HBSDealer Stock Watch: Gainers beat decliners
|Hardware and building supply stocks scored a modestly successful day on Wall Street Wednesday. TSCO led all gainers with a 3.4% jump. Meanwhile, SMG lost 3.0% on the day.|
|BLDR (Builders FS)||19.71||-0.35%|
|BMCH (BMC Stock)||18.95||+0.53%|
|CENT (Central Garden)||41.48||-0.88%|
|DE (Deere & Co.)||149.77||+0.42%|
|HD (Home Depot)||179.85||+2.82%|
|LL (Lumber Liquidators)||24.07||+2.73%|
|SMG (Scotts Miracle-Gro)||82.59||-3.00%|
|TSCO (Tractor Supply)||60.66||+3.43%|
|UFPI (Universal Forest)||34.00||+0.65%|
L.J. Smith steps up its offering
Stair systems manufacturer L.J. Smith has enhanced its product offering with the introduction of Metal Newel Caps and Flat Bar Balusters that support the modern styles of stair systems gaining popularity in today’s marketplace.
The company’s two decorative Metal Newel Caps are available to fit 3”, 3-1/4” and 3-1/2” square wood posts in a variety of colors. “These Metal Newel Caps blend well with our iron and wood balusters,” says Craig Kurtz, president of L.J. Smith Stair Systems. “We’re offering both a Flat Metal Cap and a Pyramid Metal Cap so people can select the style they like best for their stair system.”
L.J. Smith has also introduced a Flat Bar style baluster to its Contempo Collection. The 44” tall balusters are ½” by 1-1/2” and available in Low Sheen Black, Matte Nickel, Oil Rubbed Copper and Stain Black. The new Flat Bar balusters are often combined with plain ½” x ½” balusters to create unlimited patterns.
“We envision people using these Flat Bar balusters to create attractive stair systems,” says Kurtz. “An interesting look would be to pair the Flat Bar Baluster with our wood newels and one of our new Metal Newel Caps. This would bring a unique style to a home interior.”
New CEO for PrimeSource
PrimeSource Building Products appointed Tom Koos as its president and CEO. Koos was formerly CEO of Weber-Stephen Products LLC.
“We are very pleased to welcome Koos to PrimeSource,” said Brandon Crawley, Interim CEO and principal with Platinum Equity. “His more than 25 years of global supply, distribution and consumer brand experience will lead PrimeSource to a new level of excellence in distribution services and expand the reach of our industry leading Grip-Rite, Pro-Twist and other product brands.”
At Weber he was the company’s strategic and global operations leader. Prior to Weber, Koos was president and CEO of Jacuzzi Brands Corp.
According to the announcement of his appointment, Koos built a long track record of success in the consumer durable products industry working for top brands including Black & Decker where he served as Group President for Consumer Products Worldwide, and Newell Rubbermaid, where he held the posts of president of Goody Products and president of BernzOmatic.
“PrimeSource provides the building industry’s premier customer experience with the highest value products, brands and services,” said Koos. “I am honored to join PrimeSource’s legacy of service, operational excellence, customer loyalty and industry-preferred building products brands.”