Wooster Brush adds new Jumbo-Koter Miniroller Kits
The Wooster Brush Company is adding three new Jumbo-Koter kits to its growing miniroller line, bringing professionalism to smaller projects.
The kits each contain a miniroller 2-pack, frame and Wooster Jumbo-Koter tray. Most of the rollers are made with the same fabric used with the full-size rollers, allowing painters to effortlessly switch from standard 9-inch rollers to minirollers and achieve a seamless finish.
The Jumbo-Koter Micro Plush kit works well with doors, cabinets, and smooth surfaces thanks to its nap microfiber rollers.
The Jumbo-Koter Super Doo-Z kit uses Wooster woven roller fabric for use on drywall, plaster, smooth wood, or paneling. These 3/8-inch nap rollers produce a virtually lint-free finish with all paints and enamels.
Pro/Doo-Z FTP is made with Wooster's top-of-the-line professional woven fabric. Its exclusive HydroFlow technology provides controlled release for improved paint flow during application. The Jumbo-Koter Pro/Doo-Z FTP kit includes a two-pack of 3/8-inch rollers.
New name for Fairway Building Products
Mount Joy, Pennsylvania-based Fairway Building Products, maker of non-wood railing systems, is now Fairway Architectural Railing Solutions.
“I’m excited by the powerful direction our new messaging and brand are bringing to Fairway”, said Greg Burkholder, CEO. “We’ve spent over a year developing our plan and refining our focus, all solidly positioning Fairway Architectural Railing Solutions as the most important and experienced domestic railing solutions provider for residential and commercial applications.”
Founded in 1997 as a distributor of building products, Fairway quickly became known as a solutions provider when the founders created “kitted” railing systems, the company said. Over time, Fairway began manufacturing its own composite and PVC railings, recently adding metal to the portfolio.
Fairway Architectural Railing Solutions, an operating unit of FBP, is the leading manufacturer of domestic composite, PVC and metal railing systems for residential and commercial decks, balconies and terraces.
Newell Brands adjusts its trajectory
After a comprehensive strategic review that it conducted upon the merger of Newell Rubbermaid and Jarden, Newell Brands Inc. is now moving forward with a new growth game plan.
“Newell Brands new strategic plan establishes a clear set of investment priorities, a new organization design for the company, and a sharp set of portfolio choices that will focus our resources on the businesses with the greatest potential for growth and value creation,” said Michael Polk, Newell Brands CEO. “We will drive growth acceleration over time through more effective and scaled commercial operations, increased investment in our brands and capabilities, and the delivery of bigger, better innovation across a broader set of categories. We will simultaneously expand margins through significant cost synergies and other savings related to the combination of Newell Rubbermaid and Jarden and other cost focused initiatives."
Most notably, Newell Brands is transitioning from a holding company to an operating company.
Additionally, the company is recalibrating its investment priorities and refining its portfolio.
Newell Brands will consolidate its existing 32 business units to 16 operating divisions, including the creation of a new global enterprise-wide e-commerce division.
Some of its businesses — about 10% of the portfolio — will be up for sale. These include the vast majority of the Tools Segment, the Winter Sports businesses within the Outdoor Solutions Segment, the Heaters, Humidifiers, and Fans businesses within the Consumer Solutions Segment, and the Consumer Storage Container business within the Home Solutions Segment.
The proceeds of these sales will help pay off existing debts and put the company in a better position for future acquisitions. According to the company, the sales processes are underway and are expected to be completed within the first half of 2017.
“The combination of Newell Rubbermaid and Jarden has created a unique platform for transformative value creation and the actions we are taking to reshape the company will unlock this opportunity, bringing greater investment and growth to our highest potential categories like Writing, Home Fragrance, Baby, Food Storage & Preparation, Appliances & Cookware, and Outdoor & Recreation. The choices we are making will strengthen the underlying growth and performance of our most strategic businesses and over time enable us to scale our core categories through external development,” said Mark Tarchetti, Newell Brands president.