Industry Dashboard for Jan. 17, 2011
Unadjusted monthly retail sales for November, the most recent month of data availability for both NAICS 444 and 44413, shows home centers, pro dealers and hardware stores significantly ahead of last year. Also ahead of last year is the price of a gallon of gas — up 34 cents to $3.09.
Elsewhere on the Dashboard, Weyerhaeuser and Sherwin-Williams are two of the brightest stocks on the Home Channel Stock Roundup. Housing starts will be released by the Department of Commerce this week.
Maker of hand sanitizers signs contracts with co-ops
Muscatine, Iowa-based Prefense, maker of Prefenz Botanicals hand sanitizers, has signed several contracts with major retailers, including Do it Best and True Value, according to the DesMoines Register.
The sanitizer uses a silica compound, instead of alcohol, to provide a germ-shredding barrier for up to 24 hours. The company, which was formed in 2008, expects a minimum of $2 million in sales for 2010, according to the article.
Craftsman gives quick boost to power tools
Craftsman is bringing to market a charger called the QuickBoost that brings dead batteries up to 25% power in three minutes.
The QuickBoost Charger represents a time saving technology for the Craftsman brand’s cordless line of 12-volt lithium-ion NexTec power tools.
The product "was developed in response to our customers’ desire for innovative time-saving solutions," said Kris Malkoski, VP and general manager of the Craftsman brand. "When a battery runs out of power, it can be frustrating to have to wait 30 minutes or more for a charge when the project is almost complete. Now the user only has to wait three minutes and can get back to work right away."
While in use, the charger’s on board diagnostics monitor the battery’s progress, indicating the battery’s status in the process including "charged", "charging", "complete" and "over temperature" using red, yellow and green LED lights.
The company debuted the product line at the 2011 International Builders’ Show in Orlando.