MI Windows and Doors reveals a new parent brand for its business: MITER Brands™. The announcement was made at the company’s annual leadership meeting last week in Dallas. The nationwide company will retain two fast-growing regional product brands – MI Windows and Doors in the East and Milgard Windows and Doors in the West. Sunrise […]
Mortgage Applications Decrease in April 20th MBA Weekly Survey
Mortgage applications decreased 5.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending April 15, 2022. The Market Composite Index, a measure of mortgage loan application volume, decreased 5.0 percent on a seasonally adjusted basis from one week earlier. On an unadjusted […]
Paper Excellence Announces Stew Gibson’s Promotion to Chief Operating Officer
Paper Excellence is pleased to announce the leadership promotion of Mr. Stew Gibson to the role of Chief Operating Officer for Paper Excellence Canada. In the fourth decade of his career, Stew has worked within Catalyst Paper and its predecessors holding numerous positions including General Manager of Powell River, Vice President of Technology and Sourcing, […]
Lowe’s Canada Ranks Among Canada’s Greenest Employers for a Second Consecutive Year
Lowe’s Canada, one of Canada’s leading home improvement retailers operating or servicing some 450 corporate and affiliated stores under different banners, is proud to rank among Canada’s Greenest Employers for a second consecutive year. This recognition is awarded as part of Mediacorp’s annual Canada’s Top 100 Employers competition, which celebrates the achievements of employers who […]
Atlas Engineered Products Reports Record 2021 Year End and Fourth Quarter Financial and Operating Results
Atlas Engineered Products (“AEP” or the “Company”) is pleased to announce its financial and operating results for the year ended December 31, 2021. All amounts are presented in Canadian dollars. “2021 continued to present many challenges for AEP. Rapidly increasing material prices, supply chain shortages, material allotments, labour shortages, and shipping logistic difficulties were some […]
Madison’s Reporter: Delivery Delays Drop Lumber Prices Further
As with the middle of 4Q last year, North American construction framing softwood lumber prices for the week of April 1, 2022 hit almost exactly the level of one year ago. However, last year prices were starting a major crest upward to previous impossible record-level highs. While this year they are dropping. Demand remains quite […]
CSX Announces First Quarter 2022 Financial Results
CSX Corp. today announced first quarter 2022 net earnings of $859 million, or $0.39 per share, compared to $706 million, or $0.31 per share in the same period last year. First quarter 2022 operating income was $1.28 billion compared to $1.10 billion in the prior year period. “We delivered a solid quarter thanks to the […]
Skyline Champion Corporation Awarded Three Home Design Awards for the Third Consecutive Year
For the third consecutive year, the Manufactured Housing Institute (MHI) honored Skyline Champion Corporation as an innovative industry leader with three 2022 MHI Excellence in Manufactured and Modular Home Design awards. These awards demonstrate continued excellence in design, quality, and leadership across Skyline Champion’s impressive portfolio of brands. “One of our core operating principles is […]
Federated Co-operatives Appoints Heather Ryan as CEO
The Board of Directors of Federated Co-operatives Limited (“FCL”) is pleased to announce the appointment of Heather Ryan as the company’s new Chief Executive Officer (“CEO”), effective May 9, 2022. The appointment of the new CEO follows the retirement announcement of Scott Banda, who held the position for 12 years. “On behalf of the FCL […]
NAHB: Single-Family Permits Decline in March as Affordability Woes Continue
The single-family housing market continued to show signs of softening in March as permits and starts declined due to rising mortgage interest rates and ongoing supply chain bottlenecks that continue to delay construction projects and raise home building costs. Due to strong multifamily production, overall housing starts increased 0.3% to a seasonally adjusted annual rate […]