Manufacturers
PoolCorp Acquires Pinch A Penny
This month we’ve seen a blizzard of high-profile acquisitions. Recently, PoolCorp agreed to buy Porpoise Pool & Patio Inc. and its primary operating companies, Pinch A Penny Inc. and Sun Wholesale Supply Inc.
The entire specifics of the agreement were not disclosed.
With approximately 260 independently owned and run franchised stores in Florida, Texas, Louisiana, Alabama, and Georgia, Pinch A Penny Inc. is a large franchisor of pool and outdoor living-related specialty retail stores in the United States. Sun Wholesale Supply Inc. sells mostly to Pinch A Penny franchisees and is a wholesale distributor of swimming pool and outdoor living products, as well as a specialty chemical packaging facility.
“I understand it will take some time for things to set in. I’m still processing it myself,” John Thomas, president and CEO of Porpoise Pool & Patio Inc., told associates in a memo. “Pinch A Penny has been an integral part of my life for 47 years. I’ve spent the past 30+ years of my adult life leading our company, so, I understand that processing this information will take some time,” he said.
Fred Thomas, a traveling salesman, originally started Pinch A Penny in 1974 when his son John was just eight years old. By 1995, John Thomas had been named president of Pinch A Penny, and he has overseen the company’s expansion.
“This acquisition secures a stronger future for our companies. And, it puts our business in alignment with an excellent strategic partner in our industry, one which can create greater success for everyone,” the memo from Thomas reads. “In short, it is the right time for Pinch A Penny to start a new chapter, and for my family to step aside and allow Pinch A Penny to become something more.”
Porpoise Pool & Patio’s well-established client base, distribution capabilities, chemical packaging operation, operational success, and the “growth-oriented Pinch A Penny brand” were all highlighted by PoolCorp. (Nasdaq/GSM: POOL) executives in making the transaction.
In a statement, PoolCorp. president and CEO Peter D. Aryan said, “The addition of the Pinch A Penny franchise network to PoolCorp.’s North American distribution business brings substantial growth and operating synergies for both existing independent retail customers and independent franchisees.”
According to The Tampa Bay Business Journal, Pinch A Penny had $387.3 million in revenue in 2020 and 2,775 workers. PoolCorp., based in Covington, is the largest wholesale distributor of swimming pool and garden items in the world. The company operates 410 sales centers across North America, Europe, and Australia, and distributes around 200,000 items to almost 120,000 wholesale customers.
Pool Corp has been concentrating on revenue growth. It is growing into new geographic areas, expanding in existing markets, and launching new product categories that are expected to increase its market share. In order to achieve this, the corporation has attempted to expand through various acquisitions. In February, September, and December 2020, the company completed three acquisitions: Master Tile Network, Northeastern Swimming Pool Distributors, and TWC Distributors. Jet Line Products, Inc. was bought in October 2020, giving the corporation three facilities in New Jersey, three in New York, two in Texas, and one in Florida. Pool Corp is also absorbing TWC Distributors, bringing the total number of sales locations in Florida to nine.
The company has launched ten new locations so far this year. In the third quarter of 2021, Pool Corp also conducted two strategic buyouts. In June and April of 2021, Vak Pak Builders Supply, Inc and Pool Source, LLC, respectively, were purchased. Acquisitions provided 5% to quarterly sales growth and 7% to year-to-date performance in the third quarter.
Manufacturer
Confer Plastics Plans 30,000-Square-Foot Warehouse Expansion
Confer Plastics, one of the most established manufacturers serving the pool and spa industry, is moving forward with a 30,000-square-foot warehouse expansion at its Wheatfield, N.Y., facility. The project, now under town review, is designed to support the company’s rising production volume across pool, spa, and outdoor living categories — as well as the continued growth of its emerging direct-to-consumer business.
Company president Bob Confer confirmed that the new warehouse space at 2107 Liberty Drive will help accommodate increased demand for core products such as pool ladders, steps, hot tub cabinets, and other blow-molded components widely used across the aquatics market.
“We’re also expanding to accommodate our direct-to-consumer business, which is a relatively new endeavor for us,” he wrote in an email. “In 2023, we developed online channels for snow sleds and patio furniture. Our initial success has been pretty decent, so we expect the future for those products, and more to come, to be bright.”
The project contractor, Tedesco Construction Services, has previously overseen multiple expansion efforts for Confer at its primary manufacturing plant on Witmer Road in North Tonawanda. That facility houses some of the largest blow molding machines in the world, including a 15-foot-tall unit capable of handling 145 pounds of material at a time. The company’s capabilities extend far beyond aquatics: Confer also manufactures items for stadium seating, medical devices, kayaks, mannequins, trash receptacles, and more.
