Safety Products Archives

3M has acquired the ACE-branded elastic bandage and supports product lines and related brands, and thermometer product line from BD (Becton, Dickinson and Company). Terms of the transaction were not disclosed.

"ACE is a great extension of our consumer products portfolio," said Dr. Gabi Sabongi, vice president, research and development, and new business ventures of 3M Consumer and Office Business. "ACE brings to our company an iconic brand with admirable consumer loyalty. ACE and its related brands also broaden our channels for consumer products, including the sporting goods …

July 23, 2009

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A Case Study in Competing in a Growing Safety Products Market

For Safety Products Inc. (SPI), Lakeland, FL, the key to success is evolving with your customers’ needs while focusing on your specialty. The safety products distributor was recently featured at TheLedger.com.

As detailed in the article, CEO and founder Ed Williams has managed to expand the company’s offerings without straying from its central specialty – no small feat when you look at how the safety products marketplace has changed over the last two decades. More broadline distributorsand distributors specialized in other product areas have added safety products to their offerings, bringing new competitors into the space. According to the article, "At one time SPI competed against a number of …

July 21, 2009

Finance

Kimberly-Clark Buys Jackson Safety

Kimberly-Clark Corp., Dallas, TX, has acquired Jackson Products, Inc., a privately held safety products company headquartered in Fenton, MO. Jackson Products, Inc., also known as Jackson Safety, is a provider of welding safety products, personal protective equipment and work zone safety products.

"The acquisition of Jackson Safety is consistent with our global business plan strategy to accelerate growth of high-margin workplace solutions," said Jan Spencer, president of Kimberly-Clark Professional. "Jackson Safety brings a wealth of strengths to Kimberly-Clark’s Professional business, including an outstanding product portfolio and a highly experienced sales force."

Tom Burns, current president and CEO of Jackson Safety, will continue to lead …

April 14, 2009

Electrical

Cooper Industries 4Q Profit Drops 38%

Cooper Industries, Ltd., Houston, TX, reported fourth quarter 2008 sales of $1.52 billion, down 1% from fourth quarter 2007. Profit decreased 38% to $111.1 million.

"As the quarter progressed, the credit crisis deepened with the economic deterioration in the U.S. and Europe spreading around the world. Cooper earlier announced its intention to reduce our work force by over 1,000 employees and to take a fourth quarter charge estimated to be in the range of $20 million to $22 million. As economic conditions deteriorated, we determined it was necessary to increase the reduction in work force to in excess of 2,200 employees globally and recorded a restructuring charge of $35.7 million," said Cooper Industries’ CEO Kirk S. Hachigian.

Sales for the twelve …

January 26, 2009

Free

Brady Corp. Sales Up 12% in Fiscal 2008

Milwaukee, WI-based Brady Corporation reported sales were up 9% to $396.8 for its fiscal 2008 fourth quarter compared with the same quarter a year ago. Profit increased 33% to $34.8 million.

For the fiscal year ended July 31, 2008, sales rose 12% to $1.5 billion, compared to sales of $1.4 billion in fiscal 2008. Profit for fiscal year 2008 improved 21% to $132.2 million.

The increase in fourth quarter sales was comprised of acquisition growth adding 3 percent and foreign currency translation contributing 6 percent to sales growth. Organic growth was flat. Regionally, sales were up 16 percent in Europe and 20 percent in Asia/Pacific; sales in the Americas region were flat.

Brady Corporation is a manufacturer and marketer of high-performance labels and …

September 17, 2008

Finance

Sperian Protection to Buy Combisafe

Sperian Protection has agreed to buy Combisafe International AB, Northampton, UK, a developer and supplier of height safety and access systems.

Combisafe expands Sperian’s current fall protection system portfolio. It also reinforces Sperian’s presence into the fast growing Middle-East market with their operations in Dubai and further expands Sperian’s presence in the Northern European Market.

Combisafe is majority controlled by Fairford (Sweden).

Sales were 293 MSEK (32 MEUR) in 2007. The purchase price will be 590 MSEK (63 MEUR) at closing. …

August 25, 2008

Companies

Hagemeyer Releases 2008-2009 Safety Catalog

Hagemeyer has released its 2008-2009 Safety Products catalog. The 652-page catalog features safety, industrial hygiene, and firefighting products.

