BlueLinx Holdings Inc., a leading U.S. wholesale distributor of building products, and Louisiana-Pacific Corporation (LP Building Solutions), a leading manufacturer of engineered wood building products, are pleased to announce the expansion of their distribution partnership. The expanded collaboration will include LP’s renowned Siding Solutions brands and prefinished solutions, namely LP® SmartSide® Trim & Siding and […]
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 3.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 3, 2025. This week’s results include an adjustment for the New Year’s holiday. The Market Composite Index, a measure of mortgage loan application volume, decreased 3.7 percent on a […]
Fastenal and RFK Racing Celebrate 15 Years of NASCAR Partnership
Fastenal Returns as One of the Sport’s Longest-Tenured Brands RFK Racing and primary partner Fastenal Company will celebrate their 15th season of partnership in 2025. Fastenal, which recently extended its relationship with RFK, is one of the longest-tenured brands in NASCAR. When Fastenal initially teamed up with RFK in 2010, they were paired with NASCAR Hall […]
Snavely Promotes Bill Georgelis to Vice President of Eastern Operations
Strategic Advancement to Propel Growth Snavely Forest Products, (“Snavely”), a wholly-owned subsidiary of MacArthur Company, and a leader in the wholesale building materials industry, is pleased to announce the promotion of Bill Georgelis to the position of Vice President of its Eastern Operations. In this new role, Georgelis will oversee and direct operations, strategic initiatives, […]
Apogee Enterprises Reports Fiscal 2025 Third Quarter Results
Net sales of $341 million Operating margin of 8.4%; and adjusted operating margin of 10.4% Diluted EPS of $0.96 and adjusted diluted EPS of $1.19 Year-to-date cash flow from operations of $95 million Completed UW Solutions acquisition Apogee Enterprises, Inc. reported its results for the third quarter of fiscal 2025. Ty R. Silberhorn, Chief Executive Officer stated, “Our team remains focused […]
LP Building Solutions Names Jack Johnson as Vice President, Siding Manufacturing
LP Building Solutions (LP), a leading manufacturer of high-performance building products, announced the appointment of Jack Johnson as Vice President, Siding Manufacturing, effective immediately. “With nearly three decades at LP, Jack has consistently demonstrated exceptional leadership, combining technical expertise with extensive operational experience and a management approach rooted in authenticity and accountability,” said Executive Vice President, General Manager of […]
Sonoco Announces Senior Leadership Changes for 2025
Sonoco Products Company (“Sonoco” or the “Company”), a global leader in high-value sustainable packaging, announced senior leadership changes which became effective on January 3, 2025. Jerry Cheatham, a 36-year finance leader within Sonoco, has been named interim Chief Financial Officer, replacing Chief Financial Officer Rob Dillard, who has departed the Company. Mr. Cheatham has been […]
Beacon Announces Fourth Quarter Footprint Expansion
Two acquisitions and two greenfield branches expand service area in Massachusetts, Missouri and Tennessee Beacon the leading publicly-traded specialty wholesale distributor of roofing, waterproofing and related exterior products announced the results of its footprint expansion initiatives during the fourth quarter of 2024. Aligning with M&A growth goals, Beacon acquired Ryan Building Products in Westwood, Massachusetts and Fairway […]
CMC Reports First Quarter Fiscal 2025 Results
Commercial Metals Company announced financial results for its fiscal first quarter ended November 30, 2024. First quarter net loss was ($175.7) million, or ($1.54) per diluted share, on net sales of $1.9 billion, compared to prior year period net earnings of $176.3 million, or $1.49 per diluted share, on net sales of $2.0 billion. During the first quarter of fiscal 2025, the Company recorded […]
PLM Kicks off New Year with Leadership Moves, Promotions
Pennsylvania Lumbermens Mutual Insurance Company (PLM), the largest mutual insurer dedicated to wood-related businesses, announces several leadership changes and promotions within the company’s executive staff. The changes are part of PLM’s strategy to enhance the organization’s profitability and growth and prepare for the future, while recognizing the changing complexity of the business of insurance. A […]