Unveils New Brand Identity Representing Bright Company Future Leading Go-To-Market Brands Largely Remain in Place Paper Excellence Group announced the operational integration of the recently acquired Domtar Corporation (and other legal entities) and Resolute Forest Products with the legacy Paper Excellence business, forming a leading, unified forest products company in North America. This integration represents a […]
Welcome, Nick Christ—Hancock Lumber’s New Brunswick General Manager
Team Hancock is thrilled to welcome Nick Christ as the new General Manager of our Brunswick location. Nick has close to thirty years of experience in our industry, previously working at Home Depot. Nick started out at 19 years old working in the parking lot retrieving carts and has done most every job there. Nick eventually earned a […]
Weyerhaeuser Reports Third Quarter 2024 Results
Generated net earnings of $28 million, or $0.04 per diluted share, and net earnings before special items of $35 million, or $0.05 per diluted share Achieved Adjusted EBITDA of $236 million Completed $125 million of share repurchase year-to-date through third quarter Completed previously announced timberland acquisitions in Alabama Weyerhaeuser Company reported third quarter net earnings […]
Mohawk Industries Reports Q3 Results
Mohawk Industries, Inc. announced third quarter 2024 net earnings of $162 million and earnings per share (“EPS”) of $2.55; adjusted net earnings were $184 million, and adjusted EPS was $2.90. Net sales for the third quarter of 2024 were $2.7 billion, a decrease of 1.7% as reported and 2.1% on an adjusted basis versus the prior year. During the third quarter of […]
Carlisle Companies Reports Third Quarter Results
Carlisle Companies Incorporated announced its third quarter 2024 financial results. Comments from Chris Koch, Chair, President and Chief Executive Officer “Carlisle delivered another quarter of strong performance, despite a continued decline in residential markets along with the well-known weather-related and port strike events, which negatively impacted shipping days, contractor days on the roof and manufacturing […]
Rickenbacker South Industrial Rail Park Receives CSX Select Site Platinum Designation
CSX Corp. announced that the Rickenbacker South Industrial Rail Park in Harrison Township, Pickaway County, Ohio has been designated as a Platinum CSX Select Site. Select Sites are development-ready properties along the CSX network where standard land use considerations and comprehensive due diligence items have been previously addressed. These properties can meet the needs of […]
Freddie Mac: Mortgage Rates Increase Once Again
Freddie Mac released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.54 percent. “The continued strength in the economy drove mortgage rates higher once again this week. Over the last few years, there has been a tension between downbeat economic narrative and incoming economic data stronger than that narrative. This […]
U.S. Census Bureau: Monthly New Residential Sales, September 2024
The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential sales statistics for September 2024: New Home Sales Sales of new single-family houses in September 2024 were at a seasonally adjusted annual rate of 738,000, according to estimates released jointly today by the U.S. Census Bureau […]
Wabash Announces Third Quarter 2024 Results
Wabash, the innovation leader of connected solutions for the transportation, logistics and distribution industries, reported results for the quarter ended September 30, 2024. The Company’s net sales for the third quarter of 2024 were $464.0 million, reflecting a 26.7% decrease compared to the same quarter of the previous year. The Company achieved consolidated gross profit of […]
Union Pacific Reports Third Quarter 2024 Results
Third quarter earnings per diluted share of $2.75, up 10% Third quarter operating income up 11% Third quarter net income up 9% Union Pacific Corporation reported 2024 third quarter net income of $1.7 billion, or $2.75 per diluted share. This compares to 2023 third quarter net income of $1.5 billion, or $2.51 per diluted share. “Our third quarter results demonstrate the success of […]