Tag Archives: Press Release

Swimways Aquires North Carolina-based Luxury Float Manufacturer

FOR IMMEDIATE RELEASE

Leading Pool Toy & Float Company Dives into Deal with Spongex®, LLC

VIRGINIA BEACH, VA – January 6, 2014 – Swimways Corp., a leader in the pool and leisure marketplace, announced today that it is acquiring Spongex®, LLC, makers of Aquaria luxury aquatic leisure products, from Nomaco Inc. The acquisition includes the Spongex manufacturing plant in Tarboro, N.C. and its 45 employees.

Known for its Aqua Cell® foam technology, an exclusive and made-in-the-USA custom closed-cell foam molding process, Spongex produces high-quality, comfortable and long-lasting floats, loungers and luxury noodle-shaped floats. The addition of the Spongex assortment to the Swimways portfolio will enhance the company’s popular collection of pool floats, including the top-selling Spring Float® featuring patented inner spring technology.

“We are very excited to welcome the team from Spongex to the Swimways family,” said David Arias, president, Swimways. “We anticipate that this excitement will resonate with our retailers, as well as consumers, as we gear up to bring innovation to the high performance Aqua Cell manufacturing technology.”

“Nomaco found an optimum purchasing partner for Spongex in Swimways,” said Claude Demby, CEO of Nomaco Inc. “It was important to us to identify an organization interested in remaining

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in the Tarboro community. We are delighted that Swimways recognized the value of the employees and operations in place and will provide Spongex the strategic alignment needed for long-term success.”

While the changeover to Swimways’ leadership began on January 1, 2014, the acquisition will not be noticeable at retail until 2015 when Spongex products will be distributed under the SwimWays brand. Currently, Spongex products are sold at Sam’s Club, Leslie’s, Frontgate and other specialty pool retailers nationwide. Swimways products, including its Spring Float, Toypedo® and Swim Steps brands, are distributed internationally at mass, sporting goods and specialty pool retailers.

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About Swimways Corp.

Based in Virginia Beach, Virginia, Swimways is a privately owned leisure and recreational water products manufacturer whose mission is making free time more fun through innovation. It is a company rich in traditional values and respected for the quality and integrity of its products and services. With distribution in over 50,000 storefronts, it markets three unique brands: SwimWays®, Kelsyus® and COOP®. With offices in Hong Kong and the United States, the company’s diverse staff is passionate about developing fun and engaging products for kids. They are equally passionate about making sure kids are safe in and around the water and believe learning to swim is an important life skill. Swimways has been teaching kids to swim for over 40 years — longer than anyone else (except parents, of course!). In January 2007, Swimways began donating a portion of wholesale sales of the Swim Steps product line to Operation Smile. To date, the program has provided facial reconstructive surgeries to more than 5,000 kids around the world. For more information about Swimways, visit www.swimways.com.

About Nomaco Inc.

Since 1979, Nomaco has been creating new realities with foam solutions for industries ranging from insulation to retail products, wine closures, bedding, and more. The Nomaco family of businesses includes Nomaco Engineered Foam Solutions, Nomaco Insulation and Nomaco Home Furnishings; and these businesses operate facilities in Tarboro and Zebulon, NC as well as Oklahoma. For more information about Nomaco, visit www.nomaco.com.

Contacts

Litzky Public Relations

Jessica Becker | 201-222-9118 | jbecker@litzkypr.com
or
Leah Schwint | 201-222-9118 | lschwint@litzkypr.com

Swimways Corporation Recognized as One of the Best Places to Work in Virginia

FOR IMMEDIATE RELEASE

Virginia Beach, Va. (December 4, 2013) – Swimways Corp., a leading outdoor recreational products manufacturer, announced today that it has been named one of 2014’s Best Places to Work in Virginia by Virginia Business and Best Companies Group.

“It is a tremendous honor to be recognized as one of the Best Places to Work in Virginia,” said David Arias, president of Swimways Corp. “From the weekly fresh fruit deliveries to the birthdays off, we are always looking for ways to improve life at Swimways. But what I’m most proud of is our culture, which has been created by all of our employees; it is one of integrity, support, dedication and a high regard for one another.”

Best Places to Work in Virginia

The company also has a program in place that helps new employees feel welcome and acclimated with their new environment. N.E.A.T week, which stands for “new employee assimilation and training,” includes a process where new hires spend time with existing employees in various departments, learning about their professional background and job duties, and connecting with each other on a personal level. In addition, Swimways also offers paid volunteer leave, paid birthday leave, summer hours and an on-site gym.

