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Man attempts to steal display items

BY Brae Canlen

A man was arrested in Newark, Del., after police say he unsuccessfully tried to steal tools and copper wire from a display at a Home Depot store.

The Aug. 4 incident began when Martin Goodwin Jr. allegedly attempted to remove rolls of copper wire from a display shelf, which were secured and required the help of an employee. According to a press release issued by the Delaware State Police, Goodwin then proceeded to remove other types of wire that were not secured, as well as assorted tools from a display, and placed them into a shopping cart. He then attempted to exit the store without paying for the merchandise. 

Goodwin was then confronted by three store employees who attempted to detain him. He allegedly produced a box cutter knife and threatened the employees with it, as well as informing the employees that he was armed with a gun. As the employees attempted to disarm Goodwin, one of the workers was cut on his hand. The employees were finally able to subdue the suspect and escorted him to the security office where state police were then contacted. A gun was not located.

After state troopers arrived and began questioning Goodwin, he tried to escape but was apprehended as he exited through a rear door. Further investigation revealed that the suspect had arrived at Home Depot in a stolen Jeep Wrangler, police said. 

Goodwin was arrested and charged with a number of crimes. His bail was set at $107,000.

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Lowe’s authorizes buyback program

BY HBSDealer Staff

Lowe’s board of directors has authorized the repurchase of up to $5 billion of the company’s common stock, along with a quarterly cash dividend of cents ($0.14) per share, payable Nov. 2, 2011, to shareholders of record as of Oct. 19, 2011.

Although this new repurchase program has no expiration date, the company expects to use the full amount over the next two to three years. The repurchases will be subject to market conditions and will be made from time to time either in the open market or through private transactions in accordance with the requirements of the Securities and Exchange Commission. The company’s repurchase program may be suspended, discontinued or resumed at any time, according to a Sept. 22 announcement. 

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RESNET and Dow Building Solutions join forces

BY HBSDealer Staff

Dow Building Solutions announced a deal with Residential Energy Services Network (RESNET) to promote improved home energy performance in the United States.

The two companies strive to accomplish this goal by encouraging building industry professionals to become trained and certified as RESNET EnergySmart Contractors or Builders. RESNET is an independent, non-profit organization that was founded to help homeowners reduce the cost of their utility bills by making their homes more energy efficient.

Dow Building Solutions and RESNET will connect qualified EnergySmart insulation contractors and certified energy auditors at a local level to share information and best practices about inspecting and testing a home’s energy performance, and cost-effective improvements to increase its energy efficiency.

“Dow Building Solutions is proud to collaborate with RESNET to educate the industry on how to safely and properly achieve high performing homes,” said Dale Winger, market manager, Dow Building Solutions. “Dow Building Solutions has been providing advanced building science expertise to the industry for decades, and by encouraging builders and contractors to become EnergySmart-certified, we come closer to meeting the shared goal of making homes more energy efficient and affordable for homeowners.”

 

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