Ferguson plc announced a series of financing transactions to increase its liquidity by $800 million. The additional liquidity will be used for general corporate purposes. The financing transactions include: A new $500 million syndicated three-year bank Term Loan Credit Facility, which matures in October 2025. Increasing our existing Receivables Securitization Facility by $300 million, from […]
Beacon Expands Presence in Key Texas Market
Beacon announced today that it has opened a greenfield location in Lubbock, Texas. The branch establishes Beacon’s service to both residential and non-residential customers in the Lubbock market covering Crosby, Lubbock and Lynn counties. The Lubbock branch is stocked with leading brands of roofing and complementary products, including Beacon’s own TRI-BUILT™ brand. Contractors in these markets […]
NAHB: Remodeling Market Sentiment Softened in Third Quarter but Remains Positive
The National Association of Home Builders (NAHB) released its NAHB/Westlake Royal Remodeling Market Index (RMI) for the third quarter, posting a reading of 77, declining 10 points compared to the third quarter of 2021. “Remodelers in many parts of the country remain positive about the market,” said NAHB Remodelers Chair Kurt Clason, a remodeler from […]
International Paper’s Gregg Named to Manufacturers Association Board of Directors
The National Association of Manufacturers announced that Aimee Gregg, Vice President, Containerboard, International Paper, has been named to the NAM Board of Directors. Gregg will join the NAM Board to bolster the association’s leadership in policy advocacy, legal action, workforce solutions, operational excellence and news and insights. She will help the industry advance a manufacturing competitiveness […]
Skyline Champion Honored for Excellence in Modular Design
The National Association of Home Builders has recognized Skyline Champion as an industry leader with a Building Systems Councils (BSC) Jerry Rouleau Award for Excellence in Marketing & Home Design. The awards, which celebrate the best in offsite construction, honored Skyline Champion at the Building Systems Housing Summit, Sept. 18 – 20 in Atlanta, Georgia. […]
Nation’s Best Inaugural Golf Tournament Raises $260,000 to Find a Cure for ALD
Nation’s Best Holdings, LLC hosted their Inaugural Golf Tournament on Monday, October 3rd, raising $260,000 to support the mission of Arrivederci ALD and find a cure for the debilitating disease. ALD, or adrenoleukodystrophy, is a rare genetic condition that can cause severe disability and even death. Frani Broussard Denenburg started the non-profit Arrivederci ALD […]
Lowe’s Announces 2022 Vendor Partners of the Year
Lowe’s Companies, Inc. announced it has named A.O. Smith, Blackstone and Mansfield Plumbing as the company’s 2022 Vendor Partners of the Year. The suppliers were recognized for their commitment to delivering quality products, innovation, value and service to Lowe’s customers. Additionally, Lowe’s has recognized Owens Corning with the Sustainability Award for its commitment to reducing […]
Obel-P Presents its New & Efficient HF Press
“A well-known Austrian glued laminated timber manufacturer will renew its high-frequency presses – this time it’s our turn,” said Markus Hofmann, Obel-P‘s Sales Manager, at the wood fair in Klagenfurt. The system with a press length of up to 6.9m is said to be one of the most effective on the market, which is the main […]
BillerudKorsnäs Becomes Billerud
As of today, BillerudKorsnäs is simplifying its name to Billerud to cater to its international customers. As a leading supplier of virgin fiber-based paper and packaging materials, the name change is fully in line with the company’s strategy to expand into North America and continue driving sustainable growth in global markets. It is simply easier […]
The AZEK® Company Announces the Official Opening of Its New $140m Manufacturing Facility in Boise, Idaho
The AZEK Company Inc. (“AZEK” or the “Company”), the industry-leading manufacturer of beautiful, low-maintenance and environmentally sustainable outdoor living products, including TimberTech® decking, Versatex® and AZEK® Trim and StruXure™ pergolas, today unveiled its newest manufacturing facility in Boise, Idaho – AZEK’s first in the Western part of the United States. The 350,000 square foot state-of-the-art facility […]