HIR News 05-27-19

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LATEST NEWS, EVENTS & FEATURES                               May 28, 2019
PPG Launches Paints with Purpose

PPG today launched its Paints with Purpose campaign, which will showcase the many unexpected applications of next-generation paint and coatings technologies.
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Amazon Talks Robots

The e-commerce giant currently has about 550,000 workers, but fewer warehouse workers may be needed in the next decade.
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Hoffman Southwest Acquires Accumark

Hoffman Southwest, a rapidly growing provider of water flow inspection, repair and cleaning services, has acquired Accumark, Inc., Pipe Vision, LLC, and Benchmark VA LLC Subsurface Utility Services (collectively, “Accumark”). 
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MetaPack Research Demonstrates Changing North American Consumer Shopping and Delivery Behaviors

According to research from MetaPack, the global leader in eCommerce delivery technology, North American consumers are exhibiting a shift in their shopping and delivery behaviors and preferences. 
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The Toro Company Reports Second Quarter Results

The Toro Company (NYSE: TTC) today reported net earnings of $115.6 million, or $1.07 per share, on a net sales increase of 9.9 percent to $962.0 million for its second quarter ended May 3, 2019.
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Remodeling Booms as Home Building Slows

While the construction industry struggles to keep pace with the demand for new housing, spending on improvement and repairs to owner-occupied and rental properties reached a record high of $424 billion in 2017–growing over 50 percent since the end of the Great Recession.
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Frontdoor Executive to Present at 23rd Annual CONNECTIONS

Frontdoor announced today that Brett Worthington, senior vice president of business development, will participate as a speaker at Parks Associates’ 23rd annual CONNECTIONS: The Premier Connected Home Conference on May 23 in San Francisco.
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Ace Hardware Reports First Quarter 2019 Results

Ace Hardware Corporation today reported record first quarter 2019 revenues of $1.38 billion, an increase of $66.4 million, or 5.1 percent, from the first quarter of 2018.
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New Independent Home Improvement Show

The National Hardware Show brand is expanding and introducing the Independent Home Improvement Show this summer, August 13-15, 2019 at McCormick Place in Chicago, IL.
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April Construction Starts Retreat 15 Percent

The value of new construction starts in April fell 15% to a seasonally adjusted annual rate of $685.2 billion, pulling back following the 16% hike that was reported in March, according to Dodge Data & Analytics.
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