Mortgage applications decreased 1.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s (“MBA”) Weekly Mortgage Applications Survey for the week ending October 20, 2023. The Market Composite Index, a measure of mortgage loan application volume, decreased 1.0 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, […]
U.S. Census Bureau: Monthly New Residential Sales, September 2023
The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential sales statistics for September 2023: New Home Sales Sales of new single-family houses in September 2023 were at a seasonally adjusted annual rate of 759,000, according to estimates released jointly today by the U.S. Census Bureau […]
PGT Innovations Announces New Glass Option for PGT Custom Windows and Doors
The window and door leader will now offer a thin triple IGU under its EnergyVue product line in northern markets PGT Innovations, a national leader in the premium window, door, and garage door industry, is now offering its next-generation thin triple insulated glass units (IGU), branded as ULite, as a glass package option within its PGT Custom […]
Wabash Announces Third Quarter 2023 Results
Quarterly revenue of $633 million Operating income of $78 million with operating margin of 12.3% Quarterly diluted earnings per share of $1.16 Total backlog of $1.9B, order activity shifting toward later end of typical seasonality 2023 EPS outlook increased $0.20 to $4.65 midpoint Wabash, the innovation leader of connected solutions for the transportation, logistics and distribution industries, reported results for […]
CSX and BRS Reach Second Agreement on Paid Sick Leave
CSX Corp. (NASDAQ: CSX) is announcing the ratification of a paid sick leave agreement covering approximately 200 employees represented by the Brotherhood of Railroad Signalmen (BRS) on the company’s L&N property. The ratification follows another recent agreement with the BRS covering nearly 400 employees on the SCL property. Both agreements provide a sick leave package […]
2023 Governor’s Export Achievement Awards Honor Exporting Success and Promotion
Badger Technology Group, MacDonald & Owen Lumber Company, S3 AeroDefense and Dairy Farmers of Wisconsin recognized Governor Tony Evers announced Badger Technology Group of Port Washington, MacDonald & Owen Lumber Company of West Salem, S3 AeroDefense of Glendale, and Dairy Farmers of Wisconsin, Madison, as the winners of the 2023 Governor’s Export Achievement Awards Tuesday […]
Madison’s Reporter: Lumber Prices Trendline Normalizes
In the week ending September 29, 2023, the price of Western S-P-F 2×4 #2&Btr KD (RL) was US$400 mfbm, said forest products industry price guide newsletter Madison’s Lumber Reporter. This is down by -$16, or -4%, from the previous week when it was $416. That week’s price is down by -$17, or -4%, from one […]
Change in Stora Enso’s Group Leadership Team
Stora Enso appoints Ad Smit as Executive Vice President of the Packaging Solutions division and a member of the Group Leadership Team. He will start on 1 December 2023 and report to Hans Sohlström, President and CEO of Stora Enso. Ad Smit is a Dutch citizen and will be based in the Netherlands. He has […]
ATCO Selected by South Australia as Partner on World’s Largest Hydrogen Production Facility
The South Australian Government has announced a consortium comprising ATCO Australia and BOC, a Linde company, as the preferred partner to design the world’s biggest hydrogen production facility and a hydrogen power plant near Whyalla, South Australia. The ATCO Australia and BOC consortium has committed to an Early Contractor Involvement (ECI) agreement with the State […]
Canadian National Announces Third Quarter Results
Disciplined Scheduled Operation Continues to Deliver Solid Operating Performance CN (TSX: CNR) (NYSE: CNI) today reported its financial and operating results for the third quarter ended September 30, 2023. “Our ‘Make the Plan, Run the Plan, Sell the Plan’ approach continued to perform well, delivering strong customer service despite weak consumer demand as well as […]