Blue Book Services has hired a new CEO and CFO and promoted a long-time manager to COO. The 122-year-old credit, marketing, and media leader based in Carol Stream, IL, is excited to announce that Kirk Soule has been appointed the company’s new CEO. Earlier this year, Jim Carr retired as CEO after 43 years of […]
Fastmarkets Demerges From Delinian
Fastmarkets today announces that it has completed the planned demerger from Delinian, formerly known as Euromoney Institutional Investor plc. As part of the transaction, Fastmarkets is now backed by private equity firm, Astorg. Fastmarkets is the industry-leading price reporting agency (PRA) serving the metals, mining, forest products, energy transition and agriculture markets with over 10,000 […]
Environmentally and Socially Responsible: Ethan Allen Recognized for Fourth Consecutive Year
For the fourth year in a row, Ethan Allen’s upholstery manufacturing operation in Silao, Guanajuato, Mexico, has been named “Empresa Socialmente Responsable” (Environmentally and Socially Responsible) by the Mexican Center for Corporate Philanthropy and the Alliance for Corporate Social Responsibility. Ethan Allen’s Silao operations have also received multiple Great Place to Work® Mexico awards. Both recognitions […]
Freddie Mac: Mortgage Rates Jump Up
Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.79 percent. “Mortgage rates jumped this week, as a buoyant economy has prompted the market to price-in the likelihood of another Federal Reserve rate hike,” said Sam Khater, Freddie Mac’s Chief Economist. “Although there has been […]
WVU Researchers Find Ways to Make Low-Quality Hardwoods Useful for Structural Applications
What may be considered lower grade West Virginia hardwood lumber can serve as an affordable, sustainable alternative to traditional building materials like softwood, steel and concrete, according to West Virginia University professor Joseph McNeel. The professor and director of the WVU Appalachian Hardwood Center at the Davis College of Agriculture, Natural Resources and Design has been testing the effectiveness of yellow poplar, […]
Trex Introduces New Style-Centric, Entry Level Composite Railing System
In a bold move to expand its footprint in the competitive deck railing market, Trex Company [NYSE: TREX], the world’s largest manufacturer of high-performance wood-alternative decking and railing, has introduced Trex Select® T-Rail. The composite railing system, featuring a popular T-shaped top rail, is designed to make the beauty and convenience of Trex’s high-performance composite and aluminum railing […]
HNI Corporation Completes Acquisition of Kimball International
HNI Corporation (NYSE: HNI) announced today the completion of its acquisition of Kimball International, Inc. (NASDAQ: KBAL), a leading commercial furnishings company with expertise in workplace, health, and hospitality. “The completion of the Kimball International acquisition represents a new chapter as we bring together two strong, successful companies with similar cultures and well-established families of brands,” […]
JELD-WEN Names New Executive Vice President, General Counsel and Corporate Secretary
JELD-WEN Holding, Inc. (NYSE: JELD) today announced the appointment of Jas S. Hayes as executive vice president, general counsel and corporate secretary, effective June 1, 2023. Hayes most recently served as senior vice president, deputy general counsel and corporate secretary for JELD-WEN. He succeeds Roya Behnia, who previously announced her intention to retire from the company in July. “Since […]
Quanex Building Products Announces Second Quarter 2023 Results and Reaffirms Full Year 2023 Guidance
Quanex Building Products Corporation (“Quanex” or the “Company”) announced its results for the three months ended April 30, 2023. George Wilson, President and Chief Executive Officer, commented, “We are pleased with the results we reported for the second quarter of 2023, and we are now more confident in our belief that we are seeing a return to […]
PPG Opens $30-million Battery Pack Application Center in China
PPG (NYSE: PPG) today announced that it has inaugurated a battery pack application center (BPAC) in Tianjin, China. The $30-million facility features a full range of capabilities to test the application of PPG coatings technologies, materials and systems for electric vehicle (EV) battery packs, allowing customers to accelerate the development of new EV technologies. “The […]