Content about St. Louis

May 30, 2014

St. Louis-based Huttig Building Products expanded its borrowing capacity.

The domestic distributor of millwork, building materials and wood products announced it entered a deal to amend and extend its $120 million senior secured credit facility.

"We believe the amended facility will enhance our financial flexibility and provide greater liquidity to support our business growth,” said Philip W. Keipp, Huttig’s VP and CFO. 

February 20, 2014

Huttig Building Products reported net sales for the fourth quarter of $134.8 million, up from $125.6 million the year before. The net loss for the quarter was $400,000, an improvement over 2012's fourth-quarter loss of $2.8 million.  

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 4, 2013

The common stock of St. Louis-based Huttig Building Products has been approved for listing on the NASDAQ Capital Market exchange. 

“We are pleased to take this step forward in our commitment to build shareholder value,” said Jon Vrabely, Huttig president and CEO.

Huttig’s shares under the ticker symbol “HBP” will begin trading on NASDAQ on Dec. 9. Previously, Huttig was traded over the counter.

December 1, 2013

St. Louis-based Gardex is now offering a product for the biggest cleanup projects. The company’s Gardex Disaster Clean-Up Rake is designed to attack heavy, wet debris from hurricanes, tornadoes or flooding.

The made-in-USA rake features 22 heavy, round stiff wire tines and double-bolted construction.

For more information, visit GardexUSA.com.

 

November 1, 2013

St. Louis-based Huttig Building Products reported sales growth of 9% in the third quarter ended Sept. 30.

Huttig reported income from continuing operations of $3.2 million in 2013 compared with $3.7 million in 2012, which included a $2.4 million gain on disposal of assets.

October 16, 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 Missouri, Arkansas and Louisiana.

September 23, 2013

Bulbs.com has introduced BulbFinder, a digital tool that helps customers match bulbs to their lighting requirements.

In partnership with St. Louis-based digital agency Infuz, Bulbs.com developed the tool in response to the wealth of new lighting technologies that enhance (and complicate) bulb selection in the 21st century. Users can shop by selecting the shape of their bulb and a handful of other selection criteria, which then narrows their search using a filtering methodology.

September 10, 2013

Bart and Diana Tyler, proprieters of Kelloggs & Lawrence in Katonah, N.Y., and DeWayne Tripp, owner of Hinton (Okla.) Hardware joined an elite crowd in 2013: HCN Hardware Store All-Stars. Their stores made the list, along with 48 other worthy retailers, one from each state.

September 6, 2013

St. Louis-based Huttig  Building Products will distribute AZEK in the Northeast. 

Calling AZEK “one of the best brands in our industry today,” Huttig will distribute the trim, deck and porch (among others) products from its branches in Hooksett, N.H.; Augusta, Maine; Newington, Conn.; and Selkirk, N.Y.

August 1, 2013

St. Louis-based Huttig Building Products reported second quarter sales of $148.9 million, up from $137.8 million in the same quarter last year.

Net income also showed an increase in the three months ended June 30 -- up from $1.6 million last year to $2.6 million. 

Huttig distributes building products through 27 distribution centers serving 41 states. Customers are building material dealers, national buying groups, home centers and others.

July 19, 2013

A National Labor Relations Board (NLRB) ruling that could fundamentally alter the size and scope of collective bargaining units was a hot topic of debate during a June 26, 2013, hearing of the House Subcommittee on Health, Employment, Labor and Pensions.

April 4, 2013

Not far from St. Louis in St. Peter's, Mo., and O'Fallon, Ill., two new Menards stores will open Tuesday.

Two Menards stores are set to open April 9 near St. Louis -- one in St. Peter's, Mo., and the other in O'Fallen, Ill.

“We’re pleased that we were able to build a new Menards store at this location in St. Peters and will do our best to work hard each and every day to provide a great shopping experience for our customers," said Ryan Gawinski, St. Peters, Menards general manager in a press release. 'We want to make a real positive impression on everyone starting Tuesday.” 

March 13, 2013

An article in the St. Louis Post-Dispatch examines the Midwest retail giant’s expansion around St. Louis.

