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Electrolux plant celebrates milestone

BY HBSDEALER Staff

Electrolux hit a 25-year milestone at its refrigeration plant in Anderson, S.C.

The plant’s 1,800 employees manufacture 9,300 top-mount refrigerators each day, or 2 million annually.  Each year, the company manufactures one out of every two top-mount refrigerators sold in the U.S. market. 

To celebrate the milestone, all plant employees, along with their families, were invited to partake in a variety of festivities, including plant tours, hayrides, music, kids’ activities and a barbecue lunch. 

Highlights of the day included the recognition of employees who had been with the plant since the first day in 1988 and a reading of a letter of congratulations sent by South Carolina Governor Nikki Haley to Jack Truong, president and CEO of Electrolux Major Appliances North America. 

The Governor’s letter stated in part: “Electrolux has provided many opportunities for our state and our citizens, and we are proud to count your company among the many world-class companies that call South Carolina home. We build things in South Carolina, and we build them well.” 

In addition, the local fire department offered fire safety training, and the animal shelter offered animals for adoption. The plant made a donation to both organizations to thank them for helping make the event special for families.  

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Imark honors Klein Tools

BY HBSDEALER Staff

Klein Tools received Imark Group’s “supplier of the year” award at its annual meeting in Carlsbad, Calif., earlier this month. 

Imark is a member-owned marketing group of independently owned electrical distributors. This award was voted on by its 1,140 members and is the highest honor a vendor can receive. 

Imark Group’s membership includes more than 70 members in the Top 200 largest distributors in the country. Member companies serve their local customers from more than 2,000 branch locations. With more than $15 billion in combined sales, Imark Group is the largest member-owned, member-governed cooperative in the U.S. electrical industry.

“Klein works with IMARK members to develop marketing and sales strategies that hit business objectives, stimulate growth and provide end users with the highest-quality tools,” said Mark Klein, VP domestic sales. “This award confirms that the member partnerships we are building are working and creating a platform for future success.”

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Sept. retail sales are out, down by a hair

BY HBSDEALER Staff

After a nearly three-week delay, the U.S. Census Bureau has released the advance monthly sales report for September. Overall, retail sales were down 0.1% from July at $425.9 billion, but were still 3.2% above year-ago figures.

For building material and garden equipment and supplies dealers (NAICS 444), the unadjusted net for September was approximately $25.1 million, down from August’s $26.9 million. Consistent with overall progress for the retail trade, September’s figures increased over those of last year, which came in at $23.3 million.

Sluggish auto sales were a major factor in the slow pace of sales in September, which were down 15.7% over July (NAICS 441).

This may be an indication that the economy was already beginning to level off in the weeks leading up to the government shutdown, though may economists predict that we’ll be feeling the effects of the Congressional standoff in the months to come.

Forward jobs momentum, as evidenced by last month’s 7.2% five-year low in unemployment, could conceivably create the demand needed to stimulate sales activity. However, jobs growth was relatively disappointing at 148,000.

Following adjustments, the July to August percent change in retail sales remained at a small increase of 0.2%.

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