The American Hardware Manufacturers Association (AHMA) announced mixed results from its AHMA Home Improvement Industry Confidence Index for the month of July.
The Current Situation Index was reported to have risen to 225 in July, up from 166.7 in June. Also, 54% of survey respondents said sales were higher in July in comparison to those from one year ago, up from 40% in June. Some 18% reported sales were even, and 29% said sales had decreased since last year.
On July 11, Greatwide Logistics Services announced the selection of John P. Tague as its new CEO. Mr. Tague comes to the new position after eight years with United Airlines, where he served as President as well as other senior leadership positions including Chief Operating Officer and Chief Revenue Officer.
WOLF has launched a new line of cabinets, “WOLF Classic Cabinets,” available exclusively to independent dealers in 18 eastern states. With the new cabinet line, the largest U.S. supplier of kitchen cabinets hopes to compete with comparable products imported from overseas.
Barry Graboski, WOLF’s senior VP product development for kitchen and bath, said that the new line was the result of collaboration with WOLF customers, who expressed a need for a product to compete with the foreign-made cabinets that dominate the category.
As part of its June Industry Confidence Index, the American Hardware Manufacturers Association posed two additional “hot topic” survey questions to its members, regarding members’ opinions of the passage of the proposed Jobs and Energy Permitting Act and of free trade agreements with Colombia, Panama, and South Korea.