The AZEK Company Inc. (“AZEK” or the “Company”), an industry-leading manufacturer of beautiful, low-maintenance and sustainable residential and commercial building products, has named Amanda Cimaglia as Vice President leading the Environmental, Social and Governance (“ESG”) function at the Company. In this role, Cimaglia will be responsible for continuing to drive the company-wide ESG strategy and […]
PBS Announces Steve Hansen as Executive Vice President of Purchasing
Professional Builders Supply (“PBS”) announced that Steve Hansen has been promoted to Executive Vice President of Purchasing. Steve joined the company in 2017 and quickly gained a strong working knowledge of the industry and the related supply channel. His experience, business acumen, integrity and tireless efforts have significantly enhanced our purchasing and procurement processes as well […]
Dexterra Group Inc. Announces Appointment of Executive Vice President, Legal and General Counsel
Dexterra Group Inc. (“Dexterra Group” or the “Corporation”) is pleased to announce the appointment of Christos Gazeas as Executive Vice President, Legal and General Counsel effective December 31, 2020. Christos has worked in private practice with both Stikeman Elliott LLP and Lang Michener LLP with a focus on mergers and acquisitions (“M&A”), corporate finance and […]
Conifex Provides Corporate Update
Conifex Timber Inc. (“Conifex”) provided an update to the resumption of operations at its power plant in Mackenzie, British Columbia. Conifex is working with its engineers and external power consultants on available options to resume operations at the power plant. Conifex currently expects to resume power generation before the end of January 2021. Conifex has […]
Georgia Pacific Announces Sale of Nonwovens Business to Glatfelter
Georgia-Pacific (“GP”) reached an agreement today to sell the company‘s nonwovens business to Glatfelter, a leading global supplier of engineered materials, headquartered in Charlotte, North Carolina, for $175 million. The sale must still go through customary closing conditions and regulatory clearances from competition authorities. The proposed transaction includes Georgia-Pacific’s nonwovens operations at Mt. Holly, North […]
Report: Fire Destroys Truss Manufacturing Plant at Allensville Planing Mill
According to local news reports, Allensville Planing Mill, Inc. (HQ: Allensville, PA), had a large fire break out on their site. The Sentinel reports that a fire broke out in the evening of Tuesday December 29th, 2020. The fire “destroyed the truss manufacturing plant” but “the store and other buildings within the complex remain operational.” Further details can be […]
Allegion Accelerates Vision of Seamless Access with Acquisition of Technology Company Yonomi
Allegion plc (NYSE: ALLE), a leading global security products and solutions provider, has acquired privately held technology company Yonomi. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210106005285/en/ Yonomi is an innovation leader in IoT Cloud platforms. Founded in 2013 by building automation and enterprise Cloud computing experts, Yonomi was the first to create an […]
Mortgage Applications Decrease Over Two-Week Period in January 6th MBA Weekly Survey
Mortgage applications decreased 4.2 percent from two weeks earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 1, 2021. The results include adjustments to account for the holidays. The Market Composite Index, a measure of mortgage loan application volume, decreased 4.2 percent on a seasonally adjusted basis […]
Curtis Lumber Co., Inc., to Acquire Wiley Bros., Inc.
Curtis Lumber is excited to announce the acquisition of Wiley Brothers at 1854 NY Route 40 in Schaghticoke, New York. Through Wiley Brothers’ 75-year history, they have been a family-owned, quality lumber yard and home improvement store very similar to Curtis Lumber. Moving forward, the store location will carry Curtis Lumber’s premium products, superior hardware […]
How to recognize the signs of a failing business
Any business can suddenly hit a bad stretch, but when do these hiccups bear closer scrutiny? When is it time to seek help? Here’s how to identify when your company is in trouble and how to recover before it’s too late. WINNERS AND LOSERS Everyone knows that businesses can fail, from the smallest startups to […]