Content about Chicago

July 23, 2014

Chicago-based Building materials company USG is looking to highlight the best drywall finishers by rolling out a new Building Greatness program.

The program takes the form of a contest whose winner gets a trip to the 2015 Pan American Games in Toronto. Contestants can submit photos of drywall finishing jobs they’re proud of to USG through March 1, 2015.

July 22, 2014

When a local television station in Chicago broke a story earlier this month about workers picketing over a company’s bathroom policy, John Fitzgerald, VP marketing at Chicago Faucets found the story interesting.

“The company was the WaterSaver Faucet Co.,” Fitzgerald said. “We compete with them in a niche area of faucets, and I’m always interested in what my competitors are doing. I had no idea that a few days later, our own company would mistakenly become the subject of that story.”

July 17, 2014

DXV by American Standard, a new flagship luxury bathroom and kitchen brand launched this spring, will be available at Pirch locations across the country beginning August 2014.

Pirch operates four luxury show rooms in California and another in Chicago.

July 14, 2014

The 3-D printer movement got a boost months ago when Home Depot began offering 3-D printers and scanners for sale through its website.

Now the world’s largest home improvement retailer is bringing the products to shelves in select markets. Home Depot is introducing MakerBot 3-D printers and scanners in select stores in Chicago, New York City, Los Angeles and San Francisco.

June 25, 2014

USG Building Products is pitching in to help children and families in Chicago's South Side neighborhood, joining other companies and organizations at the American Institute of Architects' annual conference.

The effort will see AEC Cares, USG, Metropolitan Family Services of Chicago, Reed Construction Data and Hanley Wood join together to renovate a 30-year-old building in the neighborhood where many local infants, toddlers and preschoolers go for daycare and early learning.

June 18, 2014

Blanco, the German manufacturer of finely crafted sinks and faucets, earned a 2013 Good Design Award for its stainless steel Blanco Attika top-mounted kitchen sink. 

The sink with its elevated rim geometry won in the Kitchen/Appliances category.

June 4, 2014

Jeff and Al Bunge of Cedar Lake True Value Hardware were recognized by the Chicago-based True Value Company as one 13 “Best Hardware Store in Town” honorees.

According to the co-op, Jeff got his own department in the family owned store at the age of 11, working under his father and uncle. The store was converted to the Destination True Value format in June 2012.

May 29, 2014

As paint-aisle competition heats up across the home improvement industry, Chicago-based True Value Company says its new True Value Beauty by Design color center is brushing up stores with enhanced technology and merchandising.

May 20, 2014

Gibbs True Value Hardware in Grayson, Kentucky, was recognized by Chicago-based True Value Co. as one of 13 Best Hardware Store in Town honorees.

Accepting the award at a True Value hosted ceremony earlier this year were C.C. and Julie Gibbs. 

The store was the first in the state of Kentucky to adopt the Destination True Value format. The store also offers niche categories, such as fireplaces, outdoor power equipment and a Just Ask Rental business.

April 30, 2014

Chicago-based True Value Co. senior VP and CFO David Shadduck liked what he saw during the first quarter, and didn't hesitate to describe the cold and snowy winter as a net gain for the co-op's 4,500 retailers.

The co-op reported gross billings of $460.1 million for the quarter, up 3.6% from $444.2 million for the same period a year ago. Revenue was $331.5 million, an increase of 6.0%.

April 29, 2014

Pointing to success of an expanded farm, ranch, auto and pet assortments, Chicago-based True Value posted gains in gross billings and revenues for the first quarter ended March 29.

The co-op reported gross billings of $460.1 million for the quarter, up 3.6% from $444.2 million for the same period a year ago. Revenue was $331.5 million, an increase of 6.0%.

The cooperative posted a quarterly net margin of $0.9 million, up slightly from $0.4 million a year ago.

April 14, 2014

Buffalo Grove, Ill.-based Hines Supply, a subsidiary of US LBM, announced its newest northern Illinois location -- Builder’s Roofing & Siding Supply of Warrenville.

Founded in 1967 by Henry Pelletier, Builder’s Roofing & Siding Supply is a wholesale distributor and supplier of roofing, siding and windows serving Chicago and its western suburbs. Grandsons Brian, Mark and Scott Pelletier will remain with the company.

April 9, 2014

Hines Supply, a subsidiary of US LBM, has opened a full-service building supply center and design showroom in Grayslake, Ill., north of Chicago.

The location, at 939 South Route 83 in Grayslake, is celebrating its grand opening today. It will be managed by 30-year industry veteran Ed Graafsma.

