Caterpillar launches pilot at Home Depot
Caterpillar, the Peoria, Ill.-based manufacturer of construction, mining and industrial equipment, has begun a test of its rental outlets with Home Depot in Texas, according to a report in Rental Equipment Register. The online publication reported that more Home Depot test locations will be added this year, although few other details were available.
Home Depot did not immediately respond to a request for comments.
Currently, there are more than 1,600 independently run Cat Rental stores throughout the world, offering construction-related equipment and specialty tools. Caterpillar has stated it would like to grow that number by more than 550 locations over the next three years.
Home Depot operates its own equipment and tool rental departments in approximately 1,200 of its stores. According to the company’s Web site, Home Depot’s rental outlets have more locations than any other tool rental company in the United States.
Lumber Liquidators to ship to the United Kingdom
In light of a record-low dollar, flooring retailer Lumber Liquidators has announced a plan to offer exotic hardwoods at lower prices to the U.K. market with free shipping. The promotion is planned through May 31.
The company said prices on some hardwoods will be as low as 4.95 British pounds per square meter, or US$9.89, a significant markdown over U.K. prices. The company plans to showcase its hardwood products at the London Ideal Home Show, which runs through April 6.
Customers in the United Kingdom will be able to browse flooring options at a special site, lumberliquidators.com/UK, which features conversion calculators and shipping status updates.
Toano, Va.-based Lumber Liquidators operates more than 125 flooring stores in the United States.
Stimson Lumber will close locations in Montana, Idaho
Stimson Lumber will close its mill in Bonner, Mont., according to a report in the Missoulian (Missoula County, Mont.) newspaper.
The mill will close indefinitely due to the effects of a downturn in the North American housing market and lower lumber demand, according to the report.
The mill employs around 100 workers, who were given 60-day notices this week as the plant prepares for closure. Additionally, the company plans to shut down operations at a Coeur d’Alene, Idaho, plant, which employs about 60 people.
Based on Portland, Ore., Stimson Lumber has assets and operations in Idaho, Montana, Oregon and Washington.