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Intertape Polymer Group Acquires TaraTape for $11 Million

IPG Taratape

 Intertape Polymer Group Inc. (IPG®) announced the acquisition of RJM Manufacturing, Inc. (TaraTape), a manufacturer of filament and pressure-sensitive tapes. TaraTape revenue for the most recently completed fiscal year was approximately $20 million. The purchase price of $11 million was financed with funds …

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Former Anawalt Lumber Chairman Dies at 91

patricia anawalt

Patricia Anawalt, who died in October at age 91, was a former UCLA anthropologist and chairman of Anawalt Lumber in Los Angeles. The lumber company was founded in 1923 and is still family owned. The business has four retail locations in …

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Orgill to Relocate World Headquarters

Distribution Center

Orgill, Inc. has announced it will be relocating its headquarters to Collierville, Tennessee, which is a suburb of Memphis. The company will construct a new 100,000-square-foot office building to house its worldwide headquarters. Construction is expected to begin in 2016. The company …

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Buying the In-Store Experience

E-commerce accounts for only 7 percent of U.S. retail sales, according to the U.S. Census Bureau. But 87 percent of consumers say they go online to look for information about a store before visiting, according to a Google study. The …

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Cole Hardware Founder Dies at Age 99

The 99th birthday of Cole Hardware founder Dave Karp was a reason for the Karp family and store staff to be grateful this year — and his Oct. 25 death was the loss of the company’s figurehead. Even as he aged, …

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Capitalize on the Hometown Advantage

The North American Retail Hardware Association (NRHA) can help you leverage data on the benefits of shopping local for events such as Small Business Saturday, which is Nov. 28. Now more than ever, consumers like knowing where their money is …

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Lowe’s to Send 3-D Printing ‘Off the Planet’

Lowe's Innovation Labs

Lowe’s plans to change space travel with its latest tech project—and that’s not a far-off fantasy. The giant retailer is slated to launch a commercial 3-D printer to the International Space Station in early 2016, taking manufacturing off the Earth. The goal …

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