Buckhead’s home grown Aaron’s Inc. is donating two solar-powered electric systems to Haiti through Aaron’s Community Outreach Program (ACORP).
The solar-powered systems, worth about $100,000 and designed by Sundance Solar Designs LLC, will provide enough power to sustain two medical centers and 34 treatment tents in the ravaged island nation.
“American companies and individuals have offered support to Haiti on a massive scale, and Aaron’s is proud to be a part of that effort,” said Ken Butler, Aaron’s Inc. chief operating officer, in a statement. “However, it was important that Aaron’s not just write a check, but give in a way that would create immediate impact. With these generators, thousands will receive critical medical treatment that we hope will make a life-saving difference for many Haitians.”
Through ACORP, Aaron’s associates have donated thousands of hours of associate time to community service projects in more than 1,700 cities across the United States and $6.8 million in goods and services donations.
Aaron’s Inc. also recently reported profits for 2009 grew nearly 25 percent, despite an economy that has zapped other retailers. The company posted net income of $112.6 million for 2009, up from $90.2 million in 2008.
Revenue grew by 10 percent for the fourth quarter to $446.3 million for the fourth quarter, and to $1.75 billion for the year.
Atlanta-based Aaron’s has more than 1,695 company-operated and franchised stores in 48 states and Canada.
The core of Aaron’s business is lease-to-own furniture, electronics and appliances to consumers regardless of credit history.