True Value Spring Market kicks off in Orlando
The True Value Spring Market officially kicks off today at 7:30 a.m. with a general session at the Peabody Hotel in Orlando, Fla.
Also on Monday, the market opens its doors from 8:30 a.m. to 6:00 p.m, and a welcome reception for attendees will be held in the afternoon.
Tuesday will see a busy schedule of educational sessions and lunch-and-learn seminars, as well as trade show exhibits on the market floor.
3M purchases composite maker
Building products giant 3M has agreed to purchase Nida-Core Corp., a Florida manufacturer that makes composite building materials, according to an article in the Minneapolis St. Paul Business Journal.
Nida Core also has a small French affiliate, Structiso, that 3M also is acquiring. Its products, which are used to build boats and snowboards, will help 3M build its composite and engineered materials product portfolio, according to the newspaper.
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Obituary: Murray Armstrong
Murray Armstrong, an Ace Hardware executive who helped build the co-op’s international division during his 21-year tenure, has died at age 63. Armstrong passed away peacefully in his home in Winfield, Ill., on Dec. 14, according to a notice posted on the website of the North American Retail Hardware Association.
Armstrong held several titles at Ace, but spent most of his career developing the buying group’s overseas business, which now has a retail presence in more than 50 countries across the globe. In 2002 he served as director of international merchandising and marketing, but was then promoted to managing director of Ace International and then president and general manager. Armstrong left Ace Hardware this past May.
In 2009, Armstrong was the recipient of the award for outstanding achievement in the hardware industry from the Midwest Retailers and Manufacturers Association.
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