The construction industry added 11,000 jobs in April, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has grown by 143,000 jobs, an increase of 1.7%. Nonresidential construction employment increased by 8,000 positions on net, with growth in 2 […]
Westlake Corporation Reports First Quarter 2025 Results
Westlake Corporation (the “Company” or “Westlake”) announced first quarter 2025 results. Business Highlights In the first quarter of 2025, Westlake reported net sales of $2.8 billion, a net loss of $40 million and EBITDA (earnings before interest expense, income taxes, depreciation and amortization) of $288 million. Higher feedstock and energy costs in North America, planned […]
Georgia-Pacific to Close Emporia Plywood Facility
Employees at the Emporia Plywood mill in Emporia, Virginia, were told that Georgia-Pacific will permanently close the plant, effective today. Approximately 550 jobs will be impacted. Normal operations will cease today – and the site will be permanently closed on July 1. Georgia-Pacific will provide all affected employees with at least 60 days’ pay with […]
Stora Enso Completes the Acquisition of the Finnish Sawmill Company Junnikkala
Stora Enso has completed the acquisition of the Finnish sawmill company Junnikkala Oy, announced in October 2024. The acquired sawmills will be integrated with Stora Enso’s packaging board site in Oulu, Finland, and secure a cost-efficient wood supply to the site, where a new packaging board machine recently started ramping up production. The total enterprise […]
Mercer International Inc. Reports First Quarter 2025 Results
First quarter Operating EBITDA* of $47.1 million (net loss of $22.3 million) compared to $63.6 million (net loss of $16.7 million) in the same quarter of 2024 Continue to implement cost reduction and operational efficiency initiatives targeting approximately $100 million in savings by the end of 2026 The first quarter of 2025 included annual planned […]
Mead Family Cancer Center to Bring Advanced Cancer Care to Columbus Community Hospital
Transformational gift from the Mead family launches new 26,500-square-foot facility, set to open in 2026 Thanks to a gift from the Mead family, former owners of Mead Lumber and longtime champions of the Columbus community, the Columbus Community Hospital is proud to announce the official name of its new, state-of-the-art cancer care facility: the Mead […]
Graphic Packaging Holding Company Reports First Quarter 2025 Financial Results
Packaging volumes -1% in Americas, +3% in International Innovation Sales Growth of $44 million Announced closure of Middletown, Ohio recycled paperboard manufacturing facility Waco, Texas recycled paperboard investment on track for Q4 2025 startup Announced new $1.5 billion share repurchase authorization Graphic Packaging Holding Company (“Graphic Packaging” or the “Company”), a global leader in sustainable […]
A-1 Promotes Cindy Aptheker to Vice President of Human Resources and Legal
A-1 Global Holdings, Inc., a leading manufacturer of pre-engineered building components, is proud to announce the promotion of Cindy Aptheker, Esq., SHRM-CP, to Vice President of Human Resources and Legal. Cindy joined A-1 in December 2023 as Director of Human Resources, bringing over 17 years of experience in HR, specializing in risk management, legal compliance, […]
RONA Adds a Women’s Collection and New Spring Items for Men to the Tilley Tuff Workwear Line
The new spring collection is now available in several stores and online RONA Inc., a leading home improvement company in Canada, operating and servicing some 425 corporate and affiliated stores, announces several additions to its exclusive Tilley Tuff workwear line. The expanded line includes new spring products for men and, for the first time, a […]
Greif to Close Los Angeles Paperboard Mill
Greif, a global leader in industrial packaging products and services, announced it will permanently close the paperboard mill in Los Angeles, California as part of its previously announced optimization efforts. The Los Angeles mill is expected to cease operation in June 2025. The mill, which produces both coated recycled paperboard (“CRB”) and uncoated recycled paperboard (“URB”) is expected to remove […]