
Company Website:
http://www.central.com
WALNUT CREEK, Calif. -- (Business Wire)
Central Garden & Pet Company (NASDAQ:CENT) (NASDAQ:CENTA), a leading
innovator, marketer and producer of quality branded products for the
lawn and garden and pet supplies markets, today announced that the
company would establish a new shared services center in Boise, Idaho.
The center will provide transactional processing services for the
Company’s U.S. operations.
The Company previously announced its intention to transform its
operations from a portfolio of companies to an integrated, multi-brand
organization, to better support its customers’ needs and to improve the
Company’s efficiency and profitability. The transformation program
includes the implementation of standardized processes and common
financial systems. Central’s action to open a shared services center is
in keeping with its goal of centralizing transactional activities in
order to drive efficiencies, leverage automation and reduce
administrative costs.
The center will begin phasing in operations in June and is expected to
be completely staffed within eighteen to twenty-four months. Central
will begin recruiting activities for the center immediately, drawing
primarily from the sizeable pool of available talent in the area. The
new Central facility will serve as a shared service center for select
administrative functions beginning with finance and supply chain
transactional tasks.
“The consolidation of our transactional processing into a new
centralized shared services center will enable us to better serve our
customers while streamlining our processes, increasing our efficiency
and reducing our costs,” said Lori Varlas, Chief Financial Officer. “We
are pleased to locate our center in Boise as it offers considerable
advantages, including its experienced and skilled workforce, ease of
doing business and low cost profile.”
The Company’s corporate headquarters are based in Walnut Creek,
California.
About Central Garden & Pet
Central Garden & Pet Company is a leading innovator, marketer and
producer of quality branded products for the lawn & garden and pet
supplies markets. Committed to new product innovation, our products are
sold to specialty independent and mass retailers. Participating
categories in Lawn & Garden include: Grass seed and the brands
PENNINGTON®, SMART SEED® and THE REBELS®; wild bird feed and the brand
PENNINGTON®; weed and insect control and the brands AMDRO®, SEVIN®,
IRONITE® and OVER-N-OUT®; and decorative outdoor patio products and the
brands NORCAL POTTERY®, NEW ENGLAND POTTERY® and MATTHEWS FOUR SEASONS™.
We also provide a host of other regional and application-specific garden
brands and supplies. Participating categories in Pet include: Animal
health and the brands ADAMS™ and ZODIAC®; aquatics and reptile and the
brands OCEANIC SYSTEMS®, AQUEON® and ZILLA®; bird & small animal and the
brands KAYTEE®, SUPER PET® and CRITTER TRAIL®; dog & cat and the brands
TFH™, NYLABONE®, FOUR PAWS®, PINNACLE® and AVODERM®; and equine and the
brands FARNAM®, BRONCO® and SUPER MASK®. We also provide a host of other
application-specific pet brands and supplies. Central Garden & Pet
Company is based in Walnut Creek, California, and has approximately
4,100 employees, primarily in North America. For additional information
on Central Garden & Pet Company, including access to the Company's SEC
filings, please visit the Company’s website at www.central.com.
“Safe Harbor” Statement under the Private Securities Litigation Reform
Act of 1995: The statements contained in this release which are not
historical facts, including achieving sustainable long-term growth and
improved profitability, forecasted cost reductions and sales increases
and improved efficiency and profitability from the Company’s
transformation initiatives, are forward-looking statements that are
subject to risks and uncertainties that could cause actual results to
differ materially from those set forth in or implied by forward-looking
statements. These risks are described in the Central’s Annual Report on
Form 10-K, filed on November 21, 2011, Central’s Quarterly Report on
10-Q, filed on February 2, 2012, as well as other Securities and
Exchange Commission filings. Central undertakes no obligation to
publicly update these forward-looking statements to reflect new
information, subsequent events or otherwise.

Contacts:
Central Garden & Pet Company
Steve Zenker, 925-948-3657
VP
of Investor Relations & Communications
Source: Central Garden & Pet Company
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