Scotts to acquire Tomcat rodent control business
The Scotts Miracle-Gro Company has agreed to acquire Bell Laboratories’s Tomcat consumer rodent control business.
"Consumer rodent control is an attractive and growing category in which a vast number of our consumers already participate," said Barry Sanders, Scotts Miracle-Gro president and COO. "While our limited line of Ortho Home Defense rodent control products have brought innovation to the category since 2009, the addition of the Tomcat consumer business allows us to significantly expand our global commercial footprint. With a strong consumer brand and full line of rodent control products we are better able to serve both our consumers and our retail partners."
Scotts will assume ownership of the Tomcat brand and will enter into a long-term partnership with the company to promote rodent control technologies to consumers. The terms of the transaction are as of yet undisclosed.
"This transaction is consistent with the strategic direction we have articulated," said Jim Hagedorn, chairman and CEO of Scotts Miracle-Gro. "It is complementary to our existing controls business and fills a gap in our current product offering."
The acquisition is expected to be accretive to Scotts Miracle-Gro’s operating margin beginning in the 2014 fiscal year.
Tomcat products are currently sold in the U.S., Canada, Europe, Australia and New Zealand.
Ainsworth reintroduces OSB XL brand
Ainsworth Lumber Co., a manufacturer and supplier of engineered wood products, announced the reintroduction of two OSB products, under the company’s new OSB XL brand.
To answer market demands for OSB panels longer than 8 ft., Ainsworth now offers OSB XL 9-ft. and OSB XL10-ft. OSB panels. Ainsworth’s OSB XL 9-ft. and 10-ft. OSB panels are available in multiple thicknesses, and even custom length, like the company’s 8-ft. OSB product line.
“With the recovering housing market and the trend toward higher ceilings in building designs, the demand for longer OSB boards is very clear, and we are thrilled to offer our customers a more complete OSB product line. Additionally, with longer boards, we see a unique opportunity to offer our customers cost avoidance on labor, since there is less cutting and installation labor required when sheathing with longer OSB boards,” said Bart Bender, Ainsworth’s VP sales. “The launch of our OSB XL 9- and 10-ft. OSB panels is another sign of Ainsworth’s responsiveness to the needs of our customers, and that’s something we have always taken pride in.”
These longer OSB XL panels are offered in addition to Ainsworth’s standard 8-ft. OSB products.
The launch of OSB XL comes on the heels of Ainsworth’s re-opening of its High Level, Alberta OSB mill after an extensive equipment upgrade and the filling of 135 new positions.
LG Facebook contest puts home appliances up for grabs
LG Electronics USA is giving consumers a chance to win a suite of home appliances via a contest on its Facebook page.
"LG understands that homeowners renovate to improve both the look and functionality of their homes—to help make their day-to-day lives easier," said David VanderWaal, director of home appliance brand marketing, LG Electronics USA. "That’s what drives our innovations. At LG, it’s all possible. For example, our Door-in-Door refrigerator allows you to quickly access commonly-used food and beverage items, and our EasyClean technology lets you clean the oven’s interior in just minutes, not hours."
The Dream Appliance contest will be launching this weekend in time for the first of two episodes of HGTV’s "House Hunters Renovation" that will include LG kitchen and laundry appliances. The episode airs Sunday, Oct. 13 at 10 p.m. ET.
Entrants will be required to creatively complete fill-in-the-blank sentences. Once the top 10 finalists are selected, the rest of the entrants will vote to select the winner.
The grand prize winner will receive a complete customized suite of LG kitchen appliances and will be eligible to win LG’s flagship appliances, which include the Door-in-Door refrigerator and range with EasyClean technology. The runner-up will receive an advanced LG laundry pair, and the eight additional finalists will receive a one-year supply of Tide pods, Downy fabric softener and Bounce dryer sheets.
The contest, which runs through Nov. 22, is part of LG’s "Life Good House," a social engagement initiative that offers tips for better living to consumers.