The total value of building permits decreased 1.9% to $11.2 billion in December. Declines were reported in both the residential and non-residential sectors. On a constant dollar basis (2012=100) the total value of building permits decreased 3.1%. Residential sector pulls back slightly following strong month The total value of residential permits decreased 2.7% to $7.7 […]
GreenFirst Opens New Office in North Bay
GreenFirst Forest Products Inc. (“GreenFirst”) is proud to announce that it has opened an administration office in North Bay, Ontario to support the continued rapid growth of the Company. North Bay offers a cost competitive business environment, a highly skilled workforce, and is in proximity to our mills. The new office is located downtown North […]
Skyline Champion Announces Third Quarter Fiscal 2022 Results
Skyline Champion Corporation (“Skyline Champion”) announced financial results for its third quarter ended January 1, 2022 for the fiscal year ending April 2, 2022 (“fiscal 2022”). Third Quarter Fiscal 2022 Highlights (compared to Third Quarter Fiscal 2021) Net sales increased 41.6% to $534.7 million U.S. factory-built homes sold increased 9.2% to 5,832 Total backlog increased […]
Central Garden & Pet Announces Q1 Fiscal 2022 Results
Central Garden & Pet Company (“Central”), a market leader in the garden and pet industries, today announced financial results for its fiscal 2022 first quarter ended December 25, 2021. “We delivered another solid quarter thanks to continued demand for our Pet and Garden brands and the perseverance of our employees,” said Tim Cofer, CEO of […]
Mortgage Applications Increase in February 2nd MBA Weekly Survey
Mortgage applications increased 12.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 28, 2022. The Market Composite Index, a measure of mortgage loan application volume, increased 12.0 percent on a seasonally adjusted basis from one week earlier. On an unadjusted […]
Madison’s Reporter: Lumber Prices Crest as Supply Remains Tight
It might be that the North American construction framing dimension softwood lumber market has found equilibrium. At least for the time being. While inquiry and demand for wood remained strong, many lumber commodity prices seem to be levelling off. Of course, this is at higher levels than prior to two years ago. However, as mentioned […]
Fortune Brands Reports Strong Sales, Profit and EPS Growth in 4Q and Full Year 2021
Fortune Brands Home & Security, Inc. (the “Company”, or “Fortune Brands”), an industry-leading home and security products company, today announced fourth quarter and full-year 2021 results. 4Q and Full-Year 2021 sales increased 18 percent and 26 percent year-over-year, respectively, to $2.0 billion and $7.7 billion 4Q and Full-Year 2021 EPS increased to $1.28 and $5.54; […]
Wabash Reveals New Branding, Website as Company Prepares for Next Phase of Growth
Wabash, the visionary leader of engineered solutions for the transportation, logistics and distribution industries, today announced it has rebranded the corporation and its portfolio of brands under one, powerful Wabash brand that unites the company’s products and services, employees, customers and business partners. Wabash will no longer go to market as Wabash National® or with […]
Wabash Announces Fourth Quarter and Full Year 2021 Results
Wabash, the innovation leader of engineered solutions for the transportation, logistics and distribution industries, today reported results for the quarter and full year ended December 31, 2021. Record backlog of $2.5 billion up 31% sequentially and 70% year-over-year Fourth quarter revenue of $479.3 million Fourth quarter GAAP operating loss of $(18.6) million or operating income […]
PPG Announces Leadership Appointments
PPG announced the following leadership appointments for its architectural coatings and traffic solutions businesses, effective March 1, 2022: Henrik Bergström, currently PPG vice president, architectural coatings, Latin America and president, PPG Comex, will become vice president, architectural coatings, Latin America, EMEA (Europe, Middle East and Africa) and ANZ (Australia and New Zealand). In this role, […]