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Wolseley announced that it will be closing about 74 additional Ferguson locations in the second half of its fiscal year.

This year marks the company's 90th anniversary. Nordyne takes a look back, and names the top nine things from the last 90 years.

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.

The distribution giant noted that Ferguson continues to outperform the market and benefit from its business diversification.

The cost of construction has come down as construction spending has decreased and competition in the industry has increased; however, construction activity in the education, healthcare and public sectors continue to show strength.

The U.S. Consumer Product Safety Commission, in cooperation with Rettig Belgium NV of Belgium, announced a voluntary recall of Radson Wall-Mounted Radiators, which can come loose from the wall and fall on people near them. No injuries have been reported in the United States, but there have been 52 incidents reported outside the country, including one death.

Read here for The Copper Journal’s weekly chart update.

Have you filled out the Supply House Times 2009 Premier 150 Survey yet? Deadline is March 10th.

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.

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