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Specialty Retail: Cooper Hunting Plans New Facility

June 29, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Cooper Hunting Industries, Inc. (OTC: SHAR), a specialty retailer, said it plans to break ground on a new 3,500 square foot operations facility in August. The facility will house the retailer’s inventory and offices. The facility will be fitted with three executive offices, one shipping office, a conference room, two restrooms, a break room and 2,500 square feet of warehouse space.

The warehouse will have one hundred eighty feet of pallet racks, which can hold up to 10,000 cubic feet of inventory. There will also be a loading dock for shipping and receiving as well as a new forklift. All operations to be computerized.  

Dan Cooper, the firm’s president, said, "With most of our larger retailers being on a container program where they receive inventory directly, we have no need for a large storage facility. This is a major benefit when looking at operating cost and the bottom line."

Tennessee-based Cooper Hunting Industries is a specialty retailer marketing to outdoor and hunting enthusiasts.

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