Governor Brian P. Kemp announced that A-1 Roof Trusses, a leading manufacturer of pre-engineered wood trusses, plans to invest $17 million and create 130 jobs in a new manufacturing facility in Bainbridge. The Decatur County location will mark the company’s first facility outside of its headquarters in Fort Pierce, Florida. “We are proud to welcome […]
President and CEO Bob Snyder Retires from Twin Rivers
A Letter From Interim CEO Tim Lowe Today, we announce a leadership change. President and CEO Bob Snyder will retire from Twin Rivers effective immediately, and I’ve been appointed by the Board of Directors to assume his role in an interim capacity. Having been the CEO from 2013 – 2016, I look forward to returning to […]
Rayonier Completes Acquisition of Pope Resources
Rayonier Inc. (“Rayonier”) announced the completion of its previously announced acquisition of Pope Resources, A Delaware Limited Partnership (“Pope Resources”). Unitholders of Pope Resources approved the transaction at a special meeting of unitholders held on May 5, 2020. “The completion of this transaction significantly expands and enhances our Pacific Northwest timberland and real estate portfolio,” […]
New River Valley Building Supply Opens in Christiansburg
A Virginia company with more than 70 years’ experience in the building materials business has opened New River Valley Building Supply. The store is in a former Moore’s Lumber building at 2000 Roanoke Street in Christiansburg. The showroom has been renovated, and two other buildings will be completed next month to ensure the entire inventory […]
Boise Cascade Company Reports First Quarter 2020 Results and Provides COVID-19 Business Update
Boise Cascade Company (“Boise Cascade,” the “Company,” “we,” or “our”) reported net income of $12.2 million, or $0.31 per share, on sales of $1.2 billion for the first quarter ended March 31, 2020. First quarter 2020 results include $15.0 million and $1.7 million, respectively, of pre-tax accelerated depreciation and other curtailment related costs, or $0.32 […]
Carlisle Companies Announces the Retirement of David A. Roberts and Elects D. Christian Koch Chairman of the Board
Carlisle Companies Incorporated (the “Company”) announced that its Board of Directors elected D. Christian Koch as Chairman of the Board, effective immediately, succeeding David A. Roberts, who retired from the Board today in accordance with the Board’s mandatory age 72 retirement policy. Mr. Koch also remains as the Company’s President and Chief Executive Officer, offices […]
Stella-Jones Reports First Quarter Results
Stella-Jones Inc. (“Stella-Jones” or the “Company”) announced financial results for its first quarter ended March 31, 2020. “We had a solid start to the year with sales up a robust 14%. Sales growth for our pressure-treated wood products was supported by stronger demand for utility poles and residential lumber, and improved pricing for utility poles […]
Fiberon to Expand in Stanly County
Fiberon announced its plans to upgrade and expand its manufacturing operations and facility in New London, NC with a new investment of more than $20 million over the next three years. Fiberon, a leading manufacturer of composite and PVC decking and railing products used in homes and light commercial construction, established the benchmark for innovative, […]
Interfor Updates on Effects of COVID-19 and Provides 1Q Results
Interfor Corporation (“Interfor” or the “Company”) recorded net earnings in Q1’20 of $6.3 million, or $0.09 per share, compared to net losses of $41.7 million, or $0.62 per share in Q4’19 and $15.3 million, or $0.23 per share in Q1’19. Adjusted net earnings were $0.7 million in Q1’20 compared to Adjusted net losses of $17.4 […]
Koppers Holdings Announces First Quarter Results and Other Business Updates
Koppers Holdings Inc. (“Koppers”), an integrated global provider of treated wood products, wood treatment chemicals and carbon compounds, today reported a net loss attributable to Koppers for the first quarter of $1.4 million, or $(0.07) per diluted share, compared to net income of $11.6 million, or $0.56 per diluted share, in the prior year quarter. […]