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Lancaster names new marketing executive

BY HBSDEALER Staff

Lancaster, a paint sundries distributor, has appointed Geff Lynch as its new senior VP sales and marketing. Lynch will oversee all sales and marketing functions for the Lancaster/Five Star groups.

Lynch is replacing Bruce Sherman, who is leaving the company to spend more time with his family. Sherman has served in the role of VP field sales for Five Star this past year and previously held the position of CEO for The Five Star Group.

Lynch has worked as VP marketing at The Merit Group since January 2008. He has a 24-year background in the paint sundry industry, including sales and marketing positions for GMG Distributors and Gaco Western.

Headquartered in Spartanburg, S.C., The Merit Group distributes its products through its Lancaster, Five Star, Merit Trade Source and Merit Pro trade names. The company, which operates nine distribution centers, serves more than 10,000 retail locations including national, regional and independent paint chains, home improvement centers, hardware stores, lumberyards and drywall yards in the United States, the Caribbean, and Central and South America.

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In September, an uptick in starts

BY HBSDEALER Staff

While still nothing to celebrate, September was the best month for housing starts since April, according to data released Tuesday by the Department of Commerce.

Total September housing starts came in at a seasonally adjusted annual rate of 610,000, a 0.3% increase above the upwardly revised August estimate. The September figure is also 4.1% above the September 2009 rate of 586,000.

Single-family housing starts were at a rate of 452,000, up 4.4% above the downwardly revised August figure of 433,000. While still near the record low pace of 420,000, it’s the highest rate since May.

On a regional basis, single-family residential construction in the Northeast increased 66.7% compared with last month and increased 17.6% compared with the same month last year. However, in the South, year-over-year single-family starts declined 17.0%, and month-to-month starts were flat.

Building permits in September were at a rate of 539,000, down 5.6% from the revised August rate, and down 10.9% from the September 2009 estimate. Single-family building permits were up 0.5% to a rate of 405,000.

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Tractor Supply store slated for Maine

BY HBSDEALER Staff

Anew Tractor Supply store is planned for next year in an old L.L. Bean call center in Waterville, Maine, according to the Morning Sentinel.

The article said the Waterville planning board recently approved revisions to the previously approved plan for the 24,000-sq.-ft. store.

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