The Madison’s Lumber Prices Index for the week ending August 15, 2025 is: US$573 mfbm. This is up +1%, or +$6, from the previous week when it was US$567. This is up +4%, or +$23, from one month ago when it was US$550. For information regarding the construction of this Index (species mix, weighed averages) please go […]
Westlake Corporation Advances Sustainability Goals Toward 2030 Carbon-Reduction Target
Westlake Corporation announced an advance in the company’s sustainability objectives to further reduce its carbon emissions intensity by 20% by 2030, from a 2016 baseline, which is one of the company’s sustainability goals. Westlake recently entered into an agreement with a solar renewable-energy three-farm project that generates approximately 160,000 megawatt-hours per year of renewable energy […]
LBM Advantage Announces Promotion of Dan Ohmer to Vice President of Member Development
LBM Advantage is proud to announce the promotion of Dan Ohmer to Vice President of Member Development. Dan brings an impressive track record of leadership, sales strategy, and business development to the lumber and building materials industry. His extensive career includes impactful executive leadership roles at Guardian Building Products, ROXUL Insulation, and Knauf Insulation. Since […]
A-1 Promotes Robert Jardim to Chief Financial Officer
A-1 Global Holdings, Inc., a leading manufacturer of pre-engineered building components, is proud to announce the promotion of Robert “Rob” Jardim to Chief Financial Officer (CFO), effective immediately. Rob, who joined A-1 in May 2023 as Vice President of Finance, has been instrumental in strengthening the Company’s financial strategy, operational efficiency, and overall growth. As […]
Freddie Mac: Mortgage Rates Continue to Decline
Freddie Mac released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.58%. “Mortgage rates fell to their lowest level since October,” said Sam Khater, Freddie Mac’s Chief Economist. “Purchase application activity is improving as borrowers take advantage of the decline in mortgage rates.” News Facts The PMMS® is focused on conventional, […]
PPG Celebrates 3,000th Installation of PPG MOONWALK Paint Mixing System at U.S. Collision Center
PPG announced that it has completed the 3,000th global installation of its PPG MOONWALK® automated paint mixing system at Wren’s Collision Group’s facility in Auburn, Ala. Since its launch in 2019, the PPG MoonWalk system has transformed body shop operations worldwide by delivering exceptional accuracy, traceability and productivity across the automotive repair process. “We are proud to be […]
Floor & Decor Announces Grand Opening of Chandler, Arizona Store
Leading high-growth retailer specializing in hard-surface flooring offers homeowners and professionals the industry’s broadest in-stock selection of tile, natural wood, natural stone and more, celebrates its new warehouse location in Arizona Floor & Decor, the leading high-growth retailer specializing in hard-surface flooring for homeowners and professionals, has announced the grand opening of its newest warehouse […]
Orgill Names New CFO
Orgill, the world’s largest independent distributor of hardlines, has hired Julie Albrecht as its new executive vice president and chief financial officer. She will join the company on August 18. Albrecht brings more than 35 years of leadership and finance experience across multiple industries, including building products, to Orgill’s leadership team. “It is clear from […]
Woodgrain Announces New Regional Vice Presidents
Woodgrain, a leading manufacturer and distributor of millwork and building materials, is pleased to announce the appointment of two new Regional Vice Presidents in the Distribution Division underscoring the company’s commitment to strengthening leadership, expanding market presence, and delivering exceptional customer service. Dan Ritter, who has been with the company for 24 years, has been […]
QXO Reports Second Quarter 2025 Results
QXO, Inc. (“QXO” or the “Company”) announced its financial results for the second quarter 2025. The Company reported a basic and diluted loss per common share of $(0.15) and an Adjusted Diluted Earnings per Common Share (“Adjusted Diluted EPS”), a non-GAAP financial measure, of $0.11 for the three months ended June 30, 2025. Brad Jacobs, […]