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Ace co-hosting energy workshops in Colorado

BY HBSDEALER Staff

Ace Hardware stores across Colorado have teamed with Xcel Energy and Lightly Treading Energy & Design to host a series of free informational workshops to help consumers save money on energy bills this winter, according to an article in the Delta County Independent, a western Colorado newspaper.

With Colorado residents facing a 12 percent increase in natural gas costs this winter, the workshops will educate consumers about how to conserve energy and lower utility bills. They will provide tips on everything from energy-efficient appliances and lighting to DIY energy efficiency projects such as installing and setting programmable thermostats, changing furnace filters and sealing leaks around doors and windows.

The workshops are free to consumers and will help homeowners cut annual energy consumption by as much as 50 percent this winter, according to Paul Kriescher, principle of Lightly Treading Energy & Design.

In addition to the workshop series, Ace Hardware and Lightly Treading are giving away thermal energy audits and energy makeovers to four Colorado homeowners.

“As local hardware store owners, we want to do what we can to help alleviate rising energy costs for our customers,” said Bill Moore, chairman of the board of directors for Rocky Mountain Ace Stores. “We’re known for providing one-stop-shopping for information and products, and our stores are the perfect location for community events like these.”

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Do it Best names education services coordinator

BY HBSDEALER Staff

Dave Heffley was recently named education services coordinator for Do it Best, the Fort Wayne, Ind.-based co-op announced.

In this position, Heffley will coordinate promotional materials and special events for the co-op’s buying markets and will be responsible for the coordination of educational classes and materials to increase the awareness of and participation in Do it Best retail solutions.

Heffley joined Do it Best in 1994 as an account specialist and installer for the Retail Data Processing support department. Prior to that, he was a sales representative with John Hancock Insurance and with Monroe Systems.

In addition, Heffley has been actively involved with Do it Best’s employee board, organizing special events and activities for corporate office employees.

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Ainsworth reports Q3 loss

BY HBSDEALER Staff

Vancouver, B.C.-based forest products company Ainsworth Lumber reported a net loss of C$42.7 million (US$34.6 million) for the third quarter ended Sept. 30, compared to a net loss of C$37.2 million (US$30.2 million) for the same period last year.

Sales for the quarter stood at C$115.3 million (US$93.5 million), down 24 percent from C$150.8 million (US$122.2 million) in the year-ago period. According to the company, reduced shipment volumes due to production curtailments led to the decrease in sales.

Year to date, the company reported a net loss of C$165.1 million (US$133.7 million), a C$133.1 million increase in losses from the same period in 2007.

In July, Ainsworth completed a financial recapitalization, resulting in the “realignment of equity and non-equity interests, significant de-leveraging of the balance sheet and a strengthened liquidity position.” Following the recapitalization, the company’s management team moved to lower overhead costs with a decrease in staff, office space and administrative costs.

Third-quarter OSB shipments were 481,354 msf , down 25 percent from the same period last year, due to decreased customer demand and plant closures. The company permanently closed its Grand Rapids, Minn., OSB mill and indefinitely curtailed production at two other northern Minnesota-based OSB mills in Cook and Bemidji.

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