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Liteline appoints regional sales manager

Liteline Corp. has announced that Brandi Switzer has joined its team as regional sales manager, Pacific and Rockies. Switzer brings nearly a decade of experience in the electrical industry collaborating with contractors, distributors, electrical engineers, interior designers, and architects. Her role will involve overseeing growth across the British Columbia and Alberta markets.

 

 

AD provides member update

AD reports that member sales in the first nine months of 2024 increased by 6.0 percent to a record US$61.0 billion across its 14 divisions and three countries. Same-store sales increased by 3.0 percent in total, including 2.0 percent each in the U.S. and Canada in their respective local currencies. Member purchases from AD suppliers grew 4.0% to $15.4 billion.

A total of 115 new members joined AD year-to-date, including more than 50 that joined as part of the Edge Group merger, effective Jan. 1, but not including members joining as part of the merger with IMARK Electrical, which closed on Sept. 24. AD members also acquired another 36 companies outside of AD.

Koelnmesse expands into the Middle East

Koelnmesse has announced a joint venture with dmg events that will see it expand into Saudi Arabia. The International Hardware Fair Saudi Arabia will take place annually at the Riyadh International Convention & Exhibition Center, with the first edition scheduled for June 16 to 18, 2025.

BMR expands in the Maritimes

BMR Group has announced that it is welcoming Dartmouth, N.S.-based LumberMart into its fold. Effective Nov. 26, the store will be rebranded as LumberMart BMR Pro. In business for over 40 years and now under its third generation of owners, LumberMart is dedicated to garage, shed, deck, kitchen, and fence packages, and commercial and residential building packages. It serves communities ranging from Metro Halifax to Cape Breton, Annapolis Valley, and Nova Scotia’s South Shore.

Castle location bought by First Nations consortium

Castle Building Centres said this week that member location Got Wood Building Supplies in Geraldton, Ont., has been acquired by Ne-Daa-Kii-Me-Naan Inc. The First Nation-owned enterprise was established in 2012 by seven member nations to promote sustainable forest management. Got Wood GM Deanna Hoffman and her team will hold a grand opening event next month.

Jeld-Wen reports its third quarter

Jeld-Wen Holdings posted Q3 revenues of US$934.7 million, a 13.2 percent decline from a year earlier. The company’s net loss of $73.0 million, or $0.86 per share, follows earnings of $16.9 million ($0.20 per share) in the previous Q3. “Market conditions continue to deteriorate, which has significantly impacted volume/mix in the near-term,” CEO William J. Christensen said in a release.

Rockwool announces two promotions

Rockwool has announced the promotion of Mike Goyette (left) to the role of VP, sales, at its ceiling tile division, Rockfon North America. He has been with Rockwool for 15 years, since 2019 as national sales director.

Scott Debenham, currently Rockfon business unit manager in Canada, is being promoted to replace Goyette as director of sales, building insulation, Rockwool Canada. He joined Rockfon in 2013. Both appointments take effect Jan. 1, 2025.

Ian White named president and CEO of Home Hardware

Ian White has been appointed president and CEO of Home Hardware Stores Ltd. He steps into his new role on Nov. 18.

White joins Home from Parkland Corp., where he spent 10 years in a variety of senior executive roles for the global fuel, convenience, and food retailer. Most recently, he was president of Parkland Canada, the company’s largest operating division.

White replaces Kevin Macnab, who is retiring after helming Home Hardware for the past six years.

RONA, Tilley pair up for workwear line

Tilley Endurables Inc. has announced the launch of its newest line, Tilley Tuff Workwear, available exclusively at 100 RONA stores across Canada. The partnership “allows RONA to provide our pro clientele and DIY customers with great innovation, quality, and value in workwear from a trusted Canadian brand,” Doug Young, RONA’s chief merchandising officer, said in a release.

The line includes Technical Work Pants, work shirts, and outerwear. A launch event for Tilley Tuff will be held at RONA+ Golden Mile in the east end of Toronto on Nov. 18.

True Value reaches agreement with its lenders

True Value Co. reached an agreement with its lenders last week that will allow it to avert liquidation and hasten bankruptcy proceedings. In October, True Value announced that it planned a sale to Do it Best Corp. 

On Thursday, True Value’s legal representative told the courts that the company would deliver to the lenders a net pay-down of US$163 million in cash.

“Failure to achieve that net pay-down will give the lenders a right to terminate the DIB sale and commence a liquidation, subject to a liquidation budget that is acceptable to the lenders, the debtors, and the committee,” said attorney Robert D. Drain, of the law firm that represents True Value.

He added that True Value would also pay up to US$45 million in administrative expense liabilities.