For The Earth Corporation (PINKSHEETS: FTEG) Buys Prestige Pet Products
(firmenpresse) - PHOENIX, AZ -- (Marketwire) -- 08/21/12 -- For The Earth Corporation (PINKSHEETS: FTEG), a maker and marketer of green products providing effective and sustainable solutions, announced today that it has completed the acquisition of Prestige Pet Products, a 20-year-old maker and distributor of pet products.
"When you look at the innovations that Prestige Pet Products has brought to the consumer, you realize the tremendous value this represents and a market that is actively searching for products that are safe and reliable," said Nelson Grist, President and CEO of For The Earth Corporation. "A testament to this is the fact Prestige Pet Products has never been involved in any type of recall. This, among many other reasons, is why we are eager and excited to have the people and the products of Prestige Pet join our team."
Prestige Pet has a patented smoking process, for example, which gives their pork hide chews a much higher palpability than other chews on the market. These chews have been wildly popular at Costco in the past and continue to be sought after by pet lovers who have tried them for their dogs.
For The Earth Corporation is the parent company under which Prestige Pet Products will continue to operate. Adding to the treats and chews for which Prestige Pet is most famous, there will be pet feeders called Dream o' Bowls; PaPurr cat litter made from recycled paper; Litter To Go, an eco-friendly pet travel solution; What Odor? spray; What Stain? spray; and many other product lines that will reflect the sense of entrepreneurship and innovation with which Prestige Pet began over twenty years ago.
Almost a year ago, International Business Times called For The Earth "one to watch." For The Earth is pursuing markets that represent continued and sustainable growth like the pet industry. In the United States alone, consumers spent over $50 billion in 2011 on pet products and are expected to spend almost $53 billion this year, as reported by American Pet Products Association.
For The Earth Corporation is a company that sells 100% non-toxic, biodegradable green products ranging from an odor elimination solution to an eco-friendly stain remover and cat litter, and in the future will introduce, an entire line of all-natural cleaning products and health care products. The Company's mission is to create green and biodegradable products that provide effective and sustainable solutions for people, pets and the Planet Earth. For The Earth Corporation is located at 21642 N 9th Ave., Suite 100, Phoenix, AZ 85027. For Investor Relations inquiries please call For The Earth Corporation Headquarters at 623-850-0025 x 4.
Contact:
For The Earth Corporation
Investor Relations
623-850-0025 ext. 4
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Datum: 21.08.2012 - 17:00 Uhr
Sprache: Deutsch
News-ID 176455
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Town:
PHOENIX, AZ
Kategorie:
Livestock
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