This year marks the 65th anniversary of the founding of Tolko. Our story began in Lavington in 1956 with the Lavington Planer Mill and has grown many folds since then. To help celebrate our anniversary, we have an article that looks back with Al, John, and Brad Thorlakson. We’ll also be posting an anniversary video next week […]
ECMD, Inc. Announces New Executive Vice President
North Wilkesboro-based ECMD, Inc. has announced that the Board of Directors of ECMD, Inc. has approved the promotion of Kelly Hendrix to Executive Vice President. In this newly created role, Mr. Hendrix will be responsible for all of ECMD’s pro dealer operating companies including Klumb Forest Products, East Coast Mouldings, Crown Heritage Stair Parts and […]
Ace Hardware Reports Second Quarter 2021 Results
Ace Hardware Corporation (“Ace” or the “Company”) reported record second quarter 2021 revenues of $2.5 billion, an increase of $187.8 million, or 8.2 percent, from the second quarter of 2020. Net income was $116.0 million for the second quarter of 2021, a decrease of $22.9 million from the second quarter of 2020. The decrease in […]
U.S. Census Bureau: Monthly New Residential Construction, July 2021
The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential construction statistics for July 2021: Building Permits Privately-owned housing units authorized by building permits in July were at a seasonally adjusted annual rate of 1,635,000. This is 2.6 percent (±0.9 percent) above the revised June rate […]
Skyline Champion Corporation Honored as Industry Leader With Three Manufactured Housing Institute Excellence in Home Design Awards
The Manufactured Housing Institute (“MHI”) recognized Skyline Champion as an industry leader with three 2021 MHI Excellence in Manufactured and Modular Home Design awards. These awards demonstrate excellence in design, quality, and innovation across Skyline Champion’s portfolio of brands. “Delivering great homes, and a great experience for our customers are core to our operating principles, […]
Beacon Strengthens Governance, Shifts Fiscal Year End
Beacon (the “Company”) announced that its Board of Directors approved updates to the Nominating and Governance Committee (“NGC”) Charter and membership, as well as a change to the Company’s fiscal year end. The NGC Charter was updated to explicitly state the committee’s role overseeing governance of the Company’s corporate social responsibility, safety, and environmental practices. […]
Weston Wood Solutions Announces New President & Alan Lechem Promoted to CEO
Weston Wood Solutions is pleased to announce the appointment of Agostino Nigro as the company’s president, effective August 9th. Agostino holds a degree in Industrial Engineering and complements Weston’s team with his extensive experience in the Supply, Logistics, and Operations, having worked in progressive leadership and executive roles in major national retail chains, and most […]
Lowe’s Reports Second Quarter 2021 Sales and Earnings Results
Lowe’s Companies, Inc. (“Lowe’s” or the “Company”) reported net earnings of $3.0 billion and diluted earnings per share (“EPS”) of $4.25 for the quarter ended July 30, 2021 compared to net earnings of $2.8 billion and diluted EPS of $3.74 in the second quarter of 2020. Excluding charges in the prior-year period related to the […]
Mortgage Applications Decrease in August 18th MBA Weekly Survey
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PENCIL Foundation Honors LP Building Solutions With 2021 Ingram Award
LP Building Solutions (“LP”), a leading manufacturer of high-performance building products, has been chosen as the 2021 recipient of the PENCIL Foundation’s prestigious Ingram Award. PENCIL (Public Education Needs Community Involvement & Leadership) is the premier nonprofit organization linking community resources to Nashville public schools. The Ingram Award is given each year to a community […]