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New from American Lock: stainless steel, solid padlock

BY HBSDEALER Staff

Milwaukee, Wis.-based American Lock Co., a division of Master Lock, unveiled its Stainless Steel Solid Body Padlocks. 

Designed with complete corrosion-resistant construction, the padlocks are described as ideal for heavy-duty industrial and marine applications. They offer custom made-to-order options to fit any application, with a stainless steel exterior and stainless steel and brass internal components.  

The company said the locks "withstood rigorous testing to attain ASTM grade 6 status," the highest status awarded. They are available in 1-3/4-inch and 2-inch padlock widths, with a choice of 1-1/8-inch or 2-inch shackle heights. 

 

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Odorless propane sparks recall

BY HBSDEALER Staff

Most propane is treated with an ingredient that smells like spoiled eggs when the tank leaks. This safety measure helps consumers detect leaks. But some of the propane in about 700 rail cars of propane gas sold in portable cylinders from Morris Ill.-based Aux Sable Liquid Products do not have sufficient levels of the odorant.

As a result, the U.S. Consumer Product Safety Commission, in cooperation with Aux Sable Liquid Products announced a voluntary recall of the propane cylinders. 

Failure to detect leaking gas can present fire, explosion and thermal burn hazards to consumers.

A special alert Web site has been established at www.propanegasalert.com.

The product was sold at propane retailers in the following states: Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, North Carolina, Pennsylvania, Rhode Island, Tennessee, Vermont and Virginia from Feb. 25, 2010 through Sept. 30, 2010.

Consumers in the affected states whose most recent propane gas purchase or delivery was between Feb. 25, 2010 and September 30, 2010 should immediately contact Aux Sable to arrange for a free inspection. If there is insufficient odorant, additional odorized propane or a replacement portable propane cylinder will be provided free of charge.

No injuries have been reported. 

 

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Home Depot consolidates stores in China

BY HBSDEALER Staff

Home Depot has shut down five of its 12 stores in China, according to a report in the Chinese media, but has no intention of withdrawing from the market.

The Comtex News Network reported on Jan. 26 that the first store shuttered by the Atlanta retailer was in Qingdao in June 2009; since then four others, including the Beijing location, have been closed.

However, Home Depot’s stores in Tianjin, Xi’an and Zhengzhou are all doing well, the article said. “People close to the matter” told the news service that some of the underperforming stores have suffered losses of more than CNY $10 million (US$1.5 million) annually.

In the Home Depot’s annual investors and analyst meeting on Dec. 13, president and CEO Frank Blake described the company retail presence in China as “problematic, as we concentrate our geographic presence to a few key cities.” When asked about the number of stores in China, Blake gave no exact count, but said that the company has no immediate growth plans.

“China has been a journey,” Blake added. “I don’t think we’re alone in having it take some time to figure out how to build a profitable business model. We’ve said from the start that we’re not there to drive square-footage growth. We’re there to figure out a profitable business model and then move.”

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