EPA fines big-box construction firm
Colorado Structures, a construction firm that builds big-box stores in several western states, has reached a settlement with the Environmental Protection Agency (EPA) in a case involving numerous violations of the Clean Water Act. Colorado Structures agreed to pay a $300,000 penalty and implement a company-wide program to reduce storm water pollution at its construction sites, which can flow in nearby waterways and harm fish and wildlife.
According to a complaint filed along with the settlement, state inspectors found a pattern of violations and failures to comply with storm water and permit requirements dating back to 1999. The EPA documented violations at 16 construction sites in Colorado, California, Nevada and South Dakota. The violations cited in the complaint were documented during construction of Wal-Mart and Home Depot stores, according to the EPA.
The Justice Department and the EPA have previously concluded an enforcement against Wal-Mart, which involved many of the same sites as the Colorado Structures complaint.
The consent decree was lodged in U.S. District Court in Denver.
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American Woodmark falters in the fourth quarter
Winchester, Va.-based American Woodmark saw earnings falter in the fourth quarter on declining new construction sales as well as lower remodeling sales.
Net income fell to $36,000 from $6.18 million in last year’s fourth quarter. Sales fell 14 percent to $143.3 million from $166.1 million in the same period last year.
The manufacturer saw a decline in gross profit margin, primarily due to the “unfavorable impact of inefficiencies in labor, overhead and freight costs stemming from lower sales volumes, as well as the impact of rising fuel prices upon freight and materials costs,” according to a statement.
For the full year, earnings fell 86.9 percent to $4.27 million from $32.56 million in 2006.
Sales were down 20.8 percent in 2007, to $602.4 million from $760.9 million in the prior year.
American Woodmark manufactures and distributes kitchen cabinets and vanities through 14 manufacturing facilities and nine service centers in the United States.
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Do it Best names plumbing merchandise manager
Do it Best has named Todd Miller as plumbing merchandise manager, the Fort Wayne, Ind.-based co-op announced. In this position, Miller will assist Do it Best member-owners in the selection and marketing of plumbing products, evaluate existing and new plumbing products and implement retail service center and drop ship programs.
Miller was hired by Do it Best in 1997 as an associate merchandise manager in plumbing and has served as housewares merchandise manager for the past five years. Prior to joining Do it Best, he was in hardware store management.
Todd’s retail experience, combined with his previous experience in the plumbing category, is a tremendous benefit to our member-owners,” said Steve Markley, vp-merchandising for Do it Best. “Plumbing is a broad product category, and our members serve everyone from professional plumbers to weekend warriors doing their own repairs or remodeling projects.”