Associated Builders and Contractors reports today that its Construction Backlog Indicator rose to 8.4 months in November, according to an ABC member survey conducted Nov. 19 to Dec. 3. The reading is up 0.3 months from October 2021 and 1.2 months from November 2020. ABC’s Construction Confidence Index readings for sales, profit margins and staffing […]
Tractor Supply Releases 2020 Task Force on Climate-Related Financial Disclosures Report
Tractor Supply Company, the largest rural lifestyle retailer in the United States, released its 2020 Task Force on Climate-Related Financial Disclosures (TCFD) Report, furthering its commitment to Environmental, Social and Governance (ESG) progress and transparency. “At Tractor Supply, we have made significant progress integrating climate-related risk awareness into our business activities and overall strategy, corporate […]
Cook & Boardman Acquires 3Sixty Integrated
The Cook & Boardman Group LLC (“Cook & Boardman” or “C&B”), the leading specialty distributor of commercial door entry solutions and systems integration services has announced the acquisition of San Antonio, TX-based 3Sixty Integrated (“3Sixty”). Terms of the transaction were not disclosed. Founded in 2002 by Joseph Ndesandjo, 3Sixty is an enterprise security and systems […]
Canadian Pacific and Kansas City Southern Close Into Voting Trust
Canadian Pacific Railway Limited (“CP”) today announced the completion of its acquisition of Kansas City Southern (NYSE: KSU) (“KCS”). The transaction represents an enterprise value of approximately US$31 billion. KCS stockholders will receive 2.884 CP common shares and US$90 in cash for each share of KCS common stock held and US$37.50 in cash for each […]
LL Flooring Opens New Stores in Visalia, California, and Yakima, Washington
LL Flooring, formerly Lumber Liquidators, one of the nation’s largest specialty retailers of high-quality, hard-surface flooring that is dedicated to providing the best customer experience from inspiration to installation, announced the opening of new stores in Visalia, California and Yakima, Washington. With the addition of these two new stores, LL Flooring has opened a total […]
Fortune Brands Names New Senior Vice President, General Counsel and Corporate Secretary
Fortune Brands Home & Security, Inc. (“Fortune Brands”), an industry-leading home and security products company, today announced Hiranda Donoghue was appointed by the Board of Directors to serve as senior vice president, general counsel and corporate secretary. Donoghue will oversee global legal operations, corporate governance and compliance. As a member of Fortune Brands’ executive committee, […]
Kodiak Building Partners Acquires Shepley Wood Products
Tony Shepley, owner and president of Shepley Wood Products, and Kodiak Building Partners announced today the acquisition of Shepley Wood Products, effective December 10, 2021. Shepley was founded in 1978 and has become the premier provider of all products and services needed by professional builders, architects, designers, and homeowners in Southeastern Massachusetts. Tony Shepley will […]
Russin Adds Rodriguez and Carney to Outside Sales Team
Russin has announced the hire of Kimberley Rodriguez and Brendan Carney to the company’s outside sales team. These hires increase the head count of Russin’s sales force and will enable even deeper penetration to already growing markets. Rodriguez comes to Russin after a varied career with a major building supply dealer, filling many roles and […]
PPG Appoints Brian Williams as Vice President and Controller
PPG announced the appointment of Brian Williams, currently acting controller, as vice president and controller, effective immediately. Williams will have direct responsibility for PPG’s controllership function, including financial accounting and reporting, along with accounting policy and control. Williams will report directly to Vince Morales, PPG senior vice president and chief financial officer. Since joining PPG […]
Changes in Ahlstrom-Munksjo’s Executive Management Team
Mark Ushpol has been appointed Executive Vice President of the Food Packaging & Technical Solutions business area and a member of the Group Executive Management team as of January 1, 2022. Mark has more than twenty years of experience in the paper and packaging industry and was most recently managing director for DS Smith North […]