October 24, 2014 8:02 AM ET

Household Durables

Company Overview of Shop-Vac Corporation

Company Overview

Shop-Vac Corporation manufactures and distributes wet/dry vacuum cleaners and accessories for consumer, industrial, and commercial applications in North America and internationally. It offers cartridge filters for wet or dry pickup, filter bags, foam sleeves, reusable disc filters with mounting ring, inlet deflectors, disposable collection bags, replacement belts, reusable disc filters, car cleaning kits, dual wheel casters, and attachment kits. The company sells its products online. Shop-Vac Corporation was incorporated in 1969 and is based in Williamsport, Pennsylvania.

2323 Reach Road

P.O. Box 3307

Williamsport, PA 17701

United States

Founded in 1969

Phone:

570-326-0502

Fax:

570-326-7185

Key Executives for Shop-Vac Corporation

Shop-Vac Corporation does not have any Key Executives recorded.

Shop-Vac Corporation Key Developments

U.S. District Court for the Middle District of Pennsylvania Grants in Part and Denies in Part the Motion to Dismiss the Breach of Warranty Claims Filed Against Shop-Vac Corp. and Lowe's Home Centers Inc

The U.S. District Court for the Middle District of Pennsylvania concluded the plaintiffs in a lawsuit against the manufacturer and seller of vacuums plausibly pleaded consumer fraud claims based on alleged misrepresentations about the capacity of the vacuums. The complaint set out sufficient facts to state breach of warranty claims for the plaintiffs who gave the requisite notice. Shop-Vac Corp. manufactures a line of vacuums sold at Lowe's Home Centers Inc. Numerous consumers filed class action lawsuits, alleging that Shop-Vac and Lowe's made false and misleading representations about the peak horsepower of the vacuums. According to the plaintiffs, Shop-Vac misrepresented that its vacuums were capable of reaching a peak horsepower that was impossible to attain in actual use by consumers. The complaint also alleged Lowe's made identical misrepresentations in its advertisements. The defendants moved to dismiss the complaint. The district court found the plaintiffs pleaded a viable breach of express warranty claim. The complaint alleged the plaintiffs purchased vacuums that made specific representations as to peak horsepower, the representations were false and the plaintiffs would not have purchased the vacuums if not for the false representations. The defendants argued dismissal was justified because the representations regarding peak horsepower were technically true. The term "peak horsepower," according to the defendants, refers to horsepower levels reached for a brief time in laboratory conditions. The district court observed that the defendants' argument relied on information outside the pleadings that could not be considered. Plaintiffs Harbut and Reid adequately alleged they provided notice of the breach prior to filing suit. Whether that notice was sufficient was a question of fact. McMichael could not maintain a claim for breach of express warranty because he failed to allege that he gave notice of the breach. The district court declined to dismiss Harbut's and Reid's breach of implied warranty of merchantability claims. The complaint sufficiently alleged the vacuums were not fit for their ordinary purpose because the suction was not enough to pick up most debris. McMichael's claim failed for lack of proper notice. The defendants contended the consumer fraud claims should be dismissed because no reasonable consumer would have been misled by the alleged misrepresentations. At the motion to dismiss stage, the court could not conclude that a reasonable consumer would not understand the term "peak horsepower" to mean horsepower achieved in actual use of the vacuum rather than in laboratory testing. The allegations in support of the consumer fraud claims were facially plausible. The district court granted in part and denied in part the motion to dismiss the breach of warranty claims.

GE Capital Provides $70 Million in Financing to Shop-Vac Corporation

GE Capital, Corporate Finance announced that it is serving as agent and sole lender on a $70 million senior credit facility for Shop-Vac Corporation. The credit facility will be used for working capital and general corporate purposes, and to support the company's international growth.

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