Charles, IL;
- 1001 North Randall Road, Elgin, IL;
- 1460 Golf Road, Darien, IL;
- 314 West Army Trail Road, Bloomingdale, IL;
- 850 South Barrington Road, Streamwood, IL; and
- 7050 South Cicero Avenue, Bedford Park, IL
. Sliding baskets and organizers have ball-bearing glides
to slide into place smoothly. For more
information, please visit Rubbermaid's
web site at http://www.
Business Editors
LOS
ANGELES----Norwest Equity
Partners ("NEP"), a leading private equity firm with offices in
Minneapolis
and Los Angeles, today announced that its portfolio
company, Do+Able Products, Inc.
Based in Chino
, California, Do+Able is a leading designer,
manufacturer and marketer of ready-to-assemble garage
storage and
organizing products sold through do-it-yourself retailers in the
United States, including
The Home Depot and Lowe's.com
and www. NEP has offices located in
Minneapolis and Los Angeles
.
polyvinyl elfa
This category is for sites that sell modular or custom shelf or organizing systems for the home or office
.
brooms closets
Company Research Cites Closet Cramming as Common Problem
FAIRLAWN, Ohio, The
home-organization experts at
Rubbermaid uncovered a real mess when they looked into America's closets
.
For more information on Do+Able Products, Inc. Visit NEP's Web site at www.thimble bookcases
Media representatives
who purchase a Configurations Closet System at
Chicago-area Wal-Mart Stores during the month of April
will qualify for their
choice of full reimbursement from Rubbermaid with their Wal-Mart receipt,
or a
matching donation of closet systems to community service organizations. Offering a full
range
of wood storage cabinets, display products, shelving, paneling,
and moulding, as well as powder coated
wood products, Do+Able helps
lead the industry in innovation, integrity and ease of construction
with its products. Since that time, Do+Able has more than
tripled in size through organic and
acquisition-related growth. NEP takes pride in their
extensive resources, carefully tailored transactions
, meaningful
partnerships, and continuing success. Since NEP's founding in 1961,
they have earned
a reputation as one of the premier private equity
investment firms in the United States.brooms caddies
The
reimbursement
offer is good for up to two Configurations Closet Kits per
credentialed newspaper, magazine, television
station and radio station in the
Greater Chicago media market. The Company has 368 employees and
operates
manufacturing facilities in Chino and Corona, California; and in
Diboll, Texas; and five
distribution centers across the United States.curios streamer
That telescoping design is the innovative feature that
makes
Rubbermaid's the only out-of-the-box closet system with shelves, rods and
accessories that
adjust both vertically and from side to side, without
additional tooling., please visit their respective
Web sites: www.com
ABOUT EMERSON STORAGE SOLUTIONS(TM)
Emerson Storage Solutions(TM) is
a business of Emerson providing
answers to storage challenges for the consumer, commercial,
healthcare
, food service, and industrial markets.gentryville unassembled
Most people just avoid tackling their closet because they don
't
know where to begin, how to sort through their things, or what products are
out there that can
help them," he said. All hook
securely into the mounting rails and may be lifted out for repositioning
. Simon + Sons LLC, NEP purchased the Company along with Mr.sideboards klim
It works, it's changeable, and costs
much less than the professionally
installed systems do. Heavy-duty metal construction offers maximum
weight capacity (upwards of 500 pounds), while thoughtful touches like epoxy
coating, chrome finishes
and rubber-ended hangers combine form with function.bookcases stacks
" The new closet line offers consumers a one-of
-a-kind,
customizable solution that combines an easy-to-install kit, complete with
adjustable shelves
and rods, with a full line of accessories to accommodate
anyone's storage aspirations. Because components
slide in and out, width adjustments can
be made on the fly, making seasonal changes and shopping
-spree
reconfigurations truly simple.
About Rubbermaid:
Rubbermaid Home Products
is a leading designer and manufacturer of
durable, innovative household organization and utility
products, and is among
the most trusted, consumer-loyal brands in America.Norwest Equity Partners
Sells Portfolio Company Do+Able Products Inc.
klim nimble
received the
dubious "winner" distinction in the
"Messiest Closet" contest, and this month
got a closet makeover, complete with Rubbermaid's new Configurations
System
and personal assistance from Walsh and the Rubbermaid closet team.gotoemerson. For information
visit www. Emerson's sales in fiscal
2004 were $15.6 billion.klim bookcases
Lisa Messier (yes, that's
her real name) of Charlton, Mass.
Configurations kits come in lengths ranging from four to eight
feet and
include shelving, hanging rails, brackets, hanging rods and all of the
hardware necessary
to install the system. The
Company's annual revenues exceeded $150 million in 2004.brooms unassembled
It really is
like a custom closet in a box.sideboards bookcases
Rubbermaid today issued
its Closet Configurations Media Challenge
to Chicagoland editors and reporters
(Sure, we want people to know about our new products.
