Content about North Carolina

October 31, 2014

J.D. Saunders of Economy Lumber officially stepped into his new role as chair of the National Lumber and Building Material Dealers Association, accompanied by a strong supporting cast of pro dealers that forms the association’s volunteer leadership.

October 28, 2014

A slower-than-anticipated housing market hasn’t stopped Raleigh, North Carolina-based Stock Building Supply from growing sales and earnings in the third quarter.

The pro dealer reported net sales of $354.1 million, up 7.8% from the same quarter last year. Net income swung to a profit of $5.0 million, compared to a net loss of $5.5 million in the prior-year period.

October 24, 2014

You don't have to be a fourth-generation hardware store operator to earn a spot in the HCN All-Star list. But it certainly doesn't hurt.

HCN's fourth annual list of Hardware Store All-Stars recognizes hardware stores for outstanding service, as well as growth, innovation and the values of the hardware industry.

HCN Daily will profile the honorees, moving across the map of the United States from East to West -- continuing this week with Tennessee, North Carolina and South Carolina.

October 17, 2014

Mooresville, North Carolina-based Amerock Hardware, a manufacturer of cabinet hardware, has a new president and CEO in Michael Marchi.

“I’m excited for this new position," said Marchi. "Amerock has a great brand, with a proud legacy. That’s one of the reasons I came here. The attraction for me was Amerock’s history and its even brighter future. The strength of brand, market position and product portfolio all backed by a solid reputation; that makes for tremendous opportunity.”

October 1, 2014

Monroe, North Carolina-based Monroe Hardware’s Fall Dealer Market showed strong sales and attendance gains, according to event organizers.

Held at the Myrtle Beach Convention Center Sept. 20-21, the event spotlight fell on exhibit areas ranging from Made in the USA products to impulse-counter displays. 

Both customer attendance and sales were up over 40%, according to event organizers. Vendor and booth counts were up more than 15%

September 22, 2014

Canton, North Carolina-based BarkClad, maker of bark siding, announced a deal with Moss Creek, a custom designer of rustic American-style homes, to be the “strategic provider of bark building materials.” 

BarkClad will offer its signature Natural Poplar Bark and new SmartBark engineered bark siding for use in MossCreek home design projects. The companies had partnered in the past on projects, and the new deal cements the relationship, the companies said. 

September 12, 2014

Mebane, N.C.-based Walter Kidde Portable Equipment Inc. is recalling its Kidde-branded smoke and combination smoke/carbon monoxide alarms, citing a tendency for the alarms to malfunction in the wake of a power outage.

Affected units include Kidde residential smoke alarm model i12010S (manufactured between Dec. 18, 2013 and May 13, 2014); combination smoke/CO alarm il2010SCO (manufactured between Dec. 30, 2013 and May 13, 2014); and combination smoke/CO alarm model KN-COSM-IBA (manufactured between Oct. 22, 2013 and May 13, 2014).

September 10, 2014

Denver-based PRO Group recognized Cherokee PRO Home Center in Cherokee, North Carolina, as the 2014 Paul L. Cosgrave Memorial Award Winner.

Candler Cooper, a local businessman, and Danny Wingate of Haywood PRO Builders Supply teamed up about three years ago to fill a need in the local community by founding Cherokee PRO Home Center, according to PRO Group. 

The store serves the Cherokee community, including the Eastern Band of the Cherokee Nation.

September 9, 2014

North Wilkesboro, North Carolina-based Window World, which operates a network of 200-plus franchised window replacement outlets, has sold its 10 millionth window.

Dana Deem, president of Window World said of the achievement, "Hitting the 10 million window mark is an incredible accomplishment. We're proud of the products, value and quality that Window World provides, and we are beyond excited about reaching this landmark because it indicates our customers agree."

September 2, 2014

Gaven Gregory, executive director of the Home Depot Foundation, announced last week that the organization's next focus would be on the American Legion -- in the form of a $1 million dedication, to be exact.

September 2, 2014

A Marin County California judge ordered Mooresville, North Carolina-based Lowe’s to pay a $1.6 million settlement over a lawsuit alleging the inaccurate description of structural dimensional building products.

One upshot of the settlement is the intention of Lowe’s to include the actual product dimensions of 2x4 lumber (1.5 inches by 3.5 inches) along with the description of the product as a “2x4.”

August 22, 2014

Lowe’s generated positive comp-store sales in all of its product categories in the second quarter. And even as it faced a strong comparison to the prior-year’s quarter, lawn and garden led the way.

Those were among the insights provided by Lowe’s executives during their second-quarter earnings report, in which the Mooresville, North Carolina-based company reported sales and earnings growth.

August 22, 2014

North Wilkesboro, North Carolina-based Window World is promoting its status as a seven-time recipient of the Good Housekeeping Seal.

Any product that has earned the Seal is backed by Good Housekeeping's limited warranty, meaning if it is found to be defective within the first two years after purchase, Good Housekeeping will replace or repair the product or refund its purchase price. 

Earlier this summer, Window World received the ranking of "Highest in Customer Satisfaction with Windows and Doors" from J.D. Power for the second consecutive year. 

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. 

July 1, 2014

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June 25, 2014

Mooresville, North Carolina-based Lowe’s CFO Bob Hull added color to the company’s effort to maximize its multichannel efficiencies and move away from a build-stores-and-they-will-come approach to growth.   

[Read about Lowe's first quarter earnings here.]

June 23, 2014

Raleigh, North Carolina-based Stock Building Supply has opened up a new lumber and building materials distribution facility in Troutman, which will serve the nearby Charlotte metro area.

June 13, 2014

Further cementing what is now a long-standing tradition with roots dating back to 1922, The Toro Company has renewed its commitment to Pinehurst Resort of Pinehurst, North Carolina, for an additional 10 years.

The decade-long agreement prolongs Toro's role as the preferred supplier of golf course maintenance equipment and irrigation solutions to Pinehurst.

June 9, 2014

Jacksonville, Florida-based Coastal Shower Doors the largest producer of American-made shower doors, has released its newest shower door collection—the Gridscape series.