Oceanic is much the same as All Glass.
Consider the fact that Central Pet owns All Glass and a few years ago Central Pet purchased Oceanic, shut down their entire tank manufacturing and moved everything to Dallas. So All Glass and Oceanic are pretty much the same people now, and those people are not the original Oceanic people, they broke away and have started a new tank company, the name slips my mind at the moment. In fact, I remember one of Oceanic's tank guys in Eugene, Oregon asking the shop I was working at if he could build tanks for us instore. We advised he go to a bigger city, like L.A.
Anyways...I digress, All Glass and Oceanic are all under Central Pet. Maybe they make the glass thicker and claim to build to a high standard like before etc, but I question Oceanic's quality these days. Add this to the fact that Central Pet's stock dropped quite a bit near the close of 2007,
"One of the day’s biggest losers on the Nasdaq Stock Market was Central Garden & Pet http://online.wsj.com/quotes/main.ht...jn&symbol=CENT , which reported a 4.8% decline in sales for its most recent quarter, due in large part to rising grain prices and flagging interest in aquatics, which hurt the bird, fish and “small animal” divisions. Shares of the stock are down 60% in what has clearly been a tough year for the pet business, although PetSmart http://online.wsj.com/quotes/main.ht...jn&symbol=PETM , a leading pet retailer, was down just 10% on the year headed into today’s trading." and you must come to the conclusion that they are trying to make up for their losses.
Central Pet basically bought the name, fired the staff and put their staff to work slapping the reputation they bought to sell tanks at a higher price while still able to manufacture at the cost that All Glass is manufactured at.
-Knowledge is Power-
Consider the fact that Central Pet owns All Glass and a few years ago Central Pet purchased Oceanic, shut down their entire tank manufacturing and moved everything to Dallas. So All Glass and Oceanic are pretty much the same people now, and those people are not the original Oceanic people, they broke away and have started a new tank company, the name slips my mind at the moment. In fact, I remember one of Oceanic's tank guys in Eugene, Oregon asking the shop I was working at if he could build tanks for us instore. We advised he go to a bigger city, like L.A.
Anyways...I digress, All Glass and Oceanic are all under Central Pet. Maybe they make the glass thicker and claim to build to a high standard like before etc, but I question Oceanic's quality these days. Add this to the fact that Central Pet's stock dropped quite a bit near the close of 2007,
"One of the day’s biggest losers on the Nasdaq Stock Market was Central Garden & Pet http://online.wsj.com/quotes/main.ht...jn&symbol=CENT , which reported a 4.8% decline in sales for its most recent quarter, due in large part to rising grain prices and flagging interest in aquatics, which hurt the bird, fish and “small animal” divisions. Shares of the stock are down 60% in what has clearly been a tough year for the pet business, although PetSmart http://online.wsj.com/quotes/main.ht...jn&symbol=PETM , a leading pet retailer, was down just 10% on the year headed into today’s trading." and you must come to the conclusion that they are trying to make up for their losses.
Central Pet basically bought the name, fired the staff and put their staff to work slapping the reputation they bought to sell tanks at a higher price while still able to manufacture at the cost that All Glass is manufactured at.
-Knowledge is Power-
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