Armstrong World Industries, Inc. (“AWI”) announced it has acquired Turf Design, Inc., a Chicago-based commercial interiors design house and maker of custom felt ceiling and wall solutions with annual revenues of approximately $25 million. The acquisition strengthens AWI’s design and manufacturing capabilities and broadens its extensive portfolio of architectural specialties ceiling and wall solutions. Turf […]
Armstrong World Industries Reports Second Quarter 2020 Results
Armstrong World Industries, Inc. (“AWI”), a leader in the design, innovation and manufacture of commercial and residential ceiling, wall and suspension system solutions, reported financial results for the second quarter of 2020. Second Quarter Results from Continuing Operations Net sales decreased compared to the prior year quarter, driven by lower volumes in both the Mineral […]
PotlatchDeltic Corporation Reports Second Quarter 2020 Results
PotlatchDeltic Corporation reported net income of $2.6 million, or $0.04 per diluted share, on revenues of $181.6 million for the quarter ended June 30, 2020. Net income was $17.1 million, or $0.25 per diluted share, on revenues of $215.6 million for the quarter ended June 30, 2019. Second Quarter 2020 Highlights – Generated $35.3 million […]
West Fraser Announces Second Quarter 2020 Results
West Fraser Timber Co. Ltd. (“West Fraser” or the “Company”) reported results for the second quarter of 2020. All dollar amounts in this news release are expressed in Canadian dollars. Second Quarter Highlights – Sales of $1,276 million; up 7% on previous quarter. – Lumber shipments 165 MMfbm higher than the previous quarter. – Adjusted […]
AHC Hardwood Group Expands Remanufacturing Capabilities at Clarksville, Tennessee
AHC Clarksville, a division of AHC Hardwood group, has completed an expansion with the addition of remanufacturing capabilities at the Clarksville, Tennessee location. In the first month of operation, the plant processed more than 120,000 board-feet of moulding and other hardwood products. The expansion adds 25% to the overall capacity of AHC Hardwood Group while […]
Trex Names New President of Commercial Products Division
Trex Company, Inc. announces the appointment of Laura Rygielski Preston as president of Trex Commercial Products, Inc. Effective July 27, 2020, Rygielski Preston takes over management of the company’s commercially focused subsidiary, which includes two Minneapolis-based businesses – Trex Commercial Products, a national leader in architectural railing systems, and Staging Concepts, a leading provider of […]
Pella Corporation Expands with Manufacturing Facility in Ohio
Pella Corporation, a leading window and door designer and manufacturer, announced that it has selected Troy, Ohio as the location for its new manufacturing facility. Pella will occupy an existing 324,000 square foot space where it will house the production of vinyl windows and doors. The new manufacturing facility will serve customers in the Eastern […]
V-T Industries Founder Roger Clausen Passes Away
On Saturday, July 25, the founder and earliest visionary of VT Industries, Inc., Roger Clausen, passed away. Roger passed away peacefully after a short illness. Roger Clausen was born in 1927 on a farm outside of Holstein, Iowa. His life on the farm, in rural northwest Iowa, shaped him throughout his youth and instilled a […]
Koppers Holdings Inc. Reports Preliminary Second Quarter 2020 Results; Provides 2020 Outlook
Koppers Holdings Inc. (“Koppers”), an integrated global provider of treated wood products, wood treatment chemicals and carbon compounds, today reported preliminary net income attributable to Koppers for the second quarter of $29.2 million, or $1.39 per diluted share, a second-quarter record, compared to net income of $14.7 million, or $0.70 per diluted share, in the […]
Hooker Furniture Finalizes Q1 Financial Results
Hooker Furniture Corporation (“Hooker” or the “Company”) reported finalized financial results for its fiscal 2021 first quarter which ended May 3, 2020. The Company reported preliminary results on June 12, 2020 which did not include expected non-cash impairment charges on its intangible assets. “COVID-19 had a material impact on our financial performance in the fiscal 2021 […]