Richard C. Young of Beesley’s Point, NJ, passed away peacefully at home on Sunday, May 10, 2020. He was 71. Born in Hackensack, NJ to the late Dorothy (nee Meier) and Robert G. Young, Jr., he was a 1966 graduate of Ramsey High School and earned his BS from Moravian College in 1970. This of […]
E.C. Barton & Company Announces New Home Outlet Location in Chattanooga, Tennessee
E.C. Barton & Company announced recently the opening of its new Home Outlet store in Chattanooga, Tennessee, in the Hixson area. The new location at 5380 TN 153, Hixson, opened May 11, 2020, offering flooring, cabinetry, plumbing, doors and window products at the Guaranteed Lowest Price for consumers and professionals. “We are excited about the […]
Report: Freeman Lumber No Longer Shutting Down
According to Canadian news reports, Freeman Lumber (a d/b/a of Harry Freeman & Son Limited) [HQ: Greenfield, NS], announced they are no longer shutting down. CBC News reports that Freeman Lumber is “mostly back to business as usual” due to the organization being able to find a couple of “solid leads” for their chip sales. Co-owner […]
Conifex Provides Update and Reports First Quarter Results
Conifex Timber Inc. (“Conifex”, “we” or “us”) reported results for the first quarter ended March 31, 2020. Adjusted EBITDA from continuing operations was positive $0.5 million for the quarter, which represented an improvement of $4.6 million over the fourth quarter of 2019, primarily attributable to increased operating earnings and lower selling, general and administrative costs. […]
Wabash National Corporation Announces First Quarter 2020 Results
Wabash National Corporation (the “Company”), the innovation leader of engineered solutions for the transportation, logistics and distribution industries, reported results for the quarter ended March 31, 2020. Net sales for the first quarter 2020 were $387 million as customer pickups of equipment trailed expectations. Operating loss was $110 million principally driven by goodwill impairment of […]
Freddie Mac: Mortgage Rates Generally Hold Steady in May 14th Report
Freddie Mac released the results of its Primary Mortgage Market Survey® (“PMMS”®), showing that the 30-year fixed-rate mortgage (“FRM”) averaged 3.28 percent. “Mortgage rates have stabilized at very low levels over the last few weeks as homebuyer demand slowly improves,” said Sam Khater, Freddie Mac’s Chief Economist. “Although purchase applications reached a new low in mid-April, […]
La-Z-Boy Launches One Million Thanks For Healthcare Workers
La-Z-Boy, one of the most recognized brands in the furniture industry, is launching a new campaign called “One Million Thanks” that honors the sacrifices of frontline healthcare workers throughout the COVID-19 pandemic. With support from brand ambassador Kristen Bell, La-Z-Boy is rallying the collective creativity of the internet community to create one million different ways […]
Obituary: Roy Clay Triplette
Mr. Roy Clay Triplette age 92 of Millers Creek, passed away Tuesday, May 5, 2020 at his home. Private Funeral Services will be held Friday May 15, 2020 at Millers Creek Baptist Church with Pastor Shannon Critcher and Pastor Jim Gore officiating. Burial will be at Mountlawn Memorial Park. Mr. Triplette may be viewed at […]
Mortgage Applications Increase in May 8th MBA Weekly Survey
Mortgage applications increased 0.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 8, 2020. The Market Composite Index, a measure of mortgage loan application volume, increased 0.3 percent on a seasonally adjusted basis from one week earlier. On an unadjusted […]
SmartLam North America™ and RedBuilt™ Forge New Partnership
SmartLam North America™ and RedBuilt™ are proud to announce their partnership to supply Cross-Laminated Timber (CLT) products and solutions to architects, engineers and contractors for projects using the popular mass timber building technology. RedBuilt will serve as the exclusive distributor of SmartLam CLT in the Pacific Northwest, West Coast and Southwest, which includes nine states: […]