Lumber Liquidators responds to formaldehyde accusations
Lumber Liquidators Holdings has issued a formal response to HCN’s inquiries regarding recent accusations that its products contain illegal levels of formaldehyde:
"We stand by our products and take very seriously any questions or concerns about our quality. Our comprehensive quality control system is designed to ensure Lumber Liquidators’ customers receive the best and safest flooring possible. This is a promise we guarantee. We have strict product specifications and more than 40 quality control associates deployed across three continents to ensure compliance. In addition, we regularly confirm our own product compliance utilizing recognized independent laboratories that test against the stringent regulatory standards. The result is a product we are confident to put in our own homes."
Eco Building Products announces mainstream status to shareholders
Steve Conboy, President and CEO of Eco Building Products, Inc., has issued a letter to the company’s shareholders announcing the manufacturer’s entry into the mainstream market.
"Moving forward with the company’s newly focused supply-only operation; a lean, reorganized and restructured company has effectively transitioned from its previous business plan," said Conboy. "Gone are the days of turn-key, labor-driven red buildings; we are now well-positioned to support the supply chain side of the industry by way of coating services and special orders sales."
The company’s flagship product, Eco Red Shield protected lumber, is cited for its role in bringing the Eco Building Products name to the big-box retail arena.
Conboy also announced the addition of Disaster Break Coating to its line of Eco Disaster Products, which adds additional mold and fire protection to raw lumber.
Eco Building Products has established a relationship with the as-yet unnamed large national retailer that includes in-store sales, direct to distribution sales and special order sales. Eco’s Fire Break and Christmas Tree Protection products will also be available on the retailer’s web site.
Additionally, Conboy announced that the company will be launching several special order and direct to store sales pilot programs in the Northeast and Southern California.
According to the company, Eco protected lumber is positioning itself to be the industry standard, particularly in fire and mold-prone regions.
PEOPLE IN THE NEWS: Doyle Simons
Timberlands dealer and wood manufacturer Weyerhaeuser Co. has a new president and CEO, effective Aug. 1. Doyle Simons will be succeeding incumbent retiree Dan Fulton, who will then serve as executive vice chairman of the board of directors until his retirement in October.
Simons, who was previously chairman and CEO of Temple-Inland, is currently acting as CEO elect for Weyerhaeuser and has been serving on its board of directors since June 2012. He was also appointed RISI’s 2009 North American CEO of the Year in the paper and forest products industry.
"As former CEO and chairman of Temple-Inland, Doyle has a proven track record of driving performance to achieve results," said Chuck Williamson, chairman of Weyerhaeuser’s board of directors. "He has deep experience in the forest products industry, broad business and functional expertise and a passion for operational excellence."
Both Simons and Fulton have proven track records of navigating challenging economic climates, according to the company. Fulton stated that he expects that Simons will maintain Weyerhaeuser’s competitive edge as the housing recovery continues.