The 2020 Mid-Year Economic Update_long

Day: March 6, 2007

Interline Brands Names William Sanford President

Interline Brands Inc., Jacksonville, FL, distributor of MRO products, has named William Sanford president. The role was previously held by Michael Grebe who continues to serve as chairman and CEO.


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Sanford joined Interline Brands as Chief Financial Officer in March of 1999 and was promoted to Executive Vice President and Chief Operating Officer in September of 2004. He has more than 24 years experience in distribution, holding senior executive positions with MSC Industrial Direct and Airgas, Inc.


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Bill has played a major role in building Interline Brands into the organization it is today and our board is very pleased to recognize his contributions with this promotion," Grebe said.


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Interline reported sales of $1.068 ...

RONA Sales Grow to $6B With Recent Acquisition

RONA Inc., Canadian retailer and distributor of home improvement, hardware and gardening products, reported sales grew 13.1% in fiscal 2006; organic growth (without major acquisitions) was 6%. Profit reached $190.6 million, up 8.8% over 2005.


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Same-store sales were up 1.3%.


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“RONA's 2006 results are in line with our 7-07 target, said Chief Executive Robert Dutton. “Our growth was both solid and profitable: Network retail sales are now nearing the&nbsp ; $6 billion mark and earnings have increased for the 16th straight year. We also made significant progress against all our benchmarks, especially those related to operating efficiency."

“Still promising in the medium and long term, our market is being affected by the ...

Despite Construction Slowdown, 84 Lumber Expands

In a time when most building
materials distributors and suppliers are cutting assets, href=http://www.84lumber.com/" target=_blank>84 Lumber
Company
, Eighty Four, PA, supplier of building materials, recently
announced it has opened three new stores.


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The first, in w:st="on">Gonzales, w:st="on">LA, includes a 5,865 square-foot main building
and 38,580 square-foot warehouse on 9.1 acres of property. The second is in
Sarasota, w:st="on">FL, the company's 23rd location in
the state. It includes a 6,918 square-foot main building and ...

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