Southern Diversified Products announces new headquarters
Southern Diversified Products, producer of Mythic Paint, has relocated its headquarters to a new Hattiesburg, Miss., location. The company cited a need for larger space and greater potential for future expansion as the main reason for the move. The company also added that the entire office has been painted with Mythic Paint brand products.
The new address is 4200 Mamie St., Suite 120, in Hattiesburg. Despite the change of address, Southern Diversified Products will retain the same phone number and email address, at (888) 714-9422 or [email protected].
Court decides in favor of Menards, again
The Fifth District Court of Appeals upheld its December 2010 decision in favor of Menards, ruling that a lawsuit brought against the company by Anne Ramsay be dismissed without being brought before a jury.
The Columbus, Ohio, woman claimed to have injured herself by tripping over a 4×4 piece of wood while in a Menards store in January 2009, saying that she was distracted by trying to avoid colliding with a store employee, and that the piece of wood was hidden from view. However, the company stated that the area was well lit and that Ramsay had been wearing glasses.
The appeals panel reported that Ramsay admitted that she was not looking down when she tripped over the piece of wood, and the case was dismissed.
May was a record month for a remodeling index
The BuildFax Remodeling Index for May 2011 reported that despite high unemployment rates and falling home prices, remodeling activity has reached a new high. The index, released July 18, was reported to be up 22% with a value of 124.3 for May, the highest number since the index’s introduction in 2004. Furthermore, BuildFax reported, May marked the 19th straight month for year-over-year gains in the remodeling industry. Consumers, the data show, are continuing to invest in remodeling and are choosing to remodel rather than purchase new homes.
The BFRI reports trends in remodeling activity by region (Northeast, Midwest, South, and West), as well as remodeling data for the entire United States. The May 2011 index reported month-over-month gains in all regions, and year-over-year gains in all regions except the Midwest, which has lagged behind the other regions in year-over-year comparisons for the last three months.
In month-over-month comparisons, the Northeast index rose 12%, the South 7%, the Midwest 18% and the West 7%. Year-over-year data showed that the Northeast was up 9%, the South 10%, the West 21%, and the Midwest had declined by11%.
BFRI values dating back to early 2004 are available for purchase on the BuildFax website.
Separately, BuildFax said it will begin to offer its BuildFax Buyer’s Reports service to consumers. The reports, which provide information about repairs and upgrades made to specific homes and searchable by address, were previously available only to industry professionals.