Stora Enso has entered into an agreement to acquire 100% of the Finnish sawmill company Junnikkala Oy. This acquisition aims to secure a cost-efficient wood supply to Stora Enso’s packaging board site in Oulu, Finland, and to support Stora Enso’s wood products business with new production assets. The total enterprise value (EV) for the transaction […]
Do it Best Announces Curtis Smith as Executive Director of the Do it Best Foundation
Do it Best announced the hiring of Curtis Smith as the new Executive Director of the Do it Best Foundation, effective immediately. In this role, Smith will focus on building the Foundation’s impact and presence in the communities it serves. Most recently, Smith served as the chief marketing and communications officer for Lasting Change Inc, […]
Simpson Manufacturing Co. Appoints Matt Dunn as Chief Financial Officer and Treasurer
Simpson Manufacturing Co., Inc. (the “Company”), an industry leader in engineered structural connectors and building solutions, announced it has appointed Matt Dunn as Chief Financial Officer and Treasurer, effective January 1, 2025. Mr. Dunn has served as Simpson’s Senior Vice President of Finance since June 2024 and will succeed Brian Magstadt. Mr. Magstadt will continue […]
Lumber Price Index for Week Ending October 25, 2024
The Madison’s Lumber Prices Index for the week ending October 25, 2024 is: US$445 mfbm. This is up +2%, or +$8, from the previous week when it was US$437. This is up +5%, or +$21, from one month ago when it was US$424. For information regarding the construction of this Index (species mix, weighed averages) […]
Statistics Canada: New Housing Price Index, September 2024
Buyers see another month without change in new home prices The national index remained unchanged for the second consecutive month in September. Prices were unchanged in 12 of the 27 census metropolitan areas (CMAs) surveyed, up in 8 CMAs, and down in the remaining 7. The largest monthly declines in September were registered in Guelph and St. Catharines–Niagara New home buyers saw […]
Canfor Reports Results for Third Quarter of 2024
Canfor Corporation (“The Company” or “Canfor”) reported its third quarter of 2024 results: Overview For the third quarter of 2024, the Company reported an operating loss of $559.7 million, compared to an operating loss of $250.8 million in the second quarter of 2024. During the current period, the Company’s British Columbia (“BC”) operations continued to […]
La-Z-Boy Incorporated Opens Newly Renovated Showroom at High Point Market
Showcases new visual elements and product offerings aimed to deliver the transformational power of comfort across all generations Demonstrates continued Century Vision progress, and reinforces company’s commitment to the industry La-Z-Boy Incorporated, a global leader in the manufacture and retail of residential furniture, has opened its newly renovated showroom at High Point Market in Furniture Plaza, High […]
Tractor Supply Company Reports Third Quarter 2024 Financial Results
Tractor Supply Company, the largest rural lifestyle retailer in the United States (the “Company”), reported financial results for its third quarter ended September 28, 2024. “We delivered on our expectations for the third quarter amid a tepid retail sales environment while advancing our Life Out Here strategy. The fundamentals of our business remain strong with […]
Allegion Reports Q3-2024 Financial Results
Revenue growth and margin expansion mark strong third-quarter performance Allegion plc, a leading global security products and solutions provider, reported financial results for its third quarter (ended Sept. 30, 2024). Quarterly Financial Highlights (All comparisons against the third quarter of 2023, unless otherwise noted) Full-Year Outlook Highlights “Q3 marks another quarter of strong results for […]
Paper Excellence Group Rebrands as Domtar
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 […]