Mike Miazga 2016-02-04 02:57:32
MOUNTAIN STATES SUPPLY AND MOUNTAINLAND SUPPLY COMPLETE MERGER Brent Anderson was voted CEO after the recent merger of Mountain States Supply and Mountainland Supply. Photo courtesy of Mountainland Supply. Orem, Utah-based Mountain States Supply Co., and Mountainland Supply Co., recently announced the completion of a merger, effective Jan. 1, 2016. The new company will be branded Mountainland Supply Co. The Board of Trustees and company shareholders voted Brent Anderson as chief executive officer and Mike Edwards as president of Mountainland Supply Co. Ben Mecham was named vice president of operations. For more than 60 years, Mountainland Supply and Mountain States Supply have been a supplier of plumbing, waterworks, landscape and agricultural products to customers in the Mountain West region. Mountainland Supply Co. Now provides products and services to commercial contractors, plumbers, builders, landscape contractors, farmers and industrials with a larger geographical footprint, including 13 branches that reach across St. George to Rock Springs and throughout the entire Wasatch Front. “This merger enables us to employ 260-plus individuals who are now standing ready to serve our customers,” Anderson said. ASA MEMBER DISTRIBUTORS REPORT MEDIAN SALES GROWTH The American Supply Association’s Monthly Pulse Report for the month ending Nov. 30, 2015, shows member wholesaler-distributors enjoyed median sales growth of 6.5% compared to the same month last year. Calendar-year-to-date, all respondents reported a median sales increase of 5. 9% and the median increase for the trailing 12 months is 5.9%. Inventory rose 2.7% compared to a year ago and the median three-month average days sales outstanding (DSO) edged up to 44.2 days. Of the respondents, 51.3% reported an increase in gross margin percentages for November 2015 vs. 2014. Company year-to-date profit before taxes increased for 48.7% of the total sample, while 57.5% of respondents reported having more full-timeequivalent employees than a year ago. SALES INCREASE FOR HARDI DISTRIBUTORS HARDI’s monthly TRENDS report shows average sales for HARDI distributor members increased by 4.6% in November 2015. The annualized growth for the 12 months through November 2015 slipped further to 5. 5%. This is the third consecutive decline from the recent peak of 7.3% achieved for the 12 months through August 2015. HARDI noted it is not unlikely for the modest pace of growth to persist. “HARDI members will defi nitely be feeling the slowdown well into the fi rst half of 2016 — before things improve in the second half of the year,” HARDI Senior Economist Connor Lokar said. “2017 is still onward and upward to a solid and better year of macroeconomic growth.” DANZE/GERBER’S WERNER STEPS DOWN AFTER 13 YEARS Danze and Gerber Plumbing Fixtures announced Michael Werner has stepped down from his role as president and CEO of Globe Union Group, including its Gerber and Danze businesses, effective immediately. Werner, who was with the company for 13 years, will continue as a consultant for the next several months to ensure a smooth transition. “We’ve accomplished a lot together — both as a business and as a partner in the communities we serve. I’m ready for my next chapter and excited about pursuing other philanthropic and business interests,” Werner said. Werner is a 10-year lymphoma survivor and on the top of his priority list will be a new role as Chairman-elect of the Lymphoma Research Foundation, where he intends to accelerate investments in innovative research to find better treatments for the deadly cancer. Keith Yurko, currently vice president of Globe Union’s Private Label business, will now assume leadership duties in addition to his current position. He was Globe Union’s first employee in North America and is a 20- year veteran of the company. FERGUSON ASSOCIATES RALLY TO SUPPORT MILITARY FAMILIES Newport News, Va.-based Ferguson partnered with the U. S. Marine Corps Reserve Toys for Tots Foundation as part of the company’s third annual Project Holiday Joy. Ferguson served as a national corporate donor for the Toys for Tots program and collected more than 4,000 toys for children on Virginia’s Peninsula, home to the company’s headquarters. More than 150 Ferguson locations across the country also participated in Project Holiday Joy and collected toys, gift bags, food and monetary donations for local children, families and the military. Ferguson supports military and veterans as part of its Ferguson Cares mission and also is a national corporate partner with Homes for our Troops. NEW ENGINEERING AND TECHNOLOGY CENTER INCREASES U.S. BOILER’S TESTING CAPABILITIES U. S. Boiler Co. Hosted a grand opening Dec. 10 to celebrate its new Engineering and Technology Center in Lancaster, Pa., and to honor Chief Engineer of Product Development Ed Johann, who received an Award of Excellence. “Ed’s contributions to our company have been instrumental for our continued growth and success, and his contributions to our industry as a whole represent an ongoing legacy of excellence,” U.S. Boiler President Paul Spradling said. Johann was instrumental in the design and construction of the engineering and technology center, which began operations this past September. U.S. Boiler invested $5 million in the center, which triples the size of the former testing facilities. The testing area comprises 10,000 sq. ft. And 10 individual stations to test products along with 10,000 sq. ft. Of office space, which includes 26 work stations. “The new center gives us a competitive advantage to test equipment to better meet cutomers’ needs, which are different than they were 30 years ago,” U.S. Boiler Director of Engineering Gary Hainley said. U. S. Boiler manufactures Burnham brand residential boilers at its manufacturing facility in Lancaster. The boilers are offered in either water- or steam-heating systems