LUMBERYARDS

Benjamin Moore reigns in J.D. Power Paint Study

BY HBSDEALER Staff

For the fourth year in a row and the fifth time ever, Benjamin Moore has been awarded the top honor on the J.D. Power Paint Satisfaction Study thanks to its high level of customer satisfaction.

"Benjamin Moore is thrilled to once again receive this prestigious award of Highest Ranked Interior Paint by J.D. Power," said Mike Searles, president and CEO of Benjamin Moore & Co. "Customer satisfaction, brand loyalty and delivering best in class products are the hallmark of Benjamin Moore. We’re constantly focused on meeting the needs of the most discerning customers and contractors with a suite of interior products and colors that can only be delivered through our network of independent dealers."

The paint company took home a score of 815 on a 1,000-point scale, a 15-point increase from 2013. Areas of strength for the brand were application, durability, product offerings and design guides.

J.D. Power used data from nearly 8,700 customers who purchased and applied interior paint during the past year, measuring application, product offerings, durability, price, design guides and warranty/guarantee. For retailers, it also ranks according to facility, merchandise, staff, services provided and sales/promotions.

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Huber Engineered Woods joins NLBMDA

BY HBSDEALER Staff

 

Huber Engineered Woods is the newest member of the National Lumber and Building Material Dealers Association Manufacturers and Services Council (MSC). The council is composed of the leading building material manufacturers and service providers serving the LBM industry.

NLBMDA’s MSC members are established industry leaders who supply products and services to lumber and building material dealers and regional chains across the nation. The dedicated members of the council share a commitment to promoting and enhancing the success of independent dealers and regional chains. 

Huber Engineered Woods offers specialty products such as AdvanTech flooring and ZIP System sheathing and tape. Headquartered in Charlotte, N.C., Huber has manufacturing operations in Maine, Georgia, Virginia and Oklahoma, as well as research and development facilities in Georgia.

 

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PPG has a good Q1

BY HBSDEALER Staff

The first quarter of 2014 was kind to PPG Industries’ top-line revenue and its profits.

Net sales for the three months ended March 31 were $3.64 billion, up 17.1% year-over-year.

Profit from continued operations was $277 million, up roughly 45% from $191 million in the first quarter of 2013.

“We achieved year-over-year global volume growth of 5%, our highest level in three years,” said Charles E. Bunch, PPG chairman and CEO. “Additionally, growth rates accelerated in each region versus recent quarters, including in Europe, where our volumes grew 5 percent as we benefited from the early stages of that region’s economic recovery."

Bunch added that the company experienced increased demand related to reductions in its cost structure, and that it had more than made up for the earnings from its recently divested businesses.

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