The annual list of the Best Places to Work in Virginia was created by Virginia Business and Best Companies Group. This statewide awards program is a two-part survey process which identifies, recognizes and honors the best places of employment in Virginia. Part one involved the evaluation of each nominated company’s workplace practices, policies, philosophy, systems and demographics. This part was worth about 25 percent of the total evaluation. The second part consisted of a survey to measure employee experience. This final part of the process was worth approximately 75 percent of the total evaluation. The collected information was then combined to determine the strengths and opportunities of the participating companies and the final rankings. The registration, survey process and data analysis was managed by Best Companies Group.

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About Swimways Corp.

Based in Virginia Beach, Virginia, Swimways is a privately owned leisure and recreational products manufacturer whose mission is making free time more fun through innovation. It is a company rich in traditional values and respected for the quality and integrity of its products and services. With distribution in over 50,000 storefronts, it markets three unique brands: SwimWays®, Kelsyus® and COOP®. With offices in Hong Kong and the United States, the company’s diverse staff is passionate about developing fun and engaging products for kids of all ages. They are equally passionate about making sure kids are safe in and around the water and believe learning to swim is an important life skill. Swimways has been teaching kids to swim for over 40 years — longer than anyone else (except parents, of course!). In January 2007, Swimways began donating a portion of wholesale sales of the Swim Steps product line to Operation Smile. To date, the program has provided facial reconstructive surgeries to more than 5,000 kids around the world. For more information, visit www.swimways.com.

For more information on the Best Places to Work in Virginia program, visit: www.bestplacestoworkva.com.

PRWeb News Release

Target Awards Swimways 2012 Vendor of the Year in Toy and Sporting Goods Department

FOR IMMEDIATE RELEASE

Leading Pool Toy Manufacturer Recognized for Second Consecutive Year

VIRGINIA BEACH, VA – May 22, 2013 – Swimways Corp., a leader in the pool and leisure marketplace, announced today that it has been named Vendor of the Year for the second consecutive year in the Toy and Sporting Goods Departments by top value retailer, Target® Corp. (NYSE: TGT). Known for its popular Spring Float® and water toys, including the Toypedo®, Swimways has been a Target vendor for more than 16 years and currently distributes product in Target stores nationwide.

“It is an honor to receive this award two years running,” said David Arias, president, Swimways. “While the category is highly dependent on weather, we strive to develop innovative products that appeal to customers year-round. We enjoy working closely with the Target team, and are grateful that they recognize our passion in bringing quality recreational products to families nationwide.”

“It is rare for a company to receive a Vendor of the Year award in this category two years in a row,” said Megan Seelye, category buyer, Target. “The award is a testament to Swimways’ dedication to Target and the Target guest. The company makes an incredible effort to work closely with our team to plan and react to sales and inventory needs, and their hard work extends beyond the summer season. We are proud to name Swimways as our 2012 Vendor of the Year.”

This is the third Target Vendor of the Year award for Swimways since 2002. Target awards vendors annually for their passion for performance and dedication to the Target brand. Swimways products under the SwimWays® and COOP® brands are sold in all Target storefronts nationwide.

# # #

About Swimways Corp.

Based in Virginia Beach, Virginia, Swimways is a privately owned leisure and recreational water products manufacturer whose mission is making free time more fun through innovation. It is a company rich in traditional values and respected for the quality and integrity of its products and services. With distribution in over 50,000 storefronts, it markets three unique brands: SwimWays®, Kelsyus® and COOP®. With offices in Hong Kong and the United States, the company’s diverse staff is passionate about developing fun and engaging products for kids. They are equally passionate about making sure kids are safe in and around the water and believe learning to swim is an important life skill. Swimways has been teaching kids to swim for over 40 years — longer than anyone else (except parents, of course!). In January 2007, Swimways began donating a portion of wholesale sales of the Swim Steps™ product line to Operation Smile.. To date, the program has provided facial reconstructive surgeries to more than 4,500 kids around the world. For more information about Swimways, visit www.swimways.com.

About Target®

Minneapolis-based Target Corporation (NYSE: TGT) serves guests at 1,832 stores – 1,784 in the United States and 48 in Canada – and at Target.com. Since 1946, Target has given 5 percent of its profit through community grants and programs; today, that giving equals more than $4 million a week. For more information about Target’s commitment to corporate responsibility, visit Target.com/corporateresponsibility.

Contacts

Litzky Public Relations
Jessica Rusack | 201-222-9118 | jrusack@litzkypr.com
or
Gillian Small | 201-222-9118 | gsmall@litzkypr.com