Worthington Industries, Inc. (“Worthington”) reported net sales of $1.2 billion and net earnings of $129.9 million, or $2.61 per diluted share, for its fiscal 2023 fourth quarter ended May 31, 2023. In the fourth quarter of fiscal 2022, the Company reported net sales of $1.5 billion and net earnings of $80.3 million, or $1.61 per […]
La-Z-Boy Appoints Raza Haider to Board of Directors
La-Z-Boy Incorporated, a global leader in residential furniture, today announced that Raza S. Haider has been named to its Board of Directors, effective yesterday. He will serve on the Nominating and Governance Committee. The appointment expands the Board to 11 members. Mr. Haider is the Chief Product and Supply Chain Officer of Bose Corporation. At Bose, he is responsible for designing strategic […]
Enviva Officially Establishes Roots in Alabama with a Ceremonial Groundbreaking in Sumter County
Enviva Inc. (“Enviva”), the world’s leading producer of sustainably sourced woody biomass, breaks ground on its forthcoming Epes plant under construction in Sumter County, AL. Enviva has been active in Sumter County since its initial assessment of the site in 2018. In 2020, Enviva acquired over 300 acres in the Epes Industrial Park, located next […]
Miranda Lambert’s MuttNation & Tractor Supply Award Over $250,000 in Grants to 52 Animal Shelters
Three-time GRAMMY Award-winning Country superstar Miranda Lambert’s MuttNation Foundation and Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retailer in the United States, teamed up for the third consecutive year to donate more than $250,000 to animal shelters across the nation. Through MuttNation’s Mutts Across America program, one outstanding shelter or foster-based rescue in every state – plus Washington, D.C. and a […]
Western Window Systems Relaunches Series 7600 Multi-Slide Door
Western Window Systems, part of the PGT Innovations (NYSE: PGTI) family of brands, recently announced a relaunch of the Series 7600 Multi-Slide Door with new features that will be available in the brand’s robust portfolio of high-performance products. The recently relaunched product comes with several enhancements, including a new extrusion profile design, custom thermal break design and […]
Trex 2022 ESG Report Highlights Sustainability Integration Across the Company
Trex Company, Inc. (NYSE:TREX), the world’s #1 brand of sustainably made, wood-alternative decking and railing – all proudly manufactured in the U.S.A. – and a leader in high-performance, low-maintenance outdoor living products, today published its 2022 Environmental, Social and Governance (ESG) report. Trex simultaneously advanced its long-range growth strategy and sustainability initiatives, executed at a high level, and […]
Mortgage Applications Increase in June 28th MBA Weekly Survey
Mortgage applications increased 3.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending June 23, 2023. This week’s results include an adjustment for Juneteenth holiday. The Market Composite Index, a measure of mortgage loan application volume, increased 3.0 percent on a seasonally adjusted basis […]
84 Lumber Selected as a National Preferred Partner by David Weekley Homes
84 Lumber proudly accepted the 19th annual National Preferred Partner Award from David Weekley Homes, one of the nation’s largest privately held homebuilders. Through its National Preferred Partner awards, David Weekley Homes recognized top field and manufacturing partners who have consistently operated at world-class levels, as determined by the homebuilder’s supplier evaluation platform. This is […]
Governor Youngkin Announces Expansion of Forest Products Company in Wythe County
Governor Glenn Youngkin announced that Musser Biomass and Wood Products, a division of family-owned and -operated Musser Lumber Company, will invest $7.5 million and create ten new, high-paying jobs to expand its operation in Wythe County. The expansion will more than double production of dried hardwood chips and sawdust the company supplies to composite decking […]
Railroads Reach Agreement to Create New Direct Connection and Corridor Linking Mexico, Texas and the U.S. Southeast
Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC), CSX Corporation (NASDAQ: CSX) (CSX) and Genesee & Wyoming Inc. (G&W) today announced they have reached agreements that when completed will create a new direct CPKC-CSX interchange connection in Alabama. As part of the series of proposed transactions, CPKC and CSX would each acquire or operate […]