Mercer International Inc. (“Mercer”) reports that its Celgar mill, in addition to regularly planned maintenance downtime of five days, will be taking approximately 30 days of additional downtime (aggregate 52,000 ADMTs) in July 2020. The additional downtime largely results from reduced fiber availability in the mill’s procurement area as a result of Covid related sawmill […]
Report: Phenix Lumber Employee Killed Trying to Unjam Wood Chipper
According to reports, Phenix Lumber Co. (HQ: Phenix City, AL) was the site of an accidental fatal accident. The Associated Press reports that in the morning of Wednesday May 27, 2020, Brandon Lee Vandyke was accidently killed when “he got caught in a wood chipper that got jammed at his workplace”. Further details can be read here.
Apogee Enterprises Names Nisheet Gupta Chief Financial Officer
Apogee Enterprises, Inc. announced that it has selected Nisheet Gupta as the company’s next Executive Vice President and Chief Financial Officer, effective June 15, 2020. Gupta will succeed James Porter, who announced his planned retirement last December. Porter will remain with the company through a short transition period, before beginning his retirement. Nisheet joins Apogee […]
Patrick Industries, Inc. Announces Resignation of Chief Financial Officer; John A. Forbes Named as Interim CFO
Patrick Industries, Inc. (“Patrick” or the “Company”), a major manufacturer and distributor of component and building products for the recreational vehicle, marine, manufactured housing and industrial markets, today announced that Joshua Boone, Chief Financial Officer, has resigned to accept a senior leadership position with another publicly traded company. Mr. Boone, who has served as the […]
Kodiak Celebrates Leadership Appointments
Kodiak announced several appointments at the Operating Leadership level across its companies. AO Door (Texas), Direct Lumber and Door (Colorado), American Builders Supply (Florida), and Arizona Wholesale Supply (Arizona) are all the beneficiaries of these dynamic leaders. Linda Hawkins was named as President at AO Door in October 2019. She leads a very successful commercial door […]
BlueLinx Expands National Sales Team
BlueLinx Holdings, Inc. (“BlueLinx”), a leading distributor of building and industrial products in the United States has expanded its National Accounts team. BlueLinx’s national customer base will be supported by two teams: one promoting growth with pro dealers, specialty distributors, coops, national builders and national OEMs while the second team will be focused on its […]
Freddie Mac: Mortgage Rates Hit Another All-Time Low in May 28th Report
Freddie Mac released the results of its Primary Mortgage Market Survey® (“PMMS”®), showing that the 30-year fixed-rate mortgage (“FRM”) averaged 3.15 percent. “The 30-year fixed-rate mortgage has again hit the lowest level in our survey’s nearly 50-year history, breaking the record for the third time in just the last few months,” said Sam Khater, Freddie Mac’s […]
Lumber Liquidators Announces Charles E. Tyson as President & CEO and Reports First Quarter 2020 Financial Results
Lumber Liquidators (the “Company”), a leading specialty retailer of hard-surface flooring in North America, announced that Charles E. Tyson has been named President and Chief Executive Officer, and has been appointed to the Company’s Board of Directors, effective May 27, 2020. Mr. Tyson was appointed Interim President and Principal Executive Officer on February 5, 2020. […]
Lee Roy Jordan Lumber Announces Partnership with NewTechwood
LRJ Lumber Company has partnered with NewTechwood company. With this newly launched affiliation customers will be provided with durable decking and siding made from composite woods. Lee Roy Jordan (“LRJ”) Lumber Company has announced its partnership with NewTechwood decking and siding company. The aim of the partnership is for LRJ to distribute NewTechwood decking and […]
Katerra CLT Factory Receives Chain of Custody Certifications
Katerra, a technology company redefining the construction industry, announced that its cross-laminated timber (“CLT”) factory has earned Chain of Custody (“CoC”) certifications under three major certification programs: Sustainable Forestry Initiative® (SCS-SFI/COC-007240), Forest Stewardship Council® (FSC-C156195), and the Programme for the Endorsement of Forest Certification (PEFC/29-31-382). Katerra worked with SCS Global Services – an international leader […]