McCoy’s Building Supply in Liberty Hill, TX, located at 2505 Highway 1869 opened on June 7. The new store features 15,000 square feet of inside retail space and a paved, drive-thru lumberyard. Store hours are Monday through Friday from 7am to 7pm and Saturday from 7am to 5pm. The store is closed on Sundays to […]
PotlatchDeltic Reports Fire Damage at Ola, Arkansas Sawmill
PotlatchDeltic Corporation confirmed that a fire occurred at its Ola, Arkansas sawmill on the morning of Sunday June 13. The Ola and Galla Rock Fire Departments responded quickly and brought the fire under control. There were no injuries reported from the fire or environmental issues. The damage was principally to the primary log breakdown area […]
ABC Member Testifies to Congress: President Biden’s Infrastructure Plan Would Devastate Small Business
On June 4, 2021, Annie Mecias-Murphy, co-owner and president of Associated Builders and Contractors member JA&M Developing Corp., headquartered in Pembroke Pines, Florida, testified before the U.S. House of Representatives Small Business Committee Subcommittee on Contracting and Infrastructure on the negative impacts that the Biden administration’s infrastructure plan would have on small business contractors. Mecias-Murphy […]
Freddie Mac: Mortgage Rates Move Slightly in June 10th Report
Freddie Mac released the results of its Primary Mortgage Market Survey® (“PMMS”®), showing that the 30-year fixed-rate mortgage (“FRM”) averaged 2.96 percent. “The economy is recovering remarkably fast and as pandemic restrictions continue to lift, economic growth will remain strong over the coming months,” said Sam Khater, Freddie Mac’s Chief Economist. “Despite the stronger economy, the […]
PGT Innovations Welcomes Ryan S. Quinn as New General Counsel
PGT Innovations, a national leader in the premium window and door category, recently named Ryan S. Quinn as the new in-house General Counsel. Quinn brings more than 12 years of experience representing and advising a variety of clients in corporate law and most recently served as Senior Vice President, Co-General Counsel and Secretary for LendingTree, […]
NAHB: EPA Seeks to Revise Definition of Waters of the U.S.
The U.S. Environmental Protection Agency (“EPA”) and Department of the Army (the agencies) have announced their intent to revise the definition of “waters of the United States” (“WOTUS”). EPA Administrator Michael Regan says that the Navigable Waters Protection Rule (“NWPR”) enacted during the Trump administration to define WOTUS “is leading to significant environmental degradation.” Despite yesterday’s announcement […]
Stora Enso Joins WWF’s Forests Forward Impact Platform
Stora Enso has joined the new WWF platform, Forests Forward. The platform engages businesses and investors to deliver on forest related sustainability ambitions, such as biodiversity protection and forest restoration. As participants in Forests Forward, companies commit to engaging in areas such as sustainable forest management and trade, better silviculture, reforestation and ecosystem restoration, and […]
PPG Completes its Acquisition of Tikkurila, a Leading Nordic Paint and Coatings Company
PPG announced that it has completed its acquisition of all of the shares of Tikkurila tendered into PPG’s tender offer as of the expiration of the offer on June 4, 2021. Tikkurila shareholders received €34.00 in cash for each of the 38,711,646 million shares of Tikkurila tendered. Together with the shares it previously acquired, PPG […]
Resolute Announces $50 million in Lumber Investments
Resolute Forest Products Inc. declared a special cash dividend of $1.00 per share of common stock, payable on July 7 for holders of record at the close of business on June 28. The company also announced additional capital investments of $50 million in its wood products operations to support its continued growth, and it confirmed […]
Verso Corporation Launches All-New Website
Verso Corporation (“Verso”) announced the launch of its redesigned website, featuring all-new content that covers numerous topics and areas of interest, from its library of paper promotions to sustainability information and much more. “At Verso, we saw an opportunity to create a more impactful online presence that’s better aligned with our industry leadership and innovative, […]