Company advances sustainability and aspires to Net Zero Greenhouse Gas emissions by 2050 Graphic Packaging International, LLC, a global leader in sustainable consumer packaging, today announced its aspiration to achieve Net Zero Greenhouse Gas emissions by 2050 in conjunction with the release of its 2023 Environmental, Social and Governance report. The ESG report outlines the […]
US LBM Names Jeff Wood Senior Vice President of Supply Chain
US LBM, a leading distributor of specialty building materials in the United States, has announced that Jeff Wood has joined the company as senior vice president of Supply Chain, leading the company’s building materials sourcing and procurement strategy and supply chain operations. Wood joins US LBM from Wesco International, a global provider of electrical, communications […]
Mortgage Applications Increase in Aug 14th MBA Weekly Survey
Mortgage applications increased 16.8 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending August 9, 2024. The Market Composite Index, a measure of mortgage loan application volume, increased 16.8 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the […]
Madison’s Reporter: Stable Sales Volumes Bump Lumber Prices up Slightly
Amid sustained demand and takeaway, most lumber and stud commodity prices stayed firm or appreciated. Plywood and OSB continued to struggle by comparison, the latter being particularly frustrating for players. In the week ending August 2, 2024, the price of Western S-P-F 2×4 #2&Btr KD (RL) was US$354 mfbm, said forest products industry price guide […]
The Home Depot Announces Second Quarter Fiscal 2024 Results; Updates Fiscal 2024 Guidance
The Home Depot®, the world’s largest home improvement retailer, today reported sales of $43.2 billion for the second quarter of fiscal 2024, an increase of 0.6% from the second quarter of fiscal 2023. Total sales include $1.3 billion from the recent acquisition of SRS Distribution Inc. (SRS), which represents approximately six weeks of sales in the quarter. Comparable sales […]
CVC Joins CD&R as an Investment Partner in Epicor
Clayton, Dubilier & Rice (“CD&R”) and CVC, announced that funds managed by CVC have agreed to acquire a significant ownership position in Epicor, a global provider of industry-specific enterprise software to promote business growth. CD&R, which first invested in Epicor in 2020, and CVC will each have equal number of Board seats, with Jeff Hawn […]
Statement by the BC Lumber Trade Council on the Final Results of U.S. Department of Commerce’s Fifth Administrative Review
Kurt Niquidet, President of the BC Lumber Trade Council (“BCLTC”) made the following statement in response to the U.S. Department of Commerce announcement today regarding a final (“all others”) rate of 14.54% for countervailing duties and anti-dumping duties applied to shipments of BC softwood lumber to the United States, a marked increase over the prior […]
The U.S. Lumber Coalition: U.S. Department of Commerce Confirms Higher Levels of Harmful Canadian Softwood Lumber Subsidies and Dumping in Fifth Annual Administrative Review
The U.S. Department of Commerce today announced the final determination of a combined anti-subsidy and anti-dumping duty rate of 14.54% in the fifth annual review of unfairly traded Canadian softwood lumber imports into the United States. This United States government ruling substantiates that Canada continues to subsidize and dump its softwood lumber products in the United States, distorting the U.S. softwood […]
Setra Appoints New CFO
Johanna Lindén will assume the role of CFO at the wood industry company Setra on 16 September. She has extensive experience in the wood industry and most recently held the position of CFO, Strategy and IT Manager at Södra Wood. “I am very much looking forward to working with Johanna and warmly welcome her to […]
Cook & Boardman Acquires Brymer Communication Services, LLC
Company continues nationwide total opening solutions expansion The Cook & Boardman Group LLC (“Cook & Boardman” or “C&B”), the leading specialty distributor of commercial entry solutions and systems integration services, has announced the acquisition of Brymer Communication Services, LLC (“BryComm”) headquartered in Hutto, TX. Terms of the transaction were not disclosed. Founded in 2008, BryComm […]