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Maxitrol Announces Promotions

Friday, October 10, 2014, SOUTHFIELD, MICHIGAN

Maxitrol Company, an international manufacturer of gas pressure regulators and electronic gas modulation systems, has appointed Tony Beauvais to the newly created position of quality and production/engineering manager, and Scott Slomski to assistant plant...

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United States Stove Company Acquires NewMac

Friday, October 10, 2014, SOUTH PITTSBURG, TENNESSEE

United States Stove Company is proud to announce the acquisition of NewMac Manufacturing, a leading manufacturer of wood, oil, gas and pellet add-on furnaces, boilers, furnaces and wood-burning stoves, located in Debert, Nova Scotia, Canada....

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HNI Corporation Acquires Vermont Castings Group

Wednesday, October 1, 2014, MUSCATINE, IOWA

HNI Corporation (NYSE: HNI) and its Hearth & Home Technologies business announced the acquisition of the Vermont Castings Group, a leading manufacturer of freestanding hearth stoves and fireplaces. The Vermont Castings Group has annual revenue of...

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Anemic Household Growth, 2013-14

Wednesday, October 1, 2014, ITHACA, NEW YORK

From New Strategist Publications Reflecting the economic instability affecting so many Americans, the number of households in the United States increased by a tiny 0.4 percent between 2013 and 2014, according to the Census Bureau. In only two of the...

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Median Household Income Has Stalled

Tuesday, September 30, 2014, ITHACA, NEW YORK

From New Strategist Publications The $51,939 median household income of 2013 was not significantly different from the $51,758 of 2012, after adjusting for inflation. This is the second year in a row of no significant change in median household income,...

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Consumer Confidence for September

Tuesday, September 30, 2014, NEW YORK, NEW YORK

The Conference Board Consumer Confidence Index, which had increased in August, declined in September. The Index now stands at 86.0 (1985100), down from 93.4 in August. The Present Situation Index decreased to 89.4 from 93.9, while the Expectations Index...

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New Home Sales Surge in August

Wednesday, September 24, 2014, CHARLOTTE, NORTH CAROLINA

From Wells Fargo Economics Group In August, new home sales reached their highest level since 2008, jumping 18 percent. The increase was largely due to sizeable gains in the Northeast and West, which increased 29.2 percent and 50 percent respectively....

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Jøtul NA Expands Operation To Include Wood Stove Production

Tuesday, September 23, 2014, GORHAM, MAINE

The Norwegian trade union and Ratos AB, private equity owners in Stockholm, Sweden, approved the transfer of wood stove production to Jøtul’s North American headquarters. All wood and gas stoves, inserts and fireplaces sold in the North American...

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