FOR IMMEDIATE RELEASEApril 1, 2009
Sunrise
Spas
317 South Service Rd
Grimsby On. Canada
L3M 4E8
Jack
Layfield of Sunrise Spas, Canada in conjunction with Dave Wright
of Outback Essentials, Florida is pleased to announce the
acquisition of the operating assets of Tatum Manufacturing, Inc.
Sunrise
has been producing Sunrise Spas, Paragon Spas and Whitewater
Spas for 22 years. It is located in Grimsby, Ontario, Canada
and has distribution for its brands in Europe under the name
Whitewater Spas, b.v.
Dave
Wright of Outback Essentials in Lakeland, Florida designs and
builds spa cabinets and provides spa testing services for many
spa industry OEM’s. Dave Wright, well known in the spa industry
for many years was critical in brokering the deal between Tatum
and Sunrise.
The
downturn in the spa industry left Sunrise with a need to expand
and Outback with surplus space. While the companies will remain
separate legal entities and operations Sunrise will occupy the
excess space to produce spas from the acquired assets of Tatum.
Tatum
which operated out of Tampa, Florida produced such spa brands as
Gulf Coast, La-z-boy (a licensed brand), Freestyle and Pilates
H2O. Sunrise will produce the La-z-boy and Freestyle brands out
of its new Lakeland, Florida facility and a new line not yet
released out of its Canadian plant.
“Like many
industries it is no secret the spa industry is under stress.
This acquisition and planned operation of manufacturing and
distribution in both the US and Canada helps us in several
ways. Not only do we expand our product offerings to reach more
customers thereby helping us meet our growth targets, a plant on
either side of the US/Canada border allows us to hedge against
currency fluctuations for more stable pricing. In addition, we
can better service our customers in both markets because each
facility will produce for itself and the other and act as a
distributor for the other. With this acquisition we are now
extremely excited about the future.”
Sunrise
Spas
317 South Service Rd
Grimsby On. Canada
L3M 4E8
Ph – 905-309-1800
Fx – 905-309-1815
sunrise@sunrisespas.com
www.sunrisespas.com
www.paragonspas.com