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Earthwise Group is ‘Made in USA Certified’

BY HBSDealer Staff

The Earthwise Group, a national network of locally owned, independent manufacturers of windows and doors, has been recognized as "Made in USA Certified." 

To earn the certification, the Earthwise Group went through a supply chain audit to ensure that at least 75% of the organization’s products and processes originate and are completed in the United States. The organization’s windows and doors will now carry the Made in USA Certified seal.

"The Earthwise Group and our member companies are committed to keeping our manufacturing operations in the United States," said Mark Davis, executive director of the Earthwise Group. "We’ve demonstrated this commitment by producing high-quality windows and doors that our customers can purchase knowing they are supporting American jobs. Our recent Made in USA certification further verifies our ongoing promise that our products are truly made in the U.S."    

Products produced by Earthwise Group members meet and exceed the standards set by Energy Star, the National Fenestration Rating Council (NFRC) and the American Architectural Manufacturers Association (AAMA). 

Currently, there are 15 Earthwise manufacturing facilities, with distribution covering the majority of the eastern half of the United States.

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IKEA raise $12M for UNICEF

BY HBSDEALER Staff

The IKEA Foundation, with the help of its customers and employees, have donated $12 million to UNICEF and Save the Children for projects that will help create opportunities for children to have access to a quality education.

Thanks to this year’s Soft Toy for Education 2012 donation, The IKEA Foundation will support 18 UNICEF and Save the Children projects in 17 countries. UNICEF’s share will fund the Schools for Africa initiative in eight countries and the Schools in Asia initiative in China. Save the Children’s equal share will support education for children in the most marginalized groups in Asia and Eastern Europe.

In the United States, IKEA raised more than $1 million through the sales of soft toys and children’s books. 

Since 2003, the start of this annual campaign, the IKEA Foundation has raised nearly $74 million.

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Lennox points to strong residential business

BY Ken Clark

Heating and air conditioning giant Lennox International reported fourth-quarter revenue of $685 million, up 6% from the prior-year quarter.

For the full year, revenue was $2.9 billion, up 4% from the prior year. At constant currency, revenue was up 5%. 

"The company’s performance in 2012 was led by our residential business, which significantly outperformed the market on gains in replacement business and strong growth in new construction," said chairman and CEO Todd Bluedorn. "Residential revenue was up 9% with profit up 17% for the year. In the face of flat commercial markets in 2012, our refrigeration and commercial businesses had strong operational performance. Refrigeration revenue was flat at constant currency with profit up 6%." 

For the fourth quarter, adjusted income from continuing operations was $29 million, the same as the prior year quarter.

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