Builders FirstSource, the nation’s largest manufacturer and supplier of building materials, will relocate its lumber yard and building supply distribution facility from Buda, Texas to a larger, 47,000-square-foot building in Kyle, creating 40 new jobs in Kyle and investing more than $16 million into the region. “We are excited for the opportunity to expand our […]
LP Building Solutions Releases 2022 Sustainability Report
LP Building Solutions (“LP”), a leading manufacturer of high-performance building products, released its 2022 Sustainability Report today. LP’s second annual environmental, social, and governance (“ESG”) report celebrates its 50-year history of sustainability and innovation while highlighting progress against its ESG goals across five critical pillars: Governance, People, Environment, Products and Community. “For a half century, the pioneering spirit of our […]
Madison’s Reporter: Good Construction Weather Props Up Lumber Prices Slightly
Into the latter weeks of October, mild weather in many of the densely-populated areas of the US provided the opportunity for an increase in construction activity. As such, demand for dimension lumber and other solid wood building materials brought a bump up in lumber prices, due to limited supply in the field. Sawmills and wholesalers […]
Culpeper Wood Preservers Acquires H. M. Stauffer & Sons
Culpeper Wood Preservers, a leading producer of pressure-treated wood is proud to announce they have acquired H. M. Stauffer & Sons of Leola, Pennsylvania. “We could not be more excited about this acquisition and the diversity that adding H. M. Stauffer & Sons brings to our company. They have been a leader in multiple facets of […]
Rayonier Advanced Materials Announces Third Quarter 2022 Results
Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company”) reported net income of $30 million, or $0.45 per diluted share, for the quarter ended September 24, 2022, compared to a net loss of $5 million, or $(0.07) per diluted share, for the same prior year quarter. Income from continuing operations for the quarter ended September 24, 2022 […]
Quanex Building Products Announces Strategic Acquisition of LMI Custom Mixing, LLC Assets
Quanex Building Products Corporation (“Quanex” or the “Company”) announced the acquisition of substantially all the assets of LMI Custom Mixing, LLC (“LMI”) for $92 million, or $79 million, net of the present value of $13 million in anticipated future cash tax benefits. The transaction will be funded with cash-on-hand and borrowings on the Company’s existing revolving credit facility. Quanex expects to realize […]
Nation’s Best Acquires Palmetto Home Center
Nation’s Best, one of the fastest growing independent home improvement companies in the U.S., announces the addition of Palmetto Home Center’s two locations near Charleston, SC to its family of businesses. “As Nation’s Best expands its presence across the country, partnering with the team at Palmetto Home Center makes perfect sense,” said Chris Miller, President […]
BlueLinx Announces Third Quarter 2022 Results
BlueLinx Holdings Inc., a leading U.S. wholesale distributor of building products, announced today results for the third quarter 2022. Third Quarter 2022 Highlights (all comparisons are versus the prior year period) Delivered net sales of $1.1 billion, an increase of 9% Grew specialty product sales 13% to $724 million, or 68% of total sales, consistent […]
L&W Supply Opens Location in Pittsburgh, Pennsylvania
L&W Supply, a nationwide distributor of interior building materials and construction supplies, has opened a new location in Pittsburgh, Pennsylvania. This is L&W Supply’s first location in the Pittsburgh metropolitan area. Don Hall manages the branch. Hall first joined L&W Supply in 2019 as delivery services manager at L&W Supply’s Roanoke, Virginia, location. He recently […]
Mead Lumber Purchases Teague Lumber Company, Inc.
Mead Lumber Company today announced the purchase of Teague Lumber Company, Inc. of Kansas City, Missouri. Teague Lumber has served the Kansas City metro area as a full service lumber yard and building material supplier for residential and light commercial new construction since 2002. They have four locations in the Kansas City area: corporate office, […]