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Atlas Engineered Products Reports Record Q2 Revenue and Profits

Atlas Engineered Products (“AEP” or the “Company”) is pleased to announce its financial and operating results for the three and six months ended June 30, 2021. All amounts are presented in Canadian dollars. “These results are a culmination of hard work, perseverance, and focus by the entire AEP team to deal with all the recent […]

Tricoya Plant Construction Update

Accsys, the fast-growing and eco-friendly company that combines chemistry and technology to create high performance, sustainable wood building products, today announces an update regarding the final stages of construction towards commercial operation of the new Tricoya® plant in Hull, UK, by Tricoya UK Limited (“Tricoya UK”), Accsys’ joint venture in relation to the Hull plant. […]

Cornerstone Building Brands Completes Acquisition of Cascade Windows, Deepens Residential Product Offering

Cornerstone Building Brands, Inc. (the “Company”), the largest manufacturer of exterior building products in North America, announced today that it has completed its acquisition of Cascade Windows (“Cascade”) for a cash purchase price of approximately $245 million, subject to customary adjustments. Cascade is a leading independent manufacturer of energy-efficient vinyl windows and doors serving the […]

Humboldt Sawmill and Allweather Wood Expand International Sales Opportunities

Effective August 11, 2021, Aspen Pacific Industries is the exclusive International Sales Agent for Humboldt Sawmill and Allweather Wood. Humboldt Sawmill, located in northern California, owns and operates three sawmills and 440,000 acres of redwood and Douglas-fir timberland. Allweather Wood is the leading manufacturer of preservative treated lumber in the western United States with annual […]

Conifex Temporarily Curtailing Mackenzie Lumber Production

Conifex Timber Inc. (“Conifex”) announced today that it has made the difficult decision to temporarily curtail lumber production at its Mackenzie, British Columbia sawmill for two weeks commencing August 23, 2021. “A combination of record high delivered log costs and the unprecedented collapse in lumber prices has necessitated a temporary curtailment for two weeks. We […]

NAHB: Multifamily Construction Sentiment Declines in Second Quarter

Confidence in the market for new multifamily housing decreased in the second quarter, according to results from the Multifamily Market Survey (“MMS”) released today by the National Association of Home Builders (“NAHB”). The MMS produces two separate indices. The Multifamily Production Index (“MPI”) dropped three points to 48 compared to the previous quarter. Meanwhile, the […]

Freddie Mac: Mortgage Rates Show Little Movement in August 19th Report

Freddie Mac released the results of its Primary Mortgage Market Survey® (“PMMS”®), showing that the 30-year fixed-rate mortgage (“FRM”) averaged 2.86 percent. “Mortgage rates stayed relatively flat this week,” said Sam Khater, Freddie Mac’s Chief Economist. “Housing is in a similar phase of the economic cycle as many other consumer goods. While there is strong latent […]

Tempur Sealy Announces Contract Extension With Mattress Firm Inc.

Tempur Sealy International, Inc. (“Tempur Sealy” or “the Company”) announced that it has signed a multi-year extension to its current supply agreement with Mattress Firm, Inc. (“Mattress Firm”), the largest specialty mattress retailer in the U.S. The new extension is on the same terms as the current agreement. Tempur Sealy entered into a mutually beneficial […]