We carefully selected a comprehensive assortment of products that will meet the needs of our customers,”says Brad Pulver, senior vice president, product strategy and marketing. “In addition, we have designed the product assortment to assist customers in experiencing a ‘one-stop’shopping experience, allowing our customer to focus on their core business or service, by not having to waste time on finding safety products from multiple sources.”

Hagemeyer’s user-friendly catalog is an expanded version of the original safety catalog and now includes products for the industrial, governmental and industrial hygiene …

August 18, 2008

Companies

VWR International Buys Hungarian Distributor

VWR International, LLC, West Chester, PA, distributor of laboratory supplies, has acquired Spektrum-3D Kft, a Hungarian scientific laboratory supply distributor.

Spektrum-3D distributes scientific products including laboratory chemicals, consumables, furniture, equipment and instrumentation. Spektrum-3D supplies laboratories throughout Hungary including customers in the pharmaceutical and chemical industries and scientific research institutes.

VWR says the acquisition represents the distributor’s commitment to expanding in the Central and Eastern European markets and its intentions to expand globally.

VWR has global sales of $3.5 …

August 4, 2008

Companies

Grainger’s Lab Safety Supply Acquires Highsmith

Chicago-based Grainger subsidiary Lab Safety Supply, Inc., has acquired Highsmith Inc., Fort Atkinson, WI. Highsmith is a distributor in the library equipment, furniture and supplies market.

We are pleased to be adding Highsmith to our specialty catalog group,” said Larry Loizzo, president of Lab Safety Supply. “They have built a solid brand position in the library and school supplies market over the past 50 years; we intend to build upon it.”

The integration of Highsmith into LSS’s operations should be completed over the next six months. The acquisition is expected to add $20-30 million to Lab Safety Supply’s sales in 2008.

LSS provides safety and other products to more than 800,000 customers in North America. It reaches them through a variety of …

July 10, 2008

Free

Brady Corp. 3Q Organic Sales Down 1%

Brady Corp., Milwaukee, WI, sales for the third quarter 2008 were $381.9 million, up 10.3% from the prior-year period. Organic sales were down 1%.

Regionally, sales increased 14% in Brady Americas, 20% in Europe, 1% in Asia/Pacific and remained flat in Direct Marketing &People Identification Americas.

Profit for the quarter was up 18.5% to $34.4 million.

Sales for the nine months ended April 30, 2008, rose 12.6% to $1.126 billion. Profit for the nine-month period was $97.4 million, up 17.2% compared to $83.1 million in the prior …

May 21, 2008

Finance

Jackson Safety Buys Chinese Manufacturer

Jackson Products, Inc., St. Louis, MO, manufacturer and distributor of personal and traffic safety products, has agreed to buy a 70% stake in Changzhou Shine Science &Technology Co., Ltd., of China for an undisclosed amount. Based in Shanghai, Shine is a manufacturer of welding safety products.

This acquisition supports our global strategy of being the preferred supplier of safety products. Shine’s innovative products, broadens our welding product offering and strengthens our position as the number one manufacturer of auto-darkening filters,” said President and CEO Tom Burns. “The acquisition of Shine will also provide us a manufacturing base in Asia and adds Shine’s excellent engineering talent that will complement our own expertise in auto-darkening …

April 29, 2008

Finance

Honeywell to Buy Norcross Safety for $1.2B

Honeywell, Morris Township, NJ, has agreed to buy Norcross Safety Products L.L.C., Oak Brook, IL, a manufacturer of Personal Protective Equipment (PPE), for $1.2 billion.

Norcross, majority owned by Odyssey Investment Partners, manufactures protective and safety equipment for the fire service, utility and general industrial worker segments.

Norcross will be integrated into Honeywell Life Safety, part of Honeywell’s Automation and Control Solutions (ACS) group. Norcross’s revenue was $609 million in 2007.

This acquisition creates an exciting adjacency for Honeywell Life Safety -especially our Fire Systems and Gas Detection businesses, which share common distribution channels with Norcross. We expect strong sales synergies across Honeywell …

April 11, 2008

Companies

Graybar Debuts Security Catalog

St. Louis, MO-based Graybar, a distributor of electrical and communications products, has published a new catalog of security products.

