Cooper Hunting to Expand into New Facilities

^{Published on 2010-06-25 11:21:10 - Market Wire}
 

Cooper Hunting to Expand into New Facilities -- COTTAGE GROVE, Tenn., June 25 /PRNewswire-FirstCall/ --

COTTAGE GROVE, Tenn., June 25 /PRNewswire-FirstCall/ -- Cooper Hunting Industries, Inc. (Pink Sheets: SHAR), a specialty retailer marketing to outdoor and hunting enthusiasts is pleased to announce plans to expand into new operations facilities.

In August 2010 Cooper Hunting plans to break ground on a new 3,500 square foot facility which will house their inventory and offices. The facility will be fitted with three executive offices, one shipping office, a conference room, two restrooms, a break room and 2,500 square feet of warehouse space.

The warehouse will have one hundred eighty (180) feet of pallet racks which can hold up to 10,000 cubic feet of inventory. There will also be a loading dock for shipping and receiving as well as a new forklift. The entire facility will have the latest technology with all operations to be computerized.  

"With most of our larger retailers being on a container program where they receive inventory directly, we have no need for a large storage facility. This is a major benefit when looking at operating cost and the bottom line." - Dan Cooper, President

Safe Harbor Statement

Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein, and while expected, there is no guarantee that we will attain the aforementioned anticipated developmental milestones. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently.

CONTACT: Daniel Cooper, 912-977-4000, [ dan@cooperhunting.com ]

SOURCE Cooper Holding Corp.