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Ferguson acquires HVAC company

BY HBSDEALER Staff

Newport News, Va.-based Ferguson Enterprises has purchased the assets of SG Supply Co., a Calumet Park, Ill.supplier of plumbing products, water heaters, hydronic heating, and pipe, valves and fittings for plumbing and mechanical contractors. The purchase price of the transaction, reported by Industrial Distribution, was not disclosed.

Founded in 1959, SG Supply Co. has one of the largest single-site soil pipe inventories in the Midwest. SG Supply will continue to operate from its current location in Calumet Park, Ill., near the state border of Illinois and Indiana, and be led by Ferguson’s Chicago area general manager, Steve Speers.

This is the third 2011 acquisition for Ferguson, a division of London-based Wolseley. They announced the purchase of Summit Pipe and Supply in January and Louisiana Chemical Pipe, Valve & Fitting in August.

 

 

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S.Davies says:
Mar-23-2012 06:13 am

Stanley Davies With all these
Stanley Davies With all these acquisitions, hopefully the company will come up with a larger range of radiators to cater to more of the consumer market. I have looked at some radiators but none of them suit the theme of my new home, which gives me a great headache.

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Hunter Douglas to move across the border into N.Y.

BY HBSDEALER Staff

Window-fashion manufacturer Hunter Douglas will move its corporate headquarters to Pearl River, N.Y., from Upper Saddle River, N.J., effective Oct. 10. Hunter Douglas will move to Blue Hill Plaza and occupy the top two floors of the 21-story Skidmore, Owings & Merrill complex near the Hudson River. 

“We’re pleased to be relocating to Blue Hill Plaza,” said Marv Hopkins, Hunter Douglas president and CEO.  “The new offices provide a superior environment for our employees and customers and afford us room for growth while effectively showcasing our products and business.  The Plaza’s pastoral setting yet close proximity to Manhattan and many tri-state towns and cities make it an ideal location for us."

The new headquarters, designed by the leading interiors firm of Gensler and appointed with Hunter Douglas’ custom window coverings and architectural products.

 

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Major retailers faulted for improper gas appliances hook-ups

BY HBSDEALER Staff

Officials in Maryland’s Montgomery County have issued a report blaming Home Depot, Lowe’s and Sears for failing to ensure that gas appliances installed by their subcontractors were inspected as required by law, according to an article in the Washington Post.

Two-thirds of all gas water heaters bought last year by Montgomery residents in county outlets of Home Depot, Lowe’s and Sears were not inspected, according to data released by the Washington Suburban Sanitary Commission and Montgomery’s Office of Consumer Protection.

A follow-up inspection found that approximately 25% of the water heaters were improperly installed, putting consumers at risk for carbon monoxide poisoning and home fires, according to officials.

Montgomery’s consumer protection director, Eric Friedman, told the Washington Post that Home Depot, Lowe’s and Sears are cooperating with authorities to notify customers. But Friedman said that the retailers bear "some responsibility" for their subcontractors’ sidestepping of county safety requirements.

Friedman said his agency is considering fining retailers, which charge permit fees but do not ensure that the inspections are carried out. In essence, Friedman said, the stores have been overcharging customers.

"We think the retailers have some responsibility, certainly," Friedman told the newspaper. "The store is taking the consumers’ money directly, not the plumber." His agency is considering issuing citations to the retailers, Friedman said.  

Spokesmen for Home Depot and Lowe’s responded that the permit fee is not an overcharge because the stores collect the money to repay subcontractors. They said that the stores keep no funds from the fee and should not be subject to citations. A Sears spokesman said the company is confident that its installation process complies with standards.

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