Latest news with #QEP


Associated Press
16-07-2025
- Business
- Associated Press
Q.E.P. Co., Inc. Unveils State-Of-The-Art ROBERTS® Adhesive Manufacturing Plant in Dalton, Georgia
DALTON, Ga., July 16, 2025 (GLOBE NEWSWIRE) -- Q.E.P. Co., Inc. (OTCQX: QEPC) celebrated the completion of its latest investment in American manufacturing with a ribbon-cutting ceremony to unveil its next-generation ROBERTS® adhesive manufacturing plant in Dalton Georgia. The advanced machinery and infrastructure enables the plant to double production of adhesives from the previous 18,000 gallons per day to an incredible 18,000 gallons per single shift. The investment also increases QEP's capabilities with polymer formulations, allowing for greater innovation in the flooring industry. The ribbon-cutting event showcased the new holding tanks, mixers and state-of-the-art production lines and packaging lines in operation. The event also garnered special recognition from the city of Dalton, Georgia, which thanked QEP for its continued investment in local American production, and to the region widely known as, the ' Flooring Capital of the World.' Herbert Maertl, Chief Operating Officer of QEP, explains, 'A few years ago, we committed to establishing a state-of-the-art adhesive manufacturing plant here in Dalton, Georgia to increase our production capacity and formula capabilities. Our goal was to service our customers with high-quality American-made products with continued 100% service levels. With unrelenting determination, amazing teamwork and great support, we delivered exactly that.' The upgrades and implementation of the new production lines took over three years from concept to completion, during which time production of adhesives never stopped. As always, orders continued to ship complete and on time. The plant is now operating at its new higher output of production and will continue to produce high-quality American-made adhesives for distribution across the country. Len Gould, QEP's President and CEO, stated 'I'm very proud of our entire Team and who we are today. The investments, while substantial, help us across the enterprise with technology, consistency, efficiency, and capacity.' He continued, 'Most of our adhesive competition is either owned by private equity firms or foreign nationals, and we are the alternative.' 'Roberts is truly the American Adhesive Company ™.' About QEP Founded in 1979, Q.E.P. Co., Inc. is a leading designer, manufacturer and distributor of a broad range of best-in-class flooring installation solutions for commercial and home improvement projects. QEP offers a comprehensive line of specialty installation tools, adhesives, and underlayment. QEP sells its products throughout the world to home improvement retail centers, and professional distribution outlets, under brand names including QEP®, LASH®, ROBERTS®, Capitol®, Premix-Marbletite® (PMM), Brutus® and Homelux®. QEP is headquartered in Boca Raton, Florida with other facilities in the United States, Canada, and Asia. Please visit our website at Contact: Q.E.P. Co., Inc. Leslie Del Pozo Vice President Marketing Communications Phone: 561-994-5550 Email: [email protected]


Irish Daily Mirror
20-06-2025
- Climate
- Irish Daily Mirror
The €4 hack to paint garden fence faster and better than any brush or sprayer
Ireland is basking in a rare burst of sunshine this week as a mini-heatwave sweeps across the country. Temperatures are expected to climb to a sweltering 30C in some parts today, and Met Eireann has said the warm spell is set to continue into the weekend - offering the perfect excuse to spend more time outdoors. For many homeowners, that means tackling the long-delayed garden jobs, whether it's dusting off the BBQ, trimming hedges or finally getting around to giving the garden fence a fresh lick of paint. But if you've ever tried painting a fence under blazing sun, you'll know that it can quickly turn from a satisfying job into a sweaty, painstaking chore - especially when using a small brush or clunky sprayer. Luckily, one clever DIYer has shared a game-changing trick that promises to make the task much faster and easier - and it costs less than the price of a chicken fillet roll. TikTok user @mrsclarehoops, who has over 130,000 followers, regularly shares practical home and garden tips, and her recent video has gone viral for good reason. Clare revealed her go-to method for painting fences doesn't involve brushes or sprayers at all - just an ordinary yellow sponge, which you can pick up for around €4 (or even less in some stores). She said: "Just a reminder, if you're painting fences this weekend, you should try the sponge method. Take a big yellow sponge, I like to chop it in half, but you could use it full. So then you have two sponges." Clare recommends wearing rubber gloves to deal with the messiness, but says the payoff is well worth it. She explained: "It's a bit messy, so you are going to want some rubber gloves. I've tried so many different methods of painting fences over the years, and this is by far the fastest. It's not the neatest, but it's definitely the quickest, and sometimes speed is what you need." She demonstrates how the sponge "just glides on" the paint and gets into all the "really bumpy bits" of a wooden fence far more efficiently than traditional tools. You can pick up a suitable sponge for the hack without breaking the bank. On Amazon's newly launched Irish store, the Vitrex 10 2904 Yellow Tiling Sponge is €3.67. Alternatively, they offer a six-pack of QEP grouting and cleaning sponges for €15.67, which works out at just €2.61 each. If you'd rather shop in-store, most DIY retailers across Ireland stock similar options - for example, Lenehans sells an All-Purpose Jumbo Sponge for €3.99. The viral video has since racked up thousands of views, with users praising the hack as a true time-saver. One user commended: "Thank you for this. I have to do mine this year, and I use a big brush, but it's always so uncomfortable." Another added: "This is absolutely genius, paints fences in minutes, but I would recommend cleaning the fences of algae first."


