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Tyco Fire & Building Products opened the Grinnell mechanical grooved products warehouse in Avon, MA, which offers mechanical grooved couplings, fittings, valves and accessories, including the Grinnell Copper System.

Sloan Valve Co. announced that its plumbing products and accessories are now represented in Oklahoma by Pannell/Associates, Tulsa, OK.

Responding to customer needs, Heatcraft Refrigeration Products LLC (HRP), has introduced its first 10-25 HP condensing unit stocking program.

Masco Corp. reported lower profits and sales today for the second quarter and attributed the drops to fewer national housing starts.

Home prices continued to slide down as more and more homeowners face foreclosure.

The U.S. Census Bureau of the Department of Commerce announced that construction spending during June 2007 was estimated at a seasonally adjusted annual rate of $1,175.4 billion, 0.3 percent (±1.4 percent) below the revised May estimate of $1,178.4 billion.

Masco Corp.’s Board of Directors has elected Timothy Wadhams as a new board member.

Doosan Infracore Co., Ltd., purchased Bobcat Co. for $4.9 billion, according to a Wall Street Journa online report posted yesterday.

Watsco Inc., a distributor of air-conditioning and heating equipment, said its second-quarter profit slid 21% due to a cooler summer and a slow new-housing market, according to a report from the Associated Press.

A research study is currently being conducted to better understand the invoicing challenges faced by wholesale distributors and their contractor customers.