Ace Hardware Corporation (“Ace” or the “Company”) reported first quarter 2023 revenues of $2.1 billion, a decrease of $127.4 million, or 5.8 percent, from the first quarter of 2022. Net income was $66.2 million for the first quarter of 2023, a decrease of $53.6 million from the first quarter of 2022. Excluding the $21.4 million, gain on […]
Tando Composites Announces Riverhead Building Supply as Flagship Dealer for Long Island
Tando Composites announced today that Riverhead Building Supply has become the latest flagship dealer for Beach House Shake®, the authentic composite shingle, and TandoStone, the #1 brand of Composite Stone. Riverhead Building Supply has been a family-owned business since 1948, servicing the entire Long Island Market from their 13 locations throughout the Island. “Tando brings […]
WEINIG Group Joins Forces With ESSETRE
Michael Weinig AG (MWAG) and ESSETRE s.r.l. are proud to announce the conclusion of a strategic cooperation agreement in the area of CNC joinery machines. For MWAG, this strategic partnership is an important addition to its offering for the engineered wood sector and enables MWAG to serve its respective customers even better and more comprehensively. […]
Canfor and Canfor Pulp Jointly Release 2022 Sustainability Report
Canfor Corporation (TSX:CFP) and Canfor Pulp Products Inc. (TSX:CFX) jointly announce the release of the 2022 Sustainability Report, which outlines performance on topics such as climate change, sustainable forestry and energy management, and social issues such as inclusion and diversity, and Indigenous relations. “Climate change is one of the most pressing issues we are facing […]
Floor & Decor Launches the Grand Opening of its 3rd Fort Myers Store in South Fort Myers, Florida
Floor & Decor (NYSE: FND), a leading specialty retailer of hard-surface flooring, will expand its nationwide footprint when it opens the doors to its newest location in South Fort Myers, Florida. This store opening marks the company’s third store in the Fort Myers market. The Floor & Decor warehouse store and design center will open with […]
U.S. Census Bureau: Monthly New Residential Construction, April 2023
Notice of Revision: With this release, unadjusted estimates of housing units authorized by building permits for January through December 2022 have been revised. Also, seasonally adjusted estimates of housing units authorized by building permits have been revised back to January 2017, and seasonally adjusted estimates of housing units authorized but not started, started, under construction, […]
Statistics Canada: Investment in Building Construction, March 2023
Investment in building construction declined 1.3% to $20.3 billion in March. The residential sector fell 2.1% to $14.6 billion, while the non-residential sector went up by 0.9% to $5.7 billion. On a constant dollar basis (2012=100), investment in building construction decreased 1.8% to $11.5 billion in March. Residential sector declines Investment in residential building construction decreased 2.1% to $14.6 billion in March. Investment in single […]
Gillman Do it Best Home Center Celebrated New Muncie Location
Gillman Do it Best Home Center threw a party this past weekend to celebrate the grand opening of their newest location in Muncie, IN. This marks their 15th location throughout central Indiana and southwestern Ohio. COO Curtis Gillman welcomed the community, city officials, and invited guests to the two-day, family-friendly celebration, kicking off festivities with […]
Mortgage Applications Decrease in May 17th MBA Weekly Survey
Mortgage applications decreased 5.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 12, 2023. The Market Composite Index, a measure of mortgage loan application volume, decreased 5.7 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, […]
Homeowners Can Take Their Decks From Dream to Done With the Updated Trex® Deck Design Tool & Online Deck Planner
Always on the cutting edge of outdoor living, Trex Company (“Trex”), the world’s largest manufacturer of wood-alternative decking and railing, and a leader in high-performance, low-maintenance outdoor living products, has upgraded its interactive deck design tool to allow homeowners to plan every detail of their outdoor space, all from the convenience of a laptop. The revamped Trex® Deck Design […]