Rawlings Sporting Goods has become a subsidiary of another company again, after nine years of being a stand-alone corporation. K-2 incorporated of Los Angeles has bought Rawlings. K-2 says the acquisition should help his company compete against other sporting goods companies, such as Nike. It’s a $115-Million stock exchange deal. Rawlings’ headquarters are in Fenton and they’ll stay there as a subsidiary of K-2. It also has a factory in Washington, in Franklin County. K-2 plans to expand operations there by moving a distribution center to the site.
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