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Sedam to address labor shortage

BY HBSDEALER Staff

Scott Sedam, president of TrueNorth Development, will deliver a presentation on the supplier/trade shortage during the 2014 PCBC event in San Francisco, June 25 to 26.

According to the write-up about the presentation in the PCBC agenda: “The combination of housing growth, stalled national immigration reform and more aggressive state immigration laws has resulted in trade shortages nearly everywhere in America.”

Sedam’s June 25 presentation, “New Rules, New Thinking,” is open to all PCBC attendees.

The presentation will include the 10 factors every builder must count to determine which suppliers and trades are the most cost-effective.

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CPSC recalls orbital sanders

BY HBSDEALER Staff

Random orbital sanders that might short circuit and cause a fire are being recalled by Mirka Abrasives.

This recall involves 5-in. and 6-in. Mirka CEROS compact electric random orbital sanders. The sanders are yellow and black with the Mirka logo on the front.

Mirka Abrasives has received three reports of electrical shorting incidents, which included the sanders sparking and smoking.

No injuries or property damage have been reported.

About 440 of the units were sold in the United States and 85 in Canada. Products were sold at barious distributors and independent retailers nationwide and at Amazon.com, Beavertools.com and other online retailers from November 2013 to April 2014 for about $500.

Importer: Mirka Abrasives Inc., of Twinsburg, Ohio 

Manufactured in: Finland; the products were imported by Mirka Abrasives of Twinsburg, Ohio.

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HCN Stock Watch: NWL jumps on upgrade

BY HBSDEALER Staff

Newell Rubbermaid (NWL) jumped up 4.42% on Wednesday after Morgan Stanley upgraded the stock, citing an expectation for near-term growth for the company.

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