BlueLinx Holdings Inc. (“BlueLinx”), a leading U.S. wholesale distributor of building products, today announced that Tricia Kinney has been appointed General Counsel and Corporate Secretary, effective July 31, 2023. In this role, she will report to Shyam Reddy, BlueLinx’s President and Chief Executive Officer. Tricia is a trusted executive leader with more than 20 years […]
RONA inc. Launches The Brand-New RONA+ Banner
RONA inc., one of Canada’s leading home improvement retailers operating or servicing some 425 corporate and affiliated stores under different banners, is starting its transition plan to make RONA the leader of the Canadian home improvement sector. Today, RONA is announcing the beginning of the Lowe’s stores’ conversion to the RONA banner, an iconic brand that has […]
Leggett & Platt Announces New Chief Financial Officer
Diversified manufacturer Leggett & Platt announced that its Board of Directors appointed Benjamin M. Burns as Executive Vice President and Chief Financial Officer effective June 21, 2023. Ben replaces Jeffrey L. Tate, who departed from his position effective the same day. President and CEO Mitch Dolloff commented, “I am pleased to announce that Ben Burns will serve as CFO. He is a 20-year veteran of Leggett […]
Studs Lumber Company Opens a Location in Pagosa Springs, CO
Studs Lumber Company, an independent and locally focused full-service building material supplier, committed to providing top-notch products and services to contractors, builders, and homeowners based in Durango, CO, is excited to announce the opening of their second location in Pagosa Springs, CO. Located at 84 Goldmine Drive. This store will be highly focused on siding […]
Freddie Mac: Mortgage Rates Continue to Slide Down
Freddie Mac released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (“FRM”) averaged 6.67 percent. “Mortgage rates slid down again this week but remain elevated compared to this time last year,” said Sam Khater, Freddie Mac’s Chief Economist. “Potential homebuyers have been watching rates closely and are waiting to come off […]
Ace Hardware Announces Expansion Plans For New Distribution Center Near Kansas City, Missouri
Ace Hardware Corporation, the world’s largest retailer-owned hardware cooperative, announced plans to open a new Retail Support Center (“RSC”) located in Kansas City, MO. The new facility, spanning approximately 1.5 million square feet, is projected to be fully operational in 2025, and is expected to provide employment opportunities to over 350 people. “We’re excited to […]
NAR: Existing-Home Sales Edged Higher by 0.2% in May
Existing-home sales marginally increased in May, according to the National Association of REALTORS®. Sales were mixed among the four major U.S. regions, with the South and West posting improvements and the Northeast and Midwest experiencing pullbacks. All four regions experienced year-over-year sales declines. Key Highlights Total existing-home sales1 – completed transactions that include single-family homes, townhomes, condominiums […]
GMS Reports Fourth Quarter and Fiscal Year 2023 Results
GMS Inc. (“GMS” or the “Company”), a leading North American specialty building products distributor, today reported financial results for the fourth quarter and fiscal year ended April 30, 2023. Fourth Quarter Fiscal 2023 Highlights (Comparisons are to the fourth quarter of fiscal 2022 unless otherwise noted) Full Year Fiscal 2023 Highlights (Comparisons are to the […]
Collins Appoints Frank Torresy as General Counsel
Collins announced today that Frank Torresy, will become General Counsel for the company. Frank has over 15 years of experience in general corporate and complex commercial law, and real asset portfolio investment management. Most recently, he was the Vice President for Investments at Agriculture Capital Management. Prior to that, Frank earned a decade of industry […]
LP Building Solutions Announces Grand Opening of LP Innovation Center
LP Building Solutions (“LP”), a leading manufacturer of high-performance building products, announced the grand opening of the LP Innovation Center. The facility, located at the Natural Resources Research Institute (“NRRI”) at the University of Minnesota Duluth, marks a significant milestone in LP’s commitment to growth, innovation and sustainability, emphasizing its focus on driving future growth through new product […]