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Master Lock stresses education during National Preparedness Month

BY HBSDealer Staff

In observance of September’s National Preparedness Month, Master Lock is launching a campaign aimed at educating consumers on basic emergency preparation guidelines.

Among the tips offered by Master Lock are:

• Signing up for alerts from FEMA;
• Understanding common terms used by news and weather reporters;
• Keeping digital copies of important documents such as passports and insurance policies;
• Create a family evacuation plan; and
• Build an emergency disaster kit containing water, non-perishable food items, a radio, flashlight, batteries, first aid supplies and more

"We often think that emergencies won’t happen to us," said Mario Armstrong, a Master Lock representative. "In reality, emergencies catch families off guard all the time, which can make our digital lives very vulnerable. Technology is making it easier than ever to stay informed of emergencies and safeguard what’s most important in these situations — our loved ones, our digital memories and the items that can help us with a speedy recovery."

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Cemex bolsters its European presence via Holcim deal

BY HBSDealer Staff

Cemex has reached an agreement to acquire some of Holcim’s assets for 70 million euros, a move aimed at strengthening the building materials company’s footprint in Europe.

“When finalized, this will be an important strategic step that should allow Cemex to improve its footprint in Europe, and it will consolidate our portfolio in the continent,” said Lorenzo H. Zambrano, Chairman and CEO of Cemex.

Specifically, Cemex is set to acquire all of Holcim’s assets in the Czech Republic, including a cement plant, four aggregates quarries and 17 ready-mix plants.

In Germany, Cemex is divesting its assets in the western part of the country to Holcim, including a cement plant, two grinding mills, one slag granulator, 22 aggregates quarries and 79 ready-mix plants.

Cemex and Holcim will combine all operations in Spain, with Cemex maintaining a 75% controlling interest over the combined assets.

All together, the transactions are expected to fuels gains in Cemex’s EBITDA of roughly $20-30 million. They are not final and are subject to the fulfillment of various conditions and due diligence. The company expects to finalize the deal in the fourth quarter of this year.

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Cabot announces new Premium Wood Finish

BY HBSDealer Staff

Cabot Premium Woodcare has announced the arrival of its newest interior wood product. Premium Wood Finish uses a patented, water-based H20il formula that conditions, seals and protects in one step.

"This new product is a great way to transform furniture," said Russ Neale, Cabot’s marketing director. "Whether it’s a family heirloom that needs an updated look, a great thrift store find that needs a simple touch-up, or a piece of bare wood that needs a little life breathed into it — this product can do it all. It comes in a variety of vibrant colors that lay out smooth to show off the wood’s character, and dries quickly so you can display the finished piece in just six hours."

The product aims to reduce steps and man-hours, resulting in a streamlined application with a fast-drying formula (the finish dries in two and a half hours between coats and fully in six hours).

According to the company, Cabot Premium Wood Finish aims to protect better than leading all-in-one and water-based top coats, resisting damage from water rings and household chemicals like bleach, alcohol and nail polish remover.

Additionally, the product can be applied without a primer or conditioner, and it washes off with soap and water. Its colorfast pigments can be tinted to nearly 30 different colors.

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