Volt to Buy Priority One Mortgage

Volt Inc., a power provider and marketer of alternative energy and financial services based in Oakhurst, Calif., has announced an agreement to purchase all the outstanding shares of Priority One Mortgage Corp., Milford, Pa., for an undisclosed amount of cash and preferred stock.Volt said Priority One's president, Scott Finley, and his staff would remain in their current capacities. The acquisition would enable the company to expand its financial services business in New Jersey and Pennsylvania "at the same time it is looking at energy and real estate projects in the region," Volt said. The company can be found on the Web at http://www.voltinc.com.