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April 9, 2014

Trex has added a new color to its Trex Transcend decking collection: a light gray called Island Mist. This, silvery shade features realistic streaking that mimics the natural look and feel of aged tropical hardwood, and is designed to be a cooler complement to the three existing tropical-inspired shades and the five earth-tone Trex Transcend colors.

March 27, 2014

The Home Channel Hall of Fame will induct a new member in early May, as Orgill chairman, president and CEO Ron Beal joins the prestigious circle of industry leaders.

Beal will be inducted as part of the 2014 Golden Hammer Awards Ceremony slated for May 6 in Las Vegas during the National Hardware Show

The event’s sponsors are HCN and the National Hardware Show.

March 7, 2014

Orlando, Fla. -- During its Spring Dealer Market hear, Orgill expanded its show floor to more than 750,000 sq. ft., including multiple model stores and a showcase area that introduced a new vivid Solutions paint area and a “Backyard Oasis” featuring outdoor living ideas.

Organizers said thousands of retailers from the United States, Canada and all over the world took part in the market, which drew to a close March 1.

February 26, 2014

Winchester, Va.-based Trex Company reported fourth-quarter sales of $63.8 million, an increase of 38% over the same quarter last year.

“We brought 2013 to a very strong finish,” said chairman, president and CEO Ronald W. Kaplan. “Expanded distribution and dealer demand across the country contributed significantly to sales and are helping us advance a key initiative -- increasing market share.”

February 21, 2014

Trex Company has appointed Gerald Volas to its board of directors, effective March 1, 2014.

“Jerry’s extensive experience in all aspects of the home improvement sector and his in-depth understanding of leadership brands make him an excellent addition to our board," said Trex chairman, president and CEO Ronald Kaplan. "We look forward to his contributions as we work to further expand Trex’s industry-leading distribution presence, our best-in-class product platform and our branding presence.”

February 10, 2014

Andersen Corporation has a new chief human resources officer and SVP in Karen Richard, who is succeeding Mary Carter when she retires on Feb. 14.

February 4, 2014

PulteGroup has launched Built to Honor to provide new homes to 20 wounded veterans and their families in 2014. 

February 4, 2014

Trex Co. has unveiled Trex Outdoor Lighting, a complete system of energy-efficient components designed to complement Trex's high-performance outdoor products.

Joining the brand's Trex Deck Lighting is a full selection of easy-to-install Trex Landscape Lighting options. These compatible fixtures make up the Trex Outdoor Lighting collection.

January 27, 2014

Jacksonville, Fla.-based forest products company Rayonier is going through a bit of a breakup. The company announced Monday that it is spinning off its fibers business from its forest resources and real estate business, forming two separate publicly traded companies.

“With an improving U.S. housing market, strong timber export markets, and the successful expansion of our cellulose specialties capacity, we concluded that now is the optimal time to pursue the separation of these two non-integrated businesses,” said chairman, president and CEO Paul Boynton.

December 23, 2013

AGCO has announced the retirement of two of its SVPs, Randy Hoffman and David Caplan, effective Dec. 31.

"As highly respected business professionals in the industry, we extend our well wishes, appreciation and gratitude to Randy and David for their many years of inspirational leadership and personal dedication to AGCO," said Martin Richenhagen, chairman, president and CEO of AGCO. “Both men have left a lasting impact on the agricultural industry as well as supporting AGCO as a global leader in the market.”

November 15, 2013

Lowe's has named former Wellpoint CEO Angela Braly to its board of directors, the company announced Friday.

“As former chair and CEO of a publicly traded company, Angela has strong executive leadership and strategic management skills that will be an asset to this board,” said Robert A. Niblock, Lowe’s chairman, president and CEO. “She also brings a wealth of experience and insights in critical areas such as consumer marketing, communications and public relations.”

October 4, 2013

Winchester, Va.-based Trex Company, the world’s largest manufacturer of wood-alternative decking and railing, is expanding its presence in the Mid-Atlantic region with the addition of Pittsburgh-based Babcock Lumber Company to its distribution network.

Babcock will supply dealers across western and central Pennsylvania, western New York and West Virginia with Trex products.

“Babcock is well-known and respected throughout the industry for its commitment to its customers,” said Ronald W. Kaplan, chairman, president and CEO of Trex. 

