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Week of November 29, 2004

Front Page

* NAHB Stands Ready to Protect Any Challenges to Tax Incentives for Housing
* Entries Sought for National Green Building Awards
* Multifamily Construction Pays for Itself, NAHB Economic Impact Model Demonstrates
* Housing Snapshot

President's Message

* Participating on the Home Builder Research Panel Is Easy and Rewarding

Housing Politics

* FHA Multifamily Loans and PATH Among Winners in 2005 Spending Package
* Legislation Strengthens Home Loan Guarantee Program for Veterans

Housing and Economics

* New Single-Family Home Sales Continue at a Brisk Pace in October
* Existing Home Sales Lose Little Strength in October

Builders' Show

* Golf, Spas and Nightlife — Orlando's Got More Than Theme Parks

Seniors Housing

* What Builders Should Know About Boomers
* Attend 'Designing for the Active Adult' and Hone Your Designs for the 55-plus Market

Small Builders and Remodelers

* Change Order — A Form That Will Guarantee You Make Money

Business Management

* National Register Takes Aim at Construction Equipment Thefts

Sales and Marketing

* Sell Yourself: Buyers Buy From People They Trust
* First Marketing 20 Club to Be Launched Early Next Year

Research

* Affordable Home in Tulsa Able to Withstand Tornado-Force Winds
* Home Building Industry Needs to Do a Better Job of Addressing Barriers to Innovation
* Tour of Sustainable Apartments in San Francisco to Feature PATH Technologies

Building Systems

* Log Home Builder the First to Be Awarded ENERGY STAR Rating
* Web Site Demonstrates Adaptability of Log Home Design

Construction Safety

* Portland Cement Excluded From Proposed OSHA Rule on Hexavalent Chromium

Housing Finance

* NAHB Task Force on Housing Finance Reform Seeking Input from Association Members

Labor

* Appropriations Bill a Mixed Bag for Construction Training Programs
* Residential Construction Training Series Extends to HVAC and Plumbing

Building Products

* Sears Acquisition Furthers Retailer’s Leadership in Appliance Business

Builder's Engineer

* Soil Settlement — The Most Common Structural Failure?

Building News Coast To Coast

Association News & Events

* Get WorldPointssm Rewards When You Charge
* Awards Programs Deadlines
* Calendar of Events

NBN Back Issues

 

Sears Acquisition Furthers Retailer’s Leadership in Appliance Business

Sears, Roebuck and Co. is stepping up as a supplier of kitchen and bath appliances in the Southwest through the acquisition of Westar Contract Kitchen & Bath, the retailer announced earlier this month.

Sears Contract Sales is a member of the National Council of the Housing Industry (NCHI) — the Supplier 100 of NAHB.

Westar has served the building and remodeling industry in Arizona and Nevada since 1978 and offers appliance brands that include: Dacor, GE Monogram, Jenn-Air, KitchenAid, Maytag, Sub-Zero, Viking and Wolf. (The brands with links are manufactured by NCHI members.) The supplier also offers architectural plumbing fixtures to upscale home builders and remodelers.

Westar currently has showrooms in Tempe, Tucson, Scottsdale and Peoria, AZ; and Las Vegas, offering local inventory, delivery and appliance installation services.


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“This is Sears’ second acquisition of this kind this year,” said Beryl J. Buley, senior vice president/general manager of home stores for Sears. “It underscores our commitment to maintaining a leadership position in the appliance business and to serving the luxury home building market. Westar truly is ‘best of class’ in this market in Arizona and Nevada and has an excellent reputation as one of the largest contract appliance dealer in some of the fastest-growing housing markets in the U.S.”

Westar is being acquired by FBA Holdings Inc., a direct wholly-owned subsidiary of Sears that also operates McPhail’s Appliance, with six showrooms serving Northern California and Reno, NV; Florida Builders Appliances, with six showrooms located in Southern Florida; and Standards of Excellence, with five showrooms in the San Diego area.

The transaction is expected to be closed by the end of this year.

This feature is solely for educational and informational purposes. Nothing on this page should be construed as policy, an endorsement, warranty or guaranty by the National Association of Home Builders of the featured product or the product manufacturer. The National Association of Home Builders expressly disclaims any responsibility for any damages arising from the use, application or reliance on any information contained on this page.

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