Huttig now on NASDAQ
The common stock of St. Louis-based Huttig Building Products has been approved for listing on the NASDAQ Capital Market exchange.
“We are pleased to take this step forward in our commitment to build shareholder value,” said Jon Vrabely, Huttig president and CEO.
Huttig’s shares under the ticker symbol “HBP” will begin trading on NASDAQ on Dec. 9. Previously, Huttig was traded over the counter.
“We believe that listing on the NASDAQ will enhance our visibility in the investment community, increase the liquidity of our shares and provide increased exposure to the institutional investment community,” said Vrabely.
Huttig is currently in its 128th year of business as a distributor of millwork, building materials and wood products.
Honeywell announces Designer Series humidifier
Honeywell has unveiled its new Designer Series Cool Moisture Humidifier, which help alleviate dry indoor air conditions in a sleek, decor-friendly format.
The Designer Series runs for up to 48 hours at a time and shuts off automatically when it’s empty, making it ideal for use in medium to large rooms.
Using ultrasonic technology, the humidifier creates a fine mist that can be reguated using various moisture controls.
It also features filter-free technology and a contemporary design that fits easily beneath a faucet for refilling.
China Ceramics announces board member resignations
Two board members have tendered their resignations at China Ceramics Co., Ltd., the company announced Monday.
"I would like to thank Paul Kelly for his leadership and experience in his role as Chairman and appreciate the active engagement of Cheng Davis in her role as a director," said Jiadong Huang, CEO. "We highly value both Paul and Cheng’s contributions and believe that our company is stronger for their efforts. We will look to add qualified independent board members to our Board in the period ahead."
Paul Kelly, who served as non-executive chairman of the board, has resigned effective Nov. 27 due to personal demands. Kelly had been chairman and CEO of China Ceramics’ predecessor company from its inception in 2007. He had been a board member with China Ceramics since 2009.
Cheng Yan Davis has resigned effective Dec. 31, also citing external demands. Like Kelly, she has been with the board since August 2009 and was a board member of the predecessor company since 2007.
The company’s board of directors is now comprised of two independent directors. Replacements are currently being sought.