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Costco Wholesale Corp. Not Involved in Bungee Baby Jumper Recall; Recall Involves Cosco Inc., a Subsidiary of Dorel Industries Inc. of Montreal, Canada
ISSAQUAH, Wash.--(BUSINESS WIRE)--April 4, 2001--Some news organizations are confusing the Cosco Inc. furniture manufacturing company with Costco Wholesale Corp. (Nasdaq:COST), the national chain of warehouse clubs.
Cosco Inc., which recently recalled its bungee baby jumper, is a wholly owned subsidiary of Dorel Industries Inc., based in Montreal, Canada. Neither Cosco nor Dorel have any relationship with Costco Wholesale Corp., which is headquartered in Issaquah, Wash.
Costco Wholesale Corp. trades on the NASDAQ under the symbol "COST."
|CONTACT:||Costco Wholesale Inc.|
|Richard Galanti, 425/313-8203|
|Bob Nelson, 425/313-8255|