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Mohawk to purchase Pergo

BY Brae Canlen

Mohawk Industries has agreed to purchase Pergo, one of the original manufacturers of laminate flooring, for $150 million in cash. Pergo’s sales in 2011 were approximately $320 million in the United States and Europe, and the deal would include two production facilities in the United States and two in Sweden.

In a prepared statement, Mohawk chairman and CEO Jeffrey Lorberbaum said: "This acquisition complements our specialty distribution network with Pergo’s strength in the U.S. DIY channel. In addition, Pergo leverages our geographic position and provides opportunities to enhance Unilin’s patent portfolio. The combination of the entities offers significant opportunities to optimize the assets of both companies while enhancing the design and product performance of both brands."

Based in Calhoun, Ga., Mohawk is a leading supplier of carpet, ceramic tile, laminate, wood, stone, vinyl and rugs. The company serves both commercial and residential markets.

 

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Leader of shoplifting ring faces four-year prison sentence

BY Brae Canlen

A man suspected of stealing more than $100,000 worth of merchandise from 70 Home Depot stores pled guilty on Oct. 23 to a charge of organized retail theft in a Morristown, N.J. Superior Court, according to an article in the Daily Record.

Julio Arriola Suarez, 49, will face a four-year sentence at a Dec. 14 hearing as the result of his guilty plea, according to the article. He was charged with leading a group of four other men who stole items from Home Depot stores throughout New Jersey and in New York, Pennsylvania, Delaware, Maryland and Virginia between 2011 and April 2012, when the suspects were arrested.

According to prosecutors, the shoplifting ring hit several Home Depot stores a day, “under-ringing” items through self-checkout and using various tactics to hide their activities from security cameras and store workers. Home Depot’s Central Investigation Team aided the New Jersey Attorney General’s Office and local police authorities in breaking up the retail theft enterprise.

Suarez, a suspected undocumented immigrant from Central America, remains in custody. Three other men in the ring already pleaded guilty to third-degree shoplifting. A fifth suspect is a fugitive. 

The three defendants who previously admitted to shoplifting face sentences in November of 364 days in the Morris County jail and probation.

 

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FTC: Two paint companies mislead consumers over VOC content

BY Brae Canlen

Sherwin-Williams and PPG Architectural Coatings, two of the industry’s leading paint manufacturers, have agreed to settle a Federal Trade Commission (FTC) charge that they misled consumers to believe that some of their paints are free of volatile organic compounds (VOCs).

According to an FTC press release, Sherwin-Williams and PPG make their “zero-VOC” claims through a variety of media, including brochures, point-of-purchase marketing, product labels and the Internet. Some of these materials are disseminated to independent distributors. The FTC contends that consumers most likely interpret the companies’ “zero-VOC” claims as applying to the final product — tinted paint.

In many instances, the FTC said, both Sherwin-Williams’s Dutch Boy Refresh and PPG’s Pure Performance paints contain more than trace levels of VOCs after the base paint is tinted. The complaints also charge the companies with distributing promotional materials that provided independent retailers with the means to deceptively advertise that the companies’ paints contain zero VOCs.

The proposed consent orders settling the FTC’s charges are the same for both Sherwin-Williams and PPG. First, they prohibit the companies from claiming that their paints contain “zero VOCs,” unless, after tinting, they have a VOC level of zero grams per liter, or the companies have competent and reliable scientific evidence that the paint contains no more than trace levels of VOCs. The definition of “trace” comes from the “trace amount” test included in the FTC’s recently released updated Green Guides for environmental marketing claims.

The FTC agreement will also require the companies to clearly and prominently disclose that the “zero VOC” claims apply only to the base paint, and that depending on the consumer’s color choice, the VOC level may rise. In cases where the tinted paint’s VOC level could be 50 grams per liter or more, the proposed orders require the companies to disclose that the VOC level may increase “significantly” or “up to [the highest possible VOC level after tinting].” In addition, the orders prohibit the companies from making any VOC claim or other environmental claim unless it is true and not misleading, and unless the companies have competent scientific evidence to back it up.

Finally, the proposed orders prohibit both Sherwin-Williams and PPG from providing anyone, including independent retailers or distributors, with the means of making any of the prohibited deceptive claims. The orders also would require the companies to send letters to retailers requiring them to remove all ads for the covered paints that have “zero VOC” claims and putting corrective stickers on current paint cans making these claims. 

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J.Swart says:
Nov-02-2012 06:45 pm

There is an awesome Zero-VOC
There is an awesome Zero-VOC by YOLO Paint. They are based out of Portland, Oregon. The base is Zero-VOC and the pigment to color the base is Zero-VOC.

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