New Half Time Drill Driver makes way to retail
PITTSBURGH — The Half Time Drill Driver has entered the market.
How it works: The Half Time Drill Driver allows a users to select two different size bits, drill the pilot hole, flip the drill driver’s pivot arm and then drive in any screw, nut or fastener. The patent-pending swivel head flips and locks, providing the user an easy switch from drilling to driving in several seconds.
The product has received a license from InventHelp, an invention submission company. "We are pleased to announce that one of our clients’ products is on the shelves of several large chain stores around the country," said Nicole Hait, director of communications for InventHelp. "This InventHelp client, a machinist by trade, prides himself on thinking up ideas which solve problems in his field. His invention, the Half Time Drill Driver, is a power tool attachment that enables the user to quickly switch from a drill to a screwdriver, without having to change bits, in less than two seconds. This accessory can drill and countersink a hole in one step."
The Half Time Drill Driver such retailers as CVS, Walgreens, Walmart and other major retailers nationwide.
Hy-Vee chief executive Ric Jurgens to retire
WEST DES MOINES, Iowa — Ric Jurgens, chairman and CEO of Midwestern supermarket chain Hy-Vee, will retire on June 1, the company said Wednesday.
Jurgens, 62, began working for Hy-Vee 42 years ago while a student at Iowa State University, taking a full-time position after his graduation. In 1995, he was named SVP and chief administrative officer, becoming president in 2001, CEO in 2003 and chairman in 2006. Jurgens said he will ask the company’s board of directors to elect president and COO Randy Edeker as chairman and CEO.
"I feel extremely fortunate to have spent my entire career working for a great company filled with great people," Jurgens said. "It has been an honor to lead a team of nearly 60,000 employees dedicated to our mission of making lives easier, healthier and happier, and I’m proud of the things we have been able to accomplish together as a Hy-Vee family."
Under Jurgens’ tenure, the 235-store chain introduced a number of initiatives, such as in-store dietitians, the NuVal nutritional scoring system and the Hy-Vee triathlon. In January 2010, Hy-Vee partnered with Omaha, Neb.-based Amber Pharmacy to form Hy-Vee Pharmacy Solutions, which provides specialty pharmacy services through Hy-Vee’s retail stores. This year, Iowa Gov. Terry Branstad named Jurgen co-chair of the Healthiest State Initiative.
Jerel Golub appointed president, CEO of Price Chopper parent company
SCHENECTADY, N.Y. — Jerel Golub will become president and CEO of the parent company of Price Chopper Supermarkets on Jan. 1, the company said.
Golub Corp. said Golub would assume leadership of the 128-store chain after a nearly 30-year career with Price Chopper. Current CEO and chairman Neil Golub, who served as president from 1982 to 2010, will continue as executive chairman. The company also is appointing Scott Grimmett, formerly president of Safeway’s Denver division, as EVP and COO.
"It’s gratifying to realize the value of succession planning at all levels of our organization," Neil Golub said. "In addition to mentoring young talent, succession provides for the continuity of values and collaborative leadership style that are so critical to success."