Owens Corning (NYSE: OC) today announced that Chief Financial Officer Ken Parks will be stepping down from his role effective September 15 to pursue another professional opportunity. Todd Fister, who has served as President of the company’s global Insulation business since 2019, will succeed Mr. Parks as CFO, effective September 15. “I want to thank […]
Fastmarkets: European Softwood Lumber Exports to the US Cooled in Second Quarter of 2023
After a scorching start to the year, US softwood lumber imports from Europe cooled abruptly in the second quarter. That trend contributed to an overall fade in US demand for foreign lumber through the first half. Imports from the 10 largest European suppliers fell to 428 million board feet (mmbf) in the second quarter, down 30% from […]
Report: Phenix Lumber Maintenance Worker Struck and Killed
According to local news reports, a maintenance worker died at Phenix Lumber Co. (HQ: Phenix City, AL), in an industrial accident. AL.com reports that on Wednesday, August 23, 2023, “police and fire medics were dispatched at 3:30 p.m. to Phenix Lumber Company.” Upon arrival they “learned an employee had been struck by a piece of […]
Domain Timber Advisors Completes Sale of Nearly 1,300 Acres of Northeast Virginia Timberland
Domain Capital Group, LLC, a comprehensive private investment management services firm, and its subsidiary, Domain Timber Advisors, LLC, today announced the disposition of nearly 1,300 contiguous acres of timberland to a local utility in Richmond County, Va. for development of solar energy generation capacity. The sale came from a portfolio of more than 23,000 acres […]
Freddie Mac: Mortgage Rates Continue to Surge
Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 7.23 percent. “This week, the 30-year fixed-rate mortgage reached its highest level since 2001 and indications of ongoing economic strength will likely continue to keep upward pressure on rates in the short-term,” said Sam Khater, Freddie […]
LP Building Solutions Supports Initiative to Close the Gender Gap
Initiative aims to add 500,000 women to manufacturing workforce by 2030 LP BUILDING SOLUTIONS (LP), a leading manufacturer of high-performance building products, today announced its pledge to support the Manufacturing Institute’s “35×30” initiative, an ambitious, industry-wide effort to close the gender gap in manufacturing by adding half a million women to the industry, increasing women’s representation from the current […]
Rayonier Releases 2022 Sustainability Report and Carbon Report
Rayonier Inc. (NYSE:RYN) today released its 2022 Sustainability Report, which highlights the actions the Company is taking to ensure the long-term sustainability of its land resources as well as the long-term well-being of its investors, employees, communities, and other stakeholders. This report illustrates Rayonier’s ongoing commitment to transparency around Environmental, Social, and Governance (ESG) factors and how […]
Carlisle Companies Publishes 2022 Sustainability Report
Carlisle Companies Incorporated (NYSE:CSL) today published its 2022 Sustainability Report. The 2022 report shares details of Carlisle’s century-long journey and provides a deeper look into Carlisle’s socially and fiscally responsible approach to create value for its stakeholders, including customers, employees, suppliers, shareholders and the communities in which we operate. Chris Koch, Chair, President and Chief Executive Officer, said, […]
L&W Supply Names New Regional Business Development Manager of Northeast Region
L&W Supply, a nationwide distributor of interior building materials and construction supplies, has announced that Rob Wood has been named regional business development manager of its Northeast Region. Wood recently joined the L&W Supply team, bringing a wealth of sales management experience from the Northeast Region to the company. In his new role, he will […]
PPG Marks 140th Anniversary
PPG (NYSE:PPG) today announced the opening of a customer and employee experience center at its global headquarters in Pittsburgh (Video available here). The center showcases innovative paints, coatings and specialty materials and technologies from across the organization. The 1,400-square-foot experience center is part of a recent renovation of the top two floors of One PPG […]