlier this month that its acquisition of Duvinage Corp. has been named Deal of the Year in the manufacturing and distribution category by the Maryland chapter of the Association for Corporate Growth.

Duvinage, a leading manufacturer of custom spiral and circular stairs, is based in Hagerstown, and its wholly owned subsidiary, Mitchell Machine Shop, is based in Greencastle, Pa.

The Deal of the Year event recognizes mergers and acquisitions that have a positive effect on shareholders and stakeholders, and benefit the citizens of Maryland.

Duvinage has been manufacturing custom spiral and circular stairs in the U.S. since 1895. Its customers include the White House, Massachusetts Institute of Technology and the National Gallery of Art.

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Duvinage Corporation and its parent company, Key Bridge Partners, recently won an award recognizing their new partnership. Holding crystal vase are William Sanders, left, and Robert Maruszewski. Others pictured are, from left, Edward Buchanan, Thomas Vennemeyer, Mervin Yoder and Maryann Miller.

Penn National Insurance



HARRISBURG, Pa. - Penn National Insurance has declared a dividend of 15 percent for the Hagers-town-Washington County Chamber of Commerce's business insurance program for the 2006-07 year.

Dividend checks totaling $322,702 have been returned to participating Chamber members, bringing to more than $1.5 million the amount distibuted to policyholders over the past 10 years.

The program is open to all eligible Chamber members and is sold exclusively through independent agents representing Penn National Insurance.

The program offers special coverages and pricing on property and casualty insurance, commercial auto, commercial fire and crime, general liability, inland marine and workers' compensation.

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