Alpharetta, GA – October 2, 2007 – Textron
Financial Corporation, a subsidiary of Textron Inc. (NYSE: TXT),
announced today that its Golf Finance Division recognized three
members of the golf industry with the company’s new Golf
Industry Innovation Award. The award celebrates outstanding
innovation in course design and management, member services, community
service, marketing and promotions, planning, investment, and real
estate development.
“Textron Financial helps customers transform
big ideas into tangible results,” said Ramón Muñoz,
Golf Finance division president. “In addition to providing
financial resources, we encourage innovation and recognize the
inspiring results of our customers and other members of the golf
industry through our Golf Industry Innovation Award. The
winners display creative ingenuity and dedication to both the player
experience and the industry as a whole.”
The winners of the first-ever Golf Industry Innovation
Award are:
- St. Andrews Golf & Country Club for
its efforts to attract younger generations to the game of golf. The
family-owned two-course club near Chicago, Illinois, created
education opportunities through junior golf clinics and discounted
the greens fees for all junior golfers. These efforts
resulted in tangible success, as St. Andrews has seen a 1,000-round
increase in junior golf played.
- Fripp Island Golf & Beach Resort for
designing environmentally friendly golf course landscape. Renovating
the resort’s oceanfront location in South Carolina posed
significant landscaping challenges. Designers overcame
these challenges by studying the agronomics of the course and
making strategic landscaping decisions, namely choosing grasses
and shrubs that thrive near salt water. The effort not
only enhanced course conditions, but also improved customer satisfaction.
- The John Cook Family Foundation and MPower
Golf for their execution of programs generating interest
in golf among young players. Gregg and Cathy Cook Russell
lead the two organizations and serve as directors and coaches
for a variety of junior golf programs, including local tours
and camps. According to the Russells, “the future
of golf depends on these types of programs that encourage families
to learn, play, and compete together.”
Textron Financial’s Golf Finance Division offers
lending solutions tailored to the business needs of each customer. For
over 20 years, Golf Finance has been the industry leader in golf
lending, having provided over $5 billion in golf course and equipment
loans across the globe. Textron Financial combines efforts
with Textron sister companies, E-Z-GO and Jacobsen, to provide
the golf industry with the most complete and innovative mix of
products available from a single commercial lender – the Total
Golf Solution®.
About Textron Financial
Textron Financial is a diversified commercial finance company with
more than $10 billion in managed receivables. It has core businesses
in Aviation Finance, Asset-Based Lending, Distribution Finance,
Golf Finance, Resort Finance, and Structured Capital. Textron
Financial also provides financing programs for products manufactured
by its parent company, Textron Inc. Additional information about
the company is available at www.textronfinancial.com.
About Textron
Textron Inc. is an $11 billion multi-industry company operating
in 32 countries with approximately 40,000 employees. The
company leverages its global network of aircraft, industrial
and finance businesses to provide customers with innovative solutions
and services. Textron is known around the world for its powerful
brands such as Bell Helicopter, Cessna Aircraft Company, Jacobsen,
Kautex, Lycoming, E-Z-GO, Greenlee, Fluid & Power, Textron
Systems and Textron Financial Corporation. More information
is available at www.textron.com.
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