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Andrew Bonham named group president at Nortek

BY HBSDEALER Staff

Nortek, Inc., a producer of ventilation, heating and cooling, and air management systems, has hired Andrew Bonham as group president, Residential Ventilation.

Bonham has approximately 30 years of experience under his belt in manufacturing, sales, marketing and e-business. His resume spans major companies such as GE, Allied Signal and Invensys plc. He has also opened manufacturing facilities and completed acquisitions both in the U.S. and abroad. In his most recent role, he served as president of Grace Construction Products.

"Andrew’s professional and life experiences make him the right leader at the right time for our RESV business and the ideal candidate to replace such a respected and successful group president as Dave Pringle has been," said Nortek president and CEO Michael J. Clarke. "Andrew is a growth-focused Six Sigma disciple who likes to solve problems with input from his team, and a well-rounded executive who is highly regarded by employees, colleagues and customers alike. We enthusiastically welcome him to the Nortek team."

Bonham will replace David Pringle, who retired recently.

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Tractor Supply joins the S&P 500

BY HBSDEALER Staff

It’s official: after months of off-the-curve growth on the stock market, Tractor Supply Co. has secured a spot on the S&P 500 index.

The change was announced Thursday by the S&P Dow Jones Indices and will be effective after the close of trading next Thursday.

Tractor Supply is replacing Life Technologies Corp. on the index, which is being acquired by Thermo Fisher Scientific Inc.

Between Jan. 2, 2013 and Jan. 2, 2014, Tractor Supply’s stock grew by 49.4%.

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USG earns Voluntary Protection Program Star

BY HBSDEALER Staff

USG Corporation’s Auburn, Wa., manufacturing plant has earned a Voluntary Protection Program (VPP) Star from the Washington State Department of Labor and Industries and its Division of Occupational Safety and Health.

L&I officials presented the award, which is the highest accolade within the VPP, to the plant’s 49 employees Thursday. The Star, which has only been awarded to approximately 2,500 worksites out of 8 million in the U.S., recognizes the company’s efforts to go above and beyond with its safety and health programs.

“We put a focus on safety every day in our work, and make sure each of our employees understand its importance,” said Tim Miller, plant manager. “We have dedicated ourselves to safety, and being recognized with a VPP Star is an honor.”

The Auburn plant maintains a safety record of more than 1.1 million hours worked and 2,940 days without a lost-time injury. It is the 15th of USG’s manufacturing plants to achieve the Star designation, in addition to three L&W Supply locations.

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