Edward Hines Lumber to Open Grayslake Location in November
The property located at 939 South Route 83 in Grayslake will be managed by former owner of Stan’s Lumber, Carl Torstenson.
“We are excited to have this opportunity in Grayslake,” said Torstenson. “The facility will allow Edward Hines to fulfill the demand for an additional Lake County professional building materials dealer. We look forward to servicing customers throughout Lake County and the surrounding areas.”
In addition to providing a full range of lumber and building materials, the Edward Hines Grayslake Location will have a window, door and cabinetry showroom and design center.
Edward Hines also operates building supply centers in Alsip, Hampshire, and Wheaton, a Millwork facility in Kirkland, and a Window, Door and Cabinetry showroom in Buffalo Grove.
“The addition of Edward Hines to the Grayslake area will help diversify and stabilize the local economy in the “Heart of Lake County,” said Grayslake Mayor Rhett Taylor said. “Edward Hines has been a landmark business throughout Chicagoland and we are proud to welcome them to historic Grayslake.”
Founded in 1892, Edward Hines Lumber, operates locations servicing homebuilders and professional remodelers throughout the state of Illinois, lower Wisconsin and Northern Indiana.
US LBM is a collection of leading building material distributors serving the Midwest, Northeast and Mid-Atlantic in eight states with more than 50 locations. The company is one of the fastest growing companies in the building supply industry and was awarded 2013 Pro Dealer Of The Year by Home Channel News.
Implementing the philosophy of local management and leadership, US LBM capitalizes on the premier reputation and local customer relationships that each operation is known for in its market. Our primary focus is on customers that require specialized services, such as homebuilders and professional remodelers as well as multifamily and commercial contractors.
Cemex and Concrete Supply Co. to join forces
Cemex and Concrete Supply Co. have announced their plans to form a joint venture in the Carolinas. The new company will be known as Concrete Supply Co., LLC and will boast a production capacity of 2 million cubic yards.
Based in Charlotte, N.C., Concrete Supply Holdings Co. will be the majority owner and managing member.
“This combination will enable us to substantially improve both the ability of the combined company to service our customers and the cost structure of the operations involved, each being essential in a highly competitive marketplace,” said Henry R. Batten, president of Concrete Supply Co. and also of the new venture.
Cemex president Karl Watson, Jr. cited the potential for regional growth with strong local management, combined with global know-how from Cemex’s far-reaching operations.
The transaction is expected to close later this year.
SolarWorld to finance American-made panels for Hawaii residents
Solar manufacturer SolarWorld is rolling out its new Freedom Plan, designed to support the usage of American-made solar panels for homeowners in Hawaii.
In a nutshell, the program will allow homeowners to replace a portion of their electricity bills with a low monthly payment for solar power and guarantees the use of American-made panels. Users can receive the plan together with a complete solar-electric system from SolarWorld, which includes photovoltaic equipment, installation, monitoring services, system insurance and maintenance for up to 20 years.
“With abundant sunshine and some of the nation’s highest utility rates, Hawaii is an ideal place for homeowners to reap the financial and environmental benefits of solar,” said Rusty Pittman, director of marketing for SolarWorld Americas. “SolarWorld’s Freedom Plan makes the decision to go solar easier and more affordable for Hawaii residents.”
The Freedom Plan is provided exclusively through local distributor Inter-Island Solar Supply and offers flexible financing options which allow homeowners to minimize their upfront costs.
It is also available in six other states, including California, Colorado, Connecticut, Maryland, Massachussetts and New Jersey. SolarWorld has plans to expand it further into Arizona and New York.
Installation companies in Hawaii can register to become SolarWorld Authorized Installers online.