Atlas Engineered Products (“AEP” or the “Company”) announced today that the Company has completed the acquisition of Léon Chouinard et Fils Co. Ltd./Ltée. (“LCF”) located in New Brunswick, Canada. LCF is a manufacturer of roof trusses, floor systems, and wall panels and a supplier of engineered wood products (“EWP”). “We are excited to announce the acquisition […]
The Home Depot Launches New Homeowners Hub Designed with Millennials in Mind
Millennials report home maintenance (74%) and home improvement (68%) projects are the most stressful aspects of homeownership; site created to help The Home Depot® launched a New Homeowners Hub to equip the next generation of current and future first-time homeowners with valuable resources including DIY guides, product recommendations, design inspiration and more. According to a new survey conducted […]
Madison’s Reporter: Lumber Prices Drop in Mid-August Lull
In the week ending August 11, 2023, the price of Western S-P-F 2×4 #2&Btr KD (RL) was US$397 mfbm, said forest products industry price guide newsletter Madison’s Lumber Reporter. This is down by -$29, or -7%, from the previous week when it was $426. That week’s price is down by -$58, or -13%, from one […]
Governor Cooper Announces Home Builder Will Create 263 Jobs with New Facility in Stanly County
Clayton Supply selects location in New London Clayton Supply, part of Clayton Home Building Group, will create 263 jobs as it locates a new facility in Stanly County, Governor Roy Cooper announced today. The company’s project will locate in New London. “Manufacturers trust North Carolina because they know we’ve earned our reputation for having the […]
Chris Swenson Named Vice President of Human Resource of Parksite
~ Building Material Distributor Announces Expansion of Human Resource Group with Addition of VP of HR ~ Parksite, Inc. announced the appointment of Chris Swenson to the newly created role of Vice President, Human Resources. In this role, Chris will lead Parksite’s Human Resources teams across all business units. “Significant growth and expansion, like we’ve […]
La-Z-Boy Reports First Quarter Fiscal 2024 Results
La-Z-Boy Incorporated (“La-Z-Boy”), a global leader in the manufacture and retail of residential furniture, today reported first quarter results for the period ended July 29, 2023. Sales totaled $482 million, in line with guidance of $470 to $490 million, and a decrease of 20% against a year ago period that benefited from delivery of pandemic related backlog. Company owned Retail written same-store […]
Toll Brothers Reports FY 2023 3rd Quarter Results
Toll Brothers, Inc., the nation’s leading builder of luxury homes, today announced results for its third quarter ended July 31, 2023. FY 2023’s Third Quarter Financial Highlights (Compared to FY 2022’s Third Quarter) Douglas C. Yearley, Jr., chairman and chief executive officer, stated: “We are very pleased with our third quarter results. We beat our guidance for home sales revenues, adjusted […]
Ace Hardware Opens Over 100 Stores In 2023 On Track To Open More Than 170 Stores This Year
Ace Hardware, the largest retailer-owned hardware cooperative in the world, has already opened over 100 new stores in 2023, and is planning to open more than 170 by the end of the year. Globally, Ace has opened more than 1,100 stores in the past five years, while disbursing dividends of $345 million and providing a 39 percent return for Ace shareholders in […]
Fortress Building Products Divests Composite Decking Assets
Fortress Building Products is pleased to announce that it has completed the sale of the assets of its composite decking subsidiary (which includes products such as Fortress® Decking, Cladding and HULK Fasteners™), as well as the associated exclusive North American distribution rights, to Eva-Last Americas. “This transaction enables Fortress to place added focus on our core […]
Celebrating a Helpful Heart in Chillicothe, Missouri
Kurt Milanovich, assistant manager at Westlake Ace Hardware in Chillicothe is the latest associate to be recognized with the company’s Helpful Hearts award. Milanovich is just the fourth recipient in the company to receive the esteemed award that celebrates store associates who are doing the unexpected and passionately serve others in their communities. Westlake Ace is headquartered in the […]