Fastenal Becomes Presenting Sponsor of All NHL Global Series European Games, Including 2023 NHL Global Series Sweden and NHL Saturday and NHL Sunday Broadcasts Fastenal Company (Nasdaq: FAST), a global leader in supply chain solutions and industrial distribution, and the National Hockey League (NHL®) today announced a multiyear global partnership extension. The renewed partnership expands […]
BuildDirect Announces Launch of Sixth Pro Center in North America
BuildDirect.com Technologies Inc. (TSXV: BILD) (“BuildDirect” or the “Company”) a leading omnichannel building material retailer, is pleased to announce the launch of its sixth brick-and-mortar Pro Center, via an existing Company facility in Richmond, British Columbia, which aims to service flooring professionals in the Greater Vancouver market as well as the Seattle and Spokane markets in […]
CSX and BRS Reach Agreement on Paid Sick Leave
CSX Corporation (“CSX”) is pleased to announce the ratification of a paid sick leave agreement with the SCL property for the Brotherhood of Railroad Signalmen covering nearly 400 employees. The agreement underscores CSX’s commitment to the welfare and well-being of its workforce. It provides a sick leave package that ensures employees can take necessary time […]
The AZEK® Company Named in 2024 Best Companies to Work for List by U.S. News & World Report
The AZEK Company Inc. (“AZEK” or the “Company”), the industry-leading manufacturer of beautiful, low-maintenance and environmentally sustainable outdoor living products, including TimberTech® decking and railing, Versatex® and AZEK® Trim, and StruXure™ pergolas, was awarded a place on the U.S. News & World Report inaugural list of best companies to work for in the construction and materials category. “It […]
Canadian National Announces COO Succession and Evolution of Operating Structure
New Structure Further Embeds ‘Make the Plan, Run the Plan, Sell the Plan’ Approach, Creating the Right Conditions to Accelerate Growth at Low Incremental Cost Canadian National (“CN”) announced the appointment of Patrick Whitehead as Executive Vice-President and Chief Network Operating Officer and the appointment of Derek Taylor as Executive Vice-President and Chief Field Operating […]
PPG Reports Q3 Financial Results; Raises Full-year EPS Guidance
PPG (NYSE:PPG) today reported financial results for the third quarter 2023. Third Quarter Consolidated Results $ in millions, except EPS 3Q 2023 3Q 2022 Y-O-Y change Net sales $4,644 $4,468 +4% Net income $426 $329 +29% Adjusted net income(a) $493 $393 +25% EPS $1.79 $1.39 +29% Adjusted EPS(a) $2.07 $1.66 +25% (a) Reconciliations of reported […]
Apogee Enterprises Announces Leadership Transition
Apogee Enterprises, Inc. (Nasdaq: APOG) today announced a transition in its segment leadership. Effective immediately, Brent C. Jewell will assume the role of President of Apogee’s Architectural Glass Segment. Brent will succeed Nick C. Longman, who has concurrently been named President of Apogee’s Architectural Framing Systems Segment. “This leadership transition comes two years into the execution of Apogee’s new enterprise […]
NAHB: Single-Family Starts Post Unexpected Gain in September as High Interest Rates Persist
Despite elevated mortgage rates averaging above 7%, single-family starts posted a solid gain in September as more buyers are turning to new homes because of a dearth of inventory in the resale market. Overall housing starts increased 7% in September to a seasonally adjusted annual rate of 1.36 million units, according to a report from […]
L&W Supply Names Jonathan Daily Branch Manager of its Jonesboro, Georgia, Location
L&W Supply, a nationwide distributor of interior building materials and construction supplies, has announced that Jonathan Daily has been named branch manager of its Jonesboro, Georgia, location. Daily joined the L&W Supply team in 2015 as an outside sales representative at the Dallas, Texas location. Since then, he has also held the role of delivery […]
U.S. Census Bureau: Monthly New Residential Construction, September 2023
The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential construction statistics for September 2023: Building Permits Privately-owned housing units authorized by building permits in September were at a seasonally adjusted annual rate of 1,473,000. This is 4.4 percent below the revised August rate of 1,541,000 […]