Business

The First Tee announces the completion of its five-year business objectives during The First Tee annual meeting at World Golf Village in St. Augustine, Fla., Feb. 16.

Callaway Golf Co. announces that it will hold a conference for financial analysts and investors on Wednesday, Feb. 15, in Carlsbad, Calif.

Royal Associates Inc., 100 percent owner of Royal Precision, reports that it is seeking strategic alternatives to increase shareholder value.

Maruman Golf announces an agreement Whitlam Golf and Gauge Design Golf to exclusively distribute Whitlam Golf products in Japan.

Datrek Miller International announces the closing of a transaction that establishes a new business venture between DMI and Chatham Plastic Ventures, its largest provider of plastic bag tags and accessories.

La Jolla Club Golf Co. announces that shareholder Greg Nelson has taken controlling interest in the company. Nelson is now the majority owner and chairman of the company.

Black Knight International to introduce Gary Player brand to greater China and Asia markets through new joint venture with Acer Group.

Utah Governor Jon Huntsman Jr. recognizes local gear bag manufacturer OGIO as an example of the state’s strong economy in his State of the State address to Congress.

Excel Golf Tee Inc. opens a new distribution center in High Point, N.C.

Utah Governor Jon Huntsman Jr. recognizes local gear bag manufacturer OGIO as an example of the state’s strong economy in his State of the State address to Congress.

Datrek Miller International creates a new division to service corporate accounts, international distributors and its OEM opportunities. Also, Dave Triptow Jr. joins DMI as vice president in charge of the new Premium/International Division.

Pro-ShopKeeper expands its product lines and changes name to Club Prophet Systems.

Pro-ShopKeeper expands its product lines and changes name to Club Prophet Systems.

Sonartec Golf announces the launch of a new business unit, which will be known as Trion:Z, that will deal with ionic/magnetic therapy devices. Sonartec vice president Jim Uno has been named CEO of the new unit.

ProQuip USA announces the completion of a comprehensive restructuring program. ProQuip USA is the North American distributor for parent company ProQuip Ltd., based in North Berwick, Scotland.

ProTrac Franchise Systems announces the opening of franchise territories in Jacksonville, Fla., and Hilton Head, S.C.

Terry Koehler joins with Cori Schock and Karen Martin to create CORE Sports Performance Inc.

Terry Koehler joins with Cori Schock and Karen Martin to create CORE Sports Performance Inc.

The Eufame Corp. has been selected as the Korean distributor for The Putting Arc.

<B>Callaway Golf Company</B> announces that is implementing several company-wide initiatives expected to improve Callaway Golf’s business processes and reduce the company’s overall expenses by approximately $70 million over a two-year period.