HBSDaily

Springfield, N.J.-based United Window & Door Manufacturing promoted John D’Elena to the position of VP marketing and national accounts and Gregg Proscia to the position of VP sales.

Standard & Poor's Ratings Services upgraded Whirlpool's long-term corporate credit rating one notch to "BBB" from "BBB-," the lowest investment-grade rating. S&P cited an improving economy and stronger housing market. 

The ratings agency also pointed to the appliance maker's growth in emerging markets and lower cost structure.

Shawn Davies is leaving his post as VP of Sofina Foods to join Kraus Canada as its president and general manager, effective Sept. 23. 

"Today is an exciting day in the history of Kraus," said Steve Malinowski, president and CEO of the Kraus Group of Companies. "I am pleased that Shawn will be joining the leadership team at Kraus."

The company cited Davies' track record of substantial sales growth, strategic acquisitions and boosting profitability, among other successes.

US LBM Holdings has acquired H & H Lumber Co. of Superior, Wis., which will become part of the Lyman Lumber Co. 

H&H serves the northern Wisconsin and greater Duluth, Minn., markets, providing home builders, specialty contractors and professional remodelers with a full-suite of building materials and services. The company joins Lyman Lumber Co., a US LBM division that is one of the largest building material suppliers in Minnesota and Wisconsin. 

P&F Industries, Inc. reported robust second quarter earnings, primarily due to a strong Tools segment and the recent entry of its Florida Pneumatic subsidiary into The Home Depot market.

Net revenue came in at $19.48 million for the quarter, a big jump up from year-ago figures of $15.24 million. Net income was $875,000, compared to last year's $796,000.

Towson, Md.-based Black & Decker introduced four new models of germ-killing steam cleaning units.

The units use water to kill 99.9% of germs to achieve a deep down clean, according to the company. 

Woodbridge, Ont.-based Royal Building Products announced that Chris Bitsakakis has been appointed VP and general manager of its Window & Door Profiles business.