Wilsonart names new executive
Wilsonart International has announced the appointment of Sue Rothberg as VP manufacturing. In her new role, Rothberg will oversee manufacturing operations, supply chain and logistics at Wilsonart’s facilities in North America, as well as at the Arborite facility in Montreal, Quebec.
Rothberg brings to Wilsonart more than 25 years of experience in manufacturing, technology, logistics and supply chain management, including 23 years with IBM in a broad range of roles.
Rothberg will assume the day-to-day responsibilities handled by Rusty Booth, now senior VP. Rusty Booth remains with Wilsonart, assisting Rothberg with her transition and with Wilsonart’s other global Decorative Surfacing businesses.
Based in Temple, Texas, Wilsonart International is a producer of high-pressure laminate flooring.
Blake points to supply chain milestone
After completing its build-out of 19 Rapid Deployment Centers (RDCs), Home Depot now faces opportunities to make them better, said CEO Frank Blake.
Speaking during the company’s fourth-quarter earnings conference, Blake said the milestone completes the RDC build-out, "at least for the next several years."
Blake described the restructuring as an "enormous undertaking," and credited Mark Holifield and his supply chain team.
Pending home sales decline in January
Pending home sales are down in January for the second straight month, and are down 1.5% compared with the January 2010 figure, according to the National Association of Realtors (NAR).
The Pending Home Sales Index, a forward-looking indicator, declined 2.8% to 88.9 based on contracts signed in January from a downwardly revised 91.5 in December. The index is 1.5% below the 90.3 level in January 2010 when a tax credit stimulus was in place. The data reflects contracts and not closings, which normally occur with a lag time of one or two months.
The NAR pointed out that the current Pending Home Sales Index is 20.6% ahead of the cyclical low last June.
Lawrence Yun, NAR chief economist, points to the broader trend. “The housing market is healing with sales fluctuating at times, depending on the flow of distressed properties coming on the market,” he said.