Skyline Champion Corporation (“Skyline Champion”) announced financial results for its second quarter ended October 1, 2022 (“fiscal 2023”). Second Quarter Fiscal 2023 Highlights (compared to Second Quarter Fiscal 2022) Net sales increased 53.9% to $806.8 million U.S. homes sold increased 23.2% to 7,274 Total backlog decreased 40.5% to $0.8 billion Average selling price (“ASP”) per […]
True Value Company Acquires the Agway Brand
True Value Company (“True Value”), one of the world’s largest hardlines wholesalers, today announced it has acquired the brand trademark rights from Agway Farm & Home Supply (“Agway”), a leading wholesale product distribution company serving a network of private dealers, primarily in the U.S. Northeast. The Agway Trademark acquisition expands True Value’s capabilities in the […]
Snavely Forest Products Expands its Business in Texas
Snavely Forest Products (“Snavely”), a subsidiary of MacArthur Company, and a recognized leader in the wholesale lumber and building products industry, has decided to expand its operations by opening a new location in Gonzales, Texas. The opportunity will allow Snavely to better serve this target market and widen its customer reach into the San Antonio-Austin and Southeast Corpus Christi region. […]
CoreLogic: While Buyer Demand Cools, Home Prices Dropped by 0.5% in September From the Previous Month
CoreLogic, a leading global property information, analytics and data-enabled solutions provider, today released the CoreLogic Home Price Index (HPI™) and HPI Forecast™ for September 2022. U.S. home price growth continued to relax on a year-over-year basis in September, posting an 11.4% increase. As in previous months, Southeastern states put up significantly higher price gains than the national growth […]
Empire Moulding and Millwork Opens New Distribution Center to Service the New England Market
Novo Building Products is pleased to announce the opening of a new Empire Moulding and Millwork distribution facility in Amherst, N.H. Strategically located 60 miles north of Boston, the new 217,000-square-foot-facility services 750 independent lumberyards, specialty millwork shops, stair manufacturers, door fabricators, ProDealers, and home centers across New England. “This strategic expansion allows Empire to […]
Floor & Decor Launches the Grand Opening of its Bellingham, Massachusetts Store on November 7, 2022
Floor & Decor, a leading specialty retailer of hard-surface flooring, will expand its nationwide footprint when it opens the doors to its newest location in Bellingham, Massachusetts on November 7, 2022. The Floor & Decor warehouse store and design center will open with a team of about 50 full-time and part-time associates led by Colby […]
Beacon Announces Strategic Acquisition of Coastal Construction Products
Beacon (Nasdaq: BECN) (the “Company”) announced today that it has acquired Jacksonville, Florida based Coastal Construction Products (“Coastal”), one of the largest independent distributors of specialty waterproofing products in the U.S., from the Company’s majority owner, Supply Chain Equity Partners (“SCEP”), a leading private equity firm focused on the distribution sector, and members of current and […]
LP Building Solutions Reports Third Quarter of 2022 Results, Provides Capital Allocation Update, and Q4 2022 Outlook
Louisiana-Pacific Corporation (LP) (NYSE: LPX) today reported its financial results for the three and nine months ended September 30, 2022. Key Highlights for the Third Quarter of 2022, Compared to the Third Quarter of the Prior Year Net sales from continuing operations decreased by 16% to $852 million Siding Solutions net sales increased by 27% to $393 million OSB net […]
Koppers Completes Acquisition of Crosstie Supplier Gross & Janes Co.
Koppers Holdings Inc., an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, today announced that Koppers Inc., a wholly-owned subsidiary of Koppers Holdings, has closed on its acquisition of substantially all of the assets of Gross & Janes Co. Gross & Janes, headquartered in Kirkwood, Missouri, is the largest independent supplier of untreated railroad […]
Floor & Decor Launches the Grand Opening of its Timnath, Colorado Store
Floor & Decor a leading specialty retailer of hard-surface flooring, will expand its nationwide footprint when it opens the doors to its newest location in Timnath, Colorado on November 7, 2022. The Floor & Decor warehouse store and design center will open with a team of about 50 full-time and part-time associates led by Michelle […]