Tractor Supply joins the S&P 500
It’s official: after months of off-the-curve growth on the stock market, Tractor Supply Co. has secured a spot on the S&P 500 index.
The change was announced Thursday by the S&P Dow Jones Indices and will be effective after the close of trading next Thursday.
Tractor Supply is replacing Life Technologies Corp. on the index, which is being acquired by Thermo Fisher Scientific Inc.
Between Jan. 2, 2013 and Jan. 2, 2014, Tractor Supply’s stock grew by 49.4%.
USG earns Voluntary Protection Program Star
USG Corporation’s Auburn, Wa., manufacturing plant has earned a Voluntary Protection Program (VPP) Star from the Washington State Department of Labor and Industries and its Division of Occupational Safety and Health.
L&I officials presented the award, which is the highest accolade within the VPP, to the plant’s 49 employees Thursday. The Star, which has only been awarded to approximately 2,500 worksites out of 8 million in the U.S., recognizes the company’s efforts to go above and beyond with its safety and health programs.
“We put a focus on safety every day in our work, and make sure each of our employees understand its importance,” said Tim Miller, plant manager. “We have dedicated ourselves to safety, and being recognized with a VPP Star is an honor.”
The Auburn plant maintains a safety record of more than 1.1 million hours worked and 2,940 days without a lost-time injury. It is the 15th of USG’s manufacturing plants to achieve the Star designation, in addition to three L&W Supply locations.
PPG promotes McDonald to VP fiber glass
PPG Industries, the Pittsburgh-based coatings company, has promoted Kevin McDonald to the role of VP fiber glass.
Beginning March 1, McDonald will transition from his current role as PPG general manager, reinforcements and leader for fiber glass in the Americas and EMEA. He will succeed Thomas Kerr, who is retiring effective the same day.
“Kevin’s deep knowledge of PPG’s fiber glass business will serve the company well as he takes on this important role,” Sekmakas said. “In addition, we thank Tom for his contributions to PPG during his 35-year career. We congratulate him on his many accomplishments and successes and wish him and his family all the best.”
McDonald has been with the company since 1980 and held various roles in sales and marketing.
In his new role, he will report to EVP Viktor Sekmakas out of his current station at the company’s Glass Business and Discovery Center in Harmar, Pa.