Greif, Inc. (NYSE: GEF, GEF.B), a world leader in industrial packaging products and services, today announced fourth quarter and fiscal 2023 results. Fourth Quarter Results Include (all results compared to the fourth quarter 2022 unless otherwise noted): Fiscal Year Results Include (all results compared to the fiscal year 2022 unless otherwise noted): Strategic Actions and Announcements CEO Commentary “I am deeply proud of […]
Klahoose First Nation Purchase Majority of Forest Tenure in Their Traditional Territory
The landmark deal between Klahoose First Nation and Interfor will advance the Nation’s goal of self-determination and strengthen their position in the B.C. forest sector The Klahoose First Nation has signed a landmark deal with forest company Interfor to purchase a total tenure of 181,036 cubic metres of annual cut of forest lands located on […]
NAHB: Big Win for Contractors in Illinois Construction Defects Case
The Illinois Supreme Court last week issued an opinion that was extremely favorable to the construction industry in Acuity v. M/I Homes of Chicago, LLC, a case involving commercial general liability (CGL) coverage for construction defects resulting in water damage to a townhome project. The Supreme Court responded to the request of the appellate court to […]
LP Building Solutions Named One of America’s Most Responsible Companies By Newsweek
Ranking places LP among America’s top companies for environmental, social and governance practices LP Building Solutions (“LP”), a leading manufacturer of high-performance building products, announced that it has been recognized by Newsweek as one of America’s Most Responsible Companies for 2024. LP was awarded this honor based on a holistic view of corporate responsibility that considers […]
DH Pace Announces Expansion in Arkansas
We are happy to announce a new partnership between Overhead Door Company of Little Rock™ and the DH Pace Company. Overhead Door Company of Little Rock™ was founded in 1967 and became a market leader in the Arkansas residential and commercial door industry. Over that time they have earned a reputation for providing a broad […]
Springs Window Fashions Names Oscar Bolanos Chief Operating Officer
Springs Window Fashions, a leading global provider of custom window coverings, named Oscar Bolaños as Chief Operating Officer. The announcement was made by Springs Window Fashions President and Chief Executive Officer Jason Bingham. Bringing an extensive manufacturing background spanning over 25 years in the United States, Mexico and Europe, Bolaños assumes a vital role in […]
Mortgage Applications Increase in December 6th MBA Weekly Survey
Mortgage applications increased 2.8 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending December 1, 2023. Last week’s results include an adjustment for the observance of the Thanksgiving holiday. The Market Composite Index, a measure of mortgage loan application volume, increased 2.8 percent […]
Madison’s Reporter: Lumber Prices Rise on Ongoing Supply Constraints
In the week ending November 24, 2023, the price of Western S-P-F 2×4 #2&Btr KD (RL) was US$414 mfbm, said forest products industry price guide newsletter Madison’s Lumber Reporter. This is up by +$10, or +2%, from the previous week when it was US$404 mfbm. That week’s price is up by +$20, or +5%, from […]
US LBM Acquires Arizona Truss Manufacturer Holderness Supplies
National building materials distributor expands manufacturing reach in southwestern US US LBM, a leading distributor of specialty building materials in the United States, has acquired Holderness Supplies, a top manufacturer of structural building components and distributor of engineered wood products in Arizona. Located in Tucson, Holderness Supplies operates an 11-acre facility where it manufactures floor […]
HDI Global Insurance Company Acquires Indiana Lumbermens Insurance Company
HDI Global Insurance Company (HDI) has strengthened its position in the U.S. market with the acquisition of Indiana Lumbermens Insurance Company (ILIC), a subsidiary of Pennsylvania Lumbermens Mutual Insurance Company (PLM). HDI has purchased one hundred percent (100%) of the shares of ILIC from PLM. The trans-action closed on November 30, 2023. The parties have not […]