AM Conservation Group rolls out Simply Conserve line
Charleston, S.C.-based AM Conservation Group, a manufacturer and distributor of energy and water conservation products, will roll out its new product line called Simply Conserve, introducing the first-ever cohesive line of both energy- and water-saving products for the home to consumers nationwide.
Providing an assortment of innovative solutions that make conservation simple and affordable, the new Simply Conserve line helps consumers significantly reduce water and energy use, saving hundreds of dollars annually on utility bills. Many of the products have been in use in homes for years through programs that AM Conservation Group has in place with multiple utility companies nationwide. Now, with the introduction of the Simply Conserve brand, consumers can now easily identify and purchase the full line of energy and water saving products at a variety of retailers, as well as online.
“Our products are designed to save consumers energy, water and, consequentially, money,” said Todd Recknagel, CEO of AM Conservation Group. “We have been providing consumers with AM Conservation Group products through our partnerships with utility companies nationwide for more than 20 years. With the launch of our new Simply Conserve line, we are now able to bring these products to the forefront of the retail sector and provide millions of consumers the chance to save on their utility bills.”
The company’s line can save millions of dollars for consumers through a variety of electricity, water and weatherproofing products, the company claims.
Among the products are:
• Furnace Filter Whistle: Improving energy efficiency, the whistle easily attaches to a furnace (air) filter and whistles when the filter becomes 50% clogged reminding consumers to change their filter.
• Toilet Tummy Water Saver: Improving water efficiency, the Toilet Tummy saves more than one-half gallon of water per flush.
• Triple Seal Door Sweep: Premium door sweep covers larger gaps than most (up to three-quarter inch) using three vinyl fins to keep out drafts and save energy in the home.
New CFO in place at Newell Rubbermaid
Newell Rubbermaid appointed Doug Martin, 49, as chief financial officer, succeeding Juan Figuereo.
The multi-faceted consumer product company with brands including Irwin, Rubbermaid and Graco describes Martin as a “decisive, results-oriented leader with a strong record of financial operations management across multiple disciplines and geographies.”
With 25 years in the company, he most recently served as deputy chief financial officer, where he is credited with designing a roadmap for streamlining the cost structure of the company and the global finance function.
“We are making good early progress in the execution of our growth game plan by taking an aggressive stance toward reducing structural costs and working capital, and increasing brand investment,” said Michael Polk, Newell Rubbermaid’s president and CEO. “Doug’s strategic leadership, financial expertise and deep company and industry knowledge will be instrumental to helping us realize our growth ambition.”
In its most recent quarter ended June 30, Newell Rubbermaid posted sales of $1.52 billion, down 1.9% from the previous quarter. Net income for the quarter was $111.8 million, down 23.8%.
Report identifies wildfire risk for 13 states
A just-released report by CoreLogic, a provider of data analytics and business services, identified more than 740,000 residences across 13 states in the western United States currently at high or very high risk for wildfire damage in 2012. Together, the homes represent an estimated property value of more than $136 billion in total.
The 2012 CoreLogic Wildfire Hazard Risk Report was developed to provide the insurance industry, financial services companies, homeowners and others impacted by wildfire outbreaks with a better understanding of wildfire risk in the United States. It examined 13 states (Arizona, California, Colorado, Idaho, Montana, Nevada, New Mexico, Oklahoma, Oregon, Texas, Utah, Wyoming and Washington), six cities (Los Angeles, Calif; San Diego, Calif; Boulder, Colo; Austin, Texas; Albuquerque, N.M. and Salt Lake City, Utah), and top zip codes at risk within each metro area.
Key findings in the CoreLogic report include:
• The states most commonly associated with wildfires also contain the most properties at risk: California, Colorado and Texas contain the largest number of properties categorized as Very High Risk, with a combined property value exceeding $20 billion. Adding the homes located in the High Risk category increases the total property value at risk to more than $62 billion.
• California contains a total of 49,258 homes at Very High Risk, with another 48,901 and 28,490 in Colorado and Texas, respectively.
• Of the six cities analyzed in the report, Los Angeles is home to the most single-family residences exposed to wildfire risk, with more than 29,000 properties in the High or Very High Risk categories. The total value of the homes in those two categories is estimated to be nearly $10 billion, with Malibu at the top of the list of zip code areas with more than $900 million in potential residential property exposure to wildfire risk.
“As residential development has expanded into formerly undeveloped wildlands, the transitional area between the two, known as the Wildfire Urban Interface (WUI), has become exceptionally vulnerable to wildfire,” said Howard Botts, VP and director of database development for CoreLogic Spatial Solutions. “Approximately 40% of homes in the United States are located in that zone, and wind-blown embers are capable of igniting homes located hundreds, or even thousands of feet away from an actual fire.”
The CoreLogic report states that between the years of 1990 to 2008, there were close to 17 million new homes built in the United States, of which 10 million (58%) were located in the WUI and therefore potentially located near high wildfire risk zones.
To download a complete copy of the CoreLogic Wildfire Report, click here.
Based in Santa Ana, Calif., CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government.