Content about forward

July 25, 2014

Walmart named Greg Foran president and CEO of its U.S. stores division to replace Bill Simon, who is leaving the company after an eight-year run.

July 21, 2014

PPG Industries is moving forward with its plans to sell the assets of its Mt. Zion, Illinois glass manufacturing facility to its partner of 13 years, glass manufacturer Fuyao Glass America Inc.

In Fuayo's hands, the facility (which currently manufactures glass for residential and commercial projects) will be retrofitted to produce automotive glass.

July 1, 2014

Dallas, Texas-based Builders FirstSource completed its acquisition of Houston-based Slone Lumber Company.

June 24, 2014

Continuing this week's trend of optimism in market fundamentals, consumer confidence pushed to a new post-recession high of 85.2 in June, up from a downwardly revised figure of 82.2 in May.

June 16, 2014

Sears Canada announced a deal to develop a 12-acre Sears site in Calgary, Alberta, at the North Hill Shopping Centre.

May 19, 2014

Newell Rubbermaid opened a 40,000-sq.-ft. Design Center in Kalamazoo, Michigan, a move it says will boost its numerous brands.

May 9, 2014

After months of regulatory delays, Ainsworth has announced that the planned acquisition of the company by Louisiana-Pacific (LP) has been blocked over antitrust concerns by U.S. and Canadian regulators, pending the sale of additional assets.

In order for the transaction to forward, the companies may need to divest one or more of their existing operations.

April 28, 2014

Masco Corporation delivered a robust first quarter earnings report, with sales and income both demonstrating strong forward momentum.

Net sales for the three months ended March 31 were $1.97 billion, up from $1.88 billion in the first quarter of 2013.

The company attributed its top-line growth mainly to Plumbing Products, Installation and Other Services, as well as Other Specialty Products. International sales were also up in Europe.

Meanwhile, net income came in at $74 million, compared to $53 million in the same year-ago period.

April 25, 2014

US LBM’s flurry of expansion announcements continued yesterday, with the addition of Coastal Roofing Supply to the US LBM family of companies.

Founded in 2009 by Tony Mila, Coastal Roofing Supply provides commercial and residential roofing materials to central Florida through its Clearwater and Rockledge locations. 

April 23, 2014

The market carried the positive momentum forward on Tuesday, with Stock Building Supply (STCK) taking home the biggest gains at 5.02%.

April 9, 2014

Wednesday continued the forward momentum for stocks, with several of HCN's Top 30 getting a boost of 2% or more.

March 31, 2014

Stocks were riding a positive wave at Friday's close, with CENT, EXP, SWK, TREX and USG getting especially good forward momentum.

March 24, 2014

CatchMark Timber Trust, Inc. is moving forward with its purchase of 36,340 acres of timberland from Hancock Timber Resource Group, located in the Waycross-Panola properties of Southeast Georgia and East Texas.

CatchMark is also acquiring approximately 1.45 million tons of merchantable timber inventory and increasing the share of higher value chip-n-saw and sawtimber in its product mix. The inventory comprises 84% pine plantations by acreage and 54% sawtimber by tons.

March 5, 2014

The opening of Home Depot’s first direct fulfillment center marks a major step forward for the company’s omnichannel efforts.

March 3, 2014

PRO Group has announced the addition of Monsey, N.Y.-based BTL Distributors, a wholesale distributor serving hardware and paint supply stores in New York and New Jersey, to its membership.

"We are pleased to join the PRO Group organization and look forward to networking with member distributors and suppliers at several PRO events in 2014," said BTL partner Sol Grossman.

February 28, 2014

The Home Depot has named Craig Menear president, U.S. retail, and Mark Holifield EVP supply chain and product development.

"Craig is a world-class retailer and has done a terrific job in recent years leading some of the most important and successful initiatives in our company," said Frank Blake, chairman and CEO. "And Mark has successfully led one of the most extensive supply chain transformations in retail history. Both are very deserving of their new leadership roles, and I look forward to their continuing contributions to our business."

January 23, 2014

Jerry Burris has resigned from his role as CEO and director of Cuyahoga Falls, Ohio-based Associated Materials to pursue other interests.

"I have enjoyed my time at AMI and am proud that our team's accomplishments have positioned the company for a strong future," said Mr. Burris. "As a shareholder of AMI, I look forward to following its continued success over the coming years."

The company's board of directors is currently in the process of seeking a replacement. In the meantime, current director and former CEO Dana Snyder will serve as interim CEO.

January 14, 2014

Masonite International Corporation has appointed Jody L. Bilney to its board of directors, effective immediately. She will also join the board's Corporate Governance and Nominating Committee, replacing Peter Dachowski, who will continue serving on the Human Resources and Compensation Committee.

January 14, 2014

Whirlpool Corporation made a step forward on Monday in its appeal of a case against what it claims is predatory pricing.

The U.S. Court of International Trade took Whirlool's side in its appeal of the U.S. International Trade Commission's previous decision, which ruled that refrigerators from LG and Samsung -- reportedly dumped at margins of up to 15% -- were causing material injury to U.S. manufacturing.

January 10, 2014

IKEA has appointed Selwyn Crittendon as the manager of its upcoming Miami-Dade store, opening this summer in Sweetwater, Fla.

January 8, 2014

In comparing current sales levels with year-ago levels, 67% of respondents to the recent American Hardware Manufacturers Association survey said sales were higher in December versus year-ago levels. That’s down from 75% in November. 

Also for December, 28% reported sales were even, and 6% said sales were below year-ago levels. 

January 2, 2014

Atchison, Kan.-based hardware distributor Blish-Mize Co. announced that Jonathan D. Mize has been appointed CEO, succeeding his father, John H. Mize. 

For the past few years, the younger Mize has served as president and COO and previously served in other officer capacities. He will be the fifth generation of the Mize family to hold the title of CEO. He also serves as president & COO of Hardware House, a subsidiary of Blish-Mize Co.

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 11, 2013

Alan Cole, president of Hooker Furniture Corporation, has announced his plans to retire at the end of the company's fiscal year on Feb. 2, 2014.

December 9, 2013

The newest member of the Window and Door Manufacturers Association (WDMA) is Sunrise Windows. 

"We look forward to a mutually beneficial relationship with the WDMA, and with our fellow members," said Joe Guarino, president at Sunrise Windows. "We believe in this industry and look forward to contributing to its evolution for the benefit of our customers."