Business
Komet and Rona end their business relationship
Komet and Rona end their business relationship
About this update from Brunswick Exploration, Inc.
[{"type":"text","content":"\n\n\n\n Nov. 10, 2010 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nNew partnership agreements signed with other kitchen cabinet\n manufacturers \nwill partially offset this loss and allow Komet to look optimistically\n to the future\n\n\nMONTREAL, Nov. 10 /CNW Telbec/ - Komet Manufacturers Inc. ("Komet"\n TSX-V: AQD) has announced the end of its business partnership with\n Rona, including the Réno-Dépôt banner, for the manufacture of bathroom\n furniture. The agreement in question, signed over five years ago,\n represented 38% of Komet's sales.\n\n\n"While it's difficult to quickly replace a big client like Rona, we are\n happy to announce to our clients and shareholders that Komet is already\n positioned as a new leader in kitchen cabinet manufacturing. As such we\n have signed new agreements with leading contractors like Samcon, Les\n entreprises Samig, and Habitations Voyer. These will gradually replace\n the agreement with Rona, allowing us to continue our operations with\n the optimism and enthusiasm Komet is known for," said company president\n and CEO François Nadeau.\n\n\nAbout Komet\nLocated in Blainville, Quebec, Komet has been listed on the TSX Venture\n Exchange since June 2007. The company specializes in the design and\n manufacture of bathroom furniture marketed under the Aquadis brand and\n is increasingly manufacturing kitchen cabinets for builders and\n individual customers. Since its creation, Komet has been tremendo...