as gas- or oil-fired units. FARNSWORTH WHOLESALE HOSTS ANNUAL STEAK FRY Farnsworth Wholesale Co., recently held its 19th annual steak fry at its Tucson, Peoria, Pima and Ingram, Arizona locations. The steak fry has grown from an event with 70 people to one that now attracts 1,500 attendees. The steak fry was created as an appreciation luncheon for all Farnsworth customers, vendors and associates. As well as providing a steak meal, the company holds raffl e giveaways. Leftover food was donated to the Mesa Men’s Shelter. “Our associates work diligently for four months before the event to ensure our vendors and customers have a great time,” Farnsworth General Manager Drew Roberts said. “Farnsworth continues to host the event as an appreciation to our customers for the business they provide us throughout the year.” RHEEM ACQUIRES EEMAX Rheem recently announced it has acquired Waterbury, Conn.-based Eemax from The Riverside Co., a privateequity fi rm. Eemax manufactures electric tankless waterheating solutions for residential, commercial and industrial applications in the U. S. In addition to its Eemax-branded water heaters, the company produces the EcoSmart line of tankless water heaters. The integration of Eemax into the Rheem family not only increases the breadth of the Rheem water heating portfolio, but also gives Rheem customers access to best-in-class electric tankless water heaters, the Atlanta-based company stated when announcing the acquisition. “Eemax’s offerings perfectly complement Rheem’s line of effi cient and advanced tank and tankless water heaters and that is why we are confi dent this acquisition is the right opportunity at the right time,” Rheem President and COO Chris Peel said. Eemax joins Rheem’s Water Heating Division based in Montgomery, Ala., and will operate as a wholly owned subsidiary of Rheem. Eemax’s headquarters and manufacturing site will remain in Connecticut. BUSINESS BRIEFS • RECTORSEAL CORP., recently acquired the assets of Baltimore-based Universal Technologies and its AC Leak Freeze brands of refrigeration and air-conditioning system leak repair sealants. The acquisition supplements RectorSeal’s product line and complements its refrigerant service product category. • ECR INTERNATIONAL announced its shareholders have approved the sale of the company to BDR Thermea, a Dutch heating products group with global headquarters in Apeldoorn, the Netherlands. All BDR North American operations will integrate into a newly established company that will operate under the ECR International name and be managed by current ECR International President and CEO RON PASSAFARO. The current management structure and manufacturing facilities in Dunkirk and Utica, N. Y., also will remain the same. • GREENLEE TEXTRON announced it has sold its interest in Rothenberger USA, LLC, to its jointventure partner, Rothenberger USA, Inc. The transaction allows Greenlee and Rothenberger to pursue their own business opportunities independently. Customers and distributors still will be able to purchase Rothenberger-branded products, in addition to the full Greenlee portfolio. JOHANN HONORED Ed Johann (left), U. S. Boiler’s chief engineer of product development, receives an Award of Excellence during the grand opening of the company’s Engineering and Technology Center. With him is Gary Hainley, the company’s director of engineering. Photo courtesy of U. S. Boiler. OBITUARY Retired InSinkErator Vice President of Marketing and Sales Larry Dore died Dec.18 in Homer Glen, Ill. He was 83 years old. A Korean War veteran who served in the Army Corps of Engineers, Dore retired from InSinkErator in 1995. He is survived by his wife of 59 years, a sister and four children. VP SUPPLY ACQUIRES J.E. SAWYER Rochester, N.Y.-based VP Supply Corp. recently acquired J. E. Sawyer, a Glens Falls, N.Y.-based company with a product range that is complementary to VP Supply’s offering and includes plumbing, heating, kitchen, bath and industrial supplies. Known locally as Sawyer’s, it serves both contractor and residential customers from its location at 64 Glen St. atop Glen Street Hill. Sawyer’s, established in 1883, retained all 23 local employees and now is named J.E. Sawyer & Co., a division of VP Supply Corp. “J.E. Sawyer’s expertise and selection in the industrial and contractor supply category is new to VP’s existing customer base in the region,” VP Supply Vice President Gary Perkins said. “It’s a good fit for the I-87 corridor. There was a gap of quite some size between our Clifton Park and Plattsburgh locations. VP customers operating between the two locations now have a more convenient choice.” Sawyer’s will benefit from several new product categories. “VP Supply brings things to Sawyer’s customers that we didn’t have such as renewable energy and geothermal,” said Sawyer’s President Daniel Olden, who has been with the company for 47 years. Along with having a strategic impact, VP Supply noted the acquisition respects the people-first culture that exists at both companies. “Sawyer’s has been a long-standing fixture in the Glens Falls community,” VP Supply Regional Manager David Bouyea said. “They employ local people, and in some cases, even generations of family.” VP Supply’s footprint has expanded to 15 branches across New York state and western Pennsylvania. All branches are backed by the company’s 80,000-sq.-ft. warehouse in Rochester. KISSLER OFFERS PRODUCT ID POSTERS Kissler & Co. Is offering new free productidentification poster for distributors’ repair parts counters. The posters are designed to help customers quickly identify ceramic mixing and ceramic disc cartridges. Import cartridges and other brands also are shown on the poster. Email firstname.lastname@example.org for more information.
Published by SupplyHouseTimes. View All Articles.
This page can be found at http://digital.bnpmedia.com/article/Down+The+Pipe/2387538/289409/article.html.