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DeWalt launches gas-free nailer

BY HBSDEALER Staff

DeWalt launched what it calls the world’s first gas-free, dual-speed, cordless framing nailer. 

The new framing nailer (DCN692) joins the company’s line of 20V MAX cordless power tools with Extreme Runtime (XR) and provides a gas-free option for users, eliminating the need for gas canisters. DeWalt says the DCN692 requires minimal maintenance, and works in cold weather where gas cartridges fail. 

With dual-speed settings optimized for different nail lengths, users of the new gas-free framing nailer can select between Speed Setting 1 when driving shorter nails (2 in. to 3 in.) for lower vibration (which can cause user fatigue), increased shots per charge, and increased application speed (compared with Speed Setting 2), or Speed Setting 2 when driving longer nails for the speed and power to drive nails consistently, similar to a pneumatic nailer.

The gas-free cordless framing nailer combines DeWalt’s brushless motor technology with the XR 4.0AH lithium ion battery pack to allow driving up to 700 nails per charge, making it ideal for heavy duty carpentry and framing professionals, such as general builders, remodelers, and installers of decks and fencing, according to the manufacturer.

The new gas-free and dual-speed cordless framing nailer will be available both kitted (DCN692M1) with a DeWalt XR 20V MAX 4.0AH lithium ion battery pack, and as a bare tool (DCN692B), and will retail for $499.99 and $399.99, respectively.

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Monthly sales down 0.4% in January

BY HBSDEALER Staff

The U.S. Census Bureau released its monthly retail and food services sales report Thursday, which pointed to a slight setback of 0.4% for the month but a 2.6% gain over January of last year.

Weather was partly to blame for the dip, according to the National Retail Federation.

At $427.8 billion, total sales for the month fell below December’s, which also received a downward revision from 0.2% above November sales to 0.1% below month-ago figures.

Excluding food service, retail trade sales were down 0.4% month-over-month, but 2.6% above last year.

Building material and garden equipment and supplies dealers (NAICS 444) brought home an adjusted figure of $26.4 billion in January, up from December’s $26.0 billion. This reflects a 1.4% improvement for the month and a 3.7% improvement for the year.

"Following a solid holiday sales season, it seems that many consumers decided to take a break from the stores and shopping malls this January in an attempt to avoid winter weather,” NRF President and CEO Matthew Shay said. “While the dip in retail sales was somewhat anticipated, it is concerning that both jobless claims came in above projections and that consumer spending were flat in January – it’s not the way to kick off a new year."

 

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HCN Stock Watch: VAL gets some nice wind

BY HBSDEALER Staff

Valspar (VAL) shot up 6.29% on Wednesday following the release of a positive earnings report. SHLD, BLDR and AWI received big boosts as well.

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