Hamilton Beach Brands

HAMILTON BEACH BRANDS HOLDING COMPANY ANNOUNCES APPOINTMENT OF R. SCOTT TIDEY AS PRESIDENT

Retrieved on: 
Thursday, February 22, 2024

GLEN ALLEN, Va., Feb. 22, 2024 /PRNewswire/ -- The Board of Directors of Hamilton Beach Brands Holding Company (the "Company) (NYSE: HBB) announced today that R. Scott Tidey, Senior Vice President-Global Sales of the Company's wholly owned subsidiary, Hamilton Beach Brands, Inc. ("Hamilton Beach Brands"), has been appointed President of the Company, effective immediately.

Key Points: 
  • GLEN ALLEN, Va., Feb. 22, 2024 /PRNewswire/ -- The Board of Directors of Hamilton Beach Brands Holding Company (the "Company) (NYSE: HBB) announced today that R. Scott Tidey, Senior Vice President-Global Sales of the Company's wholly owned subsidiary, Hamilton Beach Brands, Inc. ("Hamilton Beach Brands"), has been appointed President of the Company, effective immediately.
  • "Scott's appointment as President of our Company is part of a long-standing succession plan.
  • Mr. Tidey most previously served as the Senior Vice President, Global Sales of Hamilton Beach Brands since January 2023.
  • Before that, he served as Senior Vice President, Consumer Sales & Marketing of Hamilton Beach Brands from March 2021 to January 2023, and as Senior Vice President, North America Sales and Marketing of Hamilton Beach Brands, from 2010 to March 2021.

HAMILTON BEACH BRANDS HOLDING COMPANY ANNOUNCES ACQUISITION OF HEALTHBEACON PLC

Retrieved on: 
Monday, February 5, 2024

GLEN ALLEN, Va., Feb. 5, 2024 /PRNewswire/ -- Hamilton Beach Brands Holding Company (NYSE: HBB) today announced that through its Hamilton Beach Health subsidiary it has acquired HealthBeacon PLC, a medical technology firm and strategic partner of the company.

Key Points: 
  • GLEN ALLEN, Va., Feb. 5, 2024 /PRNewswire/ -- Hamilton Beach Brands Holding Company (NYSE: HBB) today announced that through its Hamilton Beach Health subsidiary it has acquired HealthBeacon PLC, a medical technology firm and strategic partner of the company.
  • Gregory H. Trepp, president and chief executive officer of Hamilton Beach Brands Holding Company, said, "This acquisition is a key step in support of our strategic initiative to expand in the fast-growing home health and wellness market, and it strengthens our participation in the home medical category.
  • Drawing on decades of experience as a trusted resource in the home, in 2021 we created the Hamilton Beach Health® brand.
  • Rob George, who has been serving as Vice President of Corporate Development and Strategy for Hamilton Beach Brands, focusing principally on the home medical market, has been named Global General Manager, Hamilton Beach Health to drive global expansion of this business.

HAMILTON BEACH BRANDS HOLDING COMPANY ANNOUNCES ACQUISITION OF HEALTHBEACON PLC

Retrieved on: 
Monday, February 5, 2024

GLEN ALLEN, Va., Feb. 5, 2024 /PRNewswire/ -- Hamilton Beach Brands Holding Company (NYSE: HBB) today announced that through its Hamilton Beach Health subsidiary it has acquired HealthBeacon PLC, a medical technology firm and strategic partner of the company.

Key Points: 
  • GLEN ALLEN, Va., Feb. 5, 2024 /PRNewswire/ -- Hamilton Beach Brands Holding Company (NYSE: HBB) today announced that through its Hamilton Beach Health subsidiary it has acquired HealthBeacon PLC, a medical technology firm and strategic partner of the company.
  • Gregory H. Trepp, president and chief executive officer of Hamilton Beach Brands Holding Company, said, "This acquisition is a key step in support of our strategic initiative to expand in the fast-growing home health and wellness market, and it strengthens our participation in the home medical category.
  • Drawing on decades of experience as a trusted resource in the home, in 2021 we created the Hamilton Beach Health® brand.
  • Rob George, who has been serving as Vice President of Corporate Development and Strategy for Hamilton Beach Brands, focusing principally on the home medical market, has been named Global General Manager, Hamilton Beach Health to drive global expansion of this business.

