Paul David Williams was born on June 2, 1946 in Gilmer, Texas to Don and Mattie Ruth Stropp Williams and passed away on Monday, May 24, 2021 in Longview, Texas. Mr. Williams graduated from Gilmer High School and Stephen F. Austin University. He was preceded in death by his parents and brother, Steve Williams. Paul […]
NAHB: Construction Self-Employment Rates at Record Low
The current construction self-employment rate is now the lowest on record, according to the 2019 American Community Survey. Today, 22% (2.4 million) of construction workers are self-employed, down from a record high of more than 26% in 2010. One of the factors behind the recently falling construction self-employment rates is business cycle effects. The analysis […]
Builders FirstSource Announces Definitive Agreement to Acquire Alliance Portfolio of Businesses
Builders FirstSource, Inc. (“Builders FirstSource” or the “Company”), the nation’s premier supplier of building materials and services, today announced it has entered into a definitive agreement to acquire Cornerstone Building Alliance SW, LLC (“Alliance”), for approximately $400 million, subject to certain closing adjustments. Alliance is the largest independently operated supplier of building materials in Arizona, […]
Citi Retail Services and Tractor Supply Company Extend 20+ Year Credit Card Relationship
Tractor Supply Company, America’s largest operator of rural lifestyle retail stores, and Citi Retail Services, one of North America’s largest and most experienced retail credit solution providers, announced today a multi-year extension of their long-standing credit card relationship. The new agreement more closely aligns the two organizations in their desire to grow the program and […]
Graphic Packaging Holding Company Concludes Successful Partnership with International Paper
Graphic Packaging Holding Company, (the “Company” or “Graphic Packaging”) announced the conclusion of its successful partnership with International Paper Company. The final tranche of the membership interests held by International Paper in Graphic Packaging International Partners, LLC (the “Partnership”) were exchanged for an equivalent number of shares of Graphic Packaging common stock. As a result, […]
PPG Announces New Executive Appointments
PPG announced two executive appointments, effective July 1. Diane Kappas, current vice president, automotive OEM coatings, Americas, will become vice president, global sustainability. Andrew Carroll, current vice president, industrial coatings, Americas, will become vice president, automotive OEM coatings, Americas and mobility. Kappas will report to Amy Ericson, senior vice president, packaging coatings, and Carroll will […]
U.S. Lumber Coalition: U.S. Department of Commerce’s Continued Trade Enforcement Leads to Robust Domestic Lumber Industry Capacity Expansion
The U.S. Department of Commerce issued its preliminary determination in the second administrative review of softwood lumber imports from Canada, and once again confirmed that Canadian imports are heavily subsidized and dumped into the U.S. market by issuing a combined anti-subsidy and anti-dumping duty rate of 18.32%. “A level playing field is a critical element […]
NAHB: Move to Double Lumber Tariffs Shows White House Does Not Care About Housing Affordability
NAHB Chairman Chuck Fowke issued the following statement following the U.S. Commerce Department’s desire to double lumber tariffs on Canadian lumber shipments into the U.S from 9% to 18.32%: “At a time when soaring lumber prices have added nearly $36,000 to the price of a new home and priced millions of middle class households out […]
Bergson Increases Hunter Douglas Offer Price
Bergson Beheer B.V. (the “Offeror”) and Hunter Douglas N.V. (“Hunter Douglas”) jointly announce an increase in the offer price from EUR 64 in cash per share (cum dividend) to EUR 82 in cash per share (cum dividend) on the same other terms as set out in the Offer Memorandum published on 6 April 2021 (the […]
Pallet Shortage Impacts Produce Industry Supply Chain
The escalating price of lumber is front page news when it comes to home building and renovation. But limited supply and skyrocketing lumber prices is impacting a host of industries, including the fresh fruit and vegetable industry. With lumber prices many times higher than a year ago, wood pallets are more expensive and harder to […]