Content about North Carolina

August 20, 2014

On Wednesday morning, it was Lowe's turn to deliver strong quarterly earnigns.

And the Mooresville, North Carolina-based retail giant did just that. The company reported net earnings of $1.04 billion for the quarter ended Aug. 1, marking a 10.4% increase over the second quarter last year. Sales for the quarter were up 5.7% to $16.6 billion, as comparable-store sales were up 4.4%.

"We were able to recover most of the outdoor product sales missed in the first quarter due to unfavorable weather conditions," said Robert Niblock, president and CEO.

August 20, 2014

Cary, North Carolina-based Ply Gem signed a deal with Fortune Brands Home & Security to acquire Simonton Windows.

The deal is valued at about 10 times Simonton’s earnings before interests, taxes, depreciation and amortization — about $130 million — and is expected to take close in October. Simonton’s annual revenues are more than $300 million.

Ply Gem will also acquire SimEx, a vinyl and PVC foam extrusion manufacturing plant in West Virginia, as part of the deal with Fortune Brands.

August 19, 2014

Charlotte, North Carolina-based Wastequip has hired Andrew Bardsley to the newly created role of VP retail for the Toter brand, in which he will be charged with leading the team's new Retail Business Unit.

With Bardsley in place, Toter's consumer business is poised to work toward its new long-term growth initiatives, including a move that will involve shifting all of its manufacturing operations to the U.S. Bardsley will be at the helm of Toter's "Made in America" initiative.

July 31, 2014

Huntersville, North Carolina-based impact driver company Irwin has unveiled the second phase of its Impact Performance Series line of accessories. This phase expands the line beyond fastening into extracting, drilling and power bits.

“The second phase of the Impact Performance Series expands our initial offering, which was originally focused on the fastener drive category only,” Irwin’s marketing director, John Schlosser, said. “Irwin’s expansion … provides the right impact accessory for nearly all impact driver applications.”

July 23, 2014

Exterior building products manufacturer Ply Gem appointed Eric Spence senior VP sales and marketing for the Ply Gem Windows group.

In this newly created role, Spence is responsible for expanding Ply Gem Windows’ sales and marketing efforts, aligning the two functions under one common structure. He reports to Ply Gem Windows president Art Steinhafel, and is located at the Ply Gem corporate and windows group headquarters in Cary, North Carolina. 

July 14, 2014

Professional Builders Supply has expanded its North Carolina footprint with the addition of Benchmark Supply, a specialty window and door supplier located in Monroe.

Jake Krieg, the founder and owner of Benchmark, and his team will join forces with Professional Builders Supply’s Charlotte operation.

July 3, 2014

Tammy Whitworth, CEO of North Wilkesboro, North Carolina-based Window World, is featured in this month's Forbes Magazine in the "Southeast Women Business Leaders" section. 

With more than 200 locations, Window World is described as America's largest replacement window and home remodeling company.