Weekly Industry Insights — 5/3/24
2024 Construction Supply 150 Contains Wealth of Industry Insights
Just released, the 2024 Construction Supply 150 covers 150 LBM dealers, home centers, and hardware chains throughout the United States, Canada, and Mexico. Compiled by frequent Hardware Connection contributor Craig Webb, the report ranks 150 dealers and includes location, company type, revenues, and number of facilities. Dive into this free, in-depth report here.
A.O. Smith Announces Qian as Vice President of Finance
A.O. Smith, a leading water heating and water treatment solutions manufacturer, recently announced that Xiaoping Qian will be the vice president of finance in the company’s North American Water Heating (NAWH) business. She will lead financial planning and analysis, pricing, and business analytics teams. For more information, see the A.O. Smith press release. In addition to hiring news, A.O. Smith also announced a strong first quarter with sales of $979 million, a 1 percent increase, according to a company press release.
Nation’s Best acquires Gambles Hardware in Hotchkiss, Colo.
Continuing its recent spate of expansion, Nation’s Best adds Gambles Hardware in Hotchkiss, Colo., as its 57th location. This is the second acquisition in Colorado. In March, Nation’s Best acquired Timberline Builders Supply in Walden, Colo.
Zootown Hardware and Garden Celebrates Grand Opening
Zootown Hardware and Garden in Missoula, Mont., celebrated a grand opening April 12. As a Do it Best retailer, owner Damon Leishman had a soft opening the week before the grand opening. The store features a 5,000-square-foot showroom and 10,000-square-foot garden center.
Midwest Fastener Online Catalog Provides Easy Access
To be sure your store has a supply of high-quality fasteners, Midwest Fasteners offers an online catalog, according to a recent notification on the company’s site. The online catalog enables hardware retailers access to 40,000 SKUs of fastener products carried at Midwest national distribution centers.
Forney Industries Announces Top Gun Salesperson
Forney Industries, one of America’s longest-operating, family-owned welding and metalworking companies, recently recognized Mark Knernschield as the 2024 Forney Top Gun. This award goes to the top salesperson who demonstrates the company’s core values. For more about the Top Gun award and other employee recognition, visit the company’s site.
