JNU International Receives $800,000.00 Power Tool Order From SuperCheap.Business Editors BOCA RATON Boca Raton (bō`kə rətōn`), city (1990 pop. 61,492), Palm Beach co., SE Fla., on the Atlantic; inc. 1925. Boca Raton is a popular resort and retirement community that experienced significant industrial development in the 1970s and 80s. , Fla.--(BUSINESS WIRE)--Nov. 4, 2002 MegaPro Tools Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :MPOT) announced today that its Australian company, JNU JNU Jawaharlal Nehru University (India) JNU Juneau, AK, USA - Juneau (Airport Code) International received an AUD AUD In currencies, this is the abbreviation for the Australian Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. $800,000.00 Power Tool order from SuperCheap Auto Super Cheap Auto is an Australian-based automotive retailer. It was founded in 1974. The managing director is Peter Birtles. Bob Thorn retired after many successful years as Managing Director although he still does appear in some of the company's classic 'Steve Lenda' . JNU International is a leading tool importer and distributor specializing in the categories of hand and masonry tools, air tools, compressors, and power tools. Covering Australia, New Zealand New Zealand (zē`lənd), island country (2005 est. pop. 4,035,000), 104,454 sq mi (270,534 sq km), in the S Pacific Ocean, over 1,000 mi (1,600 km) SE of Australia. The capital is Wellington; the largest city and leading port is Auckland. and some Pacific countries. JNU International supplies to the hardware, trade and industrial markets. SuperCheap is Australia's fastest growing auto part accessories and handyman product retailer. SuperCheap, who had 8 stores in 1993 and 50 stores by 1999, celebrated the opening of their 100th outlet September of this year. The stores are located in Queensland, New South Wales New South Wales, state (1991 pop. 5,164,549), 309,443 sq mi (801,457 sq km), SE Australia. It is bounded on the E by the Pacific Ocean. Sydney is the capital. The other principal urban centers are Newcastle, Wagga Wagga, Lismore, Wollongong, and Broken Hill. , Victoria, Northern Territory and Tasmania and are generally located in or near major shopping centers to gain maximum exposure. They range 10,000 items per store and employ 1,600 people. Their goals are 200 outlets by 2005. MegaPro Tools Inc. owns Spear & Jackson, based in Sheffield, England is one of the largest and oldest tool manufacturers in the UK. Spear & Jackson's roots go back to the 1740's as one of the premium tool manufacturers. Spear & Jackson manufactures and distributes tools, garden tools, metrology equipment, woodworking tools and magnetic equipment. They sell their products under Spear & Jackson, Neil Tools, Bowers, Robert Sorby, Moore and Wright, Eclipse (Blades), WHS See Windows Home Server. , Tyzack, and Eclipse Magnetics Brands. Spear & Jackson has divisions throughout England, France and Australia. Spear & Jackson distributes its products throughout the world. Disclosure concerning Forward-Looking Statements: Any forward-looking statements made in this release represent management's best judgment as to what may occur in the future. Various economic and competitive factors could cause actual results to differ materially from those discussed in such forward-looking statements, including some factors which will be outside of the control of the company, such as successful completion and consolidation of the acquisitions, such as consumer spending patterns, availability of consumer and commercial credit, interest rates, currency exchange rates, inflation rates, adverse weather, energy costs, freight costs, the level of residential and commercial construction and the costs of raw materials, along with other specific factors with respect to the company's businesses set forth in the company's responses and other documents filed with the Securities and Exchange Commission. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion