December 22, 2011

The Valspar Corp. has announced the opening of a new research and development center in Shunde, China. The Valspar Applied Science and Technology Center will employ more than 200 scientists to support the continued growth of Valspar in Asia Pacific and Valspar’s research and development on a global basis.

December 2, 2011

China as a retail frontier (The following is a response to an article about Kingfisher’s efforts in China.)

“It took far too long for Kingfisher and HD to recognize that [China] is different and requires core rethinking. While the goal of improving living conditions is similar to western economies, the fact is that China jumped over many of the steps that led to big-box DIY in the West.

November 22, 2011

Log and lumber exports from Washington, Oregon, northern California, and Alaska in the first three quarters of 2011 already surpass the total exports of 2010 according to the U.S. Forest Service's Pacific Northwest (PNW) Research Station.

November 11, 2011

Building permits in Canada decreased 4.9% in September 2011 compared with August, marking the third consecutive monthly decline, according to Statistics Canada, the government’s national database. Permit activity fell in six provinces, led by British Columbia and Alberta.

The decline nationally was mainly attributable to both the residential and non-residential sectors in British Columbia and the non-residential sector in Alberta. Building permits increased in Ontario, Manitoba, Saskatchewan and Nova Scotia.

October 10, 2011

Linton Tibbetts, a Florida lumberman who founded Cox Lumber, passed away on Oct. 6, according to his obituary. He was 88 years old.

Tibbetts, who split his time between St. Petersburg, Fla., and the Cayman Islands, opened LBM outlets in both locations. His U.S. operation, founded in 1949,  grew to 30 locations, making it one of the largest regional chains in the United States. In 2006, when Tibbetts sold Cox Lumber to Home Depot, the company’s annual revenues were $396 million.

September 22, 2011

Atlanta-based Home Depot opened its first store on the Caribbean island of St. Croix.

With a population of more than 50,000, St. Croix is one of the islands of the U.S. Virgin Islands, where a Home Depot has been open for several years on the island of St. Thomas. The company operates six stores on nearby Puerto Rico. 

The store has been described as the only new Home Depot store to open anywhere in the United States or its territories during the past 12 months.

Home Depot operates a total of 2,246 stores. 


August 31, 2011

On the eve of the company’s second-quarter earnings announcement, Lowe’s closed seven underperforming stores. 

Shuttered are locations in Meriden, Conn.; Riverdale, Ga.; Elgin and Schaumburg, Ill.; Kenai, Alaska.; Cambridge, Minn.; and Ticonderoga N.Y.

Obviously, the move upset the affected communities. For instance, Alaska Senator Lisa Murkowski complained of the lack of notice. But CEO Robert Niblock is paid to make tough decisions, which is how he described the seven closings.

August 22, 2011

Do it Best Corp. announced the soft opening of the first four Pongs Do it Best Home Centers in Jakarta, Indonesia, earlier this month.

With the openings in Indonesia, the Fort Wayne, Ind.-based co-op expanded its customer base to 50 countries.

August 19, 2011

Lowe’s announcement on Aug. 15 that it was closing seven stores around the country has brought some swift reactions from politicians, community leaders and local media outlets.

June 27, 2011

The first-of-its-kind Home Channel News list of 50 hardware store all-stars appeared in the May issue of Home Channel News and recognized a diverse group of high-performance retailers -- large, small, urban and rural. Below, the state-by-state guide winds through Tennessee, Texas and Utah.

June 15, 2011

The Home Channel News coast-to-coast countdown of high-quality retailers continues in North Carolina, North Dakota and Ohio:

June 14, 2011

Beijing New Building Material (Group) Co. (BNBM), China's largest new home and building materials manufacturer, is planning to open 10 new production facilities overseas by the year 2015, according to an article in China Daily. 

June 7, 2011

Lumberyard executives from California and Nevada will learn about global demand for wood supply and its impact on markets in the United States during the Second Growth Summer Conference July 21 to 22 hosted by the Lumber Association of California & Nevada (LACN).

The Second Growth series is designed for lumber executives aged 40 and under -- although the 40-and-over crowd is also welcome at the events.

May 24, 2011

Fort Wayne, Ind.-based Do it Best Corp. signed a deal that will bring the Do it Best brand to Indonesia for the first time. The deal also landed Do it Best a partnership with Paulus Ong, who helped grow Ace Indonesia from three stores in 1999 to 45 stores in 2011.

Grand openings are planned for Aug. 3 for the first four Pongs Do it Best Hardware stores in Jakarta.

May 13, 2011

Royal Group, a manufacturer of decking, trim, pipe and other building materials, has announced the grand opening of a new distribution center in Terrebonne, Quebec. The new DC, called Produits de Bâtiment Résidentiel, will cater to the residential market, providing building products for new construction and remodeling projects.

May 1, 2011

From New York's Island to the Redwood Forests, the great American hardware store maintains a revered place in commercial history of these United States. 

The May issue of Home Channel News compiled the first-ever Hardware Store All Star list. Here are three of the 50: standout stores from Alabama, Alaska and Arizona. 

• Alabama

March 13, 2011

Global construction supplier and retailer Saint-Gobain has closed its La Maison building material stores in China, according to a report in Agence France Presse. 

La Maison's 86,000-sq.-ft. flagship store and six design showrooms in Shanghai stopped operating during the week of March 10, a company spokesman told AFP. He blamed recent measures by the Chinese government to cool the housing boom and the change in construction practices, which are building more “finished” properties outfitted with electrical, plumbing and other “pre-decorations.”

January 21, 2011

Lowe’s is offering to ship products to residents of Guam – a U.S. territory where it doesn’t have a store – through its international service, according to an article in the Pacific Daily News.

January 12, 2011

The number of contracting companies earning Building Performance Institute (BPI) Accredited Contractor status has doubled for the second year in a row, according to the Malta, N.Y.-based BPI.

By the end of 2010, BPI had issued 20,236 certifications nationwide, 10,637 of which were earned in the past year.

December 20, 2010

Home Depot has opened two new stores in Puebla, Mexico, at the combined cost of $14.5 million, according to a report in El Diario de Monterrey.

October 3, 2010

A third-generation Florida lumberman is running for state office in St. Petersburg, Fla., according to...

September 19, 2010

A third-generation Florida lumberman is running for state office in St. Petersburg, Fla., according to...

September 7, 2008

Monterrey, Mexico-based Cemex, a producer of cement building products, has threatened arbitration in an on...

August 27, 2008

A survey of U.S. and Canadian manufacturers shows a 20 percent rise in overseas sales...