Laticrete appoints director of sales
Laticrete, a manufacturer of systems for the installation of ceramic tile and stone, has promoted Ron Nash to director of sales, Architectural Products Division. In this role, Nash will create and lead in the execution of sales initiatives.
“The region sales managers in position are very strong,” Nash said. “My job will be to help them execute our plan. As a group, we need to stay focused on execution. In tough times, there isn’t a lot of new business, so we need to execute better than our competition to gain market share.”
Nash joined Laticrete in 2004 and has won several awards since, including the Timothy J. Alper Award for customer service; sales representative of the year, which was selected by his distributor, Inland Northwest; and the Laticrete “Above and Beyond” presidential award. Prior to this promotion, Nash was the region sales manager for the Laticrete California region.
Do it Best names education services coordinator
Dave Heffley was recently named education services coordinator for Do it Best, the Fort Wayne, Ind.-based co-op announced.
In this position, Heffley will coordinate promotional materials and special events for the co-op’s buying markets and will be responsible for the coordination of educational classes and materials to increase the awareness of and participation in Do it Best retail solutions.
Heffley joined Do it Best in 1994 as an account specialist and installer for the Retail Data Processing support department. Prior to that, he was a sales representative with John Hancock Insurance and with Monroe Systems.
In addition, Heffley has been actively involved with Do it Best’s employee board, organizing special events and activities for corporate office employees.
Ainsworth reports Q3 loss
Vancouver, B.C.-based forest products company Ainsworth Lumber reported a net loss of C$42.7 million (US$34.6 million) for the third quarter ended Sept. 30, compared to a net loss of C$37.2 million (US$30.2 million) for the same period last year.
Sales for the quarter stood at C$115.3 million (US$93.5 million), down 24 percent from C$150.8 million (US$122.2 million) in the year-ago period. According to the company, reduced shipment volumes due to production curtailments led to the decrease in sales.
Year to date, the company reported a net loss of C$165.1 million (US$133.7 million), a C$133.1 million increase in losses from the same period in 2007.
In July, Ainsworth completed a financial recapitalization, resulting in the “realignment of equity and non-equity interests, significant de-leveraging of the balance sheet and a strengthened liquidity position.” Following the recapitalization, the company’s management team moved to lower overhead costs with a decrease in staff, office space and administrative costs.
Third-quarter OSB shipments were 481,354 msf , down 25 percent from the same period last year, due to decreased customer demand and plant closures. The company permanently closed its Grand Rapids, Minn., OSB mill and indefinitely curtailed production at two other northern Minnesota-based OSB mills in Cook and Bemidji.