Home Depot Inc. announced dismal retail news in its fourth-quarter financials on Feb. 20, while the wholesale operation the company is considering selling produced a few bright spots.
Taco Inc. dedicated a new 60,000-square-foot addition to its Cranston, R.I., manufacturing facility in a ceremony Feb. 16 that featured local and state politicians and a performance by the Rhode Island Philharmonic.
Wolseley plc, based in Reading, United Kingdom, acquired the assets of Lawrence Plumbing Supply Co., and the shares of plumbing distributors Castle Supply Co. and Castle North Corp. (Castle Group) were acquired from Joseph Lawrence, Joseph White, Robert Stern, Robert Caldwell and John Thomas.
Citing warranty and repair service, ordering process and more, J.D. Power and Associates recently ranked Bradford White Corp. as highest among water heater and boiler manufacturers in satisfying subcontractors.
There are plenty of choices available when a contractor or builder considers the materials to use when designing and installing plumbing systems in residential and commercial properties
Faced with nearly $180 million in debt, Amtrol, Warwick, R.I., filed for Chapter 11 protection last December. “For several years, Amtrol has been constrained by its highly leveraged capital structure,” said Larry T. Guillemette, company chairman, president and chief executive officer, in a prepared news release on Dec. 18. “Quite simply, we have too much debt.”