Carbotech Group continues to expand in the United States with the acquisition of a plant in South Carolina Carbotech Group is proud to announce the acquisition of a 14,000 sq. ft. plant in Roebuck, South Carolina, marking a major milestone in its American expansion. In perfect synergy with its growth strategy, the company plans to start operations at its […]
Madison’s Reporter: Year-End 2023 Lumber Prices Match 2022 Levels
In the week ending December 8, 2023, the price of Western S-P-F 2×4 #2&Btr KD (RL) was US$408 mfbm, said forest products industry price guide newsletter Madison’s Lumber Reporter. This is down by -$6, or -1%, compared to the previous week when it was $414. That week’s price is up by +$5, or +1%, from […]
Department of Labor Fines Wisconsin Sawmill Nearly $1.4M After Allowing Teens to Operate Dangerous Machinery
16-year-old fatally injured at Florence Hardwoods Despite federal regulations barring young workers from operating dangerous machinery, the management of a Wisconsin sawmill allowed several minors workers to perform maintenance on equipment without training or following required safety procedures. On June 29, 2023, a 16-year-old worker became trapped in a stick stacker machine as he tried […]
Confluence Advises Distributor Service, Inc. in its Sale to Hood Industries, Inc.
Confluence Advisors, LLC (“Confluence”) served as the exclusive advisor to Distributor Service, Inc. (“DSI”) with respect to its sale to Hood Industries, Inc. (“Hood”). Terms of the transaction were not disclosed. Founded in 1968, DSI is a one-stop-shop provider of architectural wood and specialized building products for the woodworking industry. The Company supplies cabinet makers, […]
ABC Supply Co., Inc. Opens Location in Griffin, Georgia
ABC Supply Co., Inc., the largest wholesale distributor of roofing and other select exterior and interior building products in North America, has opened a new location at 255 Odell Road in Griffin, Georgia. The location’s hours are 7 a.m. to 4 p.m. (ET) Monday through Friday. Patricia Brown will manage the new branch. Brown, a Griffin native, […]
Worthington Enterprises Reports Second Quarter Fiscal 2024 Results
Worthington Enterprises, Inc., formerly Worthington Industries, Inc., reported results for its fiscal 2024 second quarter ended November 30, 2023. These quarterly results include both Worthington Enterprises and Worthington Steel. Beginning in the third quarter of fiscal 2024, historical results will be restated to reflect the operations of the Company’s former Steel Processing segment as a […]
U.S. Census Bureau: Monthly New Residential Construction, November 2023
The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential construction statistics for November 2023: Building Permits Privately-owned housing units authorized by building permits in November were at a seasonally adjusted annual rate of 1,460,000. This is 2.5 percent below the revised October rate of 1,498,000, […]
MiCROTEC Appoints Ofer Heyman as New Corvallis CEO, Bringing Extensive Industry Experience
Ofer brings a wealth of experience and a background in the industry, making him a valuable addition to the MiCROTEC team. MiCROTEC, a global leader in innovative scanning solutions for the wood products industry, is pleased to announce the appointment of Ofer Heyman as its new Chief Executive Officer (CEO) in Corvallis, Oregon. Ofer brings a wealth […]
NRLA Installs New Chair Doug Ford of Curtis Lumber
The Northeastern Retail Lumber Association (NRLA) is proud to announce the election of Doug Ford, of Curtis Lumber Company, as the new Chair of the association. This election occurred on Thursday, Dec. 7, during NRLA’s annual business meeting, coinciding with the LBM Expo at Mohegan Sun in Uncasville, Conn. Doug Ford assumes the role following […]
Huber Timber LLC Acquires Sandy Gray Forest in Maine
J.M. Huber Corporation (Huber) expanded its timberland holdings on December 11 by acquiring the Sandy Gray Forest, a parcel with an interesting history and strategic importance to the Company. Huber Timber LLC (HT), the timberland ownership entity of Huber, purchased the 100,013 acre (40,473 hectare) contiguous tract of timberland located in northern Maine as a […]