Burton Mill Solutions is excited to announce its acquisition of Menominee Saw & Supply, based in Menominee, Michigan. Menominee specializes in supporting wood processors in the Northern Great Lakes region and across the Midwest by supplying and reconditioning a variety of industrial cutting tools, including machine knives, small- and large-diameter circle saws, and wide and […]
Lumber Price Index for Week Ending December 2, 2024
The Madison’s Lumber Prices Index for the week ending November 29, 2024 is: US$504 mfbm. This is down -0%, or -$1, from the previous week when it was US$504. This is up +5%, or +$23, from one month ago when it was US$481. For information regarding the construction of this Index (species mix, weighed averages) […]
Tractor Supply Celebrates the Season of Giving With 4-H Paper Clover Fundraiser
By adding a paper clover to their holiday shopping, customers can help thousands of young people access hands-on training in health, science, agriculture and civic engagement Tractor Supply Company, the largest rural lifestyle retailer in the United States, announced the kick-off for its second 4-H Paper Clover campaign of the year. Beginning on Black Friday, customers can make […]
Western Forest Products and United Steelworkers Reach Tentative Collective Agreement
Western Forest Products Inc. (“Western” or the “Company”) announced that the Company and the United Steelworkers Local 1-1937 (“USW”) have agreed to the terms of a tentative collective agreement. The USW represents approximately 1,000 Western employees. The tentative agreement is subject to a ratification vote by USW membership, which is expected to occur before the […]
NAR: Pending Home Sales Climbed 2.0% in October, Third Straight Month of Gains
Pending home sales in October increased 2.0% Compared to one month ago, pending sales grew in all four major U.S. regions, led by the Northeast Year-over-year, contract signings rose in all four U.S. regions, with the West showing the highest increase Pending home sales ascended in October – the third consecutive month of increases – […]
US Lumber Brokers Helps Architects and Builders Navigate CITES Regulations with Sustainable Alternatives
US Lumber Brokers, an Austin-based building materials distributor, is proud to announce its partnership with Tantimber to offer architects and builders a sustainable and high-quality alternative to South American hardwoods (IPE wood, Cumaru wood.) With the introduction of Tantimber’s ThermoWood products, including Ash, Pine, and Ayous, US Lumber Brokers is helping the industry navigate the complexities […]
CN Releases New Indigenous Reconciliation Action Plan
CN released its first Indigenous Reconciliation Action Plan (IRAP), reaffirming its commitment to strengthen ties with Indigenous communities, foster mutually beneficial relationships, and create opportunities for meaningful collaboration on the journey toward genuine reconciliation. The IRAP commitments and actions were developed and shaped by the insights, priorities, and feedback received from Indigenous communities and CN employees that […]
PPG Announces 50th Order for Electrostatic Marine Coating Application
Technique provides sustainability benefits for ship owners and shipyards PPG announced its 50th order for the electrostatic application of marine fouling control coatings. The project will be carried out on the VLCC SIDR, a 336-meter oil tanker operated by Bahri Ship Management at the Asyad Drydock Company shipyard in Oman, using PPG NEXEON™ 810 antifouling […]
American Woodmark Corporation Announces Second Quarter Results and a $125 Million Stock Repurchase Authorization
American Woodmark Corporation (the “Company”) announced results for its second fiscal quarter ended October 31, 2024. Fiscal Second Quarter 2025 Financial Highlights: Fiscal 2025 Year to Date Financial Highlights: “Our team delivered net sales and Adjusted EBITDA performance that was in-line with the expectations we shared last quarter. The quarter was impacted by continued softer demand in the remodel market along with the slowdown […]
BuildDirect Reports Third Quarter 2024 Financial Results
Delivered adjusted EBITDA of $0.8 million for Q3 2024; the Company has delivered 11 consecutive quarters of positive adjusted EBITDA Delivered revenue and gross profit of $17 million and $6.5 million or 38.3 %, respectively, in Q3 2024, an increase in revenue and gross profit of 4.9% and $0.3 million or 10 bps, respectively, sequentially […]