Indian Express
15-06-2025
- Business
- Indian Express
Explained: Centre's rationale behind MGNREGS spending cap, the problems with it
Second byline: Purbayan Chakraborty The Union Finance Ministry has capped spending under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) at 60% of its annual allocation for the first half of Financial Year (FY) 2025-26. There was no such spending limit until now. The programme has been brought under the Monthly Expenditure Plan/Quarterly Expenditure Plan (MEP/QEP), a spending control mechanism introduced by the Finance Ministry in 2017. MGNREGS, which provides up to 100 days of employment to any rural household on demand, was thus far exempt from MEP/QEP on account of being demand-driven. Civil society groups and MGNREGS worker unions have raised concerns about the move. Here's why. Finance Ministry's rationale MGNREGS has long been plagued with financial troubles, which are perhaps what the Finance Ministry hopes to address by implementing the MEP/QEP mechanisms. Data from the Ministry of Rural Development show that over the last few years, more than 70% of the budget is frequently exhausted by September, and while supplementary allocations are often made in December, even these run out by January. This leaves significant pending dues by the end of the FY — over the last five FYs, pending dues have ranged between Rs 15,000 crore to Rs 25,000 crore. On average, 20% of the subsequent FY's budget is spent in clearing these. By implementing an expenditure cap, the Finance Ministry is likely ensuring an adequate budget will remain for the latter half of the FY, so that no supplementary allocation will have to be made. The MGNREGS budget for FY 26 stands at Rs 86,000 crore, and FY 25 ended with pending dues of Rs 21,000 crore. As on June 12, the Centre has released 28% of FY 25-26's budget. Pending dues for FY 26 stand at Rs. 3,262 crore, and for FY 25 at Rs 19,200 crore. Just clearing these dues will exhaust approximately 50% of the budget. Issue of fluctuating demand By design, MGNREGS acts as a buffer for rural citizens, especially during times of lean harvests, freak weather events, and rural distress. Work demand under the scheme fluctuates throughout the year due to a number of reasons, primarily agricultural activities and weather patterns. MGNREGS work demand is highest between April and June, and picks up again after the kharif sowing season in September. But weather abnormalities such as delayed rains can lead to high MGNREGS work demand even in July or August. In 2023, for instance, low rainfall led to 20% higher work demand than usual in July and August, with Karnataka in particular spending more than 70% of the annual MGNREGS budget within six months due to extreme drought conditions. The expenditure cap does not take into account these contingencies. There is a legal issue too. Social security and welfare in India is implemented either via schemes designed and executed by the government of the day (for instance, PM Kisan Samman Nidhi or the LPG scheme), or through schemes based on specific legislation which establish certain programmes as statutory rights, like MGNREGS (based on MGNREG Act, 2005) or the Public Distribution System (based on National Food Security Act, 2013). The former can, and often are, altered, discontinued, or repackaged when a new government comes to power. For the latter, while the government does have the power to determine the modalities of implementing legislation, this power is conferred by the legislature and is limited in its scope. The MGNREGA recognises employment as a statutory right. The Act signified a critical shift from this being a negative right under Article 21 of the Constitution (which mandated that the state must not interfere with your livelihood unreasonably), to a positive statutory obligation on the government to provide employment on demand. The 60% spending cap ordered by the Finance Ministry makes it virtually impossible to realise an entitlement that is legally guaranteed under the Act once the ceiling is reached. Constitutional courts have held that financial inability cannot be a reason to disregard statutory or constitutional duties, including in Swaraj Abhiyan v Union of India (2016), Municipal Council, Ratlam vs Shri Vardhichand (1980), and Paschim Banga Khet Mazdoor Samity v State of W.B. (1996). Lack of clarity There is currently no clarity on what will happen once the ceiling is reached. States could be forced to deny employment even when there is demand, or workers may have to work without timely payment. In both scenarios, statutory rights of the workers may be violated — the right to to receive employment within 15 days of raising the demand, as provided under section 3 of the MGNREGA, and the right to receive wages within 15 days of closure of work, as mandated under