Merit Group names purchasing exec
The Merit Group, a nationwide distributor of paint sundries that does business as Lancaster and Five Star, has announced the appointment of Mike Smith as its new VP procurement. Smith will succeed Pat Rourke, who served as VP procurement since 2003.
Smith has been in the role of president of Merit Supply, a division of the Merit Group specializing in the automotive aftermarket, for the past 11 years and will continue to oversee this division in his new role. Prior to that, Smith held the positions of VP purchasing and purchasing director from 1992 to 2000.
“There are tremendous opportunities ahead for the Merit Group,” Smith said. “I look forward to this opportunity to lead the procurement team as we strengthen the relationships we have with our vendors and partners in the industry.”
Based in Spartanburg, S.C., the Merit Group filed a voluntary petition for Chapter 11 bankruptcy protection last month. The company has obtained a commitment for a $55 million debtor in possession financing from its senior lender to continue operations during the reorganization process. But it has also announced its intention to explore a possible sale as a strategic alternative.
Founded as Lancaster Supply in 1953, Merit Group serves national, regional and independent paint chains, home improvement centers, hardware stores, lumberyards and drywall yards in the United States, the Caribbean and Central and South America. Its distribution centers are located in South Carolina, Florida, Texas, California, Utah, Kentucky, New Jersey and New York.
Year by year, the Home Channel Hall of Fame
The year 2004 marked the inauguration of the Home Channel Hall of Fame, with four deserving honorees, including Home Depot founders Bernie Marcus and Arthur Blank, inducted during the Golden Hammer Awards ceremony.
The inaugural Hall of Fame induction ceremony also honored Joe Orgill, chairman of Orgill, and Joe Hardy, founder of 84 Lumber.
Here are the Home Channel Hall of Fame inductees listed in chronological order:
2004: Bernie Marcus, co-founder, Home Depot
2004: Arthur Blank, co-founder, Home Depot
2004: Joe Hardy, founder, 84 Lumber
2004: Joe Orgill, Chairman, Orgill Inc.
2005: Dave Hodnik, former Ace Hardware president and CEO
2006: Mike McClelland, President Emeritus, Do It Best Corp.
2007: Robert Strickland, Chairman Emeritus Lowe’s
2008: Howard Ellsberry, Westlake Ace Hardware
2009: Lyle Heidemann, True Value Co.
2010: Pat Farrah, The Home Depot
2011: Larry Stone, Lowe’s Cos.
DriTac’s adhesives and sealers meet Green Label Plus
Clifton, N.J.-based DriTac Flooring Products has launched a full line of adhesives and concrete sealers that have been certified by the Carpet and Rug Institute’s (CRI) Green Label Plus Program for Indoor Air Quality (IAQ).
According to the Carpet and Rug Institute, Green Label Plus is a voluntary, industry-testing program for carpet and adhesive products that establishes the highest standard for indoor air quality. The Carpet and Rug Institute created Green Label Plus to identify carpets and adhesives that are tested by an independent, certified laboratory and meet stringent criteria for low chemical emissions.
Manufactured in the United States, DriTac’s line — DriTac 1001 All-In-One Urethane Adhesive/4-In-1 System, DriTac 7500 Eco-Urethane Adhesive, DriTac 7700 Easy Clean MS Polymer Adhesive, DriTac 9200 FasTac Polymeric Resin Adhesive and DriTac Eco-8000 Moisture Guard Concrete Moisture Barrier and Crack Suppressant — all offer zero VOCs and zero solvents, according to the company.