Canfor Corporation is excited to announce it will invest approximately $160 million USD to build a new, state-of-the-art sawmill near DeRidder, Louisiana. The Company is pleased to be receiving significant state and local incentives in support of the project. The facility will have an annual production capacity of 250 million board feet on a two-shift […]
Katerra Commences U.S. Court-Supervised Process to Implement Financial Restructuring
Katerra, a technology-enabled construction company, announced today that the company and certain of its U.S. and Cayman Island entities have voluntarily filed for relief under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the Southern District of Texas, as the company takes steps to conduct a marketing and sale […]
Do it Best Corp. Announces Team Hires and Promotions
Do it Best Corp. is pleased to announce the following additions to its world headquarters team in Fort Wayne, Indiana. Josh Bright as an IT Security Analyst Lauren Buchanan as a Communications Specialist Trent Emerick as an EDI Administrator Michael Filosa as a Demand Forecasting Analyst Justin Gephart as a Communications Intern Rachel Hayre-Edwards as […]
Bliffert Lumber & Hardware Hires Stelios Fakiroglou Commercial Architectural Consultant
Bliffert Lumber and Hardware is proud to announce the hiring of Stelios Fakiroglou as the organizations Commercial Architectural Consultant and Outside Sales. Stelios brings more than 30 years’ experience helping architectural and contracting firms successfully design and install fenestration products, which are visible though many completed commercial and historic projects throughout the city of Milwaukee. […]
Kamps, Inc. Signs Agreement to Acquire Buckeye Diamond Logistics, Inc. and its Subsidiaries
Kamps, Inc. (“Kamps”), one of the nation’s largest pallet recyclers, is pleased to announce that on June 2, 2021 it signed a definitive purchase agreement to acquire Buckeye Diamond Logistics, Inc. ( “BDL” or the “Company”) and its subsidiaries. The transaction is subject to customary closing conditions and is expected to close at the end […]
Hunter Douglas Offer Price Increase Not Permitted
Hunter Douglas N.V. (“Hunter Douglas”) reacts to speculation in the Dutch press that Bergson Beheer B.V. (the “Offeror”) may increase the offer price of EUR 82 per common share (the “Offer”) and that the Offeror has insufficient shares to commence a squeeze-out proceeding. On 3 June 2021, the Offeror declared the Offer unconditional. As a […]
Accsys Technologies PLC Provides 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, announced an update regarding the status of construction of the new Tricoya® plant at Hull, UK by Tricoya UK Limited (‘Tricoya UK’), Accsys’s joint venture in relation to the Hull plant. As announced by the Company […]
Palmer-Donavin Names Tom Bartlett Vice President of Operations
Palmer-Donavin continues to build unity among divisions and names Tom Bartlett Vice President of Operations. Robyn Pollina, CEO of Palmer-Donavin shared, “The executive team has added Tom Bartlett to serve as our new Vice President of Operations, as we continue the journey of bringing our leadership team together as one. Our operations team is critical […]
Cornerstone Building Brands Announces Divestiture of its Insulated Metal Panels Business for $1 Billion, Accelerates Long-term Value Creation
Cornerstone Building Brands, Inc. (the “Company”), the largest manufacturer of exterior building products in North America, announced that it has entered into a definitive agreement to sell its Insulated Metal Panels (“IMP”) business to Nucor Insulated Panel Group Inc and certain of its subsidiaries (collectively, “Nucor”) in a cash transaction for $1 billion. The transaction […]
Tempur Sealy Expands U.S. Manufacturing Capacity
Tempur Sealy International, Inc. (“Tempur Sealy” or the “Company”) announced that it has selected Crawfordsville, Indiana as the site for its previously-announced third domestic foam-pouring plant. The new state-of-the-art plant is expected to be the largest Tempur Sealy manufacturing facility in the world and will be located in Crawfordsville, Indiana. Subject to closing conditions, the […]