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Chief operating officer resigns at Builders FirstSource

BY HBSDEALER Staff

Dallas-based Builders FirstSource has announced the resignation of Kevin O’Meara, president and chief operating officer.

Astatement from the company said O’Meara resigned because he believed it would be “mutually beneficial” for both the company and him, and that he plans to pursue “new corporate leadership opportunities.”

The company said it has no plans to fill the position at this time.

“As one of the three founders of Builders FirstSource, over the last 10 years Kevin was instrumental in growing the company to over $2 billion in revenues, culminating in the company’s initial public offering in June of 2005,” said Paul Levy, chairman of the board.

Builders FirstSource supplies and manufactures building products for residential new construction, with operations in 13 states.

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Lowe’s offers matching funds for California disaster relief

BY HBSDEALER Staff

Eighty-five California Lowe’s stores have announced they will serve as official cash donation sites for the American Red Cross Disaster Relief Fund through Nov. 30.

In light of the seven wildfires that burned more than half a million acres across seven counties in Southern California, Lowe’s said it will match the in-store donations up to a total of $50,000.

In addition, Lowe’s stores in communities hit hardest by the disaster have donated bottled water and other products to firefighters and local emergency shelters, the company said.

“Lowe’s is a long-time, valued and committed partner of the American Red Cross. This relationship is critical to our ability to respond to disasters such as the California wildfires,” said Kristine Templin, director of corporate partnerships at the American Red Cross.

“Money raised through the Lowe’s customer donation program will help the Red Cross provide for people’s basic needs such as food, shelter, counseling and other assistance following any disaster,” she added.

Since partnering with the American Red Cross in 1999, Lowe’s has donated more than $17.5 million to aid relief efforts.

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Menards store on deck in western Illinois

BY HBSDEALER Staff

Menards is planning a new 162,340-square-foot store in Quincy, Ill., according to a report in the Quincy Herald-Whig newspaper.

The total store would encompass 240,000 square feet, including a garden center and lumberyard. The store also will sell groceries, according to the report. Several new Menards stores throughout the Midwest have begun offering convenience grocery items in the past year.

Marv Prochaska, vp-real estate for Menards, told the newspaper the store is expected to open in 2009.

Quincy, Ill., is located on the far western border of Illinois near Hannibal, Mo.

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