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CSX Names Rail Industry Veteran Mike Cory Chief Operating Officer

CSX Corp. (“CSX”) announced today the appointment of Mike Cory, a seasoned railroad executive with more than 40 years of operations experience, as the company’s executive vice president and chief operating officer. Formerly executive vice president and chief operating officer for the Canadian National (CN) Railway, Cory has provided transportation consulting services since retiring from the […]

Carlisle Companies Announces a Process to Sell Carlisle Interconnect Technologies

Carlisle Companies Incorporated today announced that it is commencing a process to sell Carlisle Interconnect Technologies (“CIT”). CIT designs and manufactures high-performance wire and cable, including optical fiber for the commercial aerospace, military and defense electronics, medical device, industrial and test & measurement markets. CIT’s product portfolio also includes sensors, connectors, contacts, cable assemblies, complex […]

JELD-WEN Named to Newsweek’s Inaugural List of World’s Most Trustworthy Companies

JELD-WEN Holding, Inc. (“JELD-WEN”), a leading global manufacturer of building products, has been named to Newsweek’s inaugural list of the World’s Most Trustworthy Companies 2023. JELD-WEN is the only window and door manufacturer on the global list. “We are immensely proud that JELD-WEN has secured its place among the World’s Most Trustworthy Companies,” said CEO […]

Rival Holdings Names New Senior Corporate Counsel

Rival Holdings has named Scott Campbell as its new senior corporate counsel. Rival, which launched operations last month, has assembled an experienced team with deep industry knowledge and a desire to make a strong, positive impact on the built world. Campbell brings an extensive knowledge of managing mergers and acquisition activities in a corporate counsel […]

Maximus Building Supply Bucking the Industry Trend

It’s no secret that the workforce in the construction industry is aging. According to recent research by LBM Journal, nearly 60 percent are over age 56, and young professionals under 35 represent a mere six percent. One forward-thinking building supplier is bucking that trend in a big way, with an eye on his company’s future […]

Westlake Royal Building Products™ Rebrands Palight® Trimboard to Skytrim™ PVC Line

Westlake Royal Building Products (USA), Inc. (“Westlake Royal”), a Westlake company (NYSE:WLK), announced today that Palight® Trimboard is now Skytrim™, a sophisticated line of PVC trim options. Skytrim is a complete line of PVC trim options including trimboard & sheets, beadboard, decorative mouldings, post wraps, corners & millwork profiles, and a Cortex® Fastening System. It’s made with free-foam […]

Freddie Mac: Mortgage Rates Decrease from Last Week While Remaining Above Seven Percent

Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 7.12 percent. “For the fourth consecutive week, the 30-year fixed-rate mortgage hovered above seven percent,” said Sam Khater, Freddie Mac’s Chief Economist. “The economy remains buoyant, which is encouraging for consumers. Though while inflation has decelerated, […]

Sawmill Operator Agrees to Compliance with Federal Child Labor Laws After Wisconsin Teen Suffers Fatal Injuries Operating Dangerous Machinery

Department of Labor prevents ‘hot goods’ sale, obtains judgment requiring compliance The U.S. Department of Labor has obtained a federal consent order and judgment against sawmill operator Florence Hardwoods LLC following the death of a child. The order requires the Florence County company to place labels and signage to prevent children under age 18 from using dangerous […]

Mark’s Expands Industrial Presence with the Launch of WorkPro and L’Equipeur Pro Stores

Mark’s is excited to unveil its latest venture, introducing two new industrial-exclusive retail destinations: Mark’s WorkPro and L’Equipeur Pro. Embarking on a strategic expansion, the brand will inaugurate four stores in 2023. Catering to the unique needs of work gear customers, Mark’s WorkPro and L’Equipeur Pro outlets offer a seamlessly tailored shopping experience. The design […]