Multi-Year Agreement to Supply Hardie Siding and Trim Across New Communities in the Pacific Northwest and Northern Rockies James Hardie Building Products Inc. (“James Hardie”), a subsidiary of James Hardie Industries plc and the industry leader in fiber cement siding and exterior design solutions, announced a new strategic agreement with Pahlisch Homes. Through this exclusive […]
Weyerhaeuser to Sell Princeton, B.C., Lumber Mill to Gorman Group
Agreement with local buyer includes manufacturing facility and associated timber licenses in British Columbia Weyerhaeuser Company announced it has reached an agreement to sell its lumber mill in Princeton, British Columbia, to the Gorman Group, owners of Gorman Bros. Lumber Ltd., a family-owned wood products manufacturer headquartered in West Kelowna, B.C. The purchase price is […]
Ace Retail Holdings Relocates Store Support Center to Overland Park, Kansas
The parent company of Westlake Ace Hardware and Great Lakes Ace Hardware will move into the Executive Hills office complex Ace Retail Holdings – the parent company of Westlake Ace Hardware, Great Lakes Ace Hardware, and additional regional retail hardware brands – announced that it will relocate its Store Support Center (SSC) from its current […]
Lowe’s Reports First Quarter 2025 Sales and Earnings Results
Comparable Sales Decreased 1.7%; Diluted EPS of $2.92 Affirms Full Year 2025 Outlook Lowe’s Companies, Inc. reported net earnings of $1.6 billion and diluted earnings per share (EPS) of $2.92 for the quarter ended May 2, 2025, compared to diluted EPS of $3.06 in the first quarter of 2024. Total sales for the quarter were $20.9 billion, compared to $21.4 billion in the prior-year quarter. Comparable sales […]
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 5.1 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 16, 2025. The Market Composite Index, a measure of mortgage loan application volume, decreased 5.1 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, […]
Sierra Pacific Foundation Grants $605,000 in Scholarships
The Sierra Pacific Foundation is awarding over $605,000 in scholarships to 202 students as they attend colleges, universities, and trade schools during the 2025-2026 school year. “Our commitment to education is a commitment to a brighter future for all,” said Carolyn Emmerson Dietz, Sierra Pacific Foundation President. “The Foundation is proud to support these students […]
Flexsteel Announces Change to Board of Directors
Flexsteel Industries, Inc. (“Flexsteel” or the “Company”), one of the largest manufacturers, importers and marketers of residential furniture products in the United States, announced the appointment of Terence P. Calloway as an independent director of the Company effective May 21, 2025. Mr. Calloway is a global executive who is known to create competitive advantages that leverage technology and modern manufacturing processes […]
Homanit Selects Clarendon County to Establish US Manufacturing Operation
$250 million investment will create 300 new jobs Homanit, a leading manufacturer of wood materials, announced it selects Clarendon County to establish the company’s U.S. manufacturing operation. The $250 million investment will create 300 new jobs. Headquartered in Germany, Homanit is a leading European manufacturer of medium- and high-density wood fiberboards for furniture, automotive, door […]
Toll Brothers Reports FY 2025 Second Quarter Results
Toll Brothers, Inc. (TollBrothers.com), the nation’s leading builder of luxury homes, announced results for its second quarter ended April 30, 2025. FY 2025’s Second Quarter Financial Highlights (Compared to FY 2024’s Second Quarter): Douglas C. Yearley , Jr., chairman and chief executive officer, stated: “We are pleased with our second quarter results, as we delivered earnings that significantly exceeded expectations. Despite a softer demand environment, […]
James Hardie Achieves FY25 Guidance Issues FY26 Guidance for Organic Sales and Adjusted EBITDA Growth
Delivers Global and North America Results Consistent with FY25 Guidance FY25 GAAP Operating Income of $656 million, Adjusted EBITDA of $1.1 billion FY25 Adjusted EBITDA Margin of 27.8% Reflecting Hardie Operating System Savings and Cost Control Expects Organic Sales and EBITDA Growth In Every Region for FY26 James Hardie Industries plc (“James Hardie” or the […]