Personnel Updates

Rent-A-Center announced Angela Yochem as Senior VP Information Technology and CIO.

Wayfair Inc. announced the hiring of Chad Ghosn as VP IT Infrastructure and Security.


Mergers and Acquisitions

Beacon Roofing Supply has acquired Woodfeathers, Inc. of Portland, OR. The acquisition includes four residential roofing and related product branches in OR and WA.

Sherwin Williams will acquire Valspar Corp. for $11.3 billion. The acquisition is expected to be finalized by first quarter of 2017. Once the acquisition is complete Sherwin Williams will become the largest paint company in the U.S.

U.S. LBM Holdings acquired Raymond Building Supply of Florida. U.S. LBM Holdings now has 30 locations in Florida and a total of 227 locations in 27 states.


Real Estate

Bomgaars opened a new location in Burlington, CO. The family owned company now has 79 locations in seven different states: Iowa, Colorado, Idaho, Nebraska, Minnesota, South Dakota and Wyoming.

Ikea has broken ground on a new 355,000 square foot location in Ohio. This is the second location in Ohio for Ikea and should open by summer 2017.

Short & Paulk has opened the company’s fifth location in Cuthbert, GA. There was a fundraiser held during the grand opening celebration to benefit the Randolph 4-H group.

Tractor Supply will add a location in Hartland, MI at Hartland Plaza. The 24,000 square foot Tractor Supply location will take over the former site of Foodtown.

Westlake Hardware will open another location in Seagoville, TX. The grand opening for the new 10,700 square foot location will take place on July 15th -17th. This is the company’s 11th location in TX. Westlake Hardware operates 92 locations in IA, KS, MO, NE, NM, OK and TX.