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The residential remodeling market continued its slump during the third quarter of 2008, according to the National Association of Home Builders’ Remodeling Market Index.

U.S. factory shipments of residential cooling and heating equipment declined in September, compared with the same month a year ago, while the commercial market for these products maintained steady growth,

Elkay’s Plumbing Products Division announced it will be streamlining its faucet manufacturing facilities.

HD Supply said that  more than 2,000 of its U.S. associates volunteered in their local communities on Saturday, Nov. 8  in its first company-wide community action day.

The Carlyle Group told investors that the value of its stake in HD Supply, previously owned by The Home Depot, has fallen by 15% amid the ongoing financial crisis and weakened home-building sector.

BNP Media - publisher of Plumbing & Mechanical, PM Engineer and Supply House Times - has joined the Green Mechanical Council as a media member.

Rinnai Corp., one of world’s largest manufacturers of gas appliances and tankless water heaters, has announced the appointment of Phil Weeks as general manager of its North American operations, effective October 13.

Infor will present a Webinar on Slotting Strategies in High Volumne Warehouses that improve throughput and reduce labor costs on Wednesday, Nov. 19, 2008 at 2:00 p.m. EST.

Plumbing products supplier Watts Water Technologies Inc. said it would cut jobs, freeze salaries and suspend its stock buyback program to save costs.

Effective Oct. 31, 2008, IPEX Inc. will discontinue the production and the sale of WarmRite Floor® pipe, fittings and accessories for the North American hydronic heating market.