Central Garden & Pet Company (“Central” or the “Company”), a market leader in the Pet and Garden industries, announced financial results for its fiscal 2023 first quarter ended December 24, 2022. “We delivered first quarter results in line with our guidance which anticipated near-term challenges including the residual impact from last year’s poor garden season, […]
Gibraltar to Record Fourth Quarter 2022 Charge for Processing Business Write-Down
Gibraltar Industries, Inc. (“Gibraltar” and the “Company”), a leading manufacturer and provider of products and services for the renewable energy, residential, agtech and infrastructure markets, today announced it will record a fourth quarter 2022 non-cash charge estimated to be $14 million, or $0.35 per share, to write down assets associated with its processing equipment business, which was classified as […]
International Paper Reports Full-Year and Fourth Quarter 2022 Results
International Paper (“IP”) reported full-year and fourth quarter 2022 financial results. Full-Year and Fourth Quarter 2022 Highlights “In 2022, International Paper grew revenue and earnings in a dynamic and challenging macro environment and returned $1.9 billion to our shareowners,” said Mark Sutton, Chairman and Chief Executive Officer. “Our commercial and mill operational performance was solid, […]
Ferguson Appoints James S. Metcalf as a Non-Executive Director
Ferguson plc (“Ferguson”) announces the appointment of James S. Metcalf to the Board as a Non-Executive Director effective February 1, 2023. Mr. Metcalf will join the Board’s Compensation Committee and Nominations & Governance Committee. Mr. Metcalf, a U.S. citizen, previously served as Chairman and Chief Executive Officer of Cornerstone Building Brands from 2018 until his […]
GMS Adds First-of-Its-Kind Battery Powered Hydraulic Cranes to its Fleet
GMS Inc. (or the “Company”), a leading North American specialty building products distributor, announced that the Company has added several newly-developed material handling trucks equipped with battery powered hydraulic cranes to its distribution fleet and plans to add approximately 20 additional units in the next two years as they become available. This fleet initiative, being […]
All J.D. Irving Pulp and Paper Mills Will See Assessment Increases in 2023
J.D. Irving, Limited will see property assessment increases for each of its New Brunswick pulp and paper mills in 2023, following increases in both 2022 and 2021. In 2023, approximately $4.9 million in provincial and municipal property taxes will be paid on pulp and paper mills located within Saint John alone, an increase of 19 […]
PotlatchDeltic Corporation Reports Fourth Quarter and Full Year 2022 Results
PotlatchDeltic Corporation today reported net income of $3.8 million, or $0.05 per diluted share, on revenues of $253.1 million for the quarter ended December 31, 2022. Excluding after tax special items consisting of CatchMark merger related expenses and an environmental charge, adjusted net income was $9.3 million, or $0.12 per diluted share for the fourth […]
UFP Industrial Changes Name to UFP Packaging
To better reflect its business focus and opportunity, UFP Industrial, LLC, a leading supplier of total packaging solutions, packaging logistics support and OEM components, and a subsidiary of UFP Industries, Inc. (Nasdaq: UFPI), is changing its name to UFP Packaging, LLC. The change is effective February 1, 2023. “We are growing our business in protective packaging materials significantly toward becoming […]
Simpson Strong-Tie Names Chief Executive Officer
Simpson Strong-Tie, the leader in engineered structural connectors and building solutions, today announced the official appointment of current company President and Chief Operating Officer Mike Olosky to Simpson Manufacturing Co., Inc.’s executive leadership team as Chief Executive Officer (“CEO”). Olosky succeeds former CEO Karen Colonias, who stepped down from the role on December 31, 2022. […]
Skyline Homes Awarded America’s Most Trusted® Manufactured Home Builder Three Years in a Row
For the third consecutive year, Skyline Homes, a Champion Homes brand, is being recognized as America’s Most Trusted® Manufactured Home Builder. The annual study conducted by Lifestory Research is based on the responses of over 40,000 consumers shopping for a manufactured home. Skyline received the highest score in the proprietary Lifestory Research America’s Most Trusted® […]