Oldcastle acquires Harmony Outdoor Products
Oldcastle Architectural has acquired Harmony Outdoor Products, expanding the company’s Belgard Hardscapes collection to include a full suite of pre-built modular hardscape elements for every outdoor living setting, the company said.
“This acquisition is a strong strategic fit for our Belgard business and our commitment to bring contractors and installers solutions that will help them serve their customers and grow their businesses,” said Keith Haas, CEO for Oldcastle Architectural.
Oldcastle first partnered with Harmony Outdoor Products four years ago to offer contractors the option of the Belgard Elements Collection of modular fire features, water features, grill stations and kitchen islands; the pre-built structures integrate with Belgard Hardscapes paver and wall block for a seamless look and unparalleled design detail of outdoor spaces.
With this acquisition, Oldcastle said it will be able to expand Elements Collection design offerings and increase accessibility through Belgard’s broad geographic reach.
Earlier this week, Oldcastle announced the acquisition of Expocrete Concrete Products based in Edmonton, Canada.
Adams controls fleas, earns award
The Promotion Marketing Association announced that Central Garden & Pet’s introduction of the Adams Smart Shield Applicator won the Silver Award of the Best New Product Launch category in the 30th Annual Reggie Awards.
Started in 1983, the Reggie Awards are named after the "cash register" and salute best-in-class marketing campaigns in the field of promotions.
"The flea and tick control section of pet stores and retailers needed a boost from true product innovation. The new Adams Smart Shield Applicator gave us a great platform to differentiate the Adams brand and stand out on the shelf," said Steve LeVeau, director of marketing for Central Garden & Pet’s Animal Health division. "Our ‘Smarter Pet Care’ communication strategy, driven by TV, print, in-store and digital media, drove outstanding dollar sales growth."
The Adams Smart Shield Applicator is a topical flea and tick control delivery device designed to work with Adams Spot On products. The patent-pending design is easy to grip, helps part fur for direct application to the pet’s skin and effectively keeps liquid off hands.
Fastenal points to growth in Q1
Winona, Minn.-based Fastenal reported first-quarter net sales of $803.3 million, up 4.9% from $768.9 million in the same quarter last year.
Net earnings for the quarter ended March 31 were $109.0 million, up 8.8%.
Those numbers reflect expansion of the company’s footprint. The 2,660-store operator opened 11 new stores in the first three months of 2013, an increase of 0.4% since December 2012.
On March 31, Fastenal operated 25,447 FAST SolutionsSM industrial vending machines. During the first three months of 2013, it installed 4,352 new machines, an increase of 20.6% since December 2012. Employee count is also up — 15,339 employees as of March 31, up 1.3% since December 2012.
The company stated: "The non-fastener business demonstrated greater relative resilience when compared to our fastener business and to the distribution industry in general, due to our strong FAST SolutionsSM (industrial vending) program. … However, this business has not been immune to the impact of a weakening industrial environment."