HD Supply White Cap expands in Texas
HD Supply White Cap celebrated the grand opening of its 44,000-square-foot distribution center and regional offices located at 400 International Parkway in Arlington, Texas.
The facility is designed to improve inventory availability throughout the South Central markets by consolidating all purchasing, receiving and distribution activities for more than 300 vendors. The new distribution center is the final phase of HD Supply White Cap facility consolidation efforts taking place in the South Central region since 2006.
“HD Supply White Cap is committed to strategic growth that enables us to serve our customers more efficiently and build value,” said Tom Lazzaro, president of HD Supply White Cap.
HD Supply White Cap offers products including concrete and masonry tools and accessories, wood and plastics, all trade hand and layout tools, tilt-up hardware and brace rentals, brand name power tools, stormwater pollution prevention products, welding supplies, lightweight construction equipment and job site and personal safety equipment.
The company, which describes itself as a leading distributor of specialty hardware, tools and materials for large and medium-sized professional contractors, is a division of HD Supply.
Standard Pacific names new president and CEO
Standard Pacific’s board of directors has elected Ken Campbell as president and CEO. Campbell succeeds Jeffrey V. Peterson, who has stepped down as chairman, CEO and president. He is continuing as a director of the company.
Campbell is a partner of MatlinPatterson Global Advisors, a private equity firm, and is Standard Pacific’s largest shareholder.
Ronald R. Foell, current director and co-founder of the company will be non-executive chairman of the board. Foell has more than 40 years of home-building experience and served as president of Standard Pacific from 1969 through 1996.
“We are pleased that Ken Campbell has agreed to serve as the company’s new president and chief executive officer,” Mr. Foell stated. “We believe that Ken’s extensive experience in restructuring operations, achieving cost savings and developing more efficient operations will complement the company’s ongoing efforts in these areas and will help the company to return to its position as a profitable, market-leading home builder.”
The Irvine, Calif.-based home builder operates in California, Florida, Arizona, the Carolinas, Texas, Colorado and Nevada.
Hickory Hardware acquired by management team
Management personnel from Hickory Hardware have completed a deal to purchase the decorative, prime door and security product assets of Hickory Hardware from Melrose.
Terms of the deal were not released.
“Our customers are very supportive of this change in ownership,” said Andy Fedor, partner and president, Belwith Products, in a press release announcing the agreement.
The company will be based in Grandville, Mich., in the former headquarters of Belwith International. Hickory Hardware’s headquarters had been in Nashville, while Belwith’s lineage traces back to the founding of the Keeler Brass Co. in Middleville, Mich., in 1893.
“This move is a return to our roots in Michigan, where we forged our reputation for a high level of service and for supply chain efficiency,” said Fedor. “We are committed to continuing our design leadership in the industry while providing the best quality products and programs to our customers in an on-time and complete manner.”
Belwith Products will design and market Hickory Hardware brand cabinet, door, security and builder’s hardware, as well as legacy brands Belwith, Belwith-Keeler, First Watch, Period Brass, Designer Collection and Keeler Brass, to retail, distribution, showroom, co- op and OEM channels in the United States and Canada.