Content about Caterpillar Inc.

July 29, 2013

For the second time this year, Caterpillar Inc. is initiating a $1 billion accelerated stock repurchase program, this time with Societe Generale.

The construction equipment giant is set to repurchase $1 billion of its common stock, with an immediate delivery of about 11 million shares based on current market prices.

July 25, 2012

Toano, Va.-based Lumber Liquidators reported second-quarter sales of $210.3 million, up 19.9% from the same quarter a year ago. 

Comparable-store sales increased 12.4% for the quarter, as net income increased to $12.2 million, up from $5.3 million in the year-ago quarter.

November 7, 2011

San Antonio — The layoffs, bankruptcies, pay cuts and long hours that have cast a pall over the industry for the last several years were pushed aside for three days last month as LBM executives gathered here to greet old friends, catch up on gossip, and maybe learn a thing or two about how to run a better business. The 2011 ProDealer Industry Summit, co-sponsored by the National Lumber and Building Material Dealers Association (NLBMDA) and Home Channel News, hosted 100-plus pro dealers and LBM distributors from more than 65 companies Oct. 26 to 28.

October 20, 2011

Strong results in consumable categories, a little inflation and some Hurricane Irene-related sales fueled an 11.5% same-store sales increase and led to a strong overall third-quarter financial performance at Tractor Supply. 

Net income for the quarter was $42.7 million, up 42.8% from net income of $29.9 million in the third quarter of the prior year.

Third-quarter net sales increased 17.9% to $977.8 million from $829.1 million in the prior year's third quarter.

September 28, 2011

The 2011 ProDealer Industry Summit is responding to the building downturn with a healthy lineup of business-building educational sessions.

This year’s event, sponsored jointly by the National Lumber and Building Material Dealers Association and Home Channel News, will take place Oct. 26 to 28 at the Grand Hyatt in San Antonio. 

“This industry is ready to break out of the doldrums,” said Jim Reynolds, PDIS managing director. “The best minds in the industry will gather again this year in San Antonio to share their ideas.”

February 1, 2011

This “Made in the USA” issue of Home Channel News profiles several companies that point to the benefits of domestic manufacturing. But for many more companies, sourcing product to low-cost overseas factories makes compelling economic sense. Home Channel News interviewed an executive from one such company — a manufacturer of a well-known brand of home improvement products — who spoke openly on condition of anonymity. Call him “Manufacturer X.” 

December 15, 2010

Moline, Ill.-based Deere & Co. announced it will build a construction equipment manufacturing plant in the Tianjin Economic-Technological Development Area (TEDA) in northern China.

The new facility will produce four-wheel-drive loaders and excavators for sale in China and for export. The company said the facility represents a $50 million investment and is the company’s sixth manufacturing location in China and the second in the TEDA.

October 31, 2010

Brentwood, Tenn.-based Tractor Supply reported a third-quarter net income of $32.0 million, up 45.5% from...

October 24, 2010

Moline, Ill.-based Deere & Co. renamed its credit and financial services division to John Deere...

October 20, 2010

The Brentwood, Tenn.-based retail farm and ranch store attributed animal and pet food as well...

September 25, 2008

The company plans to close its plant in November, with about 85 workers to be...

August 24, 2008

Let’s get the bad news out of the way first, move on to the better...

August 10, 2008

Orgill is showing its customers the path to green, identifying products that are good for...

July 27, 2008

The farm and ranch chain recorded a same-store sales increase of 3.4 percent....

March 19, 2008

Caterpillar is testing a rental outlet in a Home Depot store in Texas, according to...

December 13, 2007

Benjamin Moore will acquire several brands and coatings products, with brands including Insl-x, Coronado, Bruning,...

October 21, 2007

Home Channel News received numerous comments about a recent front-page article, “Homeland security: industry supports...

August 26, 2007

When Home Channel News took a look at the nation’s biggest pro dealers last year,...

August 23, 2007

Companies on the HCN Top 350 Scoreboard racked up pro sales of $55.98 billion in...

July 16, 2007

The company says it is in talks with Paris-based Saint-Gobain on acquiring the French company’s...