Former Home Depot exec joins lighting company
TCP, the Aurora, Ohio-based manufacturer of energy-efficient lighting products, has announced that industry veteran Jorge Fernandez will be joining the company in the position of senior VP business development. Fernandez comes to TCP from Home Depot, where he led the company’s energy-efficient lighting category.
“Jorge will immediately assume the critical role leading our LED product strategy and also manage our emerging markets development, focused on our rapid expansion in Latin America," said Ellis Yan, CEO of TCP. "Jorge brings a tremendous wealth of knowledge and expertise, particularly in the LED lighting segment, and he is recognized as one of the industry’s leading experts on energy-efficient lighting."
Fernandez came to Home Depot in 2003 as a part of its management development program, where he was an associate in the Internal Audit Leadership Program. He rose through several positions of increasing responsibility in merchandising, eventually assuming his most recent position as senior merchant of LED product development.
While at Home Depot, Fernandez led the retailer’s entry into the energy-efficient and LED lighting category. Prior to that, he worked for AT&T (formerly BellSouth Telecommunications) as an engineering project manager in its networks division.
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RockSolid offers advanced pouch technology
RockSolid Floors Polyurea Floor Coatings are taking the cans out of the equation for a more environmentally friendly product plus better product handling, according to the Minneapolis-based company.
The multi-layer Polyurea floor coating systems now feature advanced pouch technology. The kits still feature the same Polyurea floor coating formulas, providing 20 times the durability of epoxy floor paints.
RockSolid’s One Part products, such as their Grey Garage Coat or Diamond Coat, come in resealable pouches, eliminating the risk of waste. End users simply add their desired color shots directly into the pouch, shake it, pour the product into the pan and roll it out onto the concrete floor.
The patent pending burst pouches are similar in their simplicity. The two parts are packaged in separate, pre-measured portions that are instantly mixed when the pouch is rolled up. Once it’s rolled, it too is shaken, poured and rolled out.
“Our new pouches mean users have no cans to mess with and no measuring," says Patrick Ilfrey, CEO of RockSolid Floors. "DIY garage floor coatings just got easier."
In addition to their convenience, these pouches decrease RockSolid™ products’ influence on the environment. They reduce product waste, allow for more efficient product storage than bulky metal cans, and they help to ensure quality preservation of the kit materials.
"At one tenth the packaging weight of a typical metal can, a case of flexible pouches uses 30% less volume than a case of cans," said Ilfrey. "The packages are safe, convenient, reliable, and precise. Just as important, they’re better for the environment."
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Teufel Nursery hits post-bankruptcy milestone
Teufel Nursery, a landmark Portland, Ore., garden center and landscaping business that filed for bankruptcy protection in 2009, has paid off a major creditor, according to an article in the Portland Business Journal.
The family owned company, now operated by its fourth generation, satisfied its debt to Textron Financial Corp., which called in a note in 2009. Teufel filed for Chapter 11, Textron sued, and Teufel countersued. Retailer and lender eventually negotiated a repayment plan for the $5.9 million debt.
The nursery, which has sold off property to help raise cash, exited court supervision on Feb. 1, 2010, with a repayment plan for its creditors, according to the article.
Although revenues are still down because of the economy, Teufel has diversified into new landscaping and environmental services such as installing green roofs, living walls, rain gardens and other facilities, particularly in the government and commercial sectors.
Filing for bankruptcy could
Filing for bankruptcy could be hard for many but it is a good solution if your business is getting near to end. In 1980, brand new rules for municipal bankruptcy were submitted. Since then, 243 specific cities have filed for the security. Harrisburg PA started filing for bankruptcy protection this week. In the courtroom, the mayor of Harrisburg has filed a demand that the bankruptcy be declared unlawful. The fight over the filing is sure to continue for at least a couple weeks. Article resource: Harrisburg Mayor says bankruptcy filing is not legal.