para 29 of schedule II of Act. To be sure, wage delays have been rampant in the scheme for years, and unemployment allowances and compensation for delayed payments have gone unpaid or been poorly calculated (as the Supreme Court has observed). However, the Finance Ministry's decision undermines the letter and spirit of the Act in an attempt to address the financial problems in MGNREGS. Laavanya Tamang is Senior Researcher with the Foundation for Responsive Governance, and affiliated with the NREGA Sangharsh Morcha. Purbayan Chakraborty is a Calcutta-based lawyer and works closely with the Paschim Banga Khet Majoor Samity, a trade union representing rural workers in West Bengal. All data accessed from MGNREGS MIS on June 12


Indian Express
12-06-2025
- Business
- Indian Express
Daily subject-wise quiz : Economy MCQs on Mahatma Gandhi National Rural Employment Guarantee Scheme, Sveriges Riksbank Prize in Economic Sciences and more (Week 114)
UPSC Essentials brings to you its initiative of subject-wise quizzes. These quizzes are designed to help you revise some of the most important topics from the static part of the syllabus. Attempt today's subject quiz on Economy to check your progress. 🚨 Click Here to read the UPSC Essentials magazine for May 2025. Share your views and suggestions in the comment box or at Consider the following statements about MGNREGS: 1. The government has capped spending under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) at 60 per cent of its annual allocation for the first half of the financial year 2025–26. 2. The Finance Ministry has directed the Ministry of Rural Development (MoRD) to include MGNREGS under the Monthly/Quarterly Expenditure Plan (MEP/QEP) framework. 3. Till now, the scheme has operated as a demand-driven programme with 40 per cent mandatory capping on the spending limit. How many of the statements given above are correct? (a) Only one (b) Only two (c) All three (d) None Explanation — For the first time, the government has limited spending under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) to 60% of its annual allocation during the first half of fiscal year 2025-26. Until now, the rural jobs guarantee scheme has functioned as a demand-driven program with no spending cap. Hence, statement 1 is correct and statement 3 is not correct. — The Ministry of Finance has informed the Ministry of Rural Development that it would now be subject to the Monthly/Quarterly Expenditure Plan (MEP/QEP), a spending control mechanism from which it was previously free. — The Finance Ministry implemented the MEP/QEP in 2017 to assist ministries in managing cash flow and avoiding wasteful borrowing. MGNREGS remained outside its purview until recently, with the Rural Development Ministry claiming that the scheme's demand-driven nature rendered set spending caps ineffective. However, from the start of the 2025-26 fiscal year, the Finance Ministry is said to have urged the MoRD to incorporate MGNREGS in the MEP/QEP framework as well. Hence, statement 2 is correct. Therefore, option (b) is the correct answer. With reference to the Collection of Real Time Observations & Photo of Crops (CROPIC), which of the following statements are correct? 1. The scheme will gather crop information using field photographs and AI-based models. 2. The study will be carried out for two seasons initially, kharif 2025 and rabi 2025-26. 3. The CROPIC mobile app has been developed by the National Informatics Centre under the Ministry of Electronics and Information Technology. 4. It is an initiative under the Pradhan Mantri Fasal Bima Yojana (PMFBY). Select the correct answer using the codes given below: (a) 1 and 2 only (b) 2, 3 and 4 (c) 1, 2 and 4 (d) 1 and 3 only Explanation — The Ministry of Agriculture and Farmers Welfare intends to establish CROPIC, a project that will collect crop information through field Photos and AI-based models. Hence, statement 1 is correct. — CROPIC stands for 'Collection of Real-Time Observations and Photos of Crops.' Crops will be photographed four to five times throughout their life cycle, and the images will be evaluated to estimate their health and probable mid-season losses. — The study will initially include two seasons: kharif 2025 and rabi 2025-26. Hence, statement 2 is correct. — The study proposes employing a mobile application to capture field images during the crop season. The CROPIC smartphone app was created by the Union Ministry of Agriculture and Farmers' Welfare. Hence, statement 3 is not correct. — Photographs from the field will be crowdsourced directly from farmers. Then they will be examined for information such as crop type, crop stage, crop damage, and extent. — The CROPIC model will analyse photos and extract information using an AI-powered cloud platform, with visualisation provided by a web-based interface. — 