The Home Depot announced the completion of the
sale of HD Supply to a group of three private equity firms comprising Bain
Capital, The Carlyle Group, and Clayton, Dubilier & Rice, Inc.
A.O. Smith Water Products Co. has signed a long-term
exclusive brand license/endorsement agreement with the producers of the TV
series, “Living With Ed,” and its star, Ed Begley Jr.
Bob Miodonski, former editorial director of
Supply House Times, and most recently publisher and editorial director of
Contractor magazine, has joined BNP Media as publisher of PM Engineer,
associate publisher of Plumbing & Mechanical and Supply House Times
magazines, and special projects director for the company’s plumbing division.
Former President Bill Clinton will deliver the keynote address
on opening day of the U.S. Green Building Council’s Greenbuild conference and
exposition, Nov. 7-9, in Chicago.
Former President Bill Clinton will deliver the keynote address
on opening day of the U.S. Green Building Council’s Greenbuild conference and
exposition, Nov. 7-9, in Chicago.
After Hurricane Katrina, people predicted that
New Orleans would become a magnet for modular housing plants, which would serve
as an economic redevelopment engine.
The American Supply Association and the ASA Education Foundation announced that Michael M. Adelizzi has been appointed to the position of ASA’s Executive Vice President.
Home Depot Inc. marked down the price of HD
Supply by 18 percent over the weekend as it offered other concessions to sell
the construction supply business for $8.5 billion, according to Reuters and
Bloomberg.
Noritz America held a grand opening Aug. 23 for its new satellite office and showroom in Elk Grove Village, Ill. It features working demo units and new contractor/distributor training rooms.
According to an online Bloomberg
report, Home Depot may reduce its original $10.3 billion price tag for HD
Supply by about $1 billion in order to salvage the deal.
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