VAI (Vormittag Associates, Inc.) (www.vai.net), a leader in enterprise solutions for the distribution, manufacturing, retail and service industries, and an IBM Premier Business Partner, announces the successful implementation of its S2K Enterprise Software at H&L.

Read full press release at VAI

Hardware & Lumber Ltd. has a new Information Technology System, S2K Enterprise. The enterprise resource planning (ERP) solution was developed by Vormittag Associates, an IBM Premier Business Partner based in Long Island, New York.

S2K Enterprise is expected to bring greater efficiencies across the company's divisions, including goods procurement, inventory management, distribution, financial management as well as order management and point of sale.

The Eightieth Annual General Meeting of Hardware & Lumber Limited will be held at the Registered Office, 697 Spanish Town Road, Kingston on June 16, 2008 at 10:00am.

Amongst the purposes of the AGM is to receive and consider the Directors’ Report and Financial Statements for the year ended December 31, 2007, and the Report of the Auditors thereon.

View PDF details

Hardware and Lumber Limited, trading as Rapid >>TrueValue, has doubled profits in its third quarter to further hasten its recovery after two years of depressed income.

The retail company, which is 58 per cent owned by conglomerate GraceKennedy, made $30 million at the end of September, or 37 cents per share, compared to $14 million or 18 cents per share in the matching 2006 period.

Hardware and Lumber Limited, a subsidiary of the GraceKennedy group, is looking to build its chain of stores operating under the name Rapid TrueValue in and outside of Kingston.

But chief executive officer of GK Investments, Don Wehby, under whose portfolio the retail operation falls, said Tuesday the size of the investment to be made was dependent on the finalisation of a strategic plan that he was in the middle of formulating.

The financial results for the six months ending June 30, 2007 showed net Profit of $31 million compared to net loss of $6.9 million for the comparative period in 2006. Sales were $3,116 million compared to $2,528 million for the comparable period last year.

Hardware and Lumber Limited (H&L), a subsidiary of Grace-Kennedy Limited, realised net profit of $24.6 million for the first quarter ending March 31, eightfold its earnings for the matching period last year.

Read more on the Gleaner website.

The Annual General Meeting for Hardware & Lumber Limited will be held at our Registered Office, 697 Spanish Town Road, Kingston on Monday June 25, at 10:30am.

The Jamaica Gleaner has an intereting article on our upcoming plans to revamp and integrate our internal IT systems.

Rapid True Value is an Associate sponsor of the 10th staging of the Home & Hardware Show 2007.

When: September 28-30, 2007
Where: National Arena
Time: 10:00am – 10:00pm (daily)

Rapid True value will be giving away prizes and surprises, during the entertainment segment each day. So come prepared to test your knowledge about our business!!

GraceKennedy Group Sports, Arts & Culture had its Inter-Company Sports Day on May 19, 2007. Hardware & Lumber staff participated in a range of exciting sporting activities and challenging games. See the highlights in the image gallery below.

AgroGrace invites you to come an learn a new approach to termite management at our professional pest control workshop. This invite is extened to Pest Control Operators, Housing Developers/Representatives of the Construction Industry and Ministry of Health and other stakeholders. There will also be a launch of an exciting product, I Maxx Pro – an insecticide in water soluble packets.

When:

Tuesday May 8 at the Hilton Hotel, Kingston, 9:30am

Wednesday May 9 at the Holiday Inn Sunspree Resort, 9:30am.

Invitees: