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Home Depot Acquires Interline for $1.6 B, Aims at Multi-Unit Housing

The Home Depot will acquire Interline Brands, Inc., a leading national distributor and direct marketer of maintenance, repair and operations products. The $1.625 billion deal positions Home Depot to profit on the growing apartment and condo market, where the most of the new young householders are making their first homes. Bill Lennie, president, The Home Depot Canada, has been named Executive Vice President to head the operation.

Press Releases

New 18V Battery from Bosch Maximizes Runtime

MOUNT PROSPECT, IL -- Maximizing battery runtime on the jobsite means less frustration and futility trying to find a charged battery. It also means more uptime for power-critical tools like rotary hammers, drivers, saws and other power tools. The Bosch BAT622 18V Li-Ion 6.0 Ah FatPack battery promises to increase productivity for every trade professional by offering the power tool industry’s first 6.0 Ah battery, offering up to 45% more runtime over standard 4.0 Ah packs.·    

 

Woodworking Industry News

Comdust Suspected in Fatal UK Wood Flour Mill Explosion

Two are confirmed dead and another two are still missing following a suspected comdust explosion in a wood flour mill in Bosley, Cheshire. News reports say the four were working on an upper floor of Wood Treatment Ltd. the morning of July 17 when the explosion occurred and a 1,000-degree fire destroyed the four-story building. More than 30 others were injured in the incident.

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