Oil-Dri's Retail and Wholesale Products Group Announces Price Increases for Cat Litter

Oil-Dri Corporation of America

today announced price increases to all classes of trade for both coarse and scoopable cat litters effective August 2012. The rising cost of transportation for delivered goods has significantly increased for cat litter products. As a result, Oil-Dri is raising prices to recover a portion of the margin it has lost during the past year. President and CEO, Daniel S. Jaffee, said, "Our team has done an outstanding job holding the line on costs under our control. Unfortunately, these efforts have been dwarfed by the continuous and increasing rise in transportation costs and other purchased items. We sincerely appreciate our customers' loyalty to our brands." Oil-Dri is committed to continuing its innovation agenda to compete with Purina's Tidy Cat, Clorox's Fresh Step and Arm & Hammer cat litters.