Reunion likely a boost for economy

About half of the 2,000 or so South Charleston High School alumniand friends expected to take part in the SCHS Grand Reunion July 22-25 are expected to come from out of town, generating a nearly $1million economic impact in the Kanawha Valley, according to eventorganizers.

The all-class reunion will be the fourth Grand Reunion. They'vebeen occurring at three- or four-year intervals since 1999. Aschedule of next month's event is posted online atwww.schsalumni.org.

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Representatives of the Polymer Alliance Zone will pitch the stateat a trade show in New York City next week.

The representatives will market the state as an ideal locationfor plastic and polymer companies during the Plastec East TradeShow, which is expected to draw more than 20,000 visitors.

Zone President Karen Facemyer said in a prepared statement, "Ourmission at this event is to establish new or reignite existingrelationships with plastic industry companies, vendors and suppliersto let them know the benefits of establishing operations in WestVirginia. At the same time, we'll be collecting information on thelatest products and tools for the industry to bring back for thebenefit of our members."

The zone was established in 1996 by Gov. Gaston Caperton topromote the plastics industry in Jackson, Mason and Wood counties.

The state Development Office, the development authorities of Woodand Jackson counties, and the I-79 Development Council are alsoexpected to participate in the show.

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Intrawest, the owner of Snowshoe Mountain Resort in PocahontasCounty, has sold another property.

The sale of Mountain Creek Resort in New Jersey to CrystalSprings Resort was finalized on May 27, said Intrawest spokesman IanGalbraith. Terms were not revealed.

Intrawest had acquired Mountain Creek in 1998. It is 47 milesfrom New York City.

"Today, the resort simply does not fit into Intrawest's long-term strategy to focus on a core set of resort properties andbusinesses," Galbraith said.

Intrawest announced in April that it had successfully completedthe refinancing of its corporate debt. The company sold its interestin Copper Mountain in Colorado in November; sold Panorama MountainVillage in British Columbia in January; and sold the Sandestin Golfand Beach Resort in Florida in February.

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Select Energy Services, a Texas-based oilfield service and supplycompany, announced it has acquired Arvilla Oilfield Services andBuck Stone, oilfield service companies based in St. Marys.

Select said Arvilla and Buck Stone collectively add about $25million of revenue and 170 employees to its organization and give ita platform to expand its presence into the Marcellus Shale region.Select said it will provide additional capital to expand Arvilla andBuck Stone operations and introduce additional services.

Contact business editor George Hohmann at business@daily mail.comor 304-348-4836.