'CROPIC is a PMFBY initiative that uses computer vision technology and photo-analytic models to monitor crop health and stress, as well as automate crop loss assessment and claim payment to affected farmers.' This program is part of a series of digital agricultural advances aimed at increasing financial resilience. Hence, statement 4 is correct. Therefore, option (c) is the correct answer. Recently, MSC IRINA, the world's largest container ship by capacity docked at which port? (a) Jawaharlal Nehru Port (b) Kandla Port (c) Chennai Port (d) Vizhinjam Port Explanation — MSC IRINA, the world's largest container ship by capacity, arrived at Vizhinjam International Seaport, which opened last month. This is the ship's first call to a South Asian port. — 'Kerala welcomes MSC IRINA, the largest container ship to call at any South Asian port, with great pleasure. Her arrival at Vizhinjam, which measures 399.9m in length and 61.3m in breadth and has a capacity of 24,346 TEUs, is a historic event. A proud milestone that highlights our port's key worldwide position and fuels our collective dream of expansion,' Vijayan wrote on X. — The port, administered by Adani Ports and SEZ Private Limited under a design, develop, finance, operate, and transfer (DBFOT) model, has made exceptional progress in transshipment container handling. Therefore, option (d) is the correct answer. With reference to the Gross Domestic Product (GDP), consider the following statements: 1. It is the central metric to assess the annual economic growth or the overall size of an economy. 2. The Ministry of Home Affairs regulates and updates the base year for the calculation of GDP. 3. At present, the base year used for the GDP calculations is 2019-20. 4. The first set of estimates of national income (GDP) for India was compiled by the 'National Income Committee', under the chairmanship of PC Mahalanobis in 1949. How many of the statements given above are correct? (a) Only one (b) Only two (c) Only three (d) All four Explanation — The Ministry of Statistics and Programme Implementation stated that the ministry is in the process of revising the 'base year' for the calculation of Gross Domestic Product (GDP). Hence, statement 2 is not correct. — The GDP is the central metric to assess the annual economic growth or the overall size of an economy and the so-called 'base year' refers to the year that works as a starting point for calculations. Hence, statement 1 is correct. — Currently, the base year is 2011-12. In other words, the GDP in 2011-12 serves as a 'base' from which the GDP growth of every subsequent year is measured. The new base year for GDP estimates will be 2022-23, with the revised set of data to be released on February 27, 2026. Hence, statement 3 is not correct. — The base year for the Index of Industrial Production (IIP) will be amended to 2022-23, while the base year for the Consumer Price Index, which is used to monitor consumer inflation, will be revised to 2023-24. — In 1949, the 'National Income Committee', chaired by PC Mahalanobis compiled the first set of national income (GDP) estimates for India. This committee issued its first and final reports on national income in 1951 and 1954, respectively. Hence, statement 4 is correct. — The Central Statistics Office (CSO) conducted a thorough examination of the methodology used to calculate GDP. Aside from moving the base years of national accounts series, the CSO attempted to improve the compilation of national accounts series in terms of activity coverage, the incorporation of newest datasets, and the application of latest international norms. Therefore, option (b) is the correct answer. The UPI handle '@valid' was in the news. It has been launched by: (a) Reserve Bank of India (b) National Payment Corporation of India (c) Ministry of Finance (d) Securities and Exchange Board of India Explanation — The Securities and Exchange Board of India (SEBI) intends to implement a structured unified payment interface (UPI) address mechanism for its registered intermediaries in order to combat the growing number of unregistered entities in the stock market that are misleading investors. — To improve investor security and combat illegal money collection in the securities market, the Sebi has announced the implementation of a structured and validated UPI address method, which includes the exclusive '@valid' handle for all registered investor-facing intermediaries. — The National Payments Corporation of India (NPCI) would exclusively allocate the certified UPI handle for payment collection by Sebi-registered intermediaries. The NPCI is the country's umbrella organisation for retail payments and settlement systems, and it owns and operates the UPI platform. UPI, a mobile-based, 365x24x7 'rapid payment' system, allows users to send and receive money instantaneously using a Virtual Payment Address (VPA) that they set themselves. — According to Sebi, the new approach will require the intermediary to choose a comprehensible name for the username, followed by a necessary suffix that clearly defines the category. A stock broker's suffix is '.brk', whereas a mutual fund's suffix is '.mf'. Therefore, option (d) is the correct answer. Consider the following statements with reference to Real Time Gross Settlement (RTGS): 1. RTGS transactions/transfers have no amount cap set by RBI. 2. The transactions received up to a particular time are processed in batches. 