Fiberon, a leader in capped composite and PVC decking, railing and cladding announces the expansion of their partnership with Wolf Home Products. Fiberon decking and railing products will now be available throughout Ohio, western Pennsylvania and upstate New York, marking an enhanced multi-state expansion of the partnership between the two companies. Wolf Home Products will […]
Masonite International Corporation Reports 2020 Third Quarter Financial Results
Masonite International Corporation (“Masonite” or “the Company”) announced results for the three and nine months ended September 27, 2020. Executive Summary – 3Q20 versus 3Q19 – Net sales increased 6% to $588 million versus $552 million. – Net income (loss) attributable to Masonite decreased to a $22 million loss from $15 million of income. The […]
TW Perry Announces Agreement to Purchase Peoples Supply Co., Inc.
TWP Enterprises, Inc. (“TW Perry”), a leading privately-held, veteran-owned building materials dealer announced the purchase of Peoples Supply Co., Inc. (“PSC”) based in Hyattsville, Maryland. Founded in 1932, PSC serves the Prince George’s County, MD, Washington, DC and surrounding areas with a contractor yard and retail store located in Hyattsville, Maryland. PSC is a leading […]
Orgill Announces New Approach to Physical Shows, Buying Events & Dealer Education
Orgill, Inc. is announcing plans to forgo its in-person 2021 Spring Dealer Market and proceed with a more dynamic and flexible approach to its physical shows, conferences and buying markets starting next year that will incorporate online, live and hybrid events. “Just like the retailers we serve, this year taught us a lot about how […]
Green Diamond Resource Company Expands to NW Montana
Green Diamond Resource Company President Douglas Reed announced the company will acquire 291,000 acres of working forest land in Northwestern Montana from Southern Pine Plantations. The transaction is expected to be complete January 14, 2021, bringing Green Diamond’s total land base under management to 2.1 million acres in 10 states across the US West and […]
US LBM Acquires Zeeland Lumber & Supply
US LBM, a leading distributor of specialty building materials in the United States, has acquired Zeeland Lumber & Supply, a building products dealer and manufacturer with six locations in Michigan and Northern Indiana. Zeeland Lumber & Supply operates three truss and wall panel component manufacturing plants along with three full-service building material yards that distribute […]
Lonza Welcomes New Group Chief Executive Officer Pierre-Alain Ruffieux
Pierre-Alain Ruffieux today joins Lonza Group in the role of Chief Executive Officer. Albert Baehny has taken the role of CEO ad interim since November 2019. He will now work with Pierre-Alain to ensure a smooth handover of leadership before returning to his role as Chairman of the Board of Directors. Pierre-Alain brings with him […]
Foundation Building Materials, Inc. Announces Third Quarter 2020 Results and Provides Full Year 2020 Guidance
Foundation Building Materials, Inc., one of the largest specialty building products distributors of wallboard, suspended ceiling systems, metal framing and complementary and other products in North America, today reported third quarter 2020 financial results, provided a COVID-19 (the “COVID-19 Pandemic”) business update and issued full year 2020 guidance. “Despite the challenging market conditions in the […]
Dorel Reaches Agreement in Principle Regarding Potential Going-Private Transaction
Dorel Industries Inc. (“Dorel”) announced that it has reached an agreement in principle regarding a transaction whereby Dorel would be taken private by a buyer group led by affiliates of Cerberus Capital Management, L.P. (“Cerberus”) and Martin Schwartz, Jeffrey Schwartz, Alan Schwartz and Jeff Segel (the “Family Shareholders” and together with Cerberus, the “Buyer Group”). […]
LL Flooring Reports Third Quarter 2020 Financial Results
Lumber Liquidators (“LL Flooring” or “Company”), a leading specialty retailer of hard-surface flooring in North America, announced financial results for the third quarter ended September 30, 2020. “We are very pleased with our strong third quarter results, underscored by our continued execution against our transformation plan and industry strength as we saw customers display a […]