HARDWARE STORES

True Value launches home design contest

BY HBSDEALER Staff

Chicago-based True Value announced it is hosting a new design contest with “Design SOS: Friends to the Rescue,” aimed at providing $2,500 at a local True Value to complete overdue design updates.

“Everyone has that one design-challenged friend who can’t seem to part with their retro wood paneling, dated floral wallpaper or sea foam green carpet. But friends shouldn’t let friends live with disastrous design,” the company said in a release.

True Value will accept applications from Sept. 2 to Oct. 7 on startrightstarthere.com. Applicants must submit a short entry and brief video or photos that show why a friend — or even they — needs a design intervention.

Winners will be voted on Oct. 22 and announced mid-November. On top of the shopping money, the winner will receive help from one of True Value’s “masters of all things hardwarian.”

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Simpson completes Dura-Vent sale

BY HBSDEALER Staff

Pleasanton, Calif.-based Simpson Manufacturing announced that on Aug. 31 it completed the sale of Simpson Dura-Vent to M&G Dura-Vent, a newly formed, wholly owned, indirect subsidiary of M&G Holding B.V.

The purchase price was $27.7 million.

Simpson designed and manufactured venting systems for gas and wood burning appliances. Netherlands-based M&G Holding manufactures and distributes venting systems for the European market.

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New hardware store opens in central Maine

BY HBSDEALER Staff

Staples Hardware of Bingham, Maine, opened its doors Aug. 30, marking the first new business to open in the central Maine town in more than a year, according to The Morning Sentinel.

The new storeowners Mike and Debbie Staples said they hope their business helps to fill a need in their town.

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