TAL Holdings, one of the fastest growing family-owned building material centers in the Pacific Northwest, has agreed in principle to acquire Harbor Rental and Saw Shop (Harbor Rental). Located in Friday Harbor, WA, Harbor Rental has been a trusted name in the San Juan Island community since 1974, providing equipment and tool rental, small engine […]
Canadian Pacific and Kansas City Southern Combine to Create CPKC
Canadian Pacific (“CP”) and Kansas City Southern (“KCS”) combined to create Canadian Pacific Kansas City (“CPKC”), as authorized by the U.S. Surface Transportation Board’s (“STB”) March 15, 2023 final decision, creating the first single-line railway connecting Canada, the U.S., and Mexico. “Today, we celebrate this historic combination creating a truly unique single-line rail network that begins […]
AdvantageLumber.com Welcomes Bruce Hardt as New Flooring Category Manager
Advantage Lumber, LLC, a leading provider of high-quality hardwood products, is excited to announce the appointment of Bruce Hardt as Flooring Category Manager. With more than 3 decades in the hardwood and flooring industries, Mr. Hardt brings a wealth of knowledge and expertise to the company as it embarks on a significant expansion of its hardwood flooring […]
Goodfellow Reports Its Results for the First Quarter Ended February 28, 2023
Goodfellow Inc. (the “Company” or “Goodfellow”) announced its financial results for the first quarter ended February 28, 2023. The Company reported a net loss of $211 thousand or $0.02 per share compared to net earnings of $5.1 million or $0.60 per share a year ago. Consolidated sales for the three months ended February 28, 2023 […]
SBTi Validates West Fraser’s Science-Based Emissions Reduction Targets
West Fraser Timber Co. Ltd. (“West Fraser” or the “Company”) announced that the Science Based Targets initiative (SBTi) has validated its scope 1, 2 and 3 emissions reduction targets. This validation further supports West Fraser’s plan to achieve near-term greenhouse gas (“GHG”) reductions across all its operations located in the United States, Canada, United Kingdom […]
ABC: March Construction Input Prices Down Year-Over-Year for First Time Since August 2020, Still 39% Higher Than February 2020
Construction input prices increased 0.2% in March, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics Producer Price Index data released today. Nonresidential construction input prices rose 0.4% for the month. Overall construction input prices are 0.9% lower than in March 2022, while nonresidential construction input prices have fallen 0.6% […]
Freddie Mac: Mortgage Rates Decrease Slightly
Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.27 percent. “Mortgage rates decreased for the fifth consecutive week,” said Sam Khater, Freddie Mac’s Chief Economist. “Incoming data suggest inflation remains well above the desired level but showing signs of deceleration. These trends, coupled with […]
LP Building Solutions Announces First Production of LP® SmartSide® at Sagola, Michigan Facility
LP Building Solutions (LP), a leading manufacturer of high-performance building products, announced the first production of LP® SmartSide® products at its Sagola, Michigan facility on March 15, 2023, followed by the production of the first APA-approved SmartSide board on April 7, 2023. For over 20 years, LP SmartSide Trim and Siding has provided customers with innovative home siding products that combine the beauty […]
Koppers Presents Annual Zero Harm President’s Award to Ashcroft, British Columbia, Facility
Koppers Holdings Inc. (NYSE: KOP), an integrated global provider of treated wood products, wood treatment chemicals and carbon compounds, has presented its annual Zero Harm President’s Award to its Ashcroft, British Columbia, facility in recognition of its best-in-company performance in safety, environmental responsibility and innovation. The Ashcroft team bested 45 facilities across the globe with a strong rate of […]
Fastenal Company Reports 2023 First Quarter Earnings
Fastenal Company (Nasdaq:FAST), a leader in the wholesale distribution of industrial and construction supplies, today announced its financial results for the quarter ended March 31, 2023. Except for share and per share information, or as otherwise noted below, dollar amounts are stated in millions. Throughout this document, percentage and dollar calculations, which are based on […]