September 11, 2015

A closer look at Ace "Coolest Hardware Store" award winners.

August 3, 2015

President and CEO Bob Taylor plans his retirement from the Fort Wayne, Ind.-based co-op.

July 29, 2015

All Star hardware stores celebrate their history, and cultivate a niche. 

April 8, 2015

Lumber Liquidators is looking forward to a major increase in its production capacity with its recent investment in a new finishing line.

March 24, 2015

Lumber Liquidators has made a number of strides in recent months to invest back into its home state of Virginia, totaling more than $50,000 altogether.

March 12, 2015

Herndon, Virginia-based Beacon Roofing Supply opened a new branch in Ocala, Florida. This new branch raises the total of Beacon’s new branch openings since Jan. 1 to four.

March 12, 2015

Rocked by a "60 Minutes" expose more than a week ago, Toano, Virginia-based Lumber Liquidators emphasized “Our products are safe,” during a business update conference call on Thursday.

February 9, 2015

NyloBoard is a Covington, Georgia-based manufacturer that uses recycled carpet fiber to create what it calls strong and eco-friendly products.

December 1, 2014

Newell Rubbermaid, whose brands include Irwin Tools and Lenox, has agreed to acquire Baby Jogger Holdings, Inc. from global private equity firm The Riverside Company for a price tag of $210 million.

Richmond, Virginia-based Baby Jogger is best-known for its activity strollers, though the company produces various infant and juvenile products geared toward active parents. It's expected to net approximately $90 million in sales in 2014.

November 26, 2014

Isaac Preston, president and CEO of Continental Building Products, has passed away at the age of 54.

According to the Herndon, Virginia-based supplier of gypsum wallboard, joint compound and complementary finishing products, Mr. Preston died in his sleep on Nov. 25. 

November 25, 2014

A slew of new locations and acquisitions pushed sales to a record fourth-quarter level at Herndon, Va.-based Beacon Roofing Supply.

Total sales increased 6.3% in the quarter to $726.5 million, up from $683.6 million in the same quarter last year. Net income for the fourth quarter was $24.2 million, down from $24.7 million in the prior-year quarter.

November 20, 2014

Herndon, Virginia-based Continental Building Products, a manufacturer of gypsum wallboard and complementary finishing products, announced a secondary public offering of stock.

The launch involves 7,000,000 shares of common stock to be offered by the company’s largest stockholder, an affiliate of Lone Star Funds. 

November 13, 2014

KB Home named Jon Adler to the role of president, D.C. Metro division. He joins the company from McLean, Virginia-based The Georgelas Group, where he was a partner and creator of Bryton Homes, of which he served as president and CEO.

“We are thrilled to welcome Jon Adler to the KB Home team,” said Vince DePorre, regional president for KB Home. “With his deep knowledge of local market dynamics and wealth of experience in the homebuilding industry, we believe Jon will be a great asset to KB Home as we look to grow our presence in this region.”

October 27, 2014

Entering new markets, Winchester, Virginia-based wood-alternative decking manufacturer Trex reported a record third-quarter performance.

The company’s net sales increased 32.2% to $95.5 million in the third quarter. Net income swung to a profit of $8.9 million, compared to a net loss of $15.3 million in the same quarter last year.

Trex’s results for the 2014 quarter reflect a $5.4 million increase in income taxes driven by the return to a normal tax rate after exiting its tax valuation allowance at year-end 2013.

October 14, 2014

It takes a little more to be an "All Star" hardware store performer. 

HCN's fourth annual list of Hardware Store All-Stars recognizes hardware stores for outstanding service, as well as growth, innovation and the values of the hardware industry.

HCN Daily will profile the honorees, moving across the map of the United States from East to West -- continuing this week with Delaware, Maryland and Virginia.

October 10, 2014

Stanley Black & Decker is donating more than $120,000 worth of tools and equipment to four new ToolBanks this month, organizations that provide tools to nonprofits and volunteers and help them cut costs.

The donation will go toward building up an initial inventory of tools to be put to use in various community improvement projects in the four new locations: Houston, Portland, Oregon; Phoenix; and Richmond, Virginia.

September 15, 2014

Toano, Virginia-based Lumber Liquidators has rolled out its latest product catalog for the fall, which includes 60 new flooring choices and insights into new flooring trends.

"We continually stay on top of design trends from around the world and then work directly with major mills to ensure the lowest prices possible on the highest quality flooring," said president and CEO Robert Lynch.

So what's on tap for fall? Grayscale is one trend the industry may be seeing more of, with various shades of gray flooring cropping up in contemporary design schemes.

September 5, 2014

As a long-time champion of the independent business cause, STIHL is a natural standout in the hardware retailing industry, home to more than 8,500 STIHL dealers.

September 2, 2014

Herndon, Virginia-based Beacon Roofing Supply has acquired All Weather Products Ltd., a Vancouver-based distributor of roofing systems and accessories primarily for residential applications.

"We are very pleased to be joining Beacon not only because of its size and reputation in the industry but because Beacon shares AWP‘s belief that success comes from hard work and a commitment to your employees and customers," said AWP president and founder Ken Lillejord. "This is a very exciting time for us."

August 19, 2014

Not long after its $2.8 billion merger with Weyerhaeuser Real Estate Company (WRECO), TRI Pointe is making a significant expansion in the form of 649 lots throughout seven new communities in California, Nevada, Washington state and Virginia.

August 14, 2014

Universal Forest Products has a winner in its 2014 ProWood Desperate Deck Contest, a giveaway that promised a new custom-built deck to the person with the best "desperate deck" story.

Amy Spoonhower of Gordonsville, Virginia made the most compelling case. Together with her fiance, Spoonhower bought a moldy, leaky foreclosed house and worked on the fixer-upper for four years to restore it. However, the couple ran out of energy and money before they had a chance to touch up the decks, which were in a dismal state of disrepair.

August 13, 2014

The Window and Door Manufacturers Association's (2015) recently released Window and Entry Door 2014 U.S. Market Study shows continued growth for the residential window market through 2015. 

The study, prepared, researched and analyzed by Metrostudy and the Virginia Center for Housing Research at Virginia Tech, forecasts overall residential window market growth of 9.1% for 2014 and 8.3% for 2015. This follows market growth of 10% in 2013.  

August 1, 2014

Dallas-based Builders FirstSource has purchased West Orange Lumber Company. The deal closed on July 31, 2014. West Orange was represented by The JIAN Group of Fredericksburg, Virginia.

Groveland, Florida-based West Orange supplies lumber, roof and floor trusses, custom windows and doors, as well as installation services, to residential home builders and commercial contractors in the Central Florida region. Sales were about $15 million for fiscal 2013. 

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.