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HCN Stock Watch: BLDR down 2.80%

BY HBSDEALER Staff

Stocks turned down at Monday’s close, with Builders FirstSource (BLDR) leading the pack in terms of bearishness.

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Lowe’s Canada offers Devine Contact Collection

BY HBSDEALER Staff

The Devine Contact Collection of luxury vinyl flooring is now available at Lowe’s locations throughout Canada.

The flooring product, which offers the additional sales proposition of easy installation with a patented adhesive backing, is also currently distributed through Wanke Cascade in the Western U.S. The product is not on the shelves in Lowe’s U.S. stores.

In Canada, Lowe’s will be offering two color options, Devine Falcata Oak, a rich gray-washed wood that offers a contemporary design solution, as well as Devine Austrian Oak, a medium brown that offers a more traditional design sense. Both are offered in the 7.25-in. by 48-in. plank.

"We are able to offer the DIYer as well as architects and designers, a reasonably priced and incredible looking product that can be placed easily without damage to the subfloor, and easily removed at anytime in the future,” says Ashley Schwarz, VP Devine Color Floor.

The patent pending Contact adhesion system creates a bond that is both permanent and easily removable, the company said. The slogan is: "Prep, Place, Press and Done."

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Ingersoll Rand CIO tapped for award

BY HBSDEALER Staff

The Charlotte Business Journal awarded Steve Hagood the ‘CIO of the Year’ in recognition of his significant contributions to Ingersoll Rand’s bottom line. Hagood is the VP and chief information officer for Ingersoll Rand.

Hagood develops and executes Ingersoll Rand’s information technology (IT) strategies. His innovative use of IT to optimize business processes, enable growth, and create competitive advantage and a better IT customer experience helped him secure this prestigious honor. 

Ingersoll Rand brand’s include Club Car, Ingersoll Rand, Thermo Kin and Trane. 

“Steve is a highly respected role model with a strong commitment to professional excellence,” said Michael W. Lamach, chairman and CEO of Ingersoll Rand. “He has helped enable Ingersoll Rand’s growth and productivity through business-focused technology products and services. We congratulate him on this honor and for his outstanding contributions to the company, as well as to the Charlotte community.” 

Hagood joined Ingersoll Rand from the Goodrich Corporation, where he served as the VP and CIO since 2003. With 30 years of experience, Hagood has worked in executive roles in the aerospace and defense, manufacturing and service industries.

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