Radio Systems acquires ScatMat line
British Columbia-based Contech Inc. sold its ScatMat product line to Radio Systems Corporation of Knoxville, Tenn. Financial terms were not disclosed.
Contech Inc. designs and manufactures animal control and wellness products and non-toxic pest management products for home and garden, forestry, landscape, agriculture, and commercial applications. The ScatMat is an indoor pet training device that can be placed on furniture, in doorways, on countertops or window sills. It emits a mild static pulse when a pet touches it, and it helps to establish out-of-bounds areas.
“The capital from this sale bolsters our ability to grow our key product segments through internal development and acquisition,” said Mark Grambart, president and CEO of Contech. Among Contech’s pet and garden brands are EatBetter and DrinkBetter bowls, WaterDog, CatStop, ScareCrow, and pheromone-based insect traps.
Radio Systems Corporation is the owner of PetSafe, PetSafe Pro, Invisible Fence, SportDOG,?Innotek, Guardian, Staywell and FenceMaster brands.
After Christmas, Lowe’s gets busy
Mooresville, N.C.-based Lowe’s is planning a barrage of day-after-Christmas store openings that will bring more than 700,000 square feet of new retailing space to the nation’s second largest home improvement retailer.
On Dec. 26, Lowe’s will open in the following seven locations: Oak Grove Village, Mo. (94,000 square feet); Derby, Conn. (102,000 square feet); South Lebanon, Ohio (117,000 square feet); League City, Texas (117,000 square feet); East San Jose, Calif. (117,000 square feet); Tarboro, N.C. (66,000 square feet); and Pineville, La. (94,000 square feet).
And the end of its most recent quarter, Lowe’s operated 1,616 stores. The company expects to open approximately 120 stores in 2008, scaling back to 75 to 85 new store openings in 2009.
HD Supply White Cap expands in Texas
HD Supply White Cap celebrated the grand opening of its 44,000-square-foot distribution center and regional offices located at 400 International Parkway in Arlington, Texas.
The facility is designed to improve inventory availability throughout the South Central markets by consolidating all purchasing, receiving and distribution activities for more than 300 vendors. The new distribution center is the final phase of HD Supply White Cap facility consolidation efforts taking place in the South Central region since 2006.
“HD Supply White Cap is committed to strategic growth that enables us to serve our customers more efficiently and build value,” said Tom Lazzaro, president of HD Supply White Cap.
HD Supply White Cap offers products including concrete and masonry tools and accessories, wood and plastics, all trade hand and layout tools, tilt-up hardware and brace rentals, brand name power tools, stormwater pollution prevention products, welding supplies, lightweight construction equipment and job site and personal safety equipment.
The company, which describes itself as a leading distributor of specialty hardware, tools and materials for large and medium-sized professional contractors, is a division of HD Supply.