3. The remitter need not use a physical cheque or a demand draft. Which of the statements given above is/are correct? (a) 1 and 2 only (b) 2 and 3 only (c) 1 and 3 only (d) 1, 2 and 3 Explanation According to — NEFT is an electronic fund transfer system in which the transactions received up to a particular time are processed in batches. Contrary to this, in RTGS, the transactions are processed continuously on a transaction-by-transaction basis throughout the day. — RTGS transactions/transfers have no amount cap set by RBI. — The system is available on all days on a 24x7x365 basis. There is real time transfer of funds to the beneficiary account. — The remitter need not use a physical cheque or a demand draft. — The beneficiary need not visit a bank branch for depositing the paper instruments. Therefore, option (c) is the correct answer. Which of the following was the subject for awarding the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel in 2024? (a) for having advanced our understanding of women's labour market outcomes (b) for improvements to auction theory and inventions of new auction formats (c) for studies of how institutions are formed and affect prosperity (d) for research on banks and financial crises Explanation According to — The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2024 was awarded jointly to Daron Acemoglu, Simon Henry Roberts Johnson and James A. Robinson 'for studies of how institutions are formed and affect prosperity.' Therefore, option (c) is the correct answer. Consider the following statements: 1. The committee was tasked with the progress review of the implementation of the banking reforms since 1992 with the aim of further strengthening the financial institutions of India. 2. It focused on issues like size of banks and capital adequacy ratios among other things. 3. It proposed a three-tier banking structure in India through establishment of three large banks with international presence, eight to ten national banks and a large number of regional and local banks. The above given statements are related to which of the following economic committees in India: (a) Rangarajan Committee (b) The Kelkar Committee (c) The Narasimham Committee-I (d) The Narasimham Committee-II Explanation — The Narasimham Committee-II had suggested that financial institutions like IDBI and ICICI should either convert themselves into banks or non-banking financial companies (NBFCs). The committee was tasked with the progress review of the implementation of the banking reforms since 1992 with the aim of further strengthening the financial institutions of India. It focused on issues like size of banks and capital adequacy ratios among other things. He proposed a three-tier banking structure in India through establishment of three large banks with international presence, eight to ten national banks and a large number of regional and local banks. Therefore, option (d) is the correct answer. Daily Subject-wise quiz — History, Culture, and Social Issues (Week 114) Daily subject-wise quiz — Polity and Governance (Week 114) Daily subject-wise quiz — Science and Technology (Week 114) Daily subject-wise quiz — Economy (Week 113) Daily subject-wise quiz — Environment and Geography (Week 113) Daily subject-wise quiz – International Relations (Week 113) Subscribe to our UPSC newsletter and stay updated with the news cues from the past week. Stay updated with the latest UPSC articles by joining our Telegram channel – IndianExpress UPSC Hub, and follow us on Instagram and X. Manas Srivastava is currently working as Senior Copy Editor with The Indian Express (digital) and leads a unique initiative of IE - UPSC Essentials. He majorly writes on UPSC, other competitive exams and education-related projects. In the past, Manas has represented India at the G-20 Youth Summit in Mexico. He is a former member of the Youth Council, GOI. A two-time topper/gold medallist in History (both in graduation and post-graduation) from Delhi University, he has mentored and taught UPSC aspirants for more than four years. His diverse role in The Indian Express consists of writing, editing, anchoring/ hosting, interviewing experts, and curating and simplifying news for the benefit of students. He hosts the YouTube