Content about North Carolina

April 8, 2014

The following letter from Christopher Yenrick, president of Smith Phillips Building Supply in Winston-Salem, N.C., appears as an introduction to the National Lumber and Building Material Dealers Association’s 2014 National Policy Agenda.

April 3, 2014

Just days after buying an interest in a Texas sawmill operator, Universal Forest Products has made another acquisition, this one in North Carolina.

UFPI announced that one of its subsidiaries has purchased assets of High Level Components, a building component manufacturer based in Locust, N.C. The deal closed March 31.

March 24, 2014

Like most Americans, the editorial staff of HCN has been watching a lot of basketball lately. It’s all part of the national tradition known as March Madness, the 64-team single-elimination tournament designed to break your heart and bust your bracket.

March 21, 2014

New London, N.C.-based Fiberon, a manufacturer of wood-alternative decking, railing and fencing products, hired Dustin Ferriso as territory manager.

Ferriso will serve Fiberon’s distributor and dealer customers on the 118-mile-long territory of Long Island, N.Y., including the five boroughs of New York City. He will work out of an office based in Lindenhurst, N.Y.

March 18, 2014

Charlotte, N.C.-based National Gypsum named Rod Lopez as the new market development representative for the PermaBase brand cement board product line in the company’s Midwest and Central areas. 

March 18, 2014

A subsidiary of Grand Rapids, Mich.-based Universal Forest Products acquired Container Systems, a manufacturer of crates and containers for industrial applications and the moving-and-storage industry, located in Franklinton, N.C. 

CSI produces a full line of moving and storage crates, specialized crates for niche markets and integrated packaging solutions, and is a wholesale cut-to-size panel and lumber supplier to the area’s industrial customers. Sales in 2013 were about $3 million. 

March 17, 2014

Bob Gordon has joined Professional Builders Supply as Charlotte market president, the company announced.

Gordon has more than 30 years of experience in building material sales and distribution.

Professional Builders Supply operates in three North Carolina locations: Morrisville, Wilmington and Charlotte. 

March 13, 2014

Charlotte, N.C.-based Electrolux promoted John Weinstock to senior VP North American marketing. 

Weinstock, who joined the company in 2011 as VP North American marketing, oversees brand management, consumer insight-led innovation, and integrated trade and consumer marketing campaigns.

February 28, 2014

Sales to pros are growing faster than sales to consumers at Lowe’s, which recently reported a fourth quarter sales gain of 5.6%.

According to Chief Customer Officer Greg Bridgeford, the Mooresville, N.C.-based retail giant sees an opportunity to capitalize on the pro market.

February 26, 2014

Mooresville, N.C.-based Lowe’s reported fourth quarter sales of $11.7 billion, up 5.6% from the same quarter last year, as comps increased 3.9%.

The company posted fourth-quarter net earnings of $306 million, up 6.3%.

February 26, 2014

Citing a housing market recovery, Raleigh, N.C.-based Stock Building Supply saw net sales increase 21% in the fourth quarter to $305.2 million. 

Stock CEO Jeff Rea added that the future looks bright. “As we look ahead to 2014, we are encouraged by macro-economic trends that generally support growth in residential new construction and remodeling activity.”

The company reported fourth-quarter income of $2.96 million, compared to a loss of $4.88 million in the same quarter last year. 

February 14, 2014

Monroe, N.C.-based distributor Monroe Hardware reported record attendance at its spring dealer market.

Specific attendance numbers were not disclosed, but the company said its two annual shows attract a majority of the company’s 2,500 customers and its top 300 manufacturers.

February 11, 2014

Christopher Durham has been named VP retail brands at Theory House, a Charlotte, N.C.-based marketing agency that has worked with major home improvement brands, such as Lowe's, WW Grainger, Husqvarna and Gunk.

January 22, 2014

Durham, N.C.-based Cree, maker of LED technology and products, including a $10 LED bulb found at Home Depot, reported a 20% increase in second-quarter sales.

The company's revenues of $415.1 million were up from $346.3 million in the year-ago quarter. Net income for the second quarter, ended Dec. 29, was $35.7 million, up 75% from last year's second quarter.

January 16, 2014

The National Lumber & Building Material Dealers Association released its national legislative and regulatory policy agenda for 2014. 

The 2014 National Policy Agenda brings focus to the common interests of the industry and includes policy goals to revitalize our nation's housing and building industry.

December 16, 2013

Building products distributor Cedar Creek hired John Edwards as engineered wood manager in Statesville, N.C.

Edwards is a graduate of Virginia Tech with a degree in Civil Engineering and has spent 27 years in the EWP industry, most recently with International Beam. The company says he "will use his extensive experience to help lead Cedar Creek’s market share growth across Statesville’s multi-state coverage area."

December 16, 2013

Masco's Pender & Pettus Insulating has opened a new location in Statesville, N.C., marking the third location for the company in the state.

December 13, 2013

If your worksite is packed with employees earning more than $100,000 a year, here’s the good news: Your company is more likely than others to host a holiday party, serve alcohol at an open bar and offer transportation to those who overindulge. 

Here’s the bad news: Your organization is least likely to enforce rules about party behavior, and your workers are most inclined to act inappropriately during the festivities and then be disciplined for it later on. 

December 9, 2013

Professional Builders Supply was ranked fifth in the Triangle Business Journal’s 2013 “Fast 50” list of fastest-growing companies in the Raleigh-Durham area.  

Professional Builders Supply was ranked No. 19 in 2012. This is the sixth time the company has been included in the list. 

Professional Builders Supply operates in the North Carolina cities of Morrisville, Wilmington and Charlotte, plus a satellite office in Wake Forest.

November 21, 2013

Lowe’s CEO Robert Niblock said the Mooresville, N.C.-based retail giant saw strength in all parts of the country in the third quarter. 

As the company reported 6.2% comparable store sales gains, it also saw comps grow in 11 of 12 product categories. 

The only category to slip was outdoor power equipment. Niblock explained the catgory “was achieving solid positive comps into the last week of the quarter when faced with a substantial headwind from the sales of generators, the result of Superstorm Sandy.”

November 20, 2013

Mooresville, N.C.-based Lowe's reported a solid third quarter, with sizable gains in earnings and sales.

The company's net earnings increased 26.0% to $499 million. Sales for the quarter jumped 7.3% to $13.0 billion, up from $12.1 billion in the year ago quarter. Comparable sales for the quarter increased 6.2%. 

November 20, 2013

Greensboro, N.C.-based Snavely Forest Products hired Jon Forsyth as the Engineered Wood Products (EWP) manager.

Forsyth brings more than 20 years of experience in engineered wood, specifically in the areas of design, optimization and value engineering.

November 18, 2013

At the Distribution America and PRO Group Executive Planning Conference in Marco Island, Fla., hardware distributors and 10-year vendor participants of the event pose for a photographer shooting from a sixth-story balcony.

 

November 18, 2013

HCN congratulates the 50 hardware store, home center and farm and ranch retailers who made the annual HCN Hardware Store All-Star list.

Now in its third year, HCN's annual list of high performers recognizes hardware stores -- one from each state -- that are outstanding in their field. The complete list and analysis can be found in the September issue of HCN. Meanwhile, HCN Daily will work its way across the country with mini profiles, continuing this week with North Carolina, South Carolina and Georgia.

November 13, 2013

Great Southern Wood Preserving has agreed to distribute the full line of CPG Building Products' AZEK exterior products in 13 states throughout the Southeast, Western North Carolina and Central Plains, adding to the company's existing supply of TimberTech composite decking, railing and accessories.