A quiet week capped off a muted month of April, as commodity prices were flat to down. Plywood prices appeared to be approaching a bottom. In the week ending April 26, 2024, the price of Western S-P-F 2×4 #2&Btr KD (RL) was US$408 mfbm, said forest products industry price guide newsletter Madison’s Lumber Reporter. This […]
Tempur Sealy Reports First Quarter Results
First Quarter 2024 Net Sales of $1.2 Billion, Consistent with Prior Year Strong Consolidated Gross Margins up 1.7% to 43.1% EPS of $0.43 and Adjusted EPS(1) of $0.50 Record First Quarter Cash Flow from Operations of $130 Million Tempur Sealy International, Inc. announced financial results for the first quarter ended March 31, 2024 and reaffirmed financial guidance for the full year 2024. First Quarter […]
Josh Brown of Bliffert Lumber Recognized as Notable Leader in Construction, Real Estate & Design
Bliffert Lumber & Hardware announced Vice President Josh Brown has been honored as a 2024 Notable Leader in Construction, Real Estate & Design by BizTimes Milwaukee Business News. This award recognizes accomplished professionals who have designed and constructed the region’s built environment and are changing Milwaukee’s skyline. BizTimes Publisher Dan Meyer said, “These professionals are […]
RYAM Announces Sale of Softwood Duty Refund Rights for $39 Million
Rayonier Advanced Materials Inc. (the “Company”), the global leader in High Purity Cellulose, announced it has reached agreement regarding the sale to OCP Lumber LLC of the Company’s entitlements to refunds, including all accrued interest, related to the duties imposed on softwood lumber exported by the Company from Canada into the United States during a specific period between 2017 and 2021. The […]
Do it Best Announces Team Hires and Promotions
Do it Best is pleased to announce the following additions to its team. Further, Do it Best proudly recognizes these promotions within the corporate office team. About Do it Best Based in Fort Wayne, IN, Do it Best is the only US-based, member-owned comprehensive and fully integrated hardware, lumber, and building materials buying cooperative in […]
R.P. Lumber Acquiring Mount Carroll Home Center
This single-location acquisition bolsters Edwardsville-based retailer’s ability to service Northwestern Illinois R.P. Lumber Co., Inc. is slated to acquire the Mount Carroll Home Center, an independently owned retailer of hardware, lumber, and building materials in Mount Carroll, IL. Terms of the deal were not disclosed. The transaction, scheduled to close on Friday, May 17th, marks […]
Cabinotch Expands Reach with Acquisition of KCD Software
Cabinotch, a leading provider of innovative woodworking solutions, announces its acquisition of KCD Software, an Award-Winning Custom Design to CNC Manufacturing software. The strategic move marks a significant step forward for Cabintoch Innovative Solutions’ commitment to better serving the needs of woodworkers and cabinetmakers worldwide. The acquisition of KCD Software aligns with Cabinotch’s mission to […]
Lumber Price Index for Week Ending May 3, 2024
The Madison’s Lumber Prices Index for the week ending May 03, 2024 is: US$417 mfbm. This is down by -4%, or -$16, from the previous week when it was US$433. For information regarding the construction of this Index (species mix, weighed averages) please go here: https://madisonsreport.com/madisons-lumber-prices-index-a-powerful-tool-for-data-driven-decision-making/ About Madison’s Lumber Reporter Established in 1952, Madison’s Lumber […]
Progress Update on Roseburg’s New Dillard MDF and Components Plants
One year after announcing a historic $700 million investment in its manufacturing operations in Southern Oregon, Roseburg Forest Products is proud to share that construction at two new plants in Dillard, Ore., is well underway. Dillard Components will be the first of the new plants to come online, with startup expected in late summer 2024. […]
Culpeper Wood Preservers Acquires Pleasant Garden Dry Kiln Company
Culpeper Wood Preservers, a leading producer of pressure-treated wood, is proud to announce they have acquired Pleasant Garden Dry Kiln Company in Pleasant Garden, North Carolina. With this acquisition, Culpeper Wood Preservers adds additional drying capacity for hardwoods and softwoods. This further enhances the capabilities and distribution coverage area for its pressure-treated wood into markets […]