BNS Holding, Inc. was formed in December 2004. Prior to December 14, 2004, BNS Co. was a publicly traded company (formerly known as Brown & Sharpe Manufacturing Company).  Effective December 14, 2004, BNS Co. completed a reorganization (the “Holding Company Reorganization”) with BNS Holding, Inc., a newly-formed Delaware corporation (“BNS or the “Company”).  By virtue of the Holding Company Reorganization, BNS Co. became a direct, wholly-owned subsidiary of BNS.

 

 BNS Co., was founded in 1833 and was engaged in the Metrology Business and the design, manufacture and sale of precision measurement tools and instruments and manual and computer controlled measurement machines.  BNS Co. sold its Metrology Business in 2001, its interest in its development stage measurement software subsidiary, Xygent Inc., in 2002, its North Kingstown, Rhode Island property (the “Rhode Island Property”) in 2003, and its subsidiary in the United Kingdom (the “U.K. Subsidiary”) on June 16, 2004.

 

Collins I Holding Acquisition - On October 31, 2006, the Company purchased an 80% ownership interest in Collins I Holding Corp. ("Collins Holding")  which owns 100% of Collins Industries, Inc. ("Collins") a manufacturer of small school, activity and shuttle buses, ambulances, and terminal trucks/road construction equipment.

 

Collins Industries (www.collinsind.com) was founded in 1971 as a manufacturer of small school buses and ambulances.  Collins’ initial product was the first “Type A” school bus, designed to carry 14 to 20 passengers. Collins is a manufacturer of specialty vehicles and has three reportable segments: ambulances, buses, and terminal trucks/road construction equipment. The ambulance segment manufactures modular and van type ambulances for sale to hospitals, ambulance services, fire departments and other governmental agencies. The bus segment manufactures small school, activity and shuttle buses for sale principally to schools, day care centers, churches, nursing homes, retirement centers and other non profit organizations. The terminal truck/road construction equipment segment produces off-road trucks designed to move trailers and containers for warehouses, truck terminals, rail yards, rail terminals and shipping ports. This segment also manufactures a line of road construction equipment. Each of Collins’ segments is responsible for its own marketing activities and maintains independent relationships with dealers and distributors.

 

Form 15 - On August 23, 2007, the Company filed a Form 15 with the Securities and Exchange Commission deregistering its Common Stock and suspending its reporting obligations with the Securities and Exchange Commission under the Securities Act of 1934.  The Company presently intends to continue to make available its periodic financial information.

 

BNS Holding Inc. Common Stock is currently traded in the Pink Sheets under the symbol BNSSA.PK.