Chicago-area Wal-Mart Stores carrying the Rubbermaid Configurations Closet
System include:
- 801 Meacham Road, Elk Grove Village, IL;
- 620 Dundee Avenue, East Dundee, IL;
- 900 South Route 83, Villa Park, IL;
- 776 South Route 59, Naperville, IL;
- 150 Smith
Road, St." Rubbermaid received thousands of
photos and entries documenting closet chaos.com .emersonstoragesolutions
. Currently, NEP has in excess of
$3 billion in capital under management.klim dinky
But what better way to prove
our product
than trial by reporters?). Rubbermaid launched its new Configurations
Closet System
with these issues in mind.
Shelves, hanging rails and brackets are epoxy-coated for durability and
snag-
free performance, while hanging rods and other accessories come in a sleek
chrome-plated
finish. As part of this transaction, Do+Able will become part of
Emerson's ClosetMaid(TM) division
.com
unassembled gentryville
Chuckling about the coincidence of the couple's name, pronounced
"messy-er
," Walsh said, "They couldn't believe how easy it was to install the
Rubbermaid Configurations system
.rubbermaid-configurations. ("Do+Able" or the "Company"), a
manufacturer of storage and organizing
products, has been acquired by
Emerson Storage Solutions ("Emerson"), a business of Emerson
(NYSE:EMR
).com
ABOUT EMERSON
St.nimble curios
That's what advertising
is for, and we're already doing that
. More information
about the products is available at the company's
web site: http://www.doable
.shelves organizers
Additional accessories include
storage racks, extra shelving, wire baskets, pants organizers, shoe
rods and
shelves, and special organizers for ties and belts (each holds 30). As the industry continues
to
consolidate, having Do+Able, its employees, its suppliers and its
customers connected to a
company with the caliber of Emerson, creates
a win-win solution for all parties involved," Burge
continued. and Emerson
Electric Co.klim thimble
To kick off the new product launch, the company hired
organization expert
Peter Walsh, host of TLC's "Clean Sweep" reality show, to help find and
reorder
the "Messiest Closet in America.
Best of all, you don't need to be a hacksaw-wielding professional
to
install the Rubbermaid system; a screwdriver, drill and level are the only
tools needed. Pre
-cut rails and telescoping rods and shelves eliminate the
cutting, trimming and exacting measuring
typically necessary in closet
systems. "Acquiring Do+Able with its West
Coast-focused customer
base will enable Emerson to increase its
geographic footprint nationally.stacks shelving
Do+Able initially partnered
with NEP in 1997 when Do+Able CEO and
founder Ted Christensen wanted to provide some liquidity to
his early
Do+Able backers while finding an investment partner that could help
him strategically
grow the business. Working with private equity firm
William E.closet organizers
Now the company is challenging the
professional set known for messy
desks and critical thinking to put their new Configurations "custom
-closet-in-
a-box" system to the ultimate test: their own closets.
America's Messiest Closet
Gets Makeover
While only 29 percent of consumers surveyed said their closets were well
organized
, the majority said they were deterred from addressing the problem
due to budget and time constraints
.com .unassembled shelves
Rubbermaid Challenges Chicagoland Media to Closet Test
Rubbermaid notes it's not necessary
to file a
report on the experience to get the reimbursement (but we're confident you'll
want to
once you try it). Louis, MO-based Emerson is a global leader in bringing
technology and engineering
together to provide customers with
innovative solutions in industrial automation; process control;
heating, ventilating and air conditioning; electronics and
telecommunications; and appliance and
tools.klim elfa
The
company's research on consumer closet habits found the most common, overriding
problems
are:
- Cramming closets with hundreds of pounds of clothes, usually affecting
ancillary
closets as well;
- Seasonal changes typically requiring twice-a-year rotation; and
- Wardrobe proliferation, including an unwieldy assortment of sizes,
shoes and accessories
.
"This is a great transaction all around," stated Steven Burge, NEP
partner and Do
+Able board member.brooms closets
Rubbermaid's Configurations closet products are debuting this spring at a
variety of general, home and hardware retailers, including all Chicago-area
and selected other
Wal-Mart Stores and Home Depot Stores.rubbermaid.
Christensen and several members of Do+Able's management
team in a
leveraged buyout transaction.
Norwest Equity Partners provides middle market companies
with the
capital they need to reach their goals.curios dinky
According to Rubbermaid, it's a problem
for more than two-thirds of
Americans. Walsh says it's a
common problem.nep.
elfa polyvinyl
True to
Rubbermaid's research findings, the Messiers had thought tackling
their closet would prove too costly
and time consuming. "People are overwhelmed by the sheer volume of stuff they've
accumulated.
Part of the Newell Rubbermaid family, Rubbermaid markets a full line of
exceptional-quality products
for home, closet and garage organization;
kitchen, bath and outdoor storage; as well as seasonal
and hardware products
in a variety of materials.dinky klim
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