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Tractor Supply names new board member

BY HBSDEALER Staff

Nashville, Tenn.-based farm and fleet retailer Tractor Supply has named Louisiana-Pacific CEO Robert Frost to the company’s board of directors.

“During his career, Rick has developed expertise in procurement, logistics and supply chain management. As a CEO, he brings additional executive governance perspective to Tractor Supply Co.,” said Jim Wright, president and CEO of Tractor Supply.

Frost serves on the boards of several nonprofit organizations. He is a board member of the American Forest & Paper Association, the Forest Products Association of Canada and the Temperate Forest Foundation. He also serves as vice chairman of the National Air and Stream Council.

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Home Depot elects new board member

BY HBSDEALER Staff

Home Depot has named Armando Codina the 12th member of the company’s board of directors.

Codina, 60, is president and CEO of Flagler Development Group, a Florida-based commercial real estate firm.

Flagler is a subsidiary of Florida East Coast Industries (FECI). FECI was acquired in July of this year by funds managed by Fortress Investment Group, a global alternative asset manager with approximately $36 billion in assets under management.

At the time of the acquisition, Codina was the largest private shareholder of FECI, having sold his 26-year-old predecessor firm, the Codina Group, to FECI in April 2006. Prior to establishing the Codina Group, Codina was president of Professional Automated Services, a firm created in 1970 to provide data processing services to physicians.

“We are extremely pleased to have a business leader and entrepreneur of the caliber of Armando Codina join our board of directors,” said Frank Blake, chairman and CEO of Home Depot. “He brings enormous financial, operational and strategic expertise to the board and to our business.”

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Southern Milling & Lumber plans South Carolina facility

BY HBSDEALER Staff

Florida-based Southern Milling & Lumber will build a $1.2 million manufacturing facility in Calhoun County, S.C., according to the Calhoun Times Democrat newspaper.

The facility will produce lumber, wood pallets and specialty packaging. Construction on the new facility is expected to be completed by the end of 2007.

The manufacturing plant is expected to employ about 50 people in the area, which has recently been investing in economic development.

Based in Lakeland, Fla., Southern Milling & Lumber specializes in wholesale lumber sales and lumber remanufacturing.

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