talk show called 'Art and Culture with Devdutt Pattanaik' and a LIVE series on Instagram and YouTube called 'You Ask We Answer'.His talks on 'How to read a newspaper' focus on newspaper reading as an essential habit for students. His articles and videos aim at finding solutions to the general queries of students and hence he believes in being students' editor, preparing them not just for any exam but helping them to become informed citizens. This is where he makes his teaching profession meet journalism. He is also the editor of UPSC Essentials' monthly magazine for the aspirants. He is a recipient of the Dip Chand Memorial Award, the Lala Ram Mohan Prize and Prof. Papiya Ghosh Memorial Prize for academic excellence. He was also awarded the University's Post-Graduate Scholarship for pursuing M.A. in History where he chose to specialise in Ancient India due to his keen interest in Archaeology. He has also successfully completed a Certificate course on Women's Studies by the Women's Studies Development Centre, DU. As a part of N.S.S in the past, Manas has worked with national and international organisations and has shown keen interest and active participation in Social Service. He has led and been a part of projects involving areas such as gender sensitisation, persons with disability, helping slum dwellers, environment, adopting our heritage programme. He has also presented a case study on 'Psychological stress among students' at ICSQCC- Sri Lanka. As a compere for seminars and other events he likes to keep his orating hobby alive. His interests also lie in International Relations, Governance, Social issues, Essays and poetry. ... Read More


Associated Press
15-04-2025
- Business
- Associated Press
Q.E.P. Co., Inc. Declares First Quarter Cash Dividend
BOCA RATON, Fla., April 15, 2025 (GLOBE NEWSWIRE) -- Q.E.P. CO., INC. (OTCQX: QEPC) ('QEP' or the 'Company') today announced that its board of directors has declared a cash dividend of $0.20 per share on its common stock. The dividend is payable on May 28, 2025 to stockholders of record as of May 1, 2025. This dividend reflects QEP's ongoing commitment to delivering shareholder value. About QEP Founded in 1979, Q.E.P. Co., Inc. is a leading designer, manufacturer and distributor of a broad range of best-in-class flooring installation solutions for commercial and home improvement projects. QEP offers a comprehensive line of specialty installation tools, adhesives, and underlayment. QEP sells its products throughout the world to home improvement retail centers, and professional specialty distribution outlets, under brand names including QEP®, LASH®, ROBERTS®, Capitol®, Premix-Marbletite® (PMM), Brutus®, and Homelux®. QEP is headquartered in Boca Raton, Florida with other facilities in the United States, Canada and Asia. Please visit our website at Forward-Looking Statements All statements contained in this press release, other than statements of historical facts, may constitute forward-looking statements within the meaning of the federal securities laws. These statements can be identified by words such as 'expects,' 'plans,' 'projects,' 'will,' 'may,' 'anticipates,' 'believes,' 'should,' 'intends,' 'estimates,' and other words of similar meaning. These forward-looking statements include, but are not limited to, statements regarding implementation of the Company's strategies and increasing profitability and stockholder value. Any forward-looking statements contained herein are based on current expectations and beliefs, and are subject to a number of risks and uncertainties, including those listed in the Company's annual report, as such risk factors may be amended, supplemented or superseded from time to time by other reports and disclosures made by the Company. Forward-looking statements may also be adversely affected by general market factors, competitive product development, product availability, federal and state regulations and legislation, manufacturing issues that may arise, patent positions and litigation, scarcity and rising cost for raw materials, shifts in global sourcing patterns, and general inflationary pressures, economic conditions, sales growth, price increases, maintaining and improving profitability, product development and marketing, operating expenses, cost savings, the successful completion of acquisitions and dispositions, acquisition integration, operational synergy realization, global sourcing, political uncertainty, cash flow, debt and currency exchange rates, among other factors. The forward-looking statements contained in this press release speak only as of the date the statements were made, and the Company does not undertake any obligation to update forward-looking statements, except as required by law. CONTACT: Q.E.P. Co., Inc. Enos Brown Executive Vice President and Chief Financial Officer 561-994-5550