Troy

Indianapolis-based appliance and electronics retailer hhgregg Inc. (HGG: Quote) announced that it has appointed Troy Risch as its Chief Operating Officer....

Helen of Troy Ltd. is buying the water purification equipment business PUR from Procter & Gamble as the demand for such products grows in the U.S. Financial terms were not disclosed.

PUR's products include faucet mount systems and filters, pitcher systems and filters and refrigerator filters. They are sold throughout the U.S.

Helen of Troy, which makes Vidal Sassoon hair products and other personal care and housewares items, said Tuesday that it plans to finance the deal through existing working capital and by expanding its current credit facility.

Small appliances producer Helen of Troy agreed to acquire personal care appliances maker Kaz, Inc., for $260 million in cash. The acquisition is expected to close by Dec. 31, 2010. Kaz markets vaporizers, humidifiers, dehumidifiers, digital and infrared thermometers, blood pressure monitors, air purifiers, heaters, fans, and lawn and garden products. Kaz markets to retailers under a variety of brand names, including: • Vicks and Braun under license from The Procter & Gamble Company • Honeywell under license from Honeywell • Stinger, Softheat, and Kaz, brands that Kaz, Inc., owns.

Balancing Form and FunctionBy Tatyana SinioukovThe 2001 International Housewares Show held in Chicago last January not only served for introductions of this year's lines by the major manufacturers, but also as proof that more appliances are becoming wired and are stepping into the new millennium with style and efficiency. The new microwave ovens featured at the show boasted increased output power and a modern look updated for a contemporary kitchen. The air conditioners featured impressive energy efficiency ratings that exceeded the government standards, and some major appliances showed off their Internet access capability. Samsung Electronics introduced a staggering 30 new microwave ovens: the

More Blogs