The #1 furniture and mattress retailer in North America expands its U.S. presence with new location Ashley, #1 furniture and mattress retailer in North America, will officially open its newest retail store on Saturday, January 20 in Queen Creek, Arizona. The new 34,986 sq. ft. showroom is located at 20078 S. Ellsworth Rd, Queen Creek, AZ 85142, […]
Bid Group Unveils Comact-Branded AI-Powered Linear Resaw Optimizer
BID Group, a pioneer in wood processing solutions, just announced a brand-new, groundbreaking innovation: the ResawExpert, a Comact-branded AI-powered linear resaw optimizer with vision. This revolutionary technology will take wood transformation to a whole new level of precision, efficiency, and performance. The Comact ResawExpert is a game-changer, especially in hardwood and specialty processing workflows that […]
L&W Supply Names Vanessa Morrison Business Development Manager of the South Central Region
L&W Supply, a nationwide distributor of interior building materials and construction supplies, has announced that Vanessa Morrison has been promoted to business development manager of the company’s South Central Region. Vanessa Morrison joined the L&W Supply team during the company’s acquisition of Holmes Drywall Supply in 2021. Throughout her tenure at Homes Drywall Supply, Morrison performed […]
Trex Named “America’s Most Trusted® Outdoor Decking” for Fourth Consecutive Year
When it comes to the products we purchase for our homes and families, trust means everything. With that in mind, Trex Company, the world’s largest manufacturer of wood-alternative composite decking and railing, and leader in high-performance, low-maintenance outdoor living products, is proud to share that it has been named “2024 America’s Most Trusted® Outdoor Decking,” according […]
Weyerhaeuser Announces Habitat for Humanity Innovation Challenge
Six U.S. Habitat affiliates to participate in a design and build challenge using sustainable wood products that increase access to affordable, high-quality homes Weyerhaeuser Company announced the Habitat for Humanity Innovation Challenge to encourage new and creative home-building solutions using sustainable wood products. The challenge will task six U.S.-based Habitat affiliates with designing innovative uses of […]
MITER Brands to Acquire PGT Innovations
Represents 60% Premium to PGTI’s Unaffected Share Price MITER’s $42.00 Per Share All-Cash Proposal Declared a “Superior Proposal” by PGT Innovations’ Board MITER Brands™ (“MITER”), a nationwide manufacturer of precision-built windows and doors, and PGT Innovations Inc. (“PGTI”), a manufacturer of premium windows and doors, announced they have entered into a definitive merger agreement for MITER to […]
Masonite Confirms Termination of Agreement to Acquire PGT Innovations
Disciplined capital allocation will continue to support Doors That Do More™ strategy and drive enhanced shareholder value Masonite International Corporation (“Masonite” or the “Company”), a leading global designer, manufacturer, marketer and distributor of interior and exterior doors and premium door systems, confirmed the termination of its previously announced definitive merger agreement to acquire PGT Innovations, Inc. […]
Mortgage Applications Increase in January 17th MBA Weekly Survey
Mortgage applications increased 10.4 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 12, 2024. Last week’s results included an adjustment to account for the New Year’s holiday. The Market Composite Index, a measure of mortgage loan application volume, increased 10.4 percent on […]
Madison’s Reporter: Lumber Prices Boost Slightly to Start 2024
In the week ending January 5, 2024, the price of Western S-P-F 2×4 #2&Btr KD (RL) was US$452 mfbm, said forest products industry price guide newsletter Madison’s Lumber Reporter. This is up by +$38, or +9%, compared to the previous week when it was $414. That week’s price is up by +$41, or +10%, from […]
Simpson Strong-Tie Has Acquired PMJ-tec in Switzerland
Simpson Strong-Tie, the leader in engineered structural connectors and building solutions, has acquired PMJ-tec, a Swiss roofing and facade fastener manufacturer specializing in A2, A4 and other high grade corrosion resistant stainless steel products. PMJ-tec, founded in 1975, has its main office and factory in Switzerland and warehouses as well as sales offices in Germany […]