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Industry Dashboard for Aug. 11, 2014

BY HBSDEALER Staff

Gas prices edged down this week, and stocks made good (or better) on some of their lost traction over the past few months.

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New VP for Sierra Pacific

BY HBSDealer Staff

Anderson, California-based Sierra Pacific Industries (SPI) hired Tom Takach as VP of operations for the windows division of Sierra Pacific Industries – a family owned and operated wood products business. 

In this new position, Takach will oversee manufacturing and operations for Sierra Pacific’s Red Bluff, California Windows Plant as well as the two newly acquired Hurd and Superseal Window and Door plants in Wisconsin. 

Takach joins SP Windows with over 21 years of experience in the window and door industry – much of which was earned with Jeld-Wen, one of the largest producers of windows and doors in the United States. 

“We are pleased that Tom has joined Sierra Pacific at a time when we are expanding our sales and manufacturing capabilities” said Kendall Pierson, president of Sierra Pacific Windows. “His background and experience have prepared him for managing the increases in sales and production we expect at our Red Bluff and Hurd facilities,” Pierson added.

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Hovnavian enters the Charleston market

BY David Salazar

Red Bank, New Jersey-based Homebuilder Hovnavian enterprises announced this week that it plans to build a community in Summersville, South Carolina. The gated community, Four Seasons at Lakes of Cane Bay, will contain 800 homes.

"We are extremely excited about the opportunity to build a K. Hovnanian’s Four Seasons community in South Carolina," the company’s board chairman, President and CEO, Ara Hovnanian said. "Given the strong demographic trends, we have talked about expanding our active adult offering into new markets, and we believe we found a great location that will allow us to take advantage of the growth opportunities that are present in Charleston."

The Summersville development will be built around a 250-acre lake and in a location with access to several nature trails. It will also have a fitness center, as well as various spaces for sports like tennis and bocce ball.

"We are thrilled to have K. Hovnanian’s Four Seasons at Cane Bay,” the project’s developer, Ben Gramling III, said. “As one of the most respected builders in the industry, their commitment to quality and innovation is a welcome addition to our community. Hovnanian’s attention to detail in both design and construction set against the backdrop of our expansive lake system and walking trails will give residents an unsurpassed quality of life."

The template on which the Summersville community is ranked number 19 among the top-selling communities in the U.S. Currently, a welcome center is slated to open for the Four Seasons in the fall.

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