HAMILTON BEACH BRANDS HOLDING COMPANY ANNOUNCES SECOND QUARTER 2023 RESULTS

Retrieved on: 
Wednesday, August 2, 2023

An increase in revenue for the second half of 2023 is expected to offset the decrease in revenue for the first half of 2023.

Key Points: 
  • An increase in revenue for the second half of 2023 is expected to offset the decrease in revenue for the first half of 2023.
  • Throughout that period, Hamilton Beach Brands continued to invest in the development of innovative products and expand its brand portfolio.
  • Hamilton Beach Brands is actively engaged in the pursuit of additional trademark licensing agreements, strategic alliances, and acquisitions to drive growth in all its markets.
  • The Company will conduct an earnings conference call and webcast on Thursday, August 3, 2023, at 9:30 a.m. Eastern time.

HAMILTON BEACH BRANDS, INC. AND NUMILK ENTER INTO EXCLUSIVE MULTIYEAR AGREEMENT

Retrieved on: 
Thursday, March 9, 2023

GLEN ALLEN, Va., March 9, 2023 /PRNewswire/ -- Hamilton Beach Brands Holding Company (NYSE: HBB) announced today that its wholly-owned subsidiary Hamilton Beach Brands, Inc., a leader in small kitchen appliances, has entered into an exclusive multiyear agreement with Numilk, to manufacture and sell commercial and consumer appliances for use with Numilk ingredient pouches.

Key Points: 
  • GLEN ALLEN, Va., March 9, 2023 /PRNewswire/ -- Hamilton Beach Brands Holding Company (NYSE: HBB) announced today that its wholly-owned subsidiary Hamilton Beach Brands, Inc., a leader in small kitchen appliances, has entered into an exclusive multiyear agreement with Numilk, to manufacture and sell commercial and consumer appliances for use with Numilk ingredient pouches.
  • "Non-dairy, or plant-based, milks have become increasingly popular, and the sale of such products is fast growing," said Scott Tidey, senior vice president, global sales, Hamilton Beach Brands.
  • "Hamilton Beach Brands has an outstanding reputation for creating high-quality, durable, and innovative small appliances," said Ari Tolwin, chief executive officer, Numilk.
  • "Numilk pouches produce great tasting non-dairy milks, free of gums, fillers and preservatives," adds Joe Savino, co-founder, Numilk.

HAMILTON BEACH BRANDS HOLDING COMPANY NAMES NEW CHIEF FINANCIAL OFFICER

Retrieved on: 
Thursday, January 26, 2023

GLEN ALLEN, Va., Jan. 26, 2023 /PRNewswire/ -- Hamilton Beach Brands Holding Company (NYSE: HBB) today announced that Sally M. Cunningham has been appointed Senior Vice President, Chief Financial Officer, effective March 17, 2023.

Key Points: 
  • GLEN ALLEN, Va., Jan. 26, 2023 /PRNewswire/ -- Hamilton Beach Brands Holding Company (NYSE: HBB) today announced that Sally M. Cunningham has been appointed Senior Vice President, Chief Financial Officer, effective March 17, 2023.
  • As previously announced, effective January 13, 2023, the Board of Directors appointed Linda J. Woermer, Senior Director, Corporate Controller of Hamilton Beach Brands, Inc., as principal financial officer and principal accounting officer of the Company, on an interim basis, in conjunction with the resignation of CFO Michelle O. Mosier.
  • Ms. Cunningham said, "I am excited to join the Hamilton Beach Brands team at a time of great opportunity for the Company and the small kitchen appliances industry.
  • As CFO, Ms. Cunningham will lead all of the Company's financial functions, including Accounting, Financial Planning and Analysis, Financial Reporting, Treasury, Tax, and Investor Relations.

HAMILTON BEACH BRANDS HOLDING COMPANY ANNOUNCES RESIGNATION OF CHIEF FINANCIAL OFFICER MICHELLE MOSIER

Retrieved on: 
Wednesday, November 16, 2022

GLEN ALLEN, Va., Nov. 16, 2022 /PRNewswire/ -- Hamilton Beach Brands Holding Company (NYSE: HBB) today announced that Michelle O. Mosier, Senior Vice President and Chief Financial Officer, has notified the Company that she has accepted the Chief Financial Executive role at another public company and has resigned effective January 13, 2023.