An article in the St. Louis Post-Dispatch examines the Midwest retail giant’s expansion in the St. Louis area.

As previously reported, the Eau Claire, Wis.-based home improvement chain is also building units in St. Peters, Mo., and nearby O’Fallon, Ill. 

February 26, 2013

The St. Louis-based two-step distributor reports its best sales performance since 2008.

St. Louis-based Huttig Building Products reported sales of $520.5 million in the full year ended Dec. 31, up 8.7% from $478.7 million in 2011. 

It was the company’s best year of sales since 2008, when the two-step distributor had sales of $671.0 million. 

The company also narrowed its net loss from continuing operations to $100,000, compared with a net loss of $12.7 million in 2011. 

January 4, 2013

The U.S. Patent and Trademark Office granted the trade mark "SummerWinds" to SummerWinds Garden Centers.

SummerWinds Garden Centers is a Boise, Idaho-based high-end retailer of garden and nursery products. SummerWinds operates retail nurseries in the Silicon Valley of California; Phoenix; and St. Louis. The retailer says it appeals to both the serious and casual gardener with a broad selection of premium gardening products and knowledgeable staff. 

 

December 13, 2012

Home improvement retailer Menards has decided not to open a store in O'Fallon, Mo., because of President Barack Obama's economic policies, according to a company spokesman interviewed on KMOV, a Missouri television station. 

Menards, based in Eau Claire, Wis., had planned to open several stores in the St. Louis market over the next six months.

November 13, 2012

Energizer Holdings has announced a multi-year restructuring plan designed to save the company approximately $200 million, improve profitability and drive long-term growth. The St. Louis, Mo.-based manufacturer expects that a substantial portion of the actions necessary to achieve the targeted savings should be completed by the end of fiscal 2014 and the total savings are expected to be fully realized in fiscal 2015.

August 29, 2012

Beacon added two new companies to its roster in July: Structural Materials Co. in Southern California and Contractors Roofing & Supply Co. in St. Louis.

The appetite for acquisition remains unsated.

“We are confident that we will add other quality companies in the near future that fit our target acquisition profile,” said CEO Paul Isabella during Beacon’s third-quarter earnings call.

August 6, 2012

Beacon Roofing Supply announced Friday that it has acquired Contractors Roofing & Supply Co., a distributor of residential roofing products and related accessories with one location in the St. Louis suburb of O'Fallon, Mo., and annual sales of approximately $14 million.

July 31, 2012

A blaze that destroyed a 197-unit apartment building in St. Louis, Mo., displacing 250 residents, has called into question the materials used in the construction of the four-story building. An article on the fire in the St. Louis Post-Dispatch reported that the structure was built to code, had working sprinklers, and so-called "draft stops" to slow the spread of fire.

July 27, 2012

Huttig Building Products, the St. Louis-based distributor, reported net sales of $137.6 million for its second fiscal quarter, a 5.3% rise over sales of $130.6 million in the same quarter of 2011. Net income for the second quarter, which ended June 30, was $1.6 million, compared with a net loss of $1.9 million a year ago.

There were no significant one-time charges or additions during the quarter, Huttig’s CFO, Phillip Keipp, told Home Channel News. Sales were strongest in the millwork category, he said.

June 29, 2012

Westlake Hardware will close an underperforming store in St. Charles, Mo., on July 1, according to an article in St. Louis Today.

In a statement, the company said that "financial performance has not been at the level necessary to enter into a new long-term lease agreement."

The store opened in 2007.

May 25, 2012

Menards may become the first anchor tenant in a vacant St. Louis mall, one of local several sites the Midwest retailer is eyeing for expansion, according to an article in the St. Louis Post-Dispatch.

The developer of the Northwest Plaza shopping center told the County Tax Increment Financing Commission on May 23 that Menards is interested in purchasing 17 acres of the site to build a 160,000 sq. ft. store.

April 27, 2012

On the legality of healthcare reform

“Small businesses need healthcare reform to lower costs. If Obamacare is thrown out, something needs to replace it. Romney needs to address what he would replace it with.

“Responsible small businesses offer health care to their employees. The current system keeps increasing costs at double digits each year. That cannot last.”
— Dick Wegner
Portland, Ore.