Trex Company (“Trex”), the world’s largest manufacturer of wood-alternative decking and railing, has been honored with the 2020 Sustainability Leadership Award by Business Intelligence Group, an organization of leaders across industries dedicated to rewarding superior talent and performance in the business world. Trex was selected in recognition of its ongoing commitment to sustainability, illustrated through […]
NAHB: Median Single-Family Lot Size Hits Record Low
The median lot size for new single-family detached homes that were sold in 2019 dropped to a record-low 8,177 square feet (0.188 of an acre), down 390 square feet since 2018, according to the latest figures from the Census Bureau. The shrinking median lot size largely reflects the shift in speculatively built (or spec) home […]
Lowe’s Canada Provides Additional Discretionary Bonus to Support Front-Line Hourly Associates
Lowe’s Canada, one of Canada’s leading home improvement retailers operating or servicing more than 470 corporate and affiliated stores under different banners, today announced that to recognize front-line hourly associates for their continued service to and support of Canadian communities, it will pay a discretionary bonus to all eligible full-time, part-time, and seasonal associates working […]
Mortgage Applications Increase in October 7th MBA Weekly Survey
Mortgage applications increased 4.6 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending October 2, 2020. The Market Composite Index, a measure of mortgage loan application volume, increased 4.6 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, […]
L&W Supply Promotes Todd Lorenzen to Rochester Branch Manager
L&W Supply, one of the nation’s leading distributors of interior construction supplies and building materials, is excited to announce that Todd Lorenzen has accepted the role of Branch Manager for Rochester, New York. Lorenzen has been with the L&W Supply Rochester team for 30 years. He began his career in 1990 as a Helper/Stocker before […]
Manufacturers Reserve Supply Unveils New Branding
Manufacturers Reserve Supply (“MRS”). Built on a foundation of 90 years of tradition and reliability, Manufacturers Reserve Supply has launched a new branding initiative designed to more accurately reflect who the company is today. The new design – spearheaded by Marketing Coordinator Daphne Veras and Vice President, Sales and Marketing Tina Breen – has been […]
Atlas Engineered Products Updates on Expansion into Pre-Fabricated Wall Panels in British Columbia
Atlas Engineered Products (“AEP” or the “Company”) provides an update on the Company’s expansion into pre-manufactured wall panels for the residential, multi-residential and commercial building industry on Vancouver Island, BC. “We are proud to have delivered the first pre-manufactured wall panels to a significant office development project just South of Nanaimo, BC. The use of wall […]
WestRock to Reduce SBS Capacity by Approximately 200,000 Tons
WestRock Company (“WestRock”) announced that it plans to reduce its solid bleached sulphate (“SBS”) mill system production capacity by 200,000 tons by shutting down one paper machine at its Evadale, Texas, mill. This shutdown of the paper machine at the Evadale mill is expected to occur by the end of 2020 and reduce headcount at […]
PECO Pallet, Inc. Announces Definitive Agreement to be Acquired by Alinda Capital Partners and USS
PECO Pallet, Inc. (“PECO”), one of North America’s largest providers of pooled rental pallets and services to the food service, grocery and consumer products industries, announced that a definitive agreement has been reached for PECO to be acquired by U.S.-based Alinda Capital Partners (“Alinda”) and USS, a leading pension fund for the Higher Education sector in […]
L&W Supply Adds New Central Business Development Manager
L&W Supply is excited to announce that Scott Stuckert has accepted the role of Business Development Manager (“BDM”) in L&W Supply’s Central Region. Stuckert comes from the world of manufacturing where he led the startup of a successful steel framing business, serving as President of that company for over 10 years. This will be his […]