News

N-Hance looks to refinish D.C.

BY HBSDealer Staff

Describing itself as the "only wood refinishing company with a presence in more than 1,550 Home Depots across the nation," N-Hance Wood Renewal announced it hopes to expand its franchise network in the Washington, D.C., area.

N-Hance Wood Renewal is a national franchise that specializes in the refinishing of hardwood floors and kitchen cabinets.

“As the economy continues to improve and the nation is spending more money on home improvements, N-Hance is seeking prospects throughout the greater Washington, D.C., region who will make successful franchise partners and help our great company continue a high level of growth,” said Ryan Combe, SVP development of N-Hance wood Renewal. “Our ability to stay ahead of trends in the home improvement industry and remain opportunistic about consumer demands has positioned us for significant franchise growth.”

With more than 380 units nationwide, the Logan, Utah-based company said it expects to close 2015 with the addition of 100 new franchise units across the United States, according to the announcement.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

POLLS

How much credit should be given to the co-op business model for the success of the independent hardware and building supply dealer over the last half century?
News

Grill players cook up a deal

BY HBSDealer Staff

Downey California-based Lynx Grills has a new owner: The Middleby Corp. of Elgin, Illinois. Lynx manufactures residential outdoor equipment under the Lynx and Sedona brands. Its sales were about $50 million last year.

Pointing to Lynx's exclusive products and category leadership, Middleby Corp. CEO Selim A. Bassoul said: “Lynx is a highly complementary fit with our growing portfolio of premium residential brands. We are excited about the continued growth opportunities of the Lynx and Sedona brands, which we believe can be further enhanced within the broader Middleby group.”

The Lynx product offerings include the Professional Series of built-in and free-standing grills and the Sedona by Lynx line. Lynx features a variety of island styles. Hallmark features of Lynx Grills include handcrafted construction, integrated illumination, hot surface ignition, heat stabilizer and the Trident ProSear technology. ProSear allows for precise grill temperature control to cook a variety of foods at different temperatures at the same time.

The company will continue operations and manufacturing from its Downey, California, headquarters.

The Middleby Corporation is a global player in the foodservice equipment industry. Its brands also include Viking, Falcon, Grange and Heartland, among others.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

POLLS

How much credit should be given to the co-op business model for the success of the independent hardware and building supply dealer over the last half century?
News

Whirlpool calls out Samsung and LG for illegal dumping (again)

BY HBSDealer Staff

Whirlpool Corporation has filed an antidumping petition against Samsung and LG for their alleged practice of dumping washers into the United States.

The petition, which was filed with the U.S. Department of Commerce and the U.S. International Trade Commission, details the manufacturers' alleged history of pricing appliances below cost.

The petition is a sign of renewed focus on the issue of illegal dumping. In a separate case, Whirlpool had issued a statement in January 2014 stating that it was concluding its involvement in the refrigeration appeal over LG and Samsung's illegal appliance trade activity, having felt satisfied with bringing the issue to the government's attention.

The appliances in question include full-size top-load clothes washers and full-size front-load clothes washers, as well as certain washer components for large residential clothes washer cabinets, tubs and baskets/drums.

"Simply put, beginning in 2013, Samsung and LG replaced their dumped washers from Korea and Mexico with dumped washers from China," said Marc Bitzer, president and COO for Whirlpool Corporation. "Since then, Samsung and LG have blatantly ignored a previous U.S. government order by continuing to dump washers into the United States. At Whirlpool, we know that open, rules-based trade ensures the highest level of innovation and choice for consumers. Our ability to innovate, invest and continue to manufacture here in the U.S. is undermined when foreign competitors willfully defy U.S. government rulings. We have continuously monitored this situation during the past several years and have spent the past several months preparing this petition as the next step in an ongoing effort to prevent this serial dumping."

According to Whirlpool, Samsung and LG were found to be illegally dumping residential clothes washers exported to the U.S. from South Korea and Mexico in 2013, but rather than abide by trade remedies (or higher tariffs) approved by the U.S. government, the companies merely moved their production facilities to China and continued their dumping practice.

Whirlpool anticipates having a preliminary antidumping determination in July 2016, with the U.S. Department of Commerce expected to release its final determination that following December. In January 2017, the U.S. International Trade Commission is expected to release its final determination regarding injury to the U.S. clothes washer industry caused by the dumped imports

Whirlpool's history with LG and Samsung goes back several years. The courts initially sided with Whirlpool but then changed tracks, ruling that dumping had not caused material injury to American manufacturing. Whirlpool later appealed the decision and won.

At the time of the initial ruling, Samsung had stated that it was “disappointed that the Commerce Department continues to use discredited methodology” to calculate its antidumping margins.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

POLLS

How much credit should be given to the co-op business model for the success of the independent hardware and building supply dealer over the last half century?