e-commerce in Bangladesh

Saturday, July 04, 2009

Element 21 Golf Co expands its business

(This entry was originally posted in this blog on December 5, 2008 and the information is based on that time.)

In the middle of the economic recession, Element 21 Golf Co (OTC:ETGF), a reputed manufacturer of golf equipments and fishing equipments, experienced a phenomenal increase in its business. On December 4, 2008, the organization announced that its golf and fishing products, which were previously sold by 175 stores, are now available in 450 stores. However, this number does not include the big box stores as they have recently started to carry the products of the company.

Currently, products of the Element 21 are available in only 30% of the USA. The company is planning to expand its business in the rest of the country. Nataliya Hearn, President and CEO, Element 21 said:

“Our footprint has increased by 2.5 time in the last 4 months, indicating significant market penetration of the Carrot Stix(TM) . Our strong revenue growth reflects the consumer demand for our unique brand of golf and fishing products, ……As our results reflect, growing numbers of golfers and fishing enthusiasts seeking a competitive edge are selecting Element 21’s products.”

Element 21 Golf Company was formerly known as BRL Holdings, Inc. It produces some of the best quality golf products and fishing products from Scandium Alloys which is patented by the company. The alloy was originally created to build jet fighters. The alloy provides high strength, great quality and durability. The company started producing fishing products in June 2007.

Related article:

Market Watch

No comments:

Post a Comment

Facebook

Sitemeter