Under
the 60-month leasing agreement, an appliance leasing firm would own the customer’s Rinnai unit and
would pay all installation and maintenance costs, while the homeowner pays a low monthly fee for the duration of the contract.
Wolseley, Reading, UK, parent of Newport News,
VA-based Ferguson, announced it is in the process of disposing of or exiting
its U.S. Materials Building business, Stock Building Supply, by August 1, 2009.