Kobalt adds power to its lineup
The Lowe’s brand Kobalt announced the addition of 18-volt and corded power tools to its line.
The new line of cordless tools also ensure that power will never be a problem for users, as all Kobalt 18V tools are compatible with both Kobalt lithium-ion, as well as nickel cadmium (NiCd) batteries.
The new line of 18-volt Kobalt Power Tools includes Kobalt 18-volt Cordless Combo Kits (Complete with drill/driver, reciprocating saw, circular saw and LED worklight.), the 18-Volt Lithium-Ion Cordless Combo Kit (Item #325928, $269) and the 18-Volt NiCd Cordless Combo Kit (Item #325916, $169).
Kobalt 18-volt Cordless Accessories are the Lithium-Ion/NiCd Charger, Compact Lithium-Ion Battery, Extended Run Lithium-Ion Battery and NiCd Battery.
Simpson names new chairman, CEO
Pleasanton, Calif.-based Simpson Manufacturing has appointed Tom Fitzmyers as its new chairman. Fitzmyers has been with Simpson since 1978 and has led the company in the role of CEO since it went public in 1994. Barclay Simpson, who founded the company more than 50 years ago, will assume the position of chairman emeritus.
“I can’t tell you how proud I am to have Tom Fitzmyers step into the role of chairman. Tom is largely responsible for our success over the years, and this move is more than well deserved. I have never been more excited about the future of our company,” said Simpson, who will continue to be a board member.
In addition, the company has announced that Karen Colonias will assume Fitzmyers’ role as president and CEO. Colonias was most recently CFO of Simpson. In her 27-year history with the company, she has held a number of positions, including engineering manager, VP engineering, and VP and branch manager of one of the company’s largest profit centers.
Terry Kingsfather will continue as president and CEO of Simpson Strong-Tie Co. Kingsfather has been with the company for 32 years and will continue to lead the sales and marketing efforts.
A. O. Smith launches new line of boilers
Ashland City, Tenn.-based A. O. Smith launched a new line of XP Boilers and XP Automatic Circulating Water Heaters for large-volume commercial applications. Designed for versatility and energy savings, these units bring together touchscreen simplicity and high-efficiency operation and reliability, according to the manufacturer.
Pointing to control features and modulating capabilities, A. O. Smith said the XP represents the latest in high-efficiency fully condensing boilers. XP models are designed to be used in both hydronic and potable hot water applications, such as large-volume, full-service hotels and high-rise apartment complexes as well as resorts, government buildings, schools and hospitals.
"A. O. Smith is committed to moving the industry forward in energy efficiency, introducing new options that meet a comprehensive range of commercial applications in order to reduce utility bills and power demand,” said Ajita Rajendra, A. O. Smith president and chief operating officer. “Our brand promise is energy-efficient products, and we’re delivering on that promise once again with the XP product line.”