Now, some Chinese workers’ll be able to buy the tools they made the same way you do: from The Home Depot. From PR Newswire:
“This acquisition provides us with a great point of entry in one of the world’s largest and fastest-growing home improvement markets,” said Bob Nardelli, chairman, president, and CEO, The Home Depot. “The Home Way is a strong brand that is already established as a value and price leader among Chinese consumers. We welcome The Home Way’s leadership and associates into The Home Depot family, and we look forward to the opportunity to serve Chinese consumers. In addition, we are grateful for the support of htis venture by local and national Chinese government officials.”
Apparently the ‘Depot expanded into Canada in 1994 and Mexico in 2001 via similar acquisitions. Just out of interest, can any of our neighbors from the ‘North tell about the Canadian ‘Depot experience?
Chinese manufacturers, meet Home Depot management style. Talk amongst yourselves.
The Home Depot Announces Acquisition of The Home Way [PR Newswire]