Smurfit Westrock plc, a global leader in sustainable packaging, is pleased to announce its primary listing on the New York Stock Exchange (NYSE), under the ticker ‘SW,’ following the completion of the previously announced combination of Smurfit Kappa and WestRock on July 5, 2024. The company also has a standard listing on the London Stock […]
Accsys Technologies PLC: Directorate Update
Accsys announces that Interim Chief Financial Officer (CFO), Hans Pauli, has been appointed as an executive director of the Company with effect from 4 July 2024. On 16 May 2024 the Company announced that Hans Pauli had been appointed as Interim CFO whilst a search was underway to replace previous CFO, Steven Salo. While the […]
US LBM Acquires Wisconsin Truss Manufacturer
National building materials distributor acquires Wisconsin’s Automated Products, Inc. US LBM, a leading distributor of specialty building materials in the United States, has acquired Automated Products, Inc. (API) a top manufacturer and supplier of structural building components located in Wisconsin. Founded in 1964, API manufactures roof trusses, floor trusses, wall panels and floor panels for […]
ABC: Construction Adds 27,000 Jobs in June; Industry Unemployment Rate Plunges to Second Lowest Ever Recorded
The construction industry added 27,000 jobs on net in June, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has increased by 235,000 jobs, an increase of 2.9%. Nonresidential construction employment increased by 21,200 positions on net, with growth […]
RONA Presents $401,000 to the Foundation Charles-Bruneau for a Cancer-Free Childhood
For the 9th consecutive year, the organization took part in the Tour CIBC Charles-Bruneau to benefit the Fondation Charles-Bruneau Thanks to the engagement of RONA employees, vendor partners, and affiliated dealers, it was possible to raise this amount in support of pediatric cancer research in Québec RONA inc., one of Canada’s leading home improvement retailers operating […]
Pella Corporation Announces Divestiture within Luxury Division
Divestiture of Duratherm and Reilly to be Completed by August 1 Pella Corporation, the industry’s leading window and door manufacturer, announces the divestiture of its two luxury businesses. As part of the company’s strategic planning process and routine evaluation of its industry position, Pella made the careful decision to sell Duratherm Window Company, LLC and Michael […]
House-Hasson Acquires Bostwick-Braun
House-Hasson Hardware, America’s largest independent regional hardware distributor, has finalized its acquisition of former Midwestern U.S. wholesale hardware distributor Bostwick-Braun Hardware’s warehouses and inventory. The acquisition adds to House-Hasson two warehouses in Indiana and Arkansas as well as more than 45,000 stock keeping units (SKU) to its existing 55,000 SKU inventory. The facility, inventory, and employee expansion will give […]
CN Announces Net-Zero Target Approved by Science Based Targets initiative
CN releases its 2023 Sustainability Data Supplement CN is proud to announce that its net-zero by 2050 target has been validated by the Science Based Targets initiative (SBTi). In using a science-based approach to its climate commitments, CN and the broader North American rail industry are aligned to reducing emissions and decarbonizing to deliver a […]
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 2.6 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending June 28, 2024. The Market Composite Index, a measure of mortgage loan application volume, decreased 2.6 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the […]
Freddie Mac: Mortgage Rates Increase
Freddie Mac released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.95 percent. This week’s results include an adjustment for the observance of Independence Day. “Mortgage rates increased this week, coming in just under seven percent,” said Sam Khater, Freddie Mac’s Chief Economist. “Both new home and pending home sales […]