Renewable energy has gone from space-age to sensible — and demand is spreading fast. That’s why so many construction professionals will be converging in Long Beach, California, this month for the Intersolar North America and Energy Storage North America event, taking place Feb. 14-16 at the Long Beach Convention Center. Attendees will be looking for technologies, tools […]
SRS Distribution Announces 20 New Locations Opened in 2022
SRS Distribution Inc. (“SRS”) announced that it opened 20 greenfield locations within its Building Products Division in 2022, enhancing its growing national network of independent distributors. This expansion includes openings across every region of the country, with an emphasis on markets with attractive growth profiles. These locations are staffed by experts dedicated to exemplary customer […]
Rayonier Reports Fourth Quarter 2022 Results
Rayonier Inc. reported fourth quarter net income attributable to Rayonier of $33.1 million, or $0.22 per share, on revenues of $245.4 million. This compares to net income attributable to Rayonier of $8.7 million, or $0.06 per share, on revenues of $262.0 million in the prior year quarter. The fourth quarter results included $16.6 million of […]
Batesville Starts New Chapter of Growth with LongRange Capital
LongRange Capital (“LongRange”), a private investment firm focused on building and growing middle market businesses over the long term, has completed its acquisition of Batesville Services (“Batesville”), one of North America’s leading providers of high quality burial and cremation products, merchandising and memorialization offerings and innovative technology solutions, from Hillenbrand, Inc. (NYSE:HI). Chris Trainor was […]
Drexel Building Supply Expanding in the Village of Kewaskum
Drexel Building Supply is expanding their footprint to Kewaskum, WI after the recent announcement of their acquisition of McMahon & Co, a custom door manufacturer. Located only 6 miles from Drexel’s Headquarters, the facility will continue to manufacture quality products customers have come to expect out of McMahon & Co. “We saw an opportunity to […]
CNRG Acquires Everson’s Hardware in Waconia, MN
Deborah and Tracy Everson, owners of Everson’s Hardware in Waconia, MN, have agreed to sell their business and operating assets to Central Network Retail Group, LLC (CNRG), a multi-format, multi brand retailer currently operating 143 hardware stores, home centers and lumber yards in 16 states. Everson’s Hardware will be rebranded and operate as part of […]
WestRock Reports Fiscal 2023 First Quarter Results
WestRock Company (“WestRock”), a leading provider of sustainable paper and packaging solutions, today announced results for its fiscal first quarter ended December 31, 2022. First Quarter Highlights and other notable items: “I’m pleased to report that WestRock grew packaging revenue and margins in the first quarter, even in this challenging environment,” said David B. Sewell, […]
Rayonier Advanced Materials Publishes 2022 ESG Progress Update
Rayonier Advanced Materials Inc. (NYSE: RYAM, the “Company”) announced the release of its 2022 Environmental, Social and Governance (ESG) Progress Update (the “Update”), as a supplement to the Company’s comprehensive 2021 ESG Report. The Update details RYAM’s progress against its disclosed greenhouse gas reduction targets and provides enhanced SASB-aligned disclosures around energy consumption, water usage, waste […]
Mortgage Applications Decrease in Feb 1st MBA Weekly Survey
Mortgage applications decreased 9.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 27, 2023. The Market Composite Index, a measure of mortgage loan application volume, decreased 9.0 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index […]
Madison’s Reporter: Softwood Lumber Prices Come Up Off Seasonal Lows
January 2023 is well under way, and with it the usual seasonal large-volume buying by the big US home builders has begun. Because they want the wood needed for their projects on the ground before spring building activity, customers make their orders now to accommodate possibly extended delivery times. As such, it is usual for […]