In the week ending May 12, 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 compared to the previous week when it was US$360 mfbm. That week’s price is up by +$9, or +2%, from one month ago […]
Hampton Lumber Names New Chief Executive Officer
Hampton Lumber leadership is pleased to announce that Randy Schillinger will join Hampton Lumber & Family Forests as its new CEO, effective June 26, 2023. Randy has over 25 years of experience in the Pacific Northwest wood products industry. He began his career with Weyerhaeuser in 1998 where he provided strategic planning and analysis before moving […]
U.S. Census Bureau: Monthly New Residential Sales, April 2023
Notice of Revision: With this release, seasonally adjusted estimates of housing units sold, housing unites for sale, and the months’ supply of new housing have been revised back to January 2018. All revised estimates are available on our website. The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following […]
West Fraser Announces Appointment of Eric L. Butler to Board of Directors
West Fraser Timber Co. Ltd. (“West Fraser” or the “Company”) announced the appointment of Eric L. Butler to its Board of Directors. Eric Butler is an accomplished executive and leader. Following his retirement from a 32-year career with Union Pacific, one of the largest freight rail providers in North America, he is a corporate director […]
Lowe’s Reports First Quarter 2023 Sales and Earnings Results
Lowe’s Companies, Inc. (NYSE: LOW) today reported net earnings of $2.3 billion and diluted earnings per share (EPS) of $3.77 for the quarter ended May 5, 2023, compared to diluted EPS of $3.51 in the first quarter of 2022. During the first quarter, the company recognized a gain associated with the 2022 sale of the Canadian retail business. This positively impacted […]
Obituary: Tommie Jo Netterville Blackmon
Tommie Jo Olive Netterville Blackmon passed away peacefully on May 22, 2023 following a short illness. She was surrounded by family at her home that she loved. Tommie Jo was born on May 8, 1939 in Jonesboro, Arkansas. She spent her youth in Luxora, Arkansas, where she developed her talent for music, first singing and […]
Owens Corning Publishes 2022 Sustainability Report
Owens Corning (NYSE: OC) today published its 2022 Sustainability Report, Our Mission at Work, outlining the company’s progress toward its 2030 sustainability goals. “In 2022, we made progress toward many of our 2030 goals while delivering strong financial results,” said Board Chair and Chief Executive Officer Brian Chambers. “In doing so, we demonstrated the power of […]
PPG Launches Paint Films Solutions for Automotive and Industrial Customers
Joint venture with entrotech, Inc. forms PPG Advanced Surface Technologies PPG (NYSE:PPG) today announced that it will deliver paint and clear film solutions for automotive and industrial customers through PPG Advanced Surface Technologies, a new joint venture formed with entrotech, Inc., a provider of technology-driven film solutions. PPG retains a majority stake in the joint […]
Toll Brothers Reports FY 2023 2nd Quarter Results
Toll Brothers, Inc. (the “Company”), the nation’s leading builder of luxury homes, today announced results for its second quarter ended April 30, 2023. FY 2023’s Second Quarter Financial Highlights (Compared to FY 2022’s Second Quarter): Douglas C. Yearley, Jr., chairman and chief executive officer, stated: “We are very pleased with our second quarter results. As mortgage rates have stabilized and buyer confidence […]
Sherwood Lumber Expands East Coast Reach With Acquisition of Middle Atlantic Wholesale Lumber
Sherwood Lumber, a leading distributor of lumber and building materials, has announced its acquisition of Middle Atlantic Wholesale Lumber (MAWL), a key regional supplier of lumber products. This exciting partnership will provide Sherwood Lumber with an expanded geographic footprint and enhanced service capabilities, enabling the company to better serve its customers. By combining the strengths […]