Maine dealer purchases eight-acre parcel
Eldredge Lumber & Hardware has bought the former Central Maine Power building in York, Maine for $1.34 million, according to an article posted on Seacostonline.com.
The building and 7.9-acre property, which has been on the market for years, has an assessed value of $1.6 million.
Eldredge Lumber & Hardware, which has a store located further down Route 1, may use the new building as a distribution center, according to manager Dan Remick. "There are no concrete plans as yet," Remick told the news outlet.
Built in 1988, the large commercial space once housed Central Maine Power offices and was once considered as a possible location for a municipal complex or town hall.
Eldredge Lumber & Hardware, headquartered in York, Maine, also operates Portland Eldredge Lumber in Portland, Maine and Kittery Ace Hardware in Kittery, Maine.
Owens Corning introduces digital commercial product guide
Owens Corning has announced a new interactive digital Division 22/23 Mechanical Manufacturer’s Guide eBook to make it convenient for mechanical engineers and building specifiers to access product information on job sites or at the office.
Professionals in the commercial building industry will have quick and easy access to duct, pipe and HVAC equipment insulation solutions, product data sheets, CSI MasterFormat three-part system specifications and green building program guides. The new eBook is available online at division2233.owenscorning.com and can be downloaded through Apple and Android app stores.
"Owens Corning led the industry when we launched the first Division 7 Thermal and Moisture Protection eBook, and we are proud to broaden this offering with the addition of our expanded digital catalog," said Paul Smith, VP of BMG Marketing. "Owens Corning is committed to providing our customers with digital solutions and mobile communications tools that help them have a more productive, flexible working experience."
Users can view the Division 7 Thermal and Moisture Protection and Division 22/23 Mechanical Manufacturer’s Guide eBooks at solutions.owenscorning.com.
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Jeld-Wen CFO departs
Window and door manufacturer Jeld-Wen announced that executive VP and CFO Neil Stuart has resigned, effective Sept. 28. No reason was given for his departure.
The Klamath Falls, Ore.-based company expects to name a successor shortly. Stuart has agreed to stay engaged with Jeld-Wen through October to help with a smooth transition, the announcement said.
Stuart became CFO at Jeld-Wen in 2009, and was credited with leading a bond sale that kept the private door and window manufacturer afloat during the housing bust. The family-owned company was taken over last year by the Onex Co., a Toronto private equity firm.
Prior to Jeld-Wen, Stuart was CFO of Pope & Talbot in 2007 when the Portland wood products company filed for bankruptcy.
“[Stuart] has played a key role at the company during one of the most challenging times the building industry has faced,” said Jeld-Wen president Philip Orsino. “He has led significant change in the company and helped position it to grow and prosper, including his efforts in the successful recapitalization involving the equity investment by Onex Corp.”
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