Key Points: 
  • GLEN ALLEN, Va., Nov. 16, 2022 /PRNewswire/ -- Hamilton Beach Brands Holding Company (NYSE: HBB) today announced that Michelle O. Mosier, Senior Vice President and Chief Financial Officer, has notified the Company that she has accepted the Chief Financial Executive role at another public company and has resigned effective January 13, 2023.
  • Hamilton Beach Brands Holding Company operates through its wholly owned subsidiary Hamilton Beach Brands, Inc., a leading designer, marketer, and distributor of a wide range of branded small electric household and specialty housewares appliances, as well as commercial products for restaurants, fast food chains, bars, and hotels.
  • The Company's owned consumer brands include Hamilton Beach, Proctor Silex, Hamilton Beach Professional, Weston, TrueAir, Brightline and Hamilton Beach Health.
  • Hamilton Beach Brands licenses the brands for Wolf Gourmet countertop appliances, CHI premium garment care products, Clorox air purifiers, and Brita countertop water appliances.

HAMILTON BEACH BRANDS HOLDING COMPANY ANNOUNCES DATES OF ITS 2022 THIRD QUARTER EARNINGS RELEASE AND CONFERENCE CALL

Retrieved on: 
Thursday, October 27, 2022

Hamilton Beach Brands Holding Company operates through its wholly owned subsidiary Hamilton Beach Brands, Inc., a leading designer, marketer, and distributor of a wide range of branded small electric household and specialty housewares appliances, as well as commercial products for restaurants, fast food chains, bars, and hotels.

Key Points: 
  • Hamilton Beach Brands Holding Company operates through its wholly owned subsidiary Hamilton Beach Brands, Inc., a leading designer, marketer, and distributor of a wide range of branded small electric household and specialty housewares appliances, as well as commercial products for restaurants, fast food chains, bars, and hotels.
  • The Company's owned consumer brands include Hamilton Beach, Proctor Silex, Hamilton Beach Professional, Weston, TrueAir, Brightline and Hamilton Beach Health.
  • Hamilton Beach Brands licenses the brands for Wolf Gourmet countertop appliances, CHI premium garment care products, Clorox air purifiers, and Brita countertop water appliances.
  • For more information about Hamilton Beach Brands Holding Company, visit hamiltonbeachbrands.com.

Food Dehydrator Market to Hit $3.5 billion by 2030, says Global Market Insights Inc.

Retrieved on: 
Thursday, September 15, 2022

SELBYVILLE, Del., Sept. 15, 2022 /PRNewswire/ -- According to a new research report by Global Market Insights Inc., the food dehydrator market is anticipated to exceed USD 3.5 billion by 2030. The food processing industry is expanding across the world due to drastic changes in the dietary preferences of the younger population. It has led to the high demand for pre-cooked as well as dried foods. Dried food items not only extend the shelf life of perishable products but can also keep their nutritional value intact.

Key Points: 
  • SELBYVILLE, Del., Sept. 15, 2022 /PRNewswire/ --According to a new research report by Global Market Insights Inc., the food dehydrator market is anticipated to exceed USD 3.5 billion by 2030.
  • In terms of the technology used, the horizontal airflow food dehydrator market share was more than USD 1.4 billion during 2021.
  • The global food dehydrator market share from the herbal product end-users is projected to register over 6% CAGR through 2022-2030.
  • Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services.

Food Dehydrator Market to Hit $3.5 billion by 2030, says Global Market Insights Inc.

Retrieved on: 
Thursday, September 15, 2022

SELBYVILLE, Del., Sept. 15, 2022 /PRNewswire/ -- According to a new research report by Global Market Insights Inc., the food dehydrator market is anticipated to exceed USD 3.5 billion by 2030. The food processing industry is expanding across the world due to drastic changes in the dietary preferences of the younger population. It has led to the high demand for pre-cooked as well as dried foods. Dried food items not only extend the shelf life of perishable products but can also keep their nutritional value intact.

Key Points: 
  • SELBYVILLE, Del., Sept. 15, 2022 /PRNewswire/ --According to a new research report by Global Market Insights Inc., the food dehydrator market is anticipated to exceed USD 3.5 billion by 2030.
  • In terms of the technology used, the horizontal airflow food dehydrator market share was more than USD 1.4 billion during 2021.
  • The global food dehydrator market share from the herbal product end-users is projected to register over 6% CAGR through 2022-2030.
  • Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services.