March 28, 2014

Chanute, Kan.-based Cleaver Farm & Home was recognized by Chicago-based True Value Co. as one of 13 “Best Hardware Store in Town” honorees.

Accepting the award at a True Value hosted ceremony were Chris and Jason Cleaver. 

The retailer converted to the co-op’s Destination True Value format in spring 2013, and the owners see continued community support along with opportunities for growth. 

The farm-and-ranch segment has been an area of focus for the wholesaler, which describes the segment as its fastest growing. 

March 6, 2014

Versatex Trimboard hired Chad Domrase to join the regional market development team for Michigan and Chicago.

Domrase will report to regional sales manager Chris Hedlund. Active in the building products industry since 2006, Domrase acquired specialized experience with both 84 Lumber and Wimsatt Building Materials in Lansing, Mich.

Versatex Trimboard products are manufactured by Wolfpac Technologies of Pittsburgh. 

 

February 25, 2014

Chicago-based True Value Company reported gross billings of $457.3 million for the quarter ending Dec. 28, an increase of 1.3 % from $451.5 million for the prior year quarter.

Revenue was $340.7 million, an increase of 0.2%. The co-op posted quarterly earnings of $12.5 million, down 57% from $29.1 million for the same period a year ago. Last year’s earnings were inflated by a $16.5 million non-recurring gain. Excluding that gain, earnings were down 0.8%.

January 21, 2014

Sears is planning a Chicago-style liquidation this month, as it prepares to shutter its flagship store on North State Street in the heart of the Windy City's Loop. 

The Chicago Tribune quoted a Sears spokesman: "The store has lost millions of dollars since opening and we can no longer continue to support the store's operating losses." The store has operating in the location since 2001. 

Liquidation sales are expected to begin Jan. 26, with a closing in April.

December 5, 2013

IKEA said this week that it is submitting plans for a St. Louis, Mo., store.

The application marks the beginning of the governmental approval process, which is expected to lead to the opening sometime in fall 2015. The closest IKEA stores to the proposal are the Chicago-area stores in Bolingbrook, Ill., and Schaumburg, Ill. Additionally, a Kansas City-area store is under construction and on track to open fall 2014 in Merriam, Kan.

December 2, 2013

True Value Co.’s information technology team earned recognition from the Chicago chapters of the Association of Information Technology Professionals (AITP) and the Society for Information Management (SIM)

Chicago-based True Value took home the 2013 CIO’s Most Effective IT Team Award in the large company category.

The program consists of a nomination phase, a qualifying and detailed application process, and a peer panel of judges who score each team.

November 4, 2013

Chicago-based True Value Co., which took on a new CEO in May, announced the arrival of three new executives to the co-op's leadership team.

The restructuring brings Ken Goodgame, a former Ace executive, to True Value as senior VP and chief merchandising officer. He will replace Mike Clark, who announced his retirement. Also, Abhinav Shukla joins True Value as senior VP and COO; and Tim Mills becomes the company's new senior VP of growth.

November 1, 2013

Chicago-based True Value Co. reported gross billings of $455.1 million for the quarter ended Sept. 28, an increase of 1.4%  from $448.9 million for the same period a year ago. 

Revenue was $346.5 million, an increase of 2.0% or $6.9 million from $339.6 million a year ago. Comparable-store sales to core domestic hardware store outlets were up 2.8% at wholesale and 4.5% at retail for the quarter.

October 23, 2013

NAHB Remodelers, the remodeling arm of the National Association of Home Builders, has named Tim Swafford, CGR, CAPS, CGP, of Swafford Construction in Chattanooga, Tenn., the 2013 Remodeler of the Year. The announcement was made at the NAHB Remodelers’ gala on Oct. 17 during the Remodeling Show in Chicago. 

October 18, 2013

True Value Corp. CEO John Hartmann’s first mission was to meet as many dealers as fast as possible. In his first three-and-half-months on the job, he talked to some 450 retailers at 13 roundtable events around the country.

October 18, 2013

The mailing address for US LBM Holdings is Green Bay, Wis. But don’t be fooled. The CEO lives in Ohio. The HR chief in Boston. The COO in New Jersey. And the marketing director is in Chicago.

The system of a permanent, floating headquarters is by design. “I don’t want to be handcuffed to a building,” says CEO L.T. Gibson. “One of the ways to avoid a big corporate culture is to avoid a big corporate office.”

October 17, 2013

Chicago -- The difficult task of looking into the future from the vantage point of a Wall Street investor -- and sharing that view with home improvement researchers -- fell upon Joshua Rosenbaum, of UBS.

And the key to the future, he said, is jobs.