- A handful of lawyers will receive $29 million from a handful of CSST manufacturers to settle a class action lawsuit over lightning strikes. The lawsuit claimed that CSST was not thick enough to prevent damage to itself in the event of a lightning strike and that it posed an unreasonable risk of fire. CSST makers, Omegaflex, Parker Hannifin, Titeflex, and Ward were named as defendants.
- With the fate of HD Supply undecided, the Executive Committee of the Plumbing-Heating-Cooling Contractors–National Association has recommended that PHCC discontinue further talks with HD Supply concerning a possible business relationship. The committee made the recommendation to the board of directors after news that Home Depot Inc. is considering possibly selling HD Supply.
- > Taco Inc. dedicated a new 60,000-square-foot addition to its Cranston, RI, manufacturing facility in a ceremony Feb. 16 that featured local and state politicians and a performance by the Rhode Island Philharmonic. Also present was Mary “Happy” White, the 87-year-old mother of John Hazen White Jr., who dedicated the new warehousing and shipping addition to his parents, John Sr. and Mary.
March 8, 2007
A class action lawsuit over lightning strikes, status of PHCC talks with HD Supply and Taco Inc. dedicates a new addition to its mfg. facility.