While the Wheatfield expansion will not directly add new jobs at that location, Confer noted that the increased warehouse capacity “could lead to a handful of jobs” at the main North Tonawanda plant. Additional storage effectively boosts manufacturing throughput, allowing the company to run molding machines more efficiently and increase overall production cycles.
Founded in 1973, Confer Plastics has grown to a 195-employee operation and remains one of Western New York’s most enduring manufacturers within the pool and spa sector. The warehouse expansion underscores the company’s commitment to supporting its dealer network, OEM partners, and consumers as demand for outdoor living products remains strong.
Featured Photo Credit: Confer Plastics
Industry News
JED Pool Tools Receives Excellence Award
JED Pool Tools, manufacturer of swimming pool maintenance equipment and accessories, was pleased to recently receive a ‘Customer Excellence Award’ from Estes Freight company, the largest privately held freight transportation company in North America. This award recognizes customers that demonstrate strong shipment values, revenue growth, and foster a collaborative relationship. This award celebrates a few select customers for outstanding engagement, enabling a strategic partnership, and committing to mutual success.
“We’re pleased to earn such high recognition from a leader like Estes,” said Glenn Jonelunas Manager of Warehouse Operations at JED Pool Tools. “We’re honored to be recognized for this award, which is a reflection of the well-established and trusted partnership we’ve built together.”
The Estes Customer Excellence Award was created to recognize and celebrate customers who exemplify outstanding collaboration, commitment and service. Estes presented JED Pool Tools with a celebratory cake and plaque.
About JED Pool Tools
JED Pool Tools has been making high-quality pool tools and pool accessories in the USA for 30 years. JED Pool Tools sells over 400 different products including residential and commercial skimmers, leaf rakes, poles, wall brushes and vacuum heads as well as hoses and through-wall skimmer parts. JED is a family-run company with 3-generations of Heyen family working for the company and is committed to creating and providing jobs for residents of Scranton, PA. JED isproud of and committed to manufacturing in the USA, many it its own facility in Scranton, PA. To learn more about the company and its products visit www.JEDPoolTools.com.
About Estes
Estes is North America’s largest privately owned freight carrier. As an asset-based transportation provider with a global footprint, Estes combines nearly a century of regional freight shipping expertise with the resources, reach, and reliability of a national carrier. Backed by its more than 300 North American terminals and nearly 7,000 next-day lanes, as well as its fleet of more than 10,500 tractors, Estes is committed to getting America’s freight where it needs to go, when it needs to get there. And with its continued investment in leading-edge technology, as well as the support of its more than 24,000 employees. To learn more about Estes visit www.estes-express.com.
Manufacturers
GeoBubble™ Unveils Next-Generation Sol+Guard™ Gen2
Hastings, UK – UK-based manufacturer Plastipack Ltd announces the U.S. launch of its latest swimming-pool cover material: Sol+Guard™ Gen2, utilising the globally trusted GeoBubble™ technology.
GeoBubble™ pool covers have been available in the U.S. since early 2024, with high-performance products like CoolGuard™ Ultra proving especially popular in warmer regions. The launch of Gen2 brings an important step change in performance, durability and sustainability that builds on that early success.
By integrating graphene, an exceptionally strong and thermally conductive material, Plastipack has developed a film that is 20 % thinner without sacrificing performance or durability.
Unlike many thinner, short-life covers currently available in the market, GeoBubble™ materials are engineered for durability. Each cover features the patented GeoBubble™ shape, which eliminates weak points found in traditional bubble designs, preventing premature degradation caused by UV and chemical attack.
“Pool owners deserve a cover that lasts more than one season,” says Peter Adlington, Managing Director at Plastipack Ltd. “With GeoBubble™ Gen2, we’re combining advanced material science with real-world performance testing to deliver a product that’s lighter, stronger, and far more durable — helping to lower running costs while reducing environmental impact.”
Sol+Guard™ Gen2 is now available to U.S. pool owners through Solar Pool Supply.
About GeoBubble™
GeoBubble™ is an innovative bubble design developed by Plastipack Ltd, a UK-based manufacturer specializing in energy- and resource-saving cover materials for swimming pools. With unique patented technology and extensive in-house testing, GeoBubble™ materials are engineered to deliver superior durability, energy efficiency, and environmental performance.
For full details, visit geobubblepoolcovers.com or contact: [email protected] | +44 (0)1424 851659
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