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Former Ace executive joins Orgill

BY HBSDEALER Staff

Former Ace LBM manager Amy Pellerito has joined Orgill, the Memphis, Tenn.-based distributor, as an area manager, Home Channel News has learned.

Pellerito, a 19-year veteran of Ace Hardware and previously Ace’s LBM manager, left the Oak Brook, Ill.-based co-op when it consolidated operations by moving its LBM division under its merchandising division this summer. Ace hired Pellerito as a lumber trader in 1989 and put her in charge of the lumber division in 2003.

Pellerito joined Orgill in late September. 

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Madison, Wis., True Value store holds grand opening

BY HBSDEALER Staff

North Side True Value Hardware, located in Madison, Wis., held a two-day grand opening Oct. 4 and 5, after relocating from a 12,000-square-foot to a 14,000-square-foot space, store manager Jeff Jacoby said.

During the weekend celebration, the store raffled off a patio set, gas grill, patio heater and lawn mower, and sold bratwurst, hot dogs and soda for $1 each, donating the proceeds to the American Red Cross.

“It was one of the biggest weekends ever for us,” Jacoby said.

The new store focuses on core hardware categories like hardware, plumbing and lawn and garden, and owner Tom Meikle has also added the Benjamin Moore line of paint and an outdoor furniture department. Meikle also owns a store in Columbus, Wis.

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Lincoln Electric acquires Brazilian manufacturer

BY HBSDEALER Staff

Cleveland-based professional tools manufacturer Lincoln Electric has announced the acquisition of a 90 percent interest in Sao Paulo, Brazil-based Brastak.

The $30 million deal increases Lincoln Electric’s worldwide operations. Brastak produces brazing products, used in the welding and repair of pipes and plumbing.

“The Brastak acquisition represents the expansion of our brazing product line as well as our continued expansion into developing international markets,” said John M. Stropki, chairman and CEO of Lincoln Electric. He said the move primarily will help the company serve professionals in South America.

Lincoln Electric is one of the world’s largest manufacturers of arc welding products.

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