September 30, 2013

Andersen Corporation has signed a definitive agreement to acquire Weiland Sliding Doors and Windows, Inc. in a unanimously approved decision by all directors on both boards.

Weiland's specialty doors posit a strategic interest for Andersen, which is in the process of widening its specialty, outdoor and architectural offerings.

September 13, 2013

Andersen Corporation has promoted Dave Beeken to president of the Silver Line Division, replacing Paul Valle.

“Our vinyl business is an important element of our overall strategy to lead the window and door industry with a wide ranging portfolio of different and better products and services,” said Andersen Corporation chairman, president and CEO Jay Lund. “Dave brings to this business a long track record of success during his thirty-five year career in the window and door industry.”

August 6, 2013

Trex Company's second-quarter results showed strong growth in sales and earnings, up 4.5% in sale and up 57% increase in earnings per share. 

April 19, 2013

The retailer’s Corporate Social Responsibility Report Card covers education, environment and more.

Lowe's has just released its Corporate Social Responsibility Report Card, which covers education, environment and more. 

“To achieve greater progress for our communities and our company, we continue to build on our commitment to never stop improving,” said Robert Niblock, Lowe’s chairman, president and CEO. “We’re focused on carrying out those responsibilities every day with the help of our 245,000 employees across North America.” 

January 9, 2013

Andrea Freeman, the former VP marketing and brand management at Newell Rubbermaid, has joined Aaron’s, the rent-to-own retailer, as VP marketing. Freeman will report directly to Aaron’s chairman, president and CEO Ronald Allen and be responsible for marketing strategy and implementation, marketing communications, research and planning, business development, and coordination with sales and other business partners on strategic initiatives.

November 19, 2012

Mooresville, N.C.-based Lowe's reported third-quarter net income of $396 million, up 76% from earnings of $225 million a year ago. Revenues increased 2% to $12.07 billion, ahead of consensus estimates of $11.93 billion.

November 14, 2012

Johns Manville (JM), a Berkshire Hathaway company and global building products manufacturer, has announced that Todd Raba, Johns Manville chairman, president and CEO, will relinquish his position with the company, effective immediately. Mary Rhinehart will become the new president and CEO of Johns Manville.

October 3, 2012

3M has announced a realignment of its major business groups to better serve global markets and customers, effective immediately.

The new structure will be comprised of five business groups: Consumer (2011 sales of $4.2 billion), Industrial ($9.6 billion), Health Care ($5.0 billion) and two newly formed business groups: Safety & Graphics ($5.5 billion), and Electronics & Energy ($5.7 billion). Previously, the company operated six segments. 

August 20, 2012

Mooresville, N.C.-based Lowe’s posted declines in net sales, comp-store sales and earnings in the second quarter ended Aug. 3.

“Our results fell short of our overall expectations,” said Robert Niblock, Lowe’s chairman, president and CEO. “However, I have confidence in our strategy and in our employees, and while we recognize the significant magnitude of change that we’ve asked the organization to absorb as we transform our business, we fully understand that we must improve our level of execution.”

May 21, 2012

Lowe’s reported net earnings of $527 million for the quarter ended May 4, a 14.3% increase over the same period a year ago. 

Sales for the quarter increased 7.9% to $13.2 billion from $12.2 billion in the first quarter of 2011.

Comparable-store sales for the quarter increased 2.6%, while comparable-store sales for the U.S. business increased 2.7%.

April 25, 2012

Trex Company has entered into a licensing agreement with Freud America to introduce the first saw blade specifically designed for cutting composite decking materials.  Diablo, Freud’s premier brand of construction tools, will be introducing the new blade series for maximum performance and highest quality of finish when cutting composite decking materials.

February 27, 2012

Lowe’s reported net earnings of $322 million for the quarter ended Feb. 3, a 13.0% increase over the same period a year ago. 

Sales for the fourth quarter increased 11.0% to $11.6 billion, up from $10.5 billion in the same period a year ago. 

October 17, 2011

Mooresville, N.C.-based Lowe's said today it is closing 20 underperforming stores in 15 states and slowing down its rate of new-store development. Ten locations have already shuttered, while the remaining 10 will be closed in about a month, after closing sales.