Annandale Millwork gets FSC certification
Winchester, Va.-based Annandale Millwork and Allied Systems received Forest Stewardship Council (FSC) Chain of Custody certification.
“We are very proud and excited to have been awarded this certification,” said Gene L. Frogale, Annandale Millwork and Allied Systems co-president. “Our customers will benefit from this knowing we are a trusted resource in obtaining the supplies they need for their environmentally sustainable projects. Overall, we are helping to preserve the world that we live in and we are making a difference for future generations.”
The certification falls under the Scientific Certification Systems (SCS) Forest Conservation Program. The Forest Stewardship Council certification is a voluntary program that supports responsible forest management. The FSC label ensures that the forest products used are from responsibly harvested and verified sources, according to the group.
With the new certification, the company is now certified to sell FSC Mix and FSC 100% products. The certification, which is valid until 2017, covers the production and distribution of pre-hung interior and exterior doors, windows and trim and custom architectural millwork using the transfer system.
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Recall on circular saw blades
The U.S. Consumer Product Safety Commission, in cooperation with Irwin Industrial Tool Co., has issued a voluntary recall of a promotional 10-inch circular saw blade 3-pack due to laceration hazard posed by defection packaging.
Irwin has received three reports of the saw blades falling out of the bottom of the packaging. No injuries were reported.
The products, manufactured in China, were sold exclusively at Lowe’s stores nationwide from approximately October 2011 through November 2011 for $40. Approximately 55,260 were purchased.
This recall involves Irwin Classic Series 10-inch Circular Saw Blade Limited Promotion 3-Packs. The blister packs contain one 10-inch trim and finish saw blade with 60 teeth (60T) and two 10-inch general purpose saw blades with 40 teeth (40T). The blades are stacked offset in the packs.
Consumers should immediately contact Irwin to receive a free storage container for the saw blades.
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PPG reports increased sales
Paint supplier PPG Industries reported net sales for the first quarter 2012 of $3.8 billion, an increase of 6% versus net sales of $3.5 million during the prior year’s first quarter. Net income for the first fiscal quarter, which ended March 31, 2012, was $13 million, compared to $228 million a year ago.
Adjusted net income for the quarter, excluding nonrecurring charges, was $279 million, allowing CEO Charles Bunch to point to earnings growth momentum. "We have delivered consistently strong earnings over nearly two years despite the prolonged, gradual recovery from the economic crisis and continued raw materials cost inflation.
"In the quarter, we benefited from strengthening demand in the United States in most end-use markets and growth in emerging regions, which offset weaker European activity," Bunch continued. "In aggregate, our core coatings and Optical and Specialty Materials segments delivered nearly 25% year-over-year earnings growth, with each segment delivering fairly equal growth rates. Business results were strong in the aerospace, automotive OEM coatings, industrial coatings and optical products businesses, as well as in the architectural coatings business in the United States.
"Looking ahead, the second quarter is typically our best sales quarter seasonally, and we expect year-over-year growth rates in the United States to be similar to the first quarter coupled with lower regional natural gas input costs," Bunch said. "We anticipate that growth in emerging regions will accelerate, supported by higher Chinese industrial activity. We expect European demand to remain muted, and we are now implementing restructuring actions focused mainly in this region.”
Based in Pittsburgh, Pa., PPG manufacturers architectural coatings, automotive glass, and specialty optics. Its residential lines of paint sell under the brand names Pittsburgh Paints and Manor Hall, among others.
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