Carlisle Companies Incorporated (NYSE:CSL), a leading supplier of innovative building products and solutions, today released a video and presentation featuring its Vision 2030 strategy and financial targets. Vision 2030 outlines the next phase of profitable growth and superior returns following the pivot of Carlisle’s portfolio of general industrial businesses to a pure play building products company […]
Hooker Furnishings Posts Double-Digit Income Gains in Third Quarter
Hooker Furnishings Corporation (NASDAQ-GS: HOFT), a global leader in the design, production, and marketing of home furnishings for nearly a century, today reported operating results for its fiscal 2024 third quarter and nine-month period ended October 29, 2023. Fiscal 2024 Third Quarter Overview: Management Commentary “Despite a challenging macroeconomic environment for the home furnishings industry, […]
GMS Reports Second Quarter Fiscal 2024 Results
Strong Multi-Family and Commercial Activity During the Quarter Amid An Improving Single-Family Demand Backdrop GMS Inc. (NYSE: GMS), a leading North American specialty building products distributor, today reported financial results for the fiscal second quarter ended October 31, 2023. Second Quarter Fiscal 2024 Highlights (Comparisons are to the second quarter of fiscal 2023) “We were […]
Ambassador Supply Acquires Ideal Steel
Ambassador Supply has acquired Ideal Steel, a highly-regarded leading regional manufacturer of components and pre-engineered steel buildings. Located in Broussard, Louisiana, the manufacturer has over 20 years of experience serving industrial, commercial, agricultural, and residential markets. This acquisition strengthens both companies’ commitments to providing high-quality products and impacting the industry. “We’re thrilled to welcome Ideal […]
VIDA to Invest in Bruza Sawmill in Hjältevad, Sweden
VIDA AB, owned 70% by Canfor Corporation (TSX:CFP), announced today that it will invest approximately 700 million SEK (CAD$85 million) at its Bruza Sawmill in Hjältevad, expanding production from 175 million board feet to 240 million board feet. This major investment includes a new highcapacity planing mill equipped with the latest technology, a new boiler, […]
Canadian National to Acquire Iowa Northern Railway
Acquisition Will Provide Options for Shipping to and from Iowa Canadian National (“CN”) announced that it has signed and closed an agreement to acquire Iowa Northern Railway (“IANR”), which operates approximately 275 track miles in Iowa connecting to CN’s U.S. rail network. The transaction closed into an independent voting trust pending regulatory review of the […]
Greif Reports Fourth Quarter and Fiscal 2023 Results
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 […]