Canadian Pacific (“CP”) announced a new multi-year agreement with CMA CGM Group, a world leader in shipping and logistics. CP will become CMA CGM’s primary rail provider in Canada, servicing the ports of Vancouver, Montreal and Saint John, N.B. “CP is proud to provide CMA CGM with safe and reliable service that includes the shortest […]
PotlatchDeltic and CatchMark to Combine to Create a Leading Integrated Timber REIT
PotlatchDeltic Corporation (“PotlatchDeltic”) and CatchMark Timber Trust, Inc. (“CatchMark”) today announced that they have entered into a definitive agreement to combine in an all-stock transaction. The acquisition by PotlatchDeltic will strengthen and diversify a leading integrated timber REIT and continue to enhance shareholder value. Based on the closing stock prices of PotlatchDeltic and CatchMark on […]
PGT Innovations Code Compliance Manager Appointed to Chair ASTM Task Group
Lynn Miller, PGT Innovations Code Compliance Manager, was recently appointed as Chairman of the American Society for Testing and Materials (ASTM) impact-resistance task group. The American Society for Testing and Materials is an international standards organization that develops and publishes voluntary consensus technical standards for a wide range of materials, products, systems, and services. Miller […]
Rayonier Advanced Materials Appoints New President and Chief Executive Officer
Rayonier Advanced Materials Inc. (the “Company”) today announced that De Lyle W. Bloomquist has been appointed President and Chief Executive Officer of the Company, effective immediately. Mr. Bloomquist succeeds Vito J. Consiglio, who has stepped down as President and Chief Executive Officer of the Company, and as a member of the Company’s Board of Directors […]
Allegion Announces CEO Succession
Allegion plc, a leading global provider of security products and solutions, today announced that John H. Stone will succeed David D. Petratis as president and CEO, effective July 11, 2022. Stone will also become a member of the company’s Board of Directors at that time, and Petratis will serve as executive chairman until his retirement, […]
BuildDirect Reports First Quarter 2022 Financial Results
BuildDirect.com Technologies Inc. (“BuildDirect” or the “Company”) a growing omnichannel building material retailer, announced its financial results for the First Quarter 2022 (“Q1 2022”). “I am pleased to report that BuildDirect achieved the Q1 2022 guidance we outlined at the previous quarter,” said David Lazar, interim CEO of BuildDirect. “Our strategic execution is delivering value […]
Tolko Gives Latest Update on High Prairie Fire
Alberta Occupational Health and Safety has approved a phased approach to accessing Tolko’s High Prairie site following the fire on May 20, 2022 (previous update article). On May 26, tradespeople were allowed on site to start restoring power to areas that are unrestricted, and on May 30, operations teams will be able to start clean-up […]
Building Gurus: How To Deal With Toxic Employees in 6 Easy-ish Steps
If you are reading this, I can assume you know what a toxic employee is. Probably, a handful of names who fit the bill just popped in your head. In case you aren’t sure, a toxic employee is someone who creates issues in the workplace – but on an almost epic level. The difference between […]
Regimen Equity Partners Makes Investment in Central Builders’ Supply and Partners With the Existing Owners and Operators
Regimen Equity Partners Inc. (“Regimen”) is pleased to announce an investment in Central Builders’ Supply Ltd. (“CBS” or the “Company”) headquartered in Courtenay, BC on Vancouver Island. Regimen is partnering with the Company’s experienced operating partners, Messrs. Grant Skelly, Rick Fisher and Paul Luksay (the “Principals”). CBS is Regimen’s eighth platform investment and includes the […]
BID to Invest $5 Million in the Modernization and Expansion of its St-Ephrem, Quebec Facility
BID Group, the North American leader in sawmill equipment manufacturing, automation, installation, and life cycle service, is pleased to announce its plans for a $5 million strategic capital investment to expand its St.-Ephrem, Quebec facility. The facility will grow by 18,000 square feet, representing a 35% increase in manufacturing space. The larger area will allow […]