The Softwood Lumber Board (“SLB”) is pleased to announce the signing of a Memorandum of Understanding (“MOU”) that builds upon the existing collaborative relationship between the SLB and the U.S. Department of Agriculture (“USDA”). Under the MOU and effective immediately, the SLB and USDA expand a public-private partnership that seeks to grow demand for wood […]
NAR: Student Loan Debt Holding Back Majority of Millennials from Homeownership
Sixty percent of non-homeowning millennials say student loan debt is delaying their ability to buy a home, by far the most affected population, according to a new poll released today by the National Association of Realtors® (“NAR”). The findings also show that Americans burdened with high student debt see the impact on their daily lives. […]
Toll Brothers Announces Promotion of Robert Parahus to President & Chief Operating Officer
Toll Brothers, Inc. (the “Company”), the nation’s leading builder of luxury homes, today announced that Robert Parahus, 58, current Executive Vice President and Co-Chief Operating Officer, has been promoted to the position of President and Chief Operating Officer effective November 1, 2021. In this role, Parahus will oversee the Company’s homebuilding operations nationwide. James W. […]
Duncan K. Davies Named Chairman of the Board of Resolute
Resolute Forest Products Inc. (“Resolute”) announced that the board of directors appointed, effective today, Duncan K. Davies as an additional member of the company’s board, and that Mr. Davies will succeed Bradley P. Martin as the company’s non-executive chairman. Mr. Martin of Fairfax Financial Holdings Limited will continue to serve as vice chairman of Resolute’s […]
AHEC and Wallpaper* Present Discovered – a Showcase of Emerging International Talent
This September, the Design Museum plays host to a global showcase of the next generation of design talent. Bringing together 20 emerging designers from 16 countries, Discovered presents a visionary group of young creatives from across Europe, Africa, Asia and Australasia in an extraordinary showcase of furniture, objects and sculptural works in wood. A collaboration […]
Canadian Pacific Offer for KCS Declared “Company Superior Proposal” by KCS Board
Canadian Pacific Railway Limited (“CP”) announced that it has completed negotiations of a proposed merger agreement with Kansas City Southern (“KCS”), which the KCS Board of Directors has deemed a “Company Superior Proposal.” CP stands ready to execute a definitive merger agreement to create the first U.S.-Mexico-Canada railway to enhance competition in the North American […]
Timber Allocation Approved For Big River Sawmill
Today, the Government of Saskatchewan announced the approval of a timber allocation to support increased lumber production at the Carrier Forest Products sawmill in Big River. “This increase in production will bring the Carrier sawmill closer to capacity and is expected to create important new jobs,” Energy and Resources Minister Bronwyn Eyre said. “This is […]
Obituary: Joseph Berry Kelly
Joe Kelly of Mobile passed away on September 1, 2021. Joe was devoted to our Lord, his family and PJ Lumber Company. A faithful husband to Madelyn for 49 years, caring and generous Dad, and really fun Pop, his legacy of strength of character, work ethic, and generosity will live in his family forever. From […]
Timber Allocations Approved For Major Sawmill Expansion In Northeast Saskatchewan
Today, the Government of Saskatchewan announced the approval of timber allocations to support the proposed expansion of the Dunkley Lumber sawmill in Carrot River. “It’s been a great week for the forestry sector in our province,” Energy and Resources Minister Bronwyn Eyre said. “Dunkley’s Carrot River mill expansion will lead to significant growth in lumber […]
Floor & Decor Launches the Grand Opening of its Naples, Florida
Floor & Decor, a leading specialty retailer of hard-surface flooring, will expand its nationwide footprint when it opens the doors to its newest location in Naples, Florida on September 17, 2021. The 79,000 square-foot Floor & Decor warehouse store and design center will open with a team of about 50 full-time and part-time associates led […]