Matthew Thornton elected to Sherwin-Williams board
The board of directors at the Sherwin-Williams Company elected Matthew Thornton III as its newest member.
Effective July 16, Thornton will join the board as its tenth director, as well as a member of its audit committee.
"We are very pleased to have Matt join our board of directors," said Christopher Connor, chairman and CEO. "Matt is a proven business leader and brings more than 35 years of broad management and operations experience at Federal Express to the Board. He will add a valuable perspective to the board, and we look forward to his contributions and guidance to Sherwin-Williams and our shareholders for many years to come."
Thornton is currently SVP U.S. operations at FedEx Express, where he’s been working since 1978. He has held various management positions with the company since joining as a package handler.
Halco recalls LED bulbs over burn hazards
Norcross, Georgia-based Halco Lighting Technologies is recalling about 9,500 of its ProLED bulbs after receiving reports of potential overheating and falling hazards.
According to the Consumer Product Safety Commission, there were five reports of the bulbs separating from the sockets, and the bulbs have a tendency to overheat and fall on consumers below. No injuries have been reported, however.
The bulbs in question are used in recessed lights, as outdoor security lighting and in retail displays. They come in 14 or 18-watt styles and have a metal cone-shaped housing.
The Chinese-manufactured bulbs were sold at lighting retailers and distributors in the U.S. between June 2009 and March 2014.
The model numbers included in the recall are listed on the CPSC website.
Ferguson builds in the Northeast
Newport News, Virginia-based plumbing distributor Ferguson is building a new distribution center in Coxsackie, New York. The company has also leased property for a regional distribution hub in Secaucus, New Jersey.
The two facilities will house almost 1 million sq. ft. of warehouse space and will support Ferguson’s metro New York and Northeast branches, ensuring that customers receive product quickly.
Ferguson is the largest wholesale plumbing distributor in the United States.
In New York, groundbreaking is scheduled for mid-August with a proposed completion date of late summer 2015. The New Jersey shipping hub is expected to open in the first quarter of 2015.
“Our acquisitions and the addition of these two facilities secure Ferguson’s presence in the Northeast,” said Ferguson CEO Frank Roach. “Our investment in the region is based on our philosophy to always strive to better serve our customers.”
In recent months, Ferguson has increased its investment in the Northeast. The company made several acquisitions in New York and New Jersey, including The Davidson Group, Davis & Warshow and Karl’s Appliance, complementing its more than 100 already existing Ferguson locations in the region.