Ethan Allen Interiors Inc. (“Ethan Allen” or the “Company”) announced the promotion of key leaders. Corey Whitely has been promoted to the position of Executive Vice President, Operations and will be responsible for the Company’s operations including manufacturing, logistics and technology. Mr. Whitely joined the Company in 1988. Amy Franks, associated with the Company for […]
Flexsteel Industries, Inc. Provides Business Update for Fiscal Second Quarter 2022
Flexsteel Industries, Inc. (“Flexsteel” or the “Company”), one of the largest manufacturers, importers and online marketers of furniture products in the United States, today provided several updates on recent business conditions impacting its fiscal 2022 second quarter. Specifically, the Company is anticipating strong sales performance and is increasing the mid-point of its previous revenue guidance […]
Richards Building Supply Expands With Acquisition in Ohio
Homer Glen, IL, Richards Building Supply Co., and SIBCO Building Products announced the agreement to purchase Dayton, OH-based SIBCO by Richards Building Supply. Ronald M. Guzior, CEO and President, stated, “SIBCO was a natural choice for the addition to our portfolio with their commitment to service and family values.” Guzior added, “We want to thank […]
International Paper to Build State-of-the-Art Corrugated Packaging Plant in Atglen, Pennsylvania
International Paper announced it will build a state-of-the-art corrugated packaging plant in Atglen, Pennsylvania. The facility will employ approximately 150 team members. “We are excited to expand our footprint and continue serving our customers with the highest level of safety, quality, operational excellence and customer service,” said Greg Wanta, senior vice president, North American Container. […]
Lowe’s Provides Fiscal 2022 Financial Outlook
Lowe’s Companies, Inc. (NYSE: LOW) is hosting its 2022 Financial Outlook webcast today. Today’s presentations include the company’s priorities for 2022 with a focus on its Total Home Strategy aimed at taking market share, driving productivity, and providing an integrated omni-channel shopping experience. Additionally, the company plans to review its 2022 financial outlook and capital […]
Kamps, Inc. Acquires Tritz Pallet, Inc.
Kamps, Inc. (“Kamps”, “Company”), one of the nation’s largest pallet recyclers, is pleased to announce that on December 13th it acquired Tritz Pallet, Inc. (“Tritz”). Tritz is a pallet recycler and full-service pallet solutions provider with seven asset-based locations across the Plains region. The acquisition of Tritz expands Kamps’ physical footprint, and builds upon the […]
PPG Appoints New Chief Operating Officer
PPG announced the appointment of Tim Knavish, executive vice president, as chief operating officer, effective March 1, 2022. Knavish will have executive oversight responsibility for all of PPG’s strategic business units and operating regions and for the information technology (“IT”), environment, health and safety (“EH&S”), and procurement functions. He will remain based at PPG’s global […]
Mortgage Applications Decrease in December 15th MBA Weekly Survey
Mortgage applications decreased 4.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending December 10, 2021. The Market Composite Index, a measure of mortgage loan application volume, decreased 4.0 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, […]
Madison’s Reporter: Current Lumber Price Trendline Matches 2020
The extent of damage to transportation infrastructure and supply chain in southern British Columbia following the massive flooding in November is now known. After closing down two times, the Port of Vancouver is now fully re-open, as both railways are running again. The Canadian Pacific and Canadian National railways are sharing the one repaired rail […]
Canfor Calls on BC Government to Rethink Old Growth Deferral Process
Canfor Corporation (“Canfor”) is issuing an open letter from Don Kayne, President and CEO, calling for an approach to the management of British Columbia’s old growth forests that is based on the facts of sound science and Indigenous traditional knowledge and a collaborative process that includes broad representation. “We can choose a path that brings […]