Carlisle Construction Materials LLC (“CCM”) has officially opened its newest facility in Sikeston, Missouri. Local, regional and state leaders joined the manufacturing company’s executives in a ribbon-cutting ceremony at the facility earlier today. “We’re proud that Carlisle Construction Materials chose to expand its business here in Missouri,” said Governor Mike Parson. “This investment is a testament to our […]
MasterBrand Releases Inaugural Environmental, Social and Governance Report
MasterBrand, Inc. (the “Company,” or “MasterBrand”), the largest residential cabinet manufacturer in North America, today released the Company’s inaugural Environmental, Social and Governance (“ESG”) Report. The report provides an overview of MasterBrand’s ESG progress in many areas and showcases the ways the Company is living its mission to be a responsible steward of resources. “Being […]
L&W Supply Announces 7 Branch Manager Promotions
L&W Supply, a nationwide distributor of interior building materials and construction supplies, has announced that Carter Bingham has been named branch manager of its Jacksonville South, Florida, location. Since joining L&W Supply in 2017, Bingham has held various roles including warehouse material handler, stocker, inside sales representative and outside sales representative. He has accumulated this […]
White Cap Releases 2022 Sustainability Report
White Cap Supply Holdings, LLC (“White Cap”), a distributor of specialty construction supplies and safety products for professional contractors, today released its second annual Sustainability Report, titled “Building Trust through Our Commitments.” This 2022 Sustainability Report highlights White Cap’s Environmental, Social and Governance (ESG) program initiatives, progress made in key ESG areas over the past […]
Freddie Mac: Mortgage Rates Move Up Modestly
Freddie Mac released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.71 percent. “Mortgage rates have hovered in the six to seven percent range for over six months and, despite affordability headwinds, homebuyers have adjusted and driven new home sales to its highest level in more than a year,” […]
CoreLogic: US Mortgage Performance Continues Strong Run in April
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released its monthly Loan Performance Insights Report for April 2023. For the month of April, 2.8% of all mortgages in the U.S. were in some stage of delinquency (30 days or more past due, including those in foreclosure), representing a 0.1 percentage point decrease compared […]
NAR: Pending Home Sales Shrunk 2.7% in May
Pending home sales shrunk 2.7% in May from the previous month, according to the National Association of REALTORS®. Three U.S. regions posted monthly losses, while sales in the Northeast surged. All four regions saw year-over-year declines in transactions. Key Highlights “Despite sluggish pending contract signings, the housing market is resilient with approximately three offers for […]
Floor & Decor Announces Grand Opening of Clermont, Florida Store
Floor & Decor, the leading high-growth retailer specializing in hard-surface flooring for homeowners and professionals, has announced the grand opening of its twenty-ninth warehouse store in Florida, with the addition of its newest location in Clermont, Florida. Located at 4800 Collina Terrace, it is the fifth store in the Orlando metropolitan area. The warehouse store […]
EY Announces L.T. Gibson of US LBM as an Entrepreneur Of The Year® 2023 Southeast Award Winner
Ernst & Young LLP (“EY US”) has announced that US LBM President and CEO L.T. Gibson was named an Entrepreneur Of The Year® 2023 Southeast Award winner. The Entrepreneur Of The Year Awards program is one of the preeminent competitive awards for entrepreneurs and leaders of high-growth companies. L.T. Gibson was selected by an independent judging […]
Kewaunee Scientific Reports Results for Fiscal Year and Fourth Quarter
Kewaunee Scientific Corporation (“Kewaunee” or the “Company”) announced results for its fourth quarter and its fiscal year ended April 30, 2023. Fiscal Year 2023 Fourth Quarter Results Sales during the fourth quarter of fiscal year 2023 were $53,986,000, an increase of 8.6% compared to sales of $49,715,000 from the prior year’s fourth quarter. The increase was a result of […]