Home Depot Inc. marked down the price of HD
Supply by 18 percent over the weekend as it offered other concessions to sell
the construction supply business for $8.5 billion, according to Reuters and
Bloomberg.
Noritz America held a grand opening Aug. 23 for its new satellite office and showroom in Elk Grove Village, Ill. It features working demo units and new contractor/distributor training rooms.
According to an online Bloomberg
report, Home Depot may reduce its original $10.3 billion price tag for HD
Supply by about $1 billion in order to salvage the deal.
A new study by the World Business Council for
Sustainable Development (WBCSD) finds that key players in real estate and
construction misjudge the costs and benefits of “green” buildings, creating a
major barrier to more energy efficiency in the building sector.
The American Supply Association and the
Plumbing-Heating-Cooling Contractors-National Association announced that Rick
Franklin from Plumbers Supply of St. Louis is the winner of the Network ’07
Early Bird Registration contest.
The metropolitan area encompassing
Indianapolis-Carmel, Ind., has retained the title of most affordable major U.S.
housing market for an eighth consecutive time.
Uponor’s new Advanced Design Suite™ (ADS)
software calculates heat loss and guides the system designer through every step
of radiant floor heating (RFH) system design.
The North Central Wholesalers Association (NCWA)
will host a golf outing and MAD reunion dinner meeting on Tuesday, Oct. 2, at
Plum Hollow Country Club, Southfield, MI, for members and guests.