Articles by Steve Smith

American Standard Cos. sold a small part of its global bath and kitchen business for $165 million.

 

American Standard Cos. sold a small part of its global bath and kitchen business for $165 million.

Masco Corp. named Keith Allman president of its Delta Faucet Co. division, effective April 9. Allman joined Masco in 1998 as vice president of manufacturing for the company's Merillat Industries.

The Home Depot Inc. hasn’t reached any decisions to sell HD Supply, but it is rolling out additional retail marketing plans and store expansions.

Lennar Corp. is demanding that its trade contractors in Southern California either cut the price of work already completed by up to 20 percent, or be barred from Lennar work for at least six months.

Home Depot’s top executive apologized online for his company’s poor customer service after a column appearing on MSN.com’s Money site lamenting the company’s one-time stellar service drew a record 3,000 posts on the site’s message board and more than 10,000 e-mails to the editors with similar complaints

The MCAA announced the winners of various awards at its Awards of Excellence Ceremony, Feb. 28, held during the MCAA's 118th annual convention in Orlando, Fla.

Taco Inc. dedicated a new 60,000-square-foot addition to its Cranston, R.I., manufacturing facility in a ceremony Feb. 16 that featured local and state politicians and a performance by the Rhode Island Philharmonic.

American Standard announced last month that the $11 billion toilets-to-brakes conglomerate dating back to the 19th century would sell its well-known bath-and-kitchen division, spin off its vehicle controls group and rename itself Trane after the flagship brand name of the one business it will keep.

Analysts say renewed focus on retail is long overdue

The division could be worth between $8 billion and $13 billion

HD Supply's sales were about 15 percent of Home Depot's total 3Q 2006 sales