Carol Tome named Atlanta Fed chair
Carol Tome, executive VP and chief financial officer of Home Depot, has been named chairman of the Federal Reserve Bank of Atlanta’s board of directors. Her one-year term begins Jan. 1, 2010.
Tome, who will maintain her duties with Home Depot, has been a member of Atlanta’s federal reserve board since January 2008.
The board of directors of the Federal Reserve Bank of Atlanta oversees the management of the bank’s operations and recommends changes in the discount rate. Board members also contribute to the formulation of U.S. monetary policy through the economic information they provide the bank’s president.
CertainTeed achieves NAHB Green Approved status
CertainTeed has achieved Green Approved status from the National Association of Home Builders (NAHB) Research Center for more than 20 products.
The Green Approved third-party endorsement indicates that building products meet green criteria and can contribute to points that align with the NAHB’s National Green Building Standard.
“Receiving Green Approved status from the NAHB validates our commitment to being the industry leader in the development of sustainable building products and the environmentally friendly operation of our manufacturing facilities,” said Aman Desouza, director of innovation and sustainability for CertainTeed. “We want to walk lock-step with builders, contractors, architects and specifiers to ensure we help them meet today’s green building requirements.”
The following products received Green Approved certification:
• CertainTeed Vinyl Siding and Soffit • CedarBoards Insulated Siding • Cedar Impressions Polymer Shake Siding • CT 20, XT 25, and XT 30 (Star White shingles) • Form-A-Drain Foundation Footing System • Landmark Solaris Solar Reflective Roofing Shingles (all colors) • Restoration Millwork Cellular PVC Trim • Panorama Composite Railing • Platon Air Gap Waterproofing Membrane • ProRoc Gypsum Board • ProRoc with M2Tech Gypsum Board • SoftTouch Duct Wrap Insulation • Symphony Synthetic Slate Roofing Shingles (all colors) • Vytec Vinyl Siding and Yukon Boards and Soffit • WeatherBoards FiberCement Siding, Soffit, and Trim with the ColorMax Finishing System or Premium Stains • WeatherBoards FiberCement Siding, Soffit and Trim • All CertainTeed fiberglass batt, roll and blowing insulation products, including DryRight Fiberglass Insulation faced with MemBrain, the Smart Vapor Retarder and InsulSafe SP Blowing Wool Insulation
Many of the company’s products also contribute to the U.S. Green Building Council’s LEED program for commercial and residential construction and are Energy Star- and GreenGuard-certified.
Home Depot partners with Martha Stewart Living
Home Depot will begin carrying Martha Stewart Living products early next year in an exclusive deal announced on Sept. 14. The three product categories — outdoor living, home organization and home decor — will involve collaborations between Martha Stewart designers and Home Depot merchants “that allow customers to easily coordinate decor and design elements when taking on home improvement projects,” according to the joint announcement.
Products in the outdoor living category will launch in January 2010 in the United States and February 2010 in Canada, the companies said. This line will consist of patio dining and conversational sets ranging in price from $399 to $1,999. The home organization products, scheduled for a February 2010 debut, will feature a new closet organization system and a versatile nine-cube organizational unit. More products in both categories are in the development pipeline.
Martha Stewart’s relationship with Kmart, which sells the Martha Stewart Everyday line of linens, housewares, holiday decor, patio furniture and other merchandise, will end in January 2010, according to Elizabeth Estroff, spokeswoman for Martha Stewart Living Omnimedia. Macy’s department stores will continue to sell Martha Stewart-branded kitchen textiles and housewares, Estroff told Home Channel News. The deal with Home Depot “significantly expand[s] our reach and our business across the retail spectrum,” she added.