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Report: Ashley Furniture to Close Statesville, NC Facility

On September 15, 2022, Ashley Furniture, LLC (HQ: Arcadia, WI) filed a WARN Notice with the North Carolina Department of Commerce and the Honorable Mayor Constantine H. Kutteh-Una of Statesville, North Carolina. In the filing, Ashley Furniture stated that on “September 15, 2022, we informed our employees that we are consolidating our Statesville Facility (at […]

ABC: Construction Job Openings Up By 54,000 in August

The construction industry had 407,000 job openings in August, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey. JOLTS defines a job opening as any unfilled position for which an employer is actively recruiting. Industry job openings increased by 54,000 last […]

Flexsteel Announces Changes to Board of Directors

Flexsteel Industries, Inc. (“Flexsteel” or the “Company”), one of the largest manufacturers, importers and marketers of residential furniture products in the United States, announced today that Jeanne McGovern, a 40-year audit and advisory veteran, has been elected to the board effective September 30, 2022. Ms. McGovern will also serve on the Board’s Audit & Ethics Committee. The Company also announced that […]

Sierra Forest Products Acquires Weber Plywood & Lumber Co.

Sierra Forest Products Inc., a leading North American distributor of decorative building materials, announced it has completed the acquisition of Weber Plywood & Lumber Co., based in Tustin, California. Sierra Forest Products is part of the UCS Forest Group of Companies, which includes Upper Canada Forest Products in Canada, UCS Global internationally and A&M Wood […]

Oldcastle BuildingEnvelope, Inc. Appoints Bruno Biasiotta as Chief Executive Officer

Oldcastle BuildingEnvelope, Inc. (“OBE” or the “Company”), the leading manufacturer, fabricator, and distributor of architectural hardware solutions, glass and glazing systems in North America, is pleased to announce the appointment of Bruno Biasiotta as Chief Executive Officer, effective immediately. Mr. Biasiotta brings to OBE over 30 years of experience leading transformations of companies in the […]

BlueLinx Acquires Vandermeer Forest Products

BlueLinx Holdings, Inc. (“BlueLinx”), a leading U.S. wholesale distributor of building products, announced today that it has acquired privately-held Vandermeer Forest Products (“Vandermeer”), a premier wholesale distributor of building products, for a purchase price of $67.0 million, which includes $3.6 million for the distribution facility and real estate in Spokane, Washington and $63.4 million for […]

Cybersecurity: Insurance Policies

Insurance can play a key role in a company’s protective system, covering the cost of an incident response team and/or consultants, as well as actual business losses incurred during an attack. “The underwriting will provide prescriptive guidance of what exposures insurance carriers are concerned about,” says Thomas LaMantia, CISSP (certified information systems security professional), based […]

Foundation Building Materials Announces Acquisition of Encore Building Supply in Akron, Ohio

On October 3, FBM formally completed the successful acquisition of Encore Building Supply, LLC in Northern Ohio. Encore started its business 9 years ago and has built a well-run operation providing drywall, steel framing, ceiling products, and related accessories to the Northern Ohio Market through direct customer service. Former owner, Bob Gardner, has 30+ years […]

Do it Best Announces Team Hires and Promotions – October 2022

Do it Best is pleased to announce the following additions to its team. Jessica Carroll as a Marketing Programs Specialist Tahnea Cayce as a Merchandise Coordinator Mykaela Crowell as an Associate Merchandise Manager Melissa García as a Consumer Marketing Specialist Nia Iott as an IT Security Intern Gabbie Toenges as an LBM Sales Support Coordinator […]

L&W Supply Acquires Dana Wallboard Supply, Inc.

L&W Supply Corporation, a leading distributor of top-quality building materials and specialty products in the United States, announced today that it has acquired the assets of Dana Wallboard Supply, Inc. in Tyngsborough, Massachusetts. By acquiring Dana Wallboard Supply, L&W Supply will increase its team of experienced associates and strengthen its presence in New England. The […]