DISTRIBUTORS/CO-OPS

True Value names new SVP of marketing

BY HBSDealer Staff

Chicago-based True Value Company named David Elliott as senior VP, marketing.

Elliott is the former general manager of marketing at New Zealand hardware and home improvement co-op Mitre 10, where True Value President and CEO John Hartmann served as CEO from 2010 to 2013. 

Elliott comes to True Value with a wealth of experience, having worked in various retail marketing roles over the last 25 years. At Mitre 10 during the last seven years, Elliott’s responsibilities included a re-launch of the brand and building digital and traditional advertising, mobile, consumer insights, CRM, loyalty, omni-channel and social media.

“With the perfect mix of passion for the independent retailer, marketing vision, and brand experience, Dave is a valuable addition to our team,” said  Hartmann.

Previously, Elliott was with the New Zealand Racing Board, where he was responsible for increasing marketing and sales performance for both brick and mortar and online channels. He also served in various small-format retail marketing roles for Chevron International and Caltex International across diverse geographies.

Elliott is originally from New Zealand. He graduated from Sterling University in Scotland with a Master of Business Administration. His various roles have included assignments in Singapore and Thailand with responsibilities over diverse markets in Asia – Pacific and Africa.

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M.SHERWIN says:
Apr-05-2017 12:32 pm

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Russin Lumber hits a milestone

BY HBSDealer Staff

Montgomery, New York-based Russin Lumber is celebrating the 60th anniversary of its founding this week.

In announcing the achievment, the company stated: “The world has changed a lot in sixty years, and Russin’s third generation is in place with an eye toward growth for building material business of the future.”

Leonard Russin founded the company in 1957. Back then, it was small stairbuilding supply house. Today, the LBM distributor services independent retail lumber dealers throughout the Northeastern and Mid-Atlantic United States.

“Seeing where my grandchildren want to take this business brings a tear to my eye,” Leonard said recently. “Being able to talk to the boys about business, and maybe even still help in some small way, is part of the joy that comes with watching them succeed.”

Leonard is almost 92 years old. His son, Barry, has been CEO of Russin since the mid-70’s. Under Barry, the company grew through a move from Queens, New York, to its present site in Montgomery. Russin also built custom milling and factory finishing facilities, and created a new production facility in Chile.

“Today, Russin imports products from around the world and is at the leading edge of new product development in the building material industry,” the company said.

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Foundation and Irwin make a deal

BY HBSDealer Staff

Foundation Building Materials, Inc. has closed its acquisition of the specialty building products division of Irwin Builders Supply Corporation.

Foundation is a Tustin, California-based specialty distributor of wallboard and suspended ceiling systems. The company employs more than 3,400 people across more than 200 branches in the U.S. and Canada.

Irwin, Pennsylvania-based Irwin Builders Supply provides a broad range of products, including drywall, metal studs, ceiling and wall systems, insulation and other complementary products.

“We are pleased to reach an agreement with Irwin and welcome their experienced team to FBM," said FBM CEO Ruben Mendoza. "Irwin has built a great reputation over its 70 year history and provides FBM with an expanded footprint and leading market position in the attractive Pittsburgh metro area."

"This represents another great example of FBM’s ability to identify and acquire businesses that will allow us to better service customers in the local market, increase the available product offering and quickly leverage the scale benefits of our broad platform," he added. "We will continue to capitalize on other opportunities that enhance FBM’s position as a leading specialty building products distributor.”

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