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New home for decorative hardware maker

BY HBSDealer Staff

Top Knobs, a manufacturer of decorative kitchen and bath hardware, announced the opening of its new corporate headquarters in Branchburg, N.J.

“I don’t think we could have found a better location for our team,” said Warren Ramsland, president of Top Knobs. “Our new headquarters and enhanced operational efficiencies will help us continue to develop and keep pace with our clients’ needs, allowing us to provide exceptional value and superior service along the way.”

The new headquarters, located approximately 1 hour from New York City, provides capacity for corporate offices, customer support, engineering, sales and services.

The company’s previous headquarters was located in Hillsborough, N.J.

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Taiga distributing Huber OSB products

The agreement includes AdvanTech Flooring, Zip Panels, and Zip-R Panels.

BY HBSDealer Staff

Taiga Building Products has formed a distribution agreement with Huber Engineered Woods OSB products.

The move includes AdvanTech Flooring, high-density engineered wood panels provide reliable strength and stiffness; Zip Panels, which provide protection against water intrusion and are structurally durable for high-wind zones; insulated OSB Zip-R Panels; and related accessories.

Taiga currently operates 15 distribution centers in Canada and 2 distribution centers in Northern California along with 6 reload locations in the Eastern U.S.

Earlier this month the Burnaby, British Columbia, Canada-based wholesale building products distributor announced it was acquiring Exterior Wood, Inc. for $42 million.

 

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Fastenal Q2 sales jump

Net sales for the first 6 months of 2018 have increased more than 13% to $2.45 billion

BY HBSDealer Staff

Fastenal reported second quarter 2018 net sales of $1.27  billion, more than a 13% increase from net sales of $1.12 billion for the same period in 2017.

Net sales for the first 6 months of 2018 also increased more than 13% to $2.45 billion from $2.17 billion for the same 6-month period a year ago.

The Winona, Minn.-based company also reported a second quarter net income of $211.2 million, rising 42% from net earnings of $148.9 million during the corresponding quarter last year.

Net earnings for the first 6 months rose more than 36% to $385.5 million from earnings of $283.1 million during the first half of 2017.

The industrial and construction supplier opened five branches in the second quarter and closed 43 branches. Additionally, one branch was converted from a public branch to a non-public location. At the end of the quarter, Fastenal operated or served more than 3,000 locations.

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