HBSDaily

Home Depot will be shifting health coverage for roughly 20,000 part-time workers, who will qualify to seek plans on the new public marketplace exchanges under the Affordable Care Act, according to mutliple media reports.

The part-timers were previously covered under a limited liability medical plan that provided coverage of up to $20,000. Companies will be unable to offer these plans after Dec. 31. Enrollment for government-subsidized healthcare begins Oct. 1.

Here are the people taking on new responsibilities at the technology company.

 

West Chester, Pa.-based Metabo, a manufacturer of professional-grade portable electric power tools and abrasives, promoted four individuals to newly created and existing positions.

With SpillProtect24 technology, the retailer runs with a water-resistant laminate

Citing a housing market recovery, Raleigh, N.C.-based Stock Building Supply saw net sales increase 21% in the fourth quarter to $305.2 million. 

Stock CEO Jeff Rea added that the future looks bright. “As we look ahead to 2014, we are encouraged by macro-economic trends that generally support growth in residential new construction and remodeling activity.”

The company reported fourth-quarter income of $2.96 million, compared to a loss of $4.88 million in the same quarter last year. 

Gaithersburg, Maryland-based pro dealer TW Perry ranked sixth in a recent Washington Post listing of top workplaces for mid-size companies. 

Following the unveiling of the list June 22, TW Perry president and CEO Michael Cassidy told employees that being a winning team helps morale.

Cranbury, N.J.-based HBC Home & Hardware Products, formerly the Howard Berger Co., acquired WordLock, maker of bike locks, padlocks and travel locks.

"WordLock brings an unparalleled record of success to HBC," said James Brower, CEO of HBC Home & Hardware Products. "In a few short years, WordLock has reinvented the personal security market with innovation ad design and created a recognizable brand name that can be found in all of the leading retailers across North America."

A report from Freedonia Group expects a market share dip for manufactured housing placements.