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, […]
SCM Still Alongside Timberlab for its State-of-the-Art CLT Panels Production Plant
Timberlab, a prominent U.S. company specializing in sustainable timber solutions, confirms its partnership with SCM, Italian leading manufacturer of machinery and systems for the woodworking industry. The collaboration includes the supply of two highly innovative technologies for the new plant in Millersburg, Oregon, destined to mark a real milestone in Cross-Laminated Timber production. SCM will […]
Leadership Change at Mattress Firm
New Interim CEO of Mattress Firm, Scott Thompson Tempur Sealy International, Inc. (“Company” or “Tempur Sealy”) announced management changes at Mattress Firm. The Company recently acquired Mattress Firm, the nation’s largest mattress specialty retailer. John Eck has decided to step down as Chief Executive Officer of Mattress Firm. The Company has entered into a consulting […]
Carlisle Companies Reinforces its Commitment to Innovation Through its New Accelerator
Carlisle Companies Incorporated is reinforcing its commitment to innovation through the development and execution of its new innovation accelerator program. The innovation accelerator program builds on Carlisle’s track record of innovation success by engaging entrepreneurs and start-ups across the globe to identify, develop, and commercialize new products that deliver energy efficiency, labor savings and integrated solutions. […]
ECI Software Solutions Appoints Brian Hildebrand as Chief Information Officer
A proven innovator in ECI’s IT and cloud strategy, Hildebrand strengthens ECI’s executive team and supports customer success, driving advanced and industry-focused technology development for SMBs ECI Software Solutions, a global provider of cloud-based business management software and services, announced the appointment of Brian Hildebrand as chief information officer (CIO). As CIO, Hildebrand will be […]
West Fraser Announces Fourth Quarter 2024 Results
West Fraser Timber Co. Ltd. (“West Fraser” or the “Company”) reported the fourth quarter results of 2024 (“Q4-24”). All dollar amounts in this news release are expressed in U.S. dollars unless noted otherwise. Fourth Quarter Highlights? Annual Highlights “The fourth quarter of 2024 saw continued resiliency in our NA Engineered Wood Products business, where supply and […]