Enviva Inc. (“Enviva”), the world’s leading producer of sustainable wood bioenergy, today announced it will invest approximately $250 million in Bond, Mississippi to build a new wood pellet production plant. The facility is a key component of the company’s growth strategy to double production capacity from the current 6.2 million metric tons annually to approximately […]
NAHB: Residential Building Worker Wages on the Rise
Average hourly earnings for residential building workers continue to rise as the construction labor market remains tight. According to the Bureau of Labor Statistics (“BLS”), average hourly earnings for residential building workers was $28.66 in February 2022, increasing 6% from $27.01 a year ago. Earnings for residential building workers have increased significantly since the COVID-19 […]
Cornerstone Building Brands Mourns Death of Art Steinhafel, President of U.S. Windows and Doors
Cornerstone Building Brands, Inc. (the “Company”), sadly announced today that Art Steinhafel, President of U.S. Windows and Doors, passed away suddenly on April 3, 2022. He was 53 years old. “It is with great sadness that we announce today the passing of our colleague Art Steinhafel,” said Cornerstone Building Brands President and CEO Rose Lee. […]
Koppers Announces Sale of Property and Assets at Facility in Sweetwater, Tennessee
Koppers Holdings Inc. and Koppers Utility and Industrial Products Inc., a wholly owned subsidiary of Koppers Holdings Inc., today announced the completion of the sale of its utility pole treating facility in Sweetwater, Tennessee, to affiliates of Culpeper Wood Preservers. As part of Koppers previously announced strategy to optimize its network of operations, the company […]
West Fraser Hinton Pulp to Reduce Production Capacity
West Fraser Timber Co. Ltd. (“West Fraser” or the “Company”) announced today that it will permanently reduce capacity at its pulp mill in Hinton, Alberta (“Hinton Pulp”) by the end of this year. One of Hinton Pulp’s two production lines will shut, and the remaining line will produce Unbleached Kraft Pulp (“UKP”) rather than Northern […]
Bliffert Lumber Powers Up with Solar
Bliffert Lumber & Hardware partnered with Arch Solar to install a solar array at its Chambers Street, Milwaukee location in January of 2022. The first full month of solar energy production in March exceeded expectations with a calculated environmental benefit of 9,606.11lb CO2 Emission saved or the equivalent 72.58 trees planted. Arch Solar designed a […]
7 Reasons Leaders Fail: #6- Failure to Change
No business leader needs to be told that resistance to change can be the death of a company. Inflexibility, an unwillingness to respond to changing market conditions, and the inability to evolve and grow with the changing needs of customers can be fatal. But the same applies to people in leadership: a failure to evolve, […]
Hardwoods Specialty Products Rebrands: New Logo, Tagline, and Website
Hardwoods Specialty Products introduces a new logo/brand identity and with it an innovative new website. The contemporized branding pays homage to the company’s 90- year heritage while lighting a path for the next phase of its dynamic growth as one of the largest suppliers of architectural and decorative materials in North America. The refreshed color […]
Wabash Releases Third Annual Corporate Responsibility Report and CEO’s Letter to Stockholders
Wabash, the visionary leader of connected solutions for the transportation, logistics and distribution industries, today published its third annual Corporate Responsibility Report and, separately, President and Chief Executive Officer Brent Yeagy’s annual letter to stockholders. The company’s 2021 Corporate Responsibility Report provides an overview and assessment of the ongoing environmental, social and governance (ESG) initiatives that demonstrate Wabash’s […]
US LBM Acquires Truss Manufacturer and Supplier Crown Components
US LBM, a leading distributor of specialty building materials in the United States, has acquired Crown Components, a manufacturer and supplier of structural roof and floor trusses in the metropolitan Phoenix area. Founded in 2014, Crown Components serves framing and building contractors for residential, multi-family and light commercial projects. Crown Components manufactures all types of […]