Intech Equipment & Supply, a Phoenix-based roofing and insulation equipment provider, has hired Dennis Alter as southeast technical service manager.
Alter will be based in the company's Madison, Ga. location and will support its five full service branches in California, Texas, Arizona, Missouri and Arkansas, as well as coverage for some other southeastern states.
Despite sales gains, the consumer products company based in Madison, Wis., posted a net loss of $41.2 million.
Spectrum Brands reported a second quarter net loss of $41.2 million. This compared with a net loss of $28.7 million in the year-ago quarter.
The Madison, Wis.-based consumer products company -- including such brands as Rayovac and George Foreman Grills -- purchased Stanley’s hardware and home improvement (HHI) segment last year.Sales were $987.8 million for the three months ended March 31, up from $746.3 million.
It wasn’t a nearby Home Depot that led to the business woes of a Madison, Wis., hardware store, said its owner.
According to an article in the Cap Times, a local hardware store owner pointed to crime and deteriorating conditions in the Madison, Wis., store’s neighborhood as the leading cause for its pending going-out-of-business sale.