MusclePharm Corporation (OTCBB:MSLP), one of the fastest growing nutritional supplement companies in the United States with eight performance products, has entered into a distribution agreement with TapouT to launch a MusclePharm apparel line that includes t-shirts, sweat suits, shorts and other active wear items.
TapouT currently has distribution in over 20,000 retail stores worldwide, as well as online, including a full line of fighter gear, men’s, women’s, youth and accessories. The complete MusclePharm apparel line will be available in 2011 through TapouT’s current retail distribution and on the TapouT website.
“We are very excited to partner with the leading, global mixed martial arts and UFC brand,” commented Cory Gregory, MusclePharm’s President. “This apparel opportunity with TapOuT will further increase MusclePharm’s brand awareness and expand MusclePharm’s market penetration through TapOuT’s extensive retail distribution network.”
MusclePharm’s top management has extensive experience in the sports world and has harnessed this drive and focus into building a business to benefit its customers and help Fuel The Athlete Inside. Headquartered in Aurora, Colorado, the company is a fast-growing developer and manufacturer of safe, scientifically approved, nutritional supplements that are free of banned substances and tested by athletes. They are designed to help athletes, bodybuilders, weightlifters and fitness enthusiasts improve their performance. Each and every MusclePharm product is the end result of an advanced six-stage research and testing protocol involving the expertise of top nutrition scientists. In addition, the products have been field-tested by more than 100 elite professional athletes from the NFL, MMA, MLB and elsewhere. To date, the company has developed six products: ASSAULT, BATTLE FUEL, BULLET PROOF, COMBAT POWDER, RECON and SHRED MATRIX. Two additional products are due in stores in 2010. MusclePharm products offer up to twice as much of the active ingredients per serving as competing products and incorporate a proprietary mix of ingredients not available elsewhere, such as Suma root– the “Russian Secret.” Suma is a natural, performance-boosting, strength-and muscle-building herbal derivative that has been used for years by top Russian athletes.
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Mine Safety Appliances Company (NYSE: MSA) has signed an agreement to acquire General Monitors, headquartered in Lake Forest, Calif., a leading innovator and developer of advanced flame and gas detection systems. The transaction is valued at $280 million and will be financed with a combination of existing cash balances and incremental borrowing. General Monitors, which employs approximately 225 people globally and has annual revenues of approximately $80 million, will continue to operate from its California headquarters.
Established in 1914, MSA is a global leader in the development, manufacture and supply of safety products that protect people’s health and safety. Many MSA products typically integrate any combination of electronics, mechanical systems and advanced materials to protect users against hazardous or life-threatening situations. The company’s comprehensive line of products is used by workers around the world in the fire service, oil, gas and petrochemical industry, homeland security, construction, mining and other industries, as well as the military. Principal products include self-contained breathing apparatus, gas masks, gas detection instruments, head protection, ballistic body armor, fall protection devices and thermal imaging cameras. The company also provides a broad range of consumer and contractor safety products through retail channels, MSA has annual sales of approximately $1 billion, manufacturing operations in the United States, Europe, Asia and Latin America, and more than 40 international locations.
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Minefinders Corporation Ltd. (NYSE Amex: MFN) reports that remediation work on the phase 1 leach pad at the Company’s Dolores Mine continues.
In mid-September, the Company implemented a revised remediation plan. The remediation work has negatively affected production of gold and silver in the third quarter and is also expected to result in lower than planned metal production in the fourth quarter. The decrease in production is expected to be temporary as stacking to the recently constructed phase 2 leach pad has been accelerated to full production levels and leaching of material on phase 2 began in mid-September. Non-leached crushed material from the phase 1 pad will be moved to the phase 2 leach pad in order to accelerate metal recovery.
Minefinders is a precious metals mining and exploration company and operates the multi-million ounce Dolores gold and silver mine in Mexico.
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Minerals Technologies Inc., (NYSE: MTX) has signed an agreement with Double A (1991) Public Company Ltd., formerly Advance Agro Public Company Ltd., to expand production capacity of precipitated calcium carbonate (PCC) at its paper mill in Tha Toom, Thailand. The expansion, which will increase capacity at Minerals Technologies’ existing satellite PCC plant from 50,000 metric tons to 70,000 metric tons, is expected to be operational early in the second quarter of 2011. Double A, the largest papermaker in Thailand, produces uncoated freesheet paper at the Tha Toom paper mill.
Minerals Technologies Inc. is a global resource- and technology-based growth company that develops, produces and markets worldwide a broad range of specialty mineral, mineral-based and synthetic mineral products and related systems and services. Total sales for the company were $907.3 million in 2009.
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