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Werner unveils compact extension ladders

BY HBSDealer Staff

Ladder maker Werner rolled out a new, compact three-piece aluminum extension ladder designed to get in and out of tight spaces.

The Greenville, Pa.-based company said the new line lets 16-ft. extension ladders go where they have never gone before — around corners, through doors, in elevators and through narrow stairwells. The ladders provide the same reach as a standard extension ladder, but in a compact, easy-to-use design without compromising the quality, safety and reach of a traditional two-piece extension ladder.

In the closed position, the three-piece design makes the Compact Ladder 20% to 25% shorter than standard two-piece extension ladders, making it easier to transport and maneuver. Developed for homeowners and DIYers, the Type II, 225-lb. Compact Aluminum Extension Ladder features a 16-ft. model. Price points start at $159.00.

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DeWalt launches new Rolling Miter Saw/Planer

BY HBSDEALER Staff

DeWalt announced the launch of its new Rolling Miter Saw/Planer Stand, designed for jobsite mobility thanks to its wide rubber wheels and fold-up feature. The product, availavle exclusively at Home Depot, is designed for a variety of contractors including cabinetmakers, trim carpenters, framers, installers and many other professionals who are tasked with using a miter saw or portable thickness planer on the jobsite.

“We created this stand to address the need for contractors to move quickly and efficiently on the jobsite and in the shop,” said Rafe Bennett, director of product marketing, DeWalt. “Along with convenience, our new Rolling Miter Saw/Planer Stand is compact, durable and easily adjustable, making it ideal for all contractors tasked with difficult woodworking jobs and projects.”

The unit has tubular steel construction that allows for 300 pounds of maximum weight capacity. Additionally, the stand offers wide adjustable infeed and outfeed roller work supports, which provide up to eight feet of material support.

 

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Sales rise at HD Supply

BY HBSDEALER Staff

HD Supply reported $2.1 billion in net sales for its third fiscal quarter, a 10.7% increase over sales of $1.87 billion during the same quarter of 2010.

Net loss for the quarter, which ended Oct. 30, was $105 million, compared with a loss of $99 million in the corresponding quarter of 2010. Operating income improved $31 million to $78 million.

Loss from continuing operations for the third quarter of fiscal 2011 was $106 million, compared with a $90 million loss from continuing operations for the third quarter of fiscal 2010. 

Joe DeAngelo, CEO of HD Supply, said: “The third-quarter results mark the company’s sixth consecutive quarter of year-over-year sales growth. We are well-positioned for continued growth and improved financial performance through a sharp focus on executing our strategic plan, [and] continuing significant investments in our leadership businesses.”

The company has $1.2 billion of liquidity, according to its financial statement.

Transactions during the third quarter included the opening of a new distribution center in Jacksonville, Fla., for HD Supply Facilities Maintenance. The company also launched the HD Supply Locations Web application. 

HD Supply sold its plumbing/HVAC business to Hajoca Corp. on Sept. 9, 2011. As a result of the sale, the company recorded a preliminary $7 million pre-tax gain in the third quarter of fiscal 2011, which is subject to a customary working capital adjustment that is expected to be finalized during the fourth quarter of fiscal 2011.

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