The GraybarSecurity Solutions Catalog will debut at two upcoming events in Las Vegas, NV -AFCOMâDataCenter WorldâSpring 2008 and ISC West. The 132-page catalog features more than 1,400 products from 44 brand-name suppliers in six categories: surveillance; access control; intrusion; audiovisual notification; cabling, installation and tools; and fire systems. It also includes products incorporating the latest IP technology solutions.

A pdf of the catalog is available for viewing or download from the Markets Served -Security section of …

March 28, 2008

Free

Lakeland Industries Expands in Brazil

Lakeland Industries, Inc., manufacturer of protective apparel, has agreed to acquire Brazilian protective apparel supplier Qualytextil S.A. Qualytextil, based in Salvador Bahia, Brazil, was founded in 1999 and serves the Brazil Protective Clothing market in the following areas: firemen’s turnout gear, conductive and electric arc garments, chemical protective garments, occupational, multilayer and waterproof operational garments, aluminized and molten metal lines of protective clothing.

The purchase price is USD$12.5 million. Qualytextil sales for 2007 were US$9.8 million.

Qualytextil is in the northeastern part of the country, where the State provides tax incentives, labor rates are favorable and is conveniently located to transport garments economically …

February 20, 2008

Electrical

Cooper Industries Acquires MTL Instruments Group

Cooper Industries, Ltd., Houston, TX, announced that its subsidiary, Cooper Controls (U.K.) Limited, has acquired The MTL Instruments Group plc. The total purchase price is approximately £144.3 million.

MTL is a supplier of electronic instrumentation and protection equipment for use in hazardous environments. MTL has a global commercial footprint including operations in India, China, and the Middle East. For the year ended Dec. 31, 2006, MTL reported consolidated revenues of £85.3 million.

Cooper Industries is a global manufacturer with 2007 revenues of $5.9 billion, approximately 87 percent of which are from electrical …

February 11, 2008

Finance

Donaldson Company Buys LMC West

Donaldson Company, Inc., Minneapolis, MN, has acquired LMC West, a manufacturer of industrial dust collection and filtration systems.

LMC West, Riverbank, CA, designs and manufactures dust collectors and industrial filtration systems for woodworking, agricultural and industrial applications. LMC West had annual sales of $10 million in 2007.

The acquisition of LMC West complements our existing Donaldson Torit dust collection products well,” said Tod Carpenter, Vice President, Global Industrial Filtration Solutions.

Donaldson has more than 100 sales, manufacturing, and distribution …

February 5, 2008

Free

Sperian Protection Sales Up 6.5% in 2007

French-based Sperian Protection reported sales growth of 6.5% in 2007, excluding currency effects. Organic growth was 3.5% for the year.

The safety products manufacturer reported that growth was not as strong in the fourth quarter as in the previous quarter, in large part due to regulatory changes in respiratory systems for firefighters in the U.S., delaying orders.

For more details on Sperian’s year-end results, click here. …

January 16, 2008

Finance

Jackson Safety Acquires Finnish Manufacturer

Jackson Safety, St. Louis, MO, has acquired Safemaster OY, a designer and manufacturer of welding helmets in the Nordic Region.
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Located in Tampere, Finland, Safemaster supplies a range of welding products, including lightweight helmets for grinding and welding as well as helmet systems designed for Powered Air Purifying Respiratory (PAPR) products.
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Jackson Safety is a manufacturer of welding, PPE and traffic control …

December 11, 2007

Market Analysis

U.S. MARKET ANALYSIS: Safety Products

The industrial product group listed here – Safety Products – represented a market in 2007 of $6.5 billion, according to estimates by Industrial Market Information, Minneapolis.&nbsp ;

These charts show the top ten industries, by SIC code, consuming these products; and the 2007 end-user consumption of these groups sorted by the nine government market …

December 10, 2007

Companies

3M Expands Its PPE Line With Purchase of Aearo

Diversified manufacturer 3M, St. Paul, MN, has agreed to acquire Aearo Technologies Inc., Indianapolis, IN,&nbsp ; for $1.2 billion. Aearo is a supplier in the personal protection industry and manufactures and markets personal protection and energy absorbing products.
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Aearo is owned by funds advised by Permira, a global private equity firm, and company management.
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Aearo will significantly expand 3M’s occupational health and environmental safety platform by adding hearing protection as well as eyewear and fall protection product lines to 3M’s existing full-line of respiratory products.
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Aearo complements and significantly broadens our core safety and personal protection business, a space which is growing fast and of strategic importance to the …

November 15, 2007

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