Topic: Growth Stocks

Stock Pickers Digest Hotline – Friday, July 3, 2009

Article Excerpt

DOREL INDUSTRIES, $26.79, symbol DII.B on Toronto, has introduced its patented Air Protect system to protect children in car seats during side-impact collisions. The system works by putting a layer of air protection around the child’s head. Air Protect inflates a cushion which then slowly loses air to absorb the energy that can cause head trauma. It will be launched as part of the company’s new Safety 1st Complete Air Car Seat. Head trauma causes the vast majority of fatalities in side-impact crashes, according to the U.S. National Highway Traffic Safety Administration. Dorel believes that it will sell hundreds of thousands of the Air Protect car seats, whose technology will eventually be added to other seat designs, including lower-cost options. As well, the U.S. government is looking at requiring safer car seats in order to protect infants from side-impact crashes. Dorel produces more than seven million car seats each year, making it the world’s largest car-seat manufacturer. The company also makes other…

You are trying to access subscriber-only content.

To read this article, you may subscribe or sign in.
If you are already a subscriber, log in here.

If you wish to become a subscriber, click here. Or you may enjoy access to all our publications when you become a Member of Pat McKeough's Inner Circle Pro.