(Updated March 30, 2022)
Openings, Closures, and Acquisitions
- Woodgrain announced its affiliate, HBP Merger Sub, commenced the previously announced cash tender offer for all of the issued and outstanding shares of common stock of Huttig Building Products at a price of $10.70 per share.
- Ambassador Supply acquired Clarksville, Tenn.-based Orgain Building Supply.
Click here to view previous openings, closures, and acquisitions from the second quarter.
Dealer, Distributor, and Manufacturer News
- Nationwide Industries, a provider of hardware products and solutions for fence and gate professionals, added the distribution of 135 Grip-Rite SKUs to its portfolio of more than 2,000 SKUs. Both Grip-Rite and Nationwide Industries are part of the PrimeSource Building Products portfolio of brands.
- Duravit USA engaged New York-based agency Dellon Sales to represent the brand in strategic territories within the northeastern market, including within New York, New Jersey, and Philadelphia.
Click here to view previous dealer, distributor, and manufacturer news from the quarter.
Construction Supply People in the News
- Patrick Nielsen, global technical products manager for Broan-NuTone, has been appointed chairman of the Home Ventilating Institute (HVI) board of directors.
- Arrow Fastener promoted Taiwo Akinyemi to vice president of finance and accounting and Tom Overacker to director of distribution and warehousing.
Click here to view previous personnel announcements from the second quarter.
New Products
- Baldwin Hardware launched Contemporary 5” Rose.
- Novik added Onyx to its NovikStone Dry Stack Stone and Premium Hand-Cut lines of stone siding.
- Hastings Tile & Bath introduced a range of framed mirrors and mirror cabinets to the Hastings Bath Collection.
Click here to view previous product announcements from the quarter.
