Frost King acquires Marvin Manufacturing
Frost King (Thermwell Products) has acquired the adjustable window screen and fan lines and production facilities from Urbana, Ohio-based W. B. Marvin Manufacturing Co.
Marvin, founded in 1915, introduced the metal rail adjustable screen in 1936 and the screen window fan in 1945, but supply problems in its heater division forced it to close in 2007.
Thermwell purchased the company’s assets in January 2008. It has re-opened the Urbana factory and rehired employees who had been laid off.
Mel Gerstein, a principal of Thermwell who engineered the purchase, said he plans to continue to manufacture Marvin products in Urbana and market and distribute them in conjunction with Thermwell’s Frost King products.
In addition to Frost King, Thermwell’s family includes Mortite, Seal-Rite automotive weatherstrip products, Regent, Lever, Filmco Industries and Kraver.
Thermwell has offices and factories in Mahwah, N.J., and Sparks, Nev., with production and distribution facilities throughout the country.
Wal-Mart launches solar pilot program
Bentonville, Ark.-based Wal-Mart Stores announced it has completed the first stage in its pilot program to use solar power in its retail stores.
The company has already converted the Chino, Calif., Sam’s Club, one of seven California stores the company will convert for the pilot program.
“Wal-Mart is moving forward with its commitment to conserve energy, reduce energy costs and lower greenhouse gas emissions, and this project is a step in the right direction,” said Kim Saylors-Laster, vp-energy at Wal-Mart.
Once installed, Wal-Mart said it hopes solar power systems will provide approximately 30 percent of the power to its stores.
“Installing the solar power systems will help reduce greenhouse gas emissions by 8,000 to 10,000 metric tonnes a year,” said David Ozment, director of energy at Wal-Mart.
The company said 15 locations in Hawaii will also be included in the program.
Wal-Mart described the project as a major step toward its goal of using 100 percent renewable energy.
Pope & Talbot to sell sawmills
Portland, Ore.-based Pope & Talbot announced that it has agreed to sell its Fort St. James and Midway sawmills.
The company said it will sell the Fort St. James sawmill to the Sinar Mas Group for $6 million and the Midway sawmill to Fox Lumber Sales for $750,000.
The sales are subject to approval by the U.S. Bankruptcy Court and the Canadian Court, as well as customary regulatory approvals in Canada and the United States. The company said it expects to receive such approvals and close the transactions in the second quarter of 2008.
Sinar Mas Group is a global enterprise with significant interests in pulp and paper in Indonesia, China and elsewhere. Sinar Mas is the largest producer of pulp and paper in Asia and is one of the top five in the world. Pope & Talbot sold three Canadian-based pulp sawmills to the Sinar Mas Group last month.
Fox Lumber Sales is a full service lumber manufacturing business headquartered in Hamilton, Mont.
Pope & Talbot was founded in 1849 and produces market pulp and softwood lumber at mills in the United States and Canada.