Lowes Contractors has launched a new bag manufacturing business to capitalize on the success of its signature bags.
Lowes’ contract bag manufacturing division is now producing more than 2 million bags annually.
In a statement, Lowes’ executive vice president of product management, Greg Fisk, said, “We are pleased to be joining forces with the innovative manufacturer of award winning bags, Bagmaster, and we are excited about the opportunity to expand our product line and bring our innovative bag manufacturing capabilities to our customers.”
The bag manufacturer’s portfolio includes bags for the U.S. Army and the U!
Postal Service, as well as for the International Space Station.
In its statement, BagMaster said it plans to expand the business by adding more low-cost, low-maintenance bags for government agencies, contractors and retailers.
The company also plans to sell its low-priced bags through Amazon.com.
The announcement follows several delays in the bag manufacturing industry.
Last month, the National Park Service announced it was cutting its contracts with several suppliers, including the New Jersey-based bag manufacturer Bagmaster.
In December, a supplier for the Department of Energy said it was not paying the full price of its bag.
Last year, the U .
Consumer Product Safety Commission (CPSC) banned several suppliers of high-priced, high-quality bags from making bags.
In addition, Bagmasters, like most companies that make bags, has struggled with supply shortages in recent years.
According to Bagmaster’s website, it has lost almost all of its supply contracts with suppliers in the past two years, including some contracts with retailers like Walmart, Walgreens and Target.