Cayce Mill Supply's new 8,600-sq.-ft. showroom is designed to impress both homeowners and trade professionals.
A 16-foot high ceiling in the entrance area. Clusters of sparkling chandeliers. A working kitchen large enough to accommodate 20 to 30 people or more. Alcove after alcove with tastefully decorated product groupings or vignettes.
The Home DepotĀ® said it will acquire Orlando, FL-based wholesaler Hughes Supply for an aggregate consideration of $3.47 billion, including the payment of $46.50 per outstanding share and the assumption of $285 million in net debt. Completion of the purchase is expected late in the first quarter or early in the second quarter of this year.
Network '05, the first joint convention of the American Supply Association and the Plumbing-Heating-Cooling Contractors - National Association drew 1,645 participants, including 274 wholesalers, 385 contractors, and other industry professionals.