Kenneth E. Ford, 72, of Momence, IL, died on Monday, August 3, 2020, at his residence after a courageous battle with Lewy Body Dementia. He was born on May 17, 1948 in Rensselaer, IN, the son of Francis and Lois Peterson Ford. He married Janet Grzetich, on June 23, 1979, in Joliet, IL. She survives. […]
Pinnacle Renewable Energy Reports 2020 2nd Quarter Results
Pinnacle Renewable Energy (“Pinnacle” or the “Company”) reported record revenues of $132.2 million in Q2 2020, $28.1 million or 27% higher than Q2 2019 revenues of $104.2 million and $21.5 million or 19% above the previous record of $110.7 million set in Q1 2020. The increase in revenues in Q2 2020 results from an increase […]
Dorel Reports Strong 2020 Second Quarter
Dorel Industries Inc. announced results for the second quarter and six months ended June 30, 2020. Second quarter revenue was US$724.0 million, compared to US$670.0 million, up 8.1% from the same period a year ago. Reported net income was US$11.1 million or US$0.34 per diluted share, compared to US$2.8 million or US$0.09 per diluted share […]
Kodiak Building Partners Announces Formation of Jenkins Drywall and Insulation
Kodiak Building Partners and Jenkins Lumber and Hardware announces the formation of a greenfield drywall and insulation distribution operation, Jenkins Drywall and Insulation (“JDI”), based in Etna, Wyoming. Clint Carter, Director of Corporate Development and Real Estate, and Dave Jenkins, President of Jenkins Lumber, identified the opportunity in this unique market and knew that the […]
Graphic Packaging Holding Company Announces Second $250 Million Acquisition of International Paper’s Minority Partnership Interest
Graphic Packaging Holding Company, (the “Company” or “Graphic Packaging”), announced that International Paper has notified the Company of its intent to continue the monetization process of its ownership interest in Graphic Packaging International Partners, LLC (the “Partnership”). Per the agreement, the Partnership will purchase approximately 17.4 million partnership units from International Paper for $250 million. […]
Morbark Announces Leadership Change
Morbark, LLC, a leading manufacturer of equipment used in forestry, recycling, tree care, landscaping, sawmill, and biomass markets, announced the appointment of Bradley (Brad) Boehler as the successor to current Vice President of Alamo Group’s Forestry and Tree Care Business Unit and President of Morbark Holdings, Dave Herr, effective August 24, 2020. Herr joined Morbark […]
HDI Announces Second Quarter 2020 Results
Hardwoods Distribution Inc. (“HDI” or the “Company”) announced financial results for the three and six months ended June 30, 2020. HDI is North America’s largest wholesale distributor of architectural grade building products to the residential, repair and remodel, and commercial construction markets, with a comprehensive US and Canadian distribution network. Second Quarter Highlights – Second […]
Domtar Corporation Reports Preliminary Second Quarter 2020 Financial Results and Announces Strategic Initiatives
Domtar Corporation (“Domtar” or the “Company”) reported net earnings of $19 million ($0.34 per share) for the second quarter of 2020 compared to net earnings of $5 million ($0.09 per share) for the first quarter of 2020 and net earnings of $18 million ($0.28 per share) for the second quarter of 2019. Sales for the second […]
84 Lumber Opens New Truss Plant in Mansfield, Ohio
84 Lumber, the nation’s largest privately held building materials supplier, is continuing to expand with its newest truss plant opening in Mansfield, Ohio. The plant is fully automated and outfitted with the latest design software, computerized saws and laser projection equipment. It is now building trusses and servicing customers throughout the Columbus and Cleveland markets. […]
Interfor Reports Q2’20 Results
Interfor Corporation (“Interfor” or the “Company”) recorded net earnings in Q2’20 of $3.2 million, or $0.05 per share, compared to $6.3 million, or $0.09 per share in Q1’20 and a net loss of $11.2 million, or $0.17 per share in Q2’19. Adjusted net earnings were $10.6 million in Q2’20 compared to $0.7 million in Q1’20 and […]