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News - PRESS RELEASE

PRESS RELEASE
By cobra admin 6/29/2020 11:19 AM

MONTREAL, (QUEBEC), June 29th, 2020 – Cobra Anchors, North America's leading anchor manufacturer, is proud to announce the conclusion of another supply agreement with the American home renovation giant THE HOME DEPOT INC. (NYSE) in all of its 2,000 stores across the United States. This agreement covers the PARAWEDGETM line of masonry anchor products proudly manufactured at its Temple, Pennsylvania, USA plant. PARAWEDGETM products proudly carry the ICC ESR-3652 accreditation. This is in addition to the other lines of TripleGripTM, DrillerToggleTM and FlipToggleTM hollow wall anchors that have already been distributed in all of the retailer's stores for the past 8 years and are produced at its Montreal, Quebec, Canada plant.

« The completion of this supply agreement is an important milestone in our growth strategic plan », said Pierre R. McDuff, Cobra Anchors owner. « I am proud to support the manufacturing market in Canada and the United States and this type of partnership encourages me to continue to invest in my company while benefiting the entire community of Ville D'Anjou, Quebec and Temple, Pennsylvania. »

« This is an exciting chapter for Cobra Anchors and I am proud to be able to work on a daily basis with a strong company that serves the majority of U.S. customers in all 52 states from coast to coast », said William B Crossley, Cobra U.S. Sales Vice President.

This supply agreement required an investment of more than $3.2 million and will generate more than 21 new jobs at the Temple, Pennsylvania plant.

 

About Cobra

 

Founded in 1973, Cobra is one of the largest manufacturers of hollow-wall and masonry anchors in North America. Cobra employs 240 employees, has two state-of-the-art plants located in Montreal, Canada and Temple, Pennsylvania as well as a distribution center in Gonesse, France. Cobra serves more than 14, 000 retail stores across the world. Cobra has introduced more patented and value-added products than any other anchor manufacturer in North America; that's over 22 worldwide owned patented products!  Innovation is the key factor that makes Cobra the leader in its class. For more info about Cobra Anchors, please contact us at the following address: christiandauphinais@cobraanchors.com