Content about New York

August 1, 2014

After a slow first quarter, Fortune Brands and Home Security saw a second-quarter 10% year-over-year sales bump. The company also announced that it had acquired Sentry Safe for $117.5 million.

In the second quarter, Fortune Brands reported $1.4 billion in sales, and $136.6 million in operating income before charges and gains — a $20.1 million increase over the second quarter of 2013. The total company’s pre-gains operating income grew by 28%.

July 17, 2014

Taking home the 2014 Golden Hammer Award for Electrical Supplies was Leviton, Melville, New York-based supplier of electrical wiring systems, network solutions and lighting products.

What set this electrical company apart from the others was its ability to recognize needs as they arise in the marketplace and respond to them at a rapid and innovative clip.

July 16, 2014

Newport News, Virginia-based plumbing distributor Ferguson is building a new distribution center in Coxsackie, New York. The company has also leased property for a regional distribution hub in Secaucus, New Jersey.

The two facilities will house almost 1 million sq. ft. of warehouse space and will support Ferguson’s metro New York and Northeast branches, ensuring that customers receive product quickly.

Ferguson is the largest wholesale plumbing distributor in the United States.

July 16, 2014

Newport News, Virginia-based plumbing distributor Ferguson is building a new distribution center in Coxsackie, New York. The company has also leased property for a regional distribution hub in Secaucus, New Jersey.

The two facilities will house almost 1 million sq. ft. of warehouse space and will support Ferguson’s metro New York and Northeast branches, ensuring that customers receive product quickly.

Ferguson is the largest wholesale plumbing distributor in the United States.

July 14, 2014

As of the 2016 lawn & garden season, Briggs & Stratton is trimming down on its production to help cut costs, which will include limiting its Snapper consumer lawn and garden equipment and consolidating its products manufacturing facilities.

The company will also close its McDonough, Georgia location and consolidate production into existing facilities in Wisconsin and New York. 

July 10, 2014

Building on its first pneumatic stapler, Arrow Fasteners has introduced a line of pneumatic tools. In addition to the PT50 stapler, the New Jersey-based company's line of pneumatic tools includes a brad nailer, pin nailer and an angled nailer, all for use in profession and DIY projects.

“Each one of these tools offers a quick and easy solution that empowers people to conquer home projects simply and easily,” arrows marketing and product development director, Frank Foster, said.

July 2, 2014

Continuing its trajectory of recent expansion, PPG Industries announced that its North American architectural coatings business has acquired Pittsburgh-based Masterwork Paint Company.

Masterwork is an independent architectural paint distributor with 13 stores throughout Western Pennsylvania, Ohio and New York.

June 19, 2014

An investor of China Ceramics Co, Ltd. has filed a federal securities fraud class action complaint against the company, citing misleading statements that allegedly violated the Securities Exchange Act of 1934, according to Robbins Arroyo LLP.

The complaint, filed in the U.S. District Court for the Southern District of New York, maintain that China Ceramics misled investors between March 30, 2012 and May 1, 2014.

May 28, 2014

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.

May 20, 2014

A new class action suit against Ply Gem Holdings is charging the exterior building products manufacturer with misrepresenting its financial performance.

Robbins Geller Rudman & Dowd LLP announced the suit on Monday, which is being filed on behalf of an institutional investor in the United States District Court for the Southern District of New York on behalf of purchasers of Ply Gem shares related to its May 22, 2013 IPO.

April 30, 2014

Eco Building Products is continuing its crusade against the damage left in Hurricane Sandy's path -- this time with the introduction of two new Eco Home models demonstrating the codified change needed in the era of defensive building practices.

April 10, 2014

During the 2014 Spring Business Meeting, the National Association of the Remodeling Industry named immediate past president Art Donnelly of Legacy Builders & Remodelers Corp. in Mount Sinai, N.Y., as its chairman of the board.

According to the group, Donnelly will continue to focus on helping NARI provide positive experiences for its members and their customers through professional and educational opportunities.

April 9, 2014

Melville, N.Y.-based Leviton has received three ”Product of the Year” category awards from an electrical industry magazine for the OmniTouch 7 Touchscreen, Zipline LED Platinum and ODC Series Sensors. 

April 4, 2014

Albertson, N.Y.-based Marlin Lumber Sales Corp., which offers mill direct sourcing for hardwood flooring, welcomed industry veterans Kevin Kelly and Dave Nickodemus to the Marlin sales team.

"Both Kevin and Dave are key additions to the Marlin sales team," said Jan Schottenfeld, Marlin Lumber president. "We view these appointments as a sign of our commitment to continued leadership in the industry. I'm confident that Kevin and Dave will play key roles in provideing high quality solutions for our customers." 

March 31, 2014

Arlington, Va. -- Three operators of successful and growing lumberyards put their fingers on the pulse of the LBM industry and offered a prognosis for opportunities and challenges.

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 20, 2014

Concrete projects tend to conjure images of big guys in trucks. But executives at Quikrete are taking steps to make sure DIYers have plenty of project ideas for themselves.

And the work is paying off in places like Pinterest and Facebook, according to Frank Owens, VP marketing for the Atlanta-based concrete industry leader.

During a media tour of New York this week, Owens helped spread the word that there are plenty of projects in and around the house for Quikrete products.

March 19, 2014

Adam Schoelkopf of Bedford True Value Hardware in Bedford, N.Y., recently accepted a True Value Best Hardware Store in Town award on behalf of the store.

A total of 13 stores were recognized by the co-op during its Spring & Rental Reunion held in Atlanta. 

“These are talented business people who work incredibly hard to bring their communities the best service and shopping experiences possible,” said True Value president and CEO John Hartmann. 

March 18, 2014

Port Washington, N.Y.- based distributor PACOA reported a 10% increase in attendance and sales at its Annual Spring Dealer Market in Queens, N.Y.

More than 50 new dealers attended the show, which concluded March 9. Dealers were able to take advantage of great savings through the new “Door Buster” promotions, which provided deep discounts on top-selling items only available for attending dealers, the company said.

March 11, 2014

Kmart and Sears are among a group of companies identified as “the least engaging brands of 2014,” in a recently released index of customer loyalty.

"A brand can't do well in today's marketplace if it can't engage consumers, no matter how many ads are run, and no matter how much social networking one does," said Robert Passikoff, founder and president of Brand Keys, a New York-based brand loyalty and emotional engagement research consultancy.

March 10, 2014

Port Washington N.Y.-based wholesale distributor PACOA will be joining Distribution America. PACOA serves independent hardware, paint and lumber retailers throughout much of New York, New England, Pennsylvania and New Jersey. 

Distribution America’s board of directors voted unanimously on the addition. Recently, Distribution America lost Emery-Waterhouse to Ace Hardware.

March 10, 2014

Port Washington N.Y.-based wholesale distributor PACOA will be joining Distribution America. PACOA serves independent hardware, paint and lumber retailers throughout much of New York, New England, Pennsylvania and New Jersey. 

Distribution America’s board of directors voted unanimously on the addition. Recently, Distribution America lost Emery-Waterhouse to Ace Hardware.

March 6, 2014

Pearl River, N.Y.-based Hunter Douglas, Inc. has welcomed Vic Carlson to its team as its newest SVP marketing.

Carlson, who will report directly to president and COO Ron Kass, is replacing Jim Mathews, who is retiring after 25 years with the company.

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.

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