This acquisition brings TrailerHawk.ai Founder and CEO Brett Suma to Wabash to lead the development and scaling of innovative solutions tailored to logistics providers Wabash, a premier provider of diverse solutions that optimize customers’ end-to-end supply chains across transportation, logistics and infrastructure markets, announced the acquisition of TrailerHawk.ai, a provider of advanced cargo security and […]
Allegion to Acquire Lemaar, Expanding Security and Accessibility Portfolio in Australia
Allegion plc, a leading global security products and solutions provider, through one of its subsidiaries, has signed a definitive agreement to acquire Lemaar Australia Pty Ltd (Lemaar), a privately held door hardware company based in Victoria, Australia. This acquisition is expected to close in the first quarter of 2025, subject to customary closing conditions. Founded in […]
Beacon Issues Statement in Response to QXO’s Director Nominations
Nominations Represent Apparent Attempt to Pressure Beacon’s Board into Accepting an Unchanged Offer Price That Significantly Undervalues Beacon’s Full Intrinsic Value and Prospects for Growth Follows the Beacon Board’s Unanimous Rejection of QXO’s Unsolicited Tender Offer No Shareholder Action Is Required at This Time Beacon (the “Company”) announced that its Board of Directors (the “Board”) has […]
Boise Cascade Promotes Joanna (Jo) Barney to Executive Vice President of Building Materials Distribution
Boise Cascade Company (Boise Cascade) announced that Joanna (Jo) Barney will be the new Executive Vice President of their Building Materials Distribution (BMD) division, effective February 17, 2025. In this role, Jo will oversee the Company’s 40+ distribution facilities, including millwork and door shops, across the U.S. Jo joined Boise Cascade in 2005. Prior to this promotion, Jo was the Senior Vice […]
Clark Joins Sonoco Board of Directors
Sonoco Products Company (“Sonoco” or the “Company”), a global leader in high-value sustainable packaging, announced that Scott A. Clark has been elected to its Board of Directors. Clark is an independent member of the Sonoco board and will stand for election at the Company’s next scheduled Annual General Meeting. Clark, 59, is a 28-year executive […]
HCI Equity Partners Announces the Launch of WF Cabinetry Brands
The Platform Unites High-Quality Brands in Custom and Semi-Custom Cabinetry HCI Equity Partners (“HCI”), a leading lower middle-market private equity firm, announced the launch of WF Cabinetry Brands. The new cabinetry platform brings together a family of high-quality, HCI-backed cabinet brands: WoodHarbor Custom Cabinetry, Wellborn Forest, and Countryside Cabinets. This platform unites well-respected cabinet manufacturers to […]
Prosperity Plywood Mill Announces $14 Million Investment
“We are investing millions of dollars in other improvements across the mill. These improvements will help us focus on being an environmentally conscious, 21st century mill that continues to provide great jobs to people in our area.” Georgia-Pacific continues its investment in its plywood mill located in Prosperity, South Carolina through $14 million worth of […]
Sylvamo 2024 Earnings Per Share Increases 21%, Adjusted Operating Earnings Per Share Up 14% as Company Generates Strong Cash Flow
Sylvamo, the world’s paper company, is releasing fourth quarter 2024 earnings. Financial Highlights – 2024 Full Year vs. 2023 Full Year Additional Highlights – 2024 Full Year Financial Highlights – Fourth Quarter vs. Third Quarter Commercial and Operational Highlights – Fourth Quarter vs. Third Quarter First Quarter Outlook Management Summary from Chairman and Chief Executive […]
Ace Hardware Reports Fourth Quarter and Full Year 2024 Results
Record fourth quarter revenues of $2.3 billion, an increase of 7.6 percent Record full year revenues of $9.5 billion, an increase of 3.9 percent Record fourth quarter net income of $53.8 million Record patronage dividend to shareholders of $357.0 million Named one of the World’s Best Employers and one of America’s Best Employers by Forbes […]
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 2.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending February 7, 2025. The Market Composite Index, a measure of mortgage loan application volume, increased 2.3 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, […]