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Ace Hardware recalls LED clamp light
Citing a shock and fire hazard, Ace Hardware is recalling the Ace Clamp-On LED Work Light, sold at Ace locations and other hardware stores between September and December 2013.
According to the Consumer Product Safety Commission, the cord bushing inside the light base has exhibited a tendency to fail, which allows the cord wiring to pull out of the base and expose bare wire.
No injuries have been reported.
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Ace points to strong sales and earnings
Oak Brook, Ill.-based Ace Hardware Corp. reported total fiscal 2013 revenues of $4.2 billion, an increase of 8.2% over the previous year.
“2013 was a record year for the company," said John Venhuizen, Ace president and CEO. “We outperformed our operating plan, exceeding $4 billion in consolidated revenues and $100 million in net income for the first time in our history.”