The management of Tafisa Canada is pleased to announce the appointment of Mr. Pierre-Luc Bérubé as Vice-President Sales and Marketing effective August 15. Mr. Bérubé will succeed Eric Dedekam who will retire at the end of October 2022. Mr. Bérubé holds a Bachelor of Business Administration from HEC Montréal. He has extensive experience in sales, […]
US LBM Completes Acquisition of Foxworth-Galbraith Lumber
US LBM has completed its previously announced acquisition of Texas-based Foxworth-Galbraith Lumber Company. With the acquisition now complete, US LBM’s footprint has grown in Texas, Arizona, Colorado and Oklahoma, and the company has expanded into New Mexico. “We are thrilled to officially welcome the Foxworth-Galbraith team to the US LBM family. US LBM and Foxworth-Galbraith are stronger together, […]
Skyline Champion Announces First Quarter Year Fiscal 2023 Results
Skyline Champion Corporation (“Skyline Champion”) announced financial results for its first quarter ended July 2, 2022 (“fiscal 2023”). First Quarter Fiscal 2023 Highlights (compared to First Quarter Fiscal 2022) Net sales increased 42.3% to $725.9 million U.S. homes sold increased 6.9% to 6,813 Total backlog increased 14.1% to $1.4 billion Average selling price (“ASP”) per […]
Obituary: Mary Francine Davis
Mary Francine Davis, born November 9, 1928 outside of Texarkana, Arkansas, passed away Thursday, July 28, 2022. She was the youngest daughter of Earl and Olgie Hinshaw and, with her sister, performed locally on KOSY radio as The Hinshaw Quartet. She was preceded in death by her husband, Franklin Davis, on May 25, 1972, her […]
BlueLinx Announces Second Quarter 2022 Results
BlueLinx Holdings Inc., a leading U.S. wholesale distributor of building products, announced results for the second quarter 2022. Second Quarter 2022 Key Results (all comparisons are versus the prior year period) Delivered third highest quarter ever in diluted Earnings Per Share, adjusted EBITDA, and Operating Cash Net sales of $1.2 billion, a decrease of 5% […]
BID Completes Acquisition of Smith Sawmill Service
BID Group is pleased to announce it has completed the purchase of Smith Sawmill Service further to the Company’s press release dated June 15, 2022. “We are very excited to welcome our friends at Smith’s facilities in Timpson, TX, Shreveport, LA, and Polkton, NC to the BID team,” said Alistair Cook, President and CEO at […]
Leggett & Platt Reports Record 2Q Sales
2Q sales1 were a quarterly record $1.33 billion, a 5% increase vs 2Q21 2Q EBIT of $143 million, down $29 million vs 2Q21 and down $1 million vs 2Q21 adjusted2 EBIT 2Q EPS of $.70, a decrease of $.12 vs 2Q21 and an increase of $.04 vs 2Q21 adjusted2 EPS 2022 guidance lowered: sales of $5.2–$5.4 billion; EPS of $2.65–$2.80 Diversified manufacturer Leggett & Platt reported record quarterly sales1 in second quarter of $1.33 billion, a 5% […]
LP Building Solutions Completes Sale of Engineered Wood Products Business and SolidStart® Brand to Pacific Woodtech
LP Building Solutions (LP) announced that it closed on the previously announced sale of its Engineered Wood Products (EWP) business to Pacific Woodtech for $210 million. The acquisition includes LP’s laminated veneer lumber and I-joist manufacturing facilities in Wilmington, North Carolina; Red Bluff, California; and Golden, British Columbia, Canada, associated timber license assets, and the SolidStart® brand. LP’s financial adviser is UBS Investment […]
BID Group Completes Acquisition of Smith Sawmill Service
BID Group is pleased to announce it has completed the purchase of Smith Sawmill Service further to the Company’s press release dated June 15, 2022. “We are very excited to welcome our friends at Smith’s facilities in Timpson, TX, Shreveport, LA, and Polkton, NC to the BID team,” said Alistair Cook, President and CEO at […]
Ahlstrom-Munksjö to Invest EUR 15 Million in Reducing its Carbon Footprint at its Production Plants in Wisconsin, USA
Ahlstrom-Munksjö is investing in new technology and converting its existing boilers at its Mosinee and Rhinelander plants in Wisconsin, United States, to reduce its carbon emissions and landfill waste. These investments at the Mosinee production plant will enable a reduction in its carbon footprint by an estimated 20%, and a reduction of landfill waste by […]