Jefferies Group LLC (“Jefferies Group”) announced today that, effective August 24, 2020, Matthew Larson will become Jefferies Group’s Chief Financial Officer, succeeding Teresa Gendron, who has been Jefferies Group’s Interim Financial Officer since the untimely illness and death of its former CFO, Peg Broadbent. Mr. Larson is currently the Chief Financial Officer of Barclays Americas, […]
Premier EuroCase Announces Aetna Plywood as New Midwest Distributor
Premier EuroCase is pleased to announce their partnership with Aetna Plywood as a distributor of their panel products, as well as laser edgebanded doors and components. Aetna will stock all 36 colors from Premier’s Reflekt and UltraMatte collections in both single and double-sided panels at their Maywood, IL location. With this new stocking program Aetna […]
U.S. Department of Labor Cites Georgia Saw Mill for Exposing Employees
The U.S. Department of Labor’s Occupational Safety and Health Administration (“OSHA”) has cited Southern Wood Components LLC – based in Moultrie, Georgia – for exposing employees to hazardous energy and caught-by hazards after an employee fatality at the company’s saw mill. The wood product manufacturer faces $55,326 in penalties. An employee suffered fatal injury when […]
SRS Acquires A.L.L. Roofing Materials
SRS Distribution Inc. (“SRS”) announced that it has acquired A.L.L. Roofing Materials (“A.L.L.” or the “Company”), a distributor of residential and commercial roofing products & accessories. Terms of the agreement were not disclosed. Headquartered in San Jose, CA, A.L.L. operates a network of three branches, servicing professional contractors, local homebuilders, home improvement contractors, and remodelers. […]
Richelieu Reports 2Q Results & Announces New Acquisition
“Richelieu achieved an appreciable performance in the second quarter, in a most challenging business context. We owe this performance to our onestop shop product approach, the diversification of our market segments, our customer service, the positive impact of our acquisitions and the adjustment measures adopted in response to market conditions. The quarter started off strong […]
Goodfellow Reports its Results for the Second Quarter
Goodfellow Inc. (“Goodfellow” or the “Company”) announced its financial results for the second quarter ended May 31, 2020. The Company reported a net income of $3.4 million or $0.40 per share compared to a net income of $1.9 million or $0.22 per share a year ago. Consolidated sales were $103.8 million compared to $123.7 million […]
E.C. Barton & Company Announces Mark Biggers as New Company President
The E.C. Barton & Company Board of Directors recently announced the selection of Mark Biggers as the new President of the company. Biggers assumed the new role on June 1, 2020 and succeeds Niel Crowson as President. He is the sixth President for the company since it began in 1885 in Jonesboro, Arkansas. “We are […]
Freddie Mac: Mortgage Rates Hit Another All-Time Record Low in July 9th Report
Freddie Mac released the results of its Primary Mortgage Market Survey® (“PMMS”®), showing that the 30-year fixed-rate mortgage (“FRM”) averaged 3.03 percent, the lowest rate in the survey’s history dating back to 1971. “The summer is heating up as record low mortgage rates continue to spur homebuyer demand,” said Sam Khater, Freddie Mac’s Chief Economist. “However, […]
Canadian National Investing $105 Million in Saskatchewan
Canadian National (“CN” or the “Company”) announced that, as part of its strategic investments to support growing demand and enable supply chains, it plans to invest approximately $105 million (“CAD”) across Saskatchewan in 2020. The investments will focus on the replacement of rail and ties, as well as the maintenance of bridges, level crossings, culverts, signal […]
Steelcase Recognized as One of the 50 Most Community-Minded Companies in the United States
Recently, Steelcase was named a 2020 honoree of The Civic 50, an initiative of Points of Light. The company’s expansive involvement in community programs – including a mix of volunteered time, product/service donations and financial gifts, as well as the integration of community commitment into business policies and practices – led to the recognition. “At […]