Accsys announces that Steven Salo will step down from his role as Chief Financial Officer. Steven joined Accsys on 1 April 2023 and has helped navigate the Company through a period of economic headwinds, and has contributed to the successful raising of capital and financing for the completion of our US JV project in Kingsport. […]
International Paper Publishes 2023 Sustainability Report
International Paper announced the progress on its Vision 2030 sustainability targets and published reporting against the Sustainability Accounting Standards Board (SASB) disclosures and Task Force on Climate-related Financial Disclosures (TCFD) recommendations International Paper released its?2023 Sustainability Report, which illustrates the progress made on our Vision 2030 goals and outlines our commitment to building a better […]
The Watermill Group Invests in Musser Lumber Company
The Watermill Group, a strategy-driven private investment firm, is proud to announce it has completed an investment in Musser Lumber and its principal operating subsidiary, Musser Biomass and Wood Products (collectively, “Musser”), the mid-Atlantic region’s leading producer of premium dried hardwood fiber and associated converted products. “Musser is thrilled to partner with the Watermill Group on our next chapter […]
Weyerhaueser, Firefighter Behavioral Health Alliance Partner for Third Year to Provide Mental Health Resources for Wildland Firefighters
Fighting Fires Together campaign raises awareness and helps address mental health challenges of wildland firefighting Weyerhaeuser Company and Firefighter Behavioral Health Alliance (FBHA) announced the launch of Fighting Fires Together, a campaign designed to increase awareness around the importance of mental health support for wildland firefighters and their families. Now in its third year, the partnership between Weyerhaeuser and […]
KV Capital’s Private Equity Division Partners with Nelson Lumber to Launch Building Products Portfolio
Strategic partnership enhances capabilities and market reach in building products sector We are excited to announce a strategic partnership with Nelson Lumber Company Ltd., a leading Alberta-based supplier of commercial and residential building supplies for renovations and new home construction, along with Nelson Homes, a manufacturer of ready-to-move and prefabricated homes (collectively referred to as […]
Owens Corning Completes Acquisition of Masonite
Expands Owens Corning’s leadership position in branded residential products with a complementary line of innovative interior and exterior doors and door systems Creates a scalable new growth platform leveraging combined commercial, operational, and innovation capabilities Enhances Owens Corning’s attractive financial profile Generates strong free cash flow to support consistent capital allocation strategy Names Chris Ball […]
The Home Depot Launches Military Moving Hub to Support Military Relocations
Program offers exclusive shopping discounts and moving resources for U.S. Armed Forces and Military Spouses In honor of Armed Forces Day, The Home Depot launched a new Military Moving hub designed to offer information tailored to military families to learn how to save time and money on their next Personally Procured Move (PPM), including a downloadable permanent […]
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 0.5 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 10, 2024. The Market Composite Index, a measure of mortgage loan application volume, increased 0.5 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, […]
Cooper Lumber Acquires Thomasville Lumber Company, Inc.
Cooper Lumber is excited to announce the acquisition of Thomasville Lumber Company, Inc. Thomasville Lumber Company, owned and operated by James Dixon since 2001, produces 4/4 and 8/4 rough and dressed pine lumber for sale in both domestic and export markets, and is known in the industry for its superior lumber quality and customer satisfaction. […]
Madison’s Reporter: Lumber Prices Drop Further
Glimmers of improving inquiry and increased sales volumes were blunted by an ongoing sense of oversupply and weak demand. In the week ending May 3, 2024, the price of Western S-P-F 2×4 #2&Btr KD (RL) was US$383 mfbm, said forest products industry price guide newsletter Madison’s Lumber Reporter. This is down -$25, or -6%,from the […]