Leading high-growth retailer specializing in hard-surface flooring offers homeowners and professionals the industry’s broadest in-stock selection of tile, natural wood, natural stone and more celebrates its first warehouse location in Pensacola, Florida Floor & Decor, the leading specialty retailer of hard-surface flooring for homeowners and professionals, has opened its first Pensacola location at 7171 North […]
RONA+ Increases its Presence in Quebec
15 RONA superstores will be converted to the RONA+ brand RONA Inc., a leader in the Canadian home improvement sector operating and servicing some 425 corporate and affiliated stores, announces the conversion of 15 big-box stores to the RONA+ banner, which will take place in May 2025. The company is continuing to reposition the RONA brand, […]
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 5.4 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending December 6, 2024. Last week’s results included an adjustment for the Thanksgiving Holiday. The Market Composite Index, a measure of mortgage loan application volume, increased 5.4 percent on a seasonally […]
Arbor Wood Co. Enters into Agreement with Jartek to Purchase 3 Million Board-Feet Thermokiln
Purchase Kicks Off Phased Expansion to Meet Increasing Customer Demand Arbor Wood Co., a leading US manufacturer of high-quality thermally modified wood products, is pleased to announce it has entered into an agreement to purchase a new thermokiln from Finland-based Jartek, a leading global manufacturer of wood thermal modification technology. Arbor Wood Co.’s annual production […]
Trex Expands Distribution with International Wood Products, Strengthening Presence in Northern California and Northern Nevada
Trex Company, Inc., the world’s largest manufacturer of wood-alternative decking and residential railing products, announces the expansion of its relationship with building materials distributor International Wood Products, LLC (IWP). As part of this strategic move, IWP will exclusively stock Trex® decking and railing at all five of its distribution facilities in the Western United States, including their Cloverdale, California location. This significant expansion […]
OmniMax International, LLC Acquires Millennium Metals, LLC.
OmniMax International (“OmniMax”, or the “Company”) has acquired Millennium Metals, LLC. (“Millennium”). Millennium is a leading manufacturer of roofing accessories, headquartered in Jacksonville, Florida. The combined companies will greatly benefit customers of both firms, providing a more extensive product portfolio and a best-in-class service experience. John Krause, CEO of OmniMax: “We are delighted to welcome […]
McCoy’s Building Supply Acquires Rio Truss
McCoy’s Building Supply, one of the nation’s largest privately held building supply retailers, recently acquired Rio Truss in a transaction completed on December 5, 2024. “We are pleased to announce our expansion into the roof and truss market,” said Waylon Walker, Senior Vice President – Operations and Merchandising. “This is an opportunity that we have […]
Erie Materials Hires and Promotes Several
Erie Materials, a regional distributor of building materials in New York and Pennsylvania, has made several promotions and new hires. Kevin Sholett has been promoted to Vice President of Sales. He will focus on providing leadership and development to the sales management. He will also assist with Territory Management and work with IT and Operations […]
Fairdeal Investment Opens New Ashley Furniture HomeStore in Dar es Salaam, Tanzania
Last month, Fairdeal Investment Tanzania LTD (Fairdeal Investment) celebrated the Grand Opening and Ribbon Cutting of its new 950 sq. m. Ashley Furniture Showroom located at 35 Mwai Kibaki Rd, Dar es Salaam, Tanzania. Specials guests included Ashley Furniture Industries representatives, Mark Marais and Reshma Maru who joined Fairdeal Investment leadership and employees at the event. Fairdeal Investment owns seven additional Ashley Furniture HomeStores in the surrounding region. This is the first Ashley […]
NVR, Inc. Announces Share Repurchase Authorization
NVR, Inc. announced that its Board of Directors has authorized the repurchase of up to an aggregate of $750 million of its outstanding common stock. The repurchase authorization does not have an expiration date. The purchases will occur from time to time in the open market and/or in privately negotiated transactions as market conditions permit. The Company […]