The
residential remodeling market continued its slump during the third quarter of
2008, according to the National Association of Home Builders’ Remodeling Market
Index.
U.S. factory shipments of residential cooling and heating equipment declined in September, compared with the same month a year ago, while the commercial market for these products maintained steady growth,
HD
Supply said that more than 2,000 of its U.S. associates
volunteered in their local communities on Saturday, Nov. 8 in its first company-wide
community action day.
The Carlyle Group told investors that the value of its stake in HD Supply, previously owned by The Home Depot, has fallen by 15%
amid the ongoing financial crisis and weakened home-building sector.
Rinnai Corp., one of world’s largest
manufacturers of gas appliances and tankless water heaters, has announced the
appointment of Phil Weeks as general manager of its North American operations,
effective October 13.
Infor will present a Webinar on Slotting
Strategies in High Volumne Warehouses that improve throughput and reduce labor
costs on Wednesday, Nov. 19, 2008 at 2:00 p.m. EST.