News

Makita promotes power of cordless saw

BY HBSDEALER Staff

With two 18V LXT Lithium-Ion batteries, the Makita Cordless 7-1/4-inch Circular Saw brings 4,800 RPM for fast cutting and ripping and the kind of performance normally found in a corded saw.

With up to 250 cuts per charge, the saw’s batteries require only 30 minutes of charge time. 

Other features of the product, billed as the “world’s first cordless circular saw powered by two 18V batteries” are a large cutting capacity, a bevel capacity and built-in dust blower.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

POLLS

How concerned are you that a trade war could hurt your business?
News

Sherwin-Williams posts robust sales gain

BY HBSDealer Staff

Sherwin-Williams reported a 12.1% sales increase and a corresponding boost in income for the second quarter.

The company took in net sales of $3.04 billion over the three months ended June 30, up from $2.71 billion in the second quarter of 2013.

The increase was largely buoyed by a 17.2% increase in net sales for the Paint Stores Group, due in large part to higher architectural paint sales volume.

This translated to a 13.3% boost in net income: $291.45 million in 2014, compared with $257.29 million in 2013.

"We are pleased with the continued strong positive sales and earnings-per-share momentum," said chairman and CEO Christopher Connor.

Connor added that the Comex acquisition is exceeding performance expectations. Additionally, 33 net new stores in the Paint Stores Group are expected to be topped off by 47 to 57 more for the year.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

POLLS

How concerned are you that a trade war could hurt your business?
News

Housing starts drop 9.3% in June

BY HBSDealer Staff

Housing starts dropped for the second month in a row in June, this time even more sharply — at a seasonally adjusted annual rate of 893,000, starts were down 9.3% from May’s downwardly revised rate of 985,000.

The decrease rode almost entirely on the back of the southern United States, which dropped 29.6% since May. Every other region of the country posted increases, led by a 28.1% gain in the Midwest.

Despite the surprisingly steep drop, June’s starts were still a 7.5% improvement over last year’s rate of 831,000.

In terms of single-family starts, a rate of 575,000 registered a 9.0% drop from May’s revised figure of 632,000.

Building permits also fell, but not as much. Privately owned housing units authorized by building permits clocked in at a seasonally adjusted annual rate of 963,000, 4.2% below May’s rate and 2.7% above June 2013’s estimate.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

POLLS

How concerned are you that a trade war could hurt your business?