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 […]
Ferguson plc Provides a Trading Update
Ferguson is announcing a pre-close period update on the trading for the period from 1 May 2020 to 21 July 2020 which includes a further update on the impact of the COVID-19 outbreak. Protecting Our Associates Our immediate priority remains to safeguard the health and wellbeing of our associates and customers. Since May, we have […]
Canfor Reports Results for Second Quarter of 2020
Canfor Corporation (“The Company” or “Canfor”) reported its second quarter 2020 results: Overview – Second quarter of 2020 reported operating income of $97 million, includes $81 million recovery of previous inventory write-downs in the lumber segment – Adjusted shareholder net income of $83 million, or $0.67 per share – Vida Group (“Vida”) announced agreement to purchase […]
The Home Depot Announces Renewable Energy Goal and Pledges to Eliminate EPS Foam and PVC Film from Private Brands by 2023 in Annual Responsibility Report
The Home Depot®, the world’s largest home improvement retailer, today announced companywide sustainability progress in its 2020 Responsibility Report, which outlines the company’s 2019 progress on its corporate responsibility strategic pillars: focus on people, operate sustainably and strengthen communities. The report also introduces several new goals and provides an update on the company’s recent response […]