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Chris Borrego steps in as Builders CEO

BY HBSDEALER Staff

Effective today, Chris Borrego will assume responsibilities as president and CEO of Kearney, Neb.-based Builders, reporting to founder and owner Myron Andersen, who will become chairman of the company’s board of directors.

“Builders is an organization that values its customers and is always looking for ways to exceed their expectations,” Borrego said. “This is made possible, in part, due to the quality of our employees and their dedication to superior customer service. I am honored to lead this organization and continue traditions that have made Builders an industry leader.”

Borrego has been with the company since 2010 and has served in several functions, including corporate sales manager, COO and, most recently, EVP & general manager.

Borrego has 30 years of experience in the LBM industry with numerous managerial roles overseeing sales, manufacturing, retail and more. His resume spans both public and privately held organizations in rural and metro markets.

Builders was honored by HCN as the 2013 Tools of the Trade winner. 

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Outlaw Fasteners unveils new screw system

BY HBSDEALER Staff

Outlaw Fasteners is looking to raise money through "crowdsourced funds" to develop a new deck screw system.

The company is launching its screw and bit product on Kickstarter Oct. 1.

"Our team has created the first major innovation in screw technology in over 80 years," said Ron Elmore, director of marketing for Outlaw Fasteners.

Outlaw screws are driven by a UniGrip drive system that brings increased points of contact between screw and driver. The company says its design promotes ease of use. Also, the screws require just one bit, compatible with all Outlaw screws from 1 in. to 8 in. in length and from 5/64 in. to 1/2 in. in diameter.

 Early marketing for the product has included the ambitious slogan: "It’s time to change the way you screw."

The company hopes to make screws available online, before expanding its distribution network. After the completion of the Kickstarter campaign on Oct. 31, the screws will be available for pre-order at Outlawfasteners.com

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HCN Stock Watch: Damage control for LL

BY HBSDEALER Staff

Lumber Liquidators’ stock leveled off some on Monday with a decrease of 0.45% after plummeting 5-plus percentage points on Friday after the Feds raided its headquarters.

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