Westlake Ace Hardware announced it has signed a lease to open a new store at 101st Street and Woodland Road in Lenexa, Kan. To be built at the corner of Woodland and K-10 Highway (in the Falcon Plaza retail development), the store will be Westlake’s 22nd location in the Kansas City metro area. “The Kansas […]
Introducing DesignOneSource, the New Specification Division of HDI
Introducing DesignOneSource, the new specification division of Hardwoods Distribution Inc. (“HDI”). The new division is organized to provide the design and millwork community seamless specification support for decorative surface materials across North America by aligning leading global suppliers and front-of-trend interior decor products that adhere to the highest environmental standards. Supported by a vast internal information […]
Mortgage Applications Increase in May 22nd MBA Weekly Survey
Mortgage applications increased 2.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 22, 2020. The Market Composite Index, a measure of mortgage loan application volume, increased 2.7 percent on a seasonally adjusted basis from one week earlier. On an unadjusted […]
West Fraser Provides Update on Business Operations
In a press release dated May 26, 2020, West Fraser Timber Co. Ltd. provided an update on business operations in addition to the voting results for the election of directors. Update on Business Operations Since the middle of March and throughout April in response to rapidly changing market demand and to comply with mandated and […]
Cavco Industries Reports Fiscal 2020 Fourth Quarter and Year End Results
Cavco Industries, Inc. (“Cavco” or the “Company”) announced financial results for the fourth quarter and fiscal year ended March 28, 2020. As previously reported, on August 2, 2019, the Company completed the acquisition of Destiny Homes, which operates a manufactured and modular housing factory in Moultrie, Georgia. The results from this acquired operation since the […]
Tractor Supply Provides Second Quarter 2020 Outlook
Tractor Supply Company (“Tractor Supply” or the “Company”), the largest rural lifestyle retailer in the United States, today provided its financial outlook for the second quarter of 2020, along with the announcement of strategic investments in its Team Members and consumer-shopping experience. “Over the past few months, Tractor Supply has remained focused on our Team […]
Home Hardware Announces Changes to Merchandise LBM Team
Home Hardware is pleased to announce the appointment of Michael Robert and Lee Hooper as Merchandise LBM Directors, reporting directly to Marianne Thompson, Vice-President, Merchandise LBM. Michael and Lee will be responsible for the development and deployment of the LBM program for all building centre locations. “The strategic realignment of our Merchandise LBM leadership team […]
Verso Corporation Introduces Velocity®
Verso Corporation, a leading producer of graphic papers, introduced Velocity®, a No. 3 coated value web paper ideal for a variety of commercial web offset printing applications, including magazines, catalogs, high-end retail inserts, direct mail and lightweight mailings. “As parts of the country start getting back to business, value is top of mind for everyone,” […]
NAHB: New Home Sales Hold Steady in April
In a sign that the housing market is stabilizing in the wake of the COVID-19 pandemic, sales of newly built, single-family homes rose 0.6% to a seasonally adjusted annual rate of 623,000 units in April, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. The […]
American Woodmark Corporation Announces Fourth Quarter Results
American Woodmark Corporation (the “Company”) announced results for its fourth fiscal quarter ended April 30, 2020. Net sales for the fourth fiscal quarter decreased 2.0% to $399.2 million compared with the same quarter of the prior fiscal year. Net sales for fiscal 2020 increased 0.3% to $1,650.3 million from the prior fiscal year. The Company […]