West Fraser Timber Co. Ltd. (“West Fraser” or the “Company”) released its 2022 Sustainability Report, providing a comprehensive disclosure on topics such as climate action, sustainable forestry and environmental performance as well as a newly developed social performance strategy outlining priorities in areas including safety, diversity, equity and inclusion and Indigenous relations. “As a company […]
NAR CEO Bob Goldberg to Retire at the End of 2024
Goldberg will culminate 30-year career at NAR, where he’s served as CEO since August 2017 National Association of Realtors® Chief Executive Officer Bob Goldberg will retire when his current contract expires, effective December 31, 2024. Goldberg will close his career after serving 30 years at NAR and more than four decades in U.S. real estate. […]
Eastern Engineered Wood Products Announces Expansion and New Distribution Center
Eastern Engineered Wood Products, a wholesale distributor of structural wood products used in residential and light-commercial construction, announces a new Distribution Center in the Anderson, SC area. The new site is located adjacent to Interstate 85 in Pelzer, SC. and will expand the Company’s delivery footprint from Western Connecticut to North Georgia and Eastern Tennessee. […]
One of Europe’s Main Recycling Hubs for Beverage Cartons Starts Operations
With a joint investment of approximately EUR 29 million by Stora Enso and Tetra Pak, a new recycling line for post-consumer beverage cartons is starting operations in Poland. Stora Enso has invested approximately EUR 17 million into a new repulping line that will recover the carton fibers, and Tetra Pak along with Plastigram have invested […]
Georgia-Pacific Invests $120 Million into New Technology at Pineland Lumber
Pineland, Texas – Georgia-Pacific recently invested $120 million into Pineland Lumber in Pineland, Texas, making it the largest sawmill in the South. As a result of the improvements and new technology, Pineland Lumber is now positioned as a major competitor in the forest products industry, allowing the facility to better serve Georgia-Pacific’s partners, and launching an […]
Mortgage Applications Increase in June 21st MBA Weekly Survey
Mortgage applications increased 0.5 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending June 16, 2023. The Market Composite Index, a measure of mortgage loan application volume, increased 0.5 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, […]
Beacon Announces Three New Locations
Opens greenfields in New Hampshire, Ohio, and Virginia Beacon (Nasdaq: BECN) announced today that it has opened new locations in Lebanon, NH, Elyria, OH and Roanoke, VA serving residential contractors and lumberyards. The new branch in Lebanon, NH is in Grafton County on the Vermont border. “We are pleased to introduce contractors in this growing area along the […]
Madison’s Reporter: Some Lumber Prices Pop Slightly as Supplies Tighten
In the week ending June 09, 2023, the price of Western S-P-F 2×4 #2&Btr KD (RL) was US$360 mfbm, said forest products industry price guide newsletter Madison’s Lumber Reporter. This is flat from the previous week. That week’s price is up by +$3, or +1%, from one month ago when it was US$358 mfbm. Compared […]
D.C. Circuit Court Agrees with Worthington Industries: Concludes the U.S. Environmental Protection Agency’s Ban of Non-Refillable Cylinders is Illegal
Worthington Industries, Inc. (“Worthington Industries”) announced that the D.C. Circuit Court of Appeals supported Worthington’s position in concluding that the U.S. Environmental Protection Agency’s (EPA) 2021 ban of non-refillable refrigerant cylinders is invalid because the EPA overstepped its authority granted by Congress. “We applaud the D.C. Circuit’s decision, which ensures that Worthington can continue to […]
La-Z-Boy Reports Record Full Year Operating Income and EPS
La-Z-Boy Incorporated (NYSE: LZB), a global leader in residential furniture, today reported solid fourth quarter and full year results for the period ending April 29, 2023. Fourth Quarter 2023 Financial Highlights: Fiscal 2023 Financial Highlights: Melinda D. Whittington, President and Chief Executive Officer of La-Z-Boy Incorporated, said, “I would like to congratulate and thank our entire organization for delivering […]