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The Home Depot Elects Chair of the Board

The Home Depot®, the world’s largest home improvement retailer, announced today that its Board of Directors has elected CEO and President Edward “Ted” Decker as chair of the board, effective Oct. 1, 2022. He will succeed Craig Menear, who will retire as chair effective Sept. 30, 2022. “During Ted’s tenure as CEO and a member […]

84 Lumber Named to 2022 Inc. 5000 List of America’s Fastest Growing Companies

84 Lumber, the nation’s largest privately held building materials supplier, has once again earned a spot on the 2022 Inc. 5000 list. The Inc. 5000 is known as the most prestigious ranking of the nation’s fastest-growing private companies, and this is the third time 84 Lumber has made the list. According to Inc. 5000’s research, […]

Third Bench Drives Sales Growth with New Products

New America Energy Corp., and it’s operating subsidiary, Third Bench Holdings, LLC (“Third Bench” or the “Company”), is pleased to report that the Ceilings Division of the Company’s subsidiary OGB Architectural Millwork (“OGB”) has already shattered all previous annual sales records. By way of background, OGB first started selling Architectural Wood Ceilings in 2019 as […]

Freddie Mac: Mortgage Rates Revert from Last Week

Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing that the 30-year fixed-rate mortgage (FRM) averaged 5.13 percent. “Inflation appears to be beyond its peak, which has stopped the rapid increase in mortgage rates that the housing market was experiencing earlier this year,” said Sam Khater, Freddie Mac’s Chief Economist. “The […]

Obituary: Roger H. Scherer

Roger H. Scherer 87, died in his sleep, his wife Irma by his side, on August 14 at his home in Plymouth. Roger lived a full life, was a man of great faith who loved and was immensely proud of his immediate and extended family. He provided vision and leadership to a successful family business, […]

NAR: Existing-Home Sales Retreated 5.9% in July

Existing-home sales sagged for the sixth straight month in July, according to the National Association of REALTORS®. All four major U.S. regions recorded month-over-month and year-over-year sales declines. Key Highlights Existing-home sales fell for the sixth consecutive month to a seasonally adjusted annual rate of 4.81 million. Sales were down 5.9% from June and 20.2% […]

PPG Appoints Brad Budde as Vice President and Chief Digital Officer

PPG announced the appointment of Brad Budde as vice president and chief digital officer, effective Sept. 6. Reporting directly to Irene Tasi, chief growth officer, Budde will lead the company’s digital strategy and execution to accelerate customer digital engagement with PPG. “Brad has a proven track record of developing results-driven digital solutions and customer experiences,” […]

Tulsa Port of Catoosa Names OmniTRAX Exclusive Rail Partner

OmniTRAX, Inc., a comprehensive supply chain, industrial development, and logistics solutions provider, and the transportation affiliate of The Broe Group, has been selected as the exclusive rail partner for the Tulsa Port of Catoosa. One of the largest, most inland ports in the United States, the Tulsa Port of Catoosa provides centralized access for thousands […]

ABC Supply Co., Inc. Opens Location in Medford, Oregon

ABC Supply Co. Inc., the nation’s largest wholesale distributor of roofing, siding and other select exterior and interior building products, has opened a new location at 3595 Avion Drive in Medford, Oregon. Tom Frost will manage the branch. Frost joined ABC Supply in 2010 as a driver at the company’s Saint Augustine, Florida, location. He […]