International Paper, a global leader in sustainable packaging, announced the completion of the divestiture of five European plants to PALM Group to satisfy regulatory commitments from its acquisition of DS Smith Plc. The sale includes (i) three plants in Normandy, France (namely, one box plant in Saint-Amand, one box plant in Mortagne, and one sheet […]
Hillenbrand Completes Divestiture of Minority Stake in TerraSource Holdings
Hillenbrand, Inc. announced that, in conjunction with its majority-stake joint venture partner, it has completed the divestiture of its minority stake interest in TerraSource Holdings (TerraSource) to Astec Industries, in a transaction with a total purchase price of approximately $245 million. Hillenbrand received approximately $115 million from the transaction which is being used to pay […]
Ingersoll Rand Accelerates Value Creation Through Continued M&A, Announces New Acquisition
Continues the company’s disciplined capital allocation strategy of targeted bolt-on acquisitions and proven ability to build trusted, proprietary partnerships with family-owned businesses Acquisition expands Ingersoll Rand competencies and capabilities in high-growth end markets Purchase made at an attractive low-double-digit multiple with expected post-synergy multiple in the mid-to-high single digits Ingersoll Rand Inc., a global provider […]
Gaithersburg Cabinetry & Millwork Expands Production Line in Fauquier County
The Virginia Economic Development Partnership announced that Gaithersburg Cabinetry & Millwork, a specialized architectural millwork manufacturer for high-end commercial interiors, will invest $320,000 to expand a production line in Fauquier County. The company will retrain 10 employees to implement new automation equipment, allowing for the in-house production of metal components. “We are extremely grateful to […]
James Hardie Completes Acquisition of AZEK to Become a Leading Provider of Exterior Home and Outdoor Living Solutions
Combines World-Class Talent with Shared Cultures Focused on Providing Winning Solutions Across the Customer Value Chain Unites Highly Complementary Offerings of Leading Exterior Brands and Significantly Expands James Hardie’s Total Addressable Market Combination Will Capture Significant Commercial and Cost Synergies, Accelerate James Hardie’s Revenue and EBITDA Growth and Drive Robust Free Cash Flow Generation James Hardie […]
Union Pacific Celebrates its 163rd Birthday with New Commemorative No. 1616 Lincoln Locomotive in President Lincoln’s Hometown
Springfield Honored with Train Town USA Designation as part of the Festivities Union Pacific Railroad celebrated its 163rd birthday in the hometown of its famed founder – President Abraham Lincoln – with the help of numerous dignitaries and its newest commemorative locomotive that honors Lincoln’s role in laying the foundation for America’s best-in-the-world freight rail system. The event was sponsored by Union […]
Annual Fan Drive Surpasses $1 Million in Total Donations
Since 2012, community support has helped Westlake Ace Hardware provide more than 70,000 fans to those in need Westlake Ace Hardware is proud to announce that its annual Fan Drive has officially surpassed $1 million in donations since the program began in 2012. Thanks to the generosity of customers and the support of 157 participating stores, thousands of people […]
Bliffert Lumber Merges in Jauquet Lumber
Expanding Service into Northeast Wisconsin Bliffert Lumber is proud to announce its merger with Jauquet Lumber Co Inc., a respected, family-owned business based in Green Bay, Wisconsin. Founded in 1905, Jauquet Lumber has served Northeast Wisconsin with excellence in customer service and quality materials for 120 years. Owned and operated by third-generation brothers Jim and […]
LBM Advantage Appoints Jason Plummer to Board of Directors
LBM Advantage is pleased to announce the appointment of Jason Plummer, President of R.P. Lumber Co., Inc., to its Board of Directors. A second-generation leader in the building materials industry, Plummer brings a wealth of experience and insight to the cooperative. Under a strong leadership team, R.P. Lumber has continued to grow as one of […]
A-1 Global Holdings Announces Promotion of Miguel Amiuny to Chief Operating Officer
A-1 Global Holdings, Inc., a leading employee-owned manufacturer of pre-engineered building components, announces the promotion of Miguel Amiuny to Vice President and Chief Operating Officer (COO), effective July 1, 2025. Miguel brings over 20 years of leadership and innovation in construction and manufacturing to this expanded role. Mr. Amiuny joined A-1 in 2022 as Director […]