Recently, Poundstretcher Zambia LTD (Poundstretcher) celebrated the Grand Opening and Ribbon Cutting of its new 900 sq. m. Ashley Furniture HomeStore showroom located on Builders Depot Unit 40, Leopards Hill Road, Lusaka, Zambia 30913. Specials guests included Ashley Furniture Industries representatives Mark Marais and Neil Chahwanda who joined Poundstretcher leadership and employees at the event. […]
1847 Holdings LLC Announces $11.42 Million Private Placement to Fund the Planned Acquisition of a Millwork, Cabinetry, and Door Manufacturer
1847 Holdings LLC (“1847 Holdings” or the “Company”), a holding company specializing in identifying over-looked, deep value investment opportunities in middle market businesses, announced a private placement for gross proceeds of $11.42 million, prior to deducting placement agent fees and other expenses payable by the Company. The proceeds from the private placement are exclusively intended […]
Freddie Mac: Mortgage Rates Continue to Drop
Freddie Mac released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.60 percent. “The 30-year fixed-rate mortgage decreased for the third consecutive week,” said Sam Khater, Freddie Mac’s Chief Economist. “The combination of mortgage rate declines, firm consumer income growth and a bullish stock market have increased homebuyer demand in […]
Wabash Announces 2026 Model Year DuraPlate Dry Van
Wabash, the visionary leader of connected solutions for the transportation, logistics and distribution industries, announced the 2026 model year DuraPlate® Dry Van featuring enhancements that elevate performance and value. One of the key new features of the 2026 Wabash DuraPlate Dry Van is the Webb Vortex Drum with Wear Indicator (WI), designed to improve brake performance and extend […]
Statistics Canada: Building Permits, October 2024
The total value of building permits issued in Canada decreased by $399.1 million (-3.1%) to $12.6 billion in October. This comes on the heels of a strong September, during which construction intentions rose by $1.3 billion to the second-highest level in the series. Despite the monthly decline in October, the total value of building permits was the fourth-highest […]
CMC Publishes 2024 Sustainability Report
Commercial Metals Company published its sustainability report for 2024, showcasing the company’s industry-leading environmental performance. 2024 marks the tenth year of sustainability reporting for the Company. The document, which can be found on CMC’s sustainability website (https://esg.cmc.com/), includes progress updates regarding the environmental goals that were established in the Company’s 2019 / 2020 report. “The 2024 report […]
Sveaskog Sells its Shareholding in Setra Group to Mellanskog
Sveaskog and Mellanskog publish a declaration of intent, regarding the sale of Sveaskog’s holdings in Setra Group AB to Mellanskog. The change in ownership is planned to take place in the first quarter of 2025. The limited company Setra Group is 50 percent owned by Sveaskog and 49.5 percent by the forest owners association Mellanskog. […]
Quanex Building Products Announces Fourth Quarter and Full Year 2024 Results
Contribution from Tyman Acquisition Boosts Results Margin Expansion Realized on Consolidated Basis for Full Year $53.75 Million of Debt Repaid Since Closing Tyman Acquisition Integration of Transformative Acquisition Progressing Ahead of Schedule Realization of Synergies Ongoing Quanex Building Products Corporation (“Quanex” or the “Company”) announced its results for the three months and twelve months ended October 31, 2024. […]
MillerKnoll is the First Office Furniture Manufacturer to Announce Elimination of PFAS from North American Brand Portfolio of Products
Building on recent Chemical Footprint Project recognition and legacy as a safe chemistry leader MillerKnoll, a global design leader, announces that from May 2025 all North American products from the collective of brands will be free of any added per- and poly- fluoroalkyl substances (“PFAS”) ¹, making MillerKnoll the first office furniture manufacturer to make this commitment. PFAS […]
CN Recognizes Customers, Suppliers and Supply Chain Partners for their Leadership in Sustainability
CN announced the recognition of 73 of its customers, suppliers and supply chain partners, for their leadership and commitment to sustainability. Through CN’s EcoConnexions Partnership Program, the Company is celebrating businesses dedicated to building a more sustainable future by supporting climate action, reducing their environmental impact, promoting biodiversity and implementing more sustainable and ethical business […]