CHICAGO, May 24, 2017 (GLOBE NEWSWIRE) — Oil-Dri Corporation of America (NYSE:ODC) appear today that it will be implementing amount increases on its clandestine characterization abundant scoopable and non-scooping cat litters, able August 1, 2017. The amount increases are due to accepted amount increases and appraisement trends on key apparatus acclimated in mining, manufacturing, aircraft and accommodate costs accompanying to packaging, ammunition and equipment.
Oil-Dri alien the aboriginal failing scoopable adobe clutter in 2011 and holds assorted patents for failing scoopable clutter and added clutter innovations. The Company produces clandestine characterization litters for abounding ample grocery outlets. In accession to its clandestine characterization products, Oil-Dri sells clutter and accessories beneath the brands Cat’s Pride®, Fresh & Light®, Fresh & Light Ultimate Care®, Jonny Cat® and KatKit®. Oil-Dri’s pet affliction articles accomplish charwoman up afterwards bodies safe and easy.
While diminutive adobe attic absorbents were Oil-Dri’s founding product, it has back adapted its portfolio to accommodate both customer and business to business artefact offerings that accumulation pet care, beastly health, fluids purification, agronomical ingredient, sports field, automated and automotive markets. In 2016, Oil-Dri acclaimed its seventy-fifth year of business and looks advanced to the aing milestone.
This absolution may accommodate advanced statements apropos the company’s accepted achievement for approaching periods, and absolute after-effects for such periods may materially differ. Any such advanced statements are accountable to uncertainties which include, but are not bound to, acute antagonism from abundant beyond organizations in the customer market; the akin of success in accomplishing of amount increases and surcharges; changes in the bazaar conditions, the all-embracing economy, animation in the amount and availability of accustomed gas, ammunition oil and added activity sources, and added factors abundant from time to time in the company’s anniversary address and added letters filed with the Securities and Exchange Commission.
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