FNA Group announces DEWALT® License Agreement |
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Elk Grove Village, IL, November 23, 2009 —The FNA Group, a leading U.S. manufacturer of professional pressure washers and high pressure hoses for world-wide distribution, is pleased to announce it has entered into a trademark license agreement with The Black & Decker Corporation. FNA will license and market under the DEWALT® brand in the United States, Canada, and Mexico and their territories, a range of professional series pressure washers which will be sold through The Home Depot. "This agreement dovetails nicely with our strategic direction and the acquisition of the former Black & Decker pressure washer manufacturing facility in Decatur, Arkansas.” commented Gus Alexander, President and Chief Executive Officer of the FNA Group. “Black & Decker fully recognized our reputation for producing top quality, professional machines that meet the highest standards required for them to license the DEWALT® brand to FNA. Our company’s keen understanding of the pressure washer industry;” added Mr. Alexander “and long track record of proven performance as a good steward of the category were equally important factors for Black & Decker to have chosen FNA as a partner in this unprecedented agreement” "The DEWALT® brand is firmly established as the market leader in the professional tool category so the brand is a natural fit for pressure washers targeted for the Pro Cleaning sector” stated Mr. Alexander. “For the upcoming selling season, we will introduce a complete range of DEWALT® professional pressure washers that will be exclusively sold at The Home Depot.” The FNA Group manufactures professional pressure washers for world-wide distribution under its proprietary brands, Simpson® and Delco® in its 228,000 sq. ft manufacturing facility in Decatur, Arkansas. Additionally, the company produces machines under private label branding agreements with customers in North America, Europe, and Australia.
For Media Related Information Please Contact: Whitney Read
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