On December 1, FBM completed the successful acquisition of Titan Insulation Supply, LLC (“Titan”) in Denver, Colorado. Titan started its business just 3 years ago and has rapidly grown into a successful operation providing multiple insulation product lines such as batts, blowing wool, spray foam, cellulose, mineral wool, polyiso boards, and related insulation accessories. The […]
Lowe’s Outlines Next Chapter of Total Home Strategy to Fuel Long-Term Growth
Lowe’s Companies, Inc. is hosting its 2022 Analyst and Investor Conference today in New York City to provide an update on its key growth initiatives and long-term financial targets. A live video webcast will be available on ir.lowes.com beginning at 8 a.m. Eastern time. “We are building on our momentum with the next chapter of our Total Home strategy, […]
MBA: Mortgage Applications Decrease in December 7th MBA Weekly Survey
Mortgage applications decreased 1.9 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending December 2, 2022. Last week’s results include an adjustment for the observance of the Thanksgiving holiday. The Market Composite Index, a measure of mortgage loan application volume, decreased 1.9 percent on a […]
Rayonier Honored by Women Executive Leadership for Advancing Gender Diversity in the Boardroom
Rayonier Inc. has been recognized for accelerating the advancement of gender diversity in the boardroom by Women Executive Leadership (WEL), a nonprofit organization that advocates, educates and connects accomplished executive women. The Elevate Award salutes public companies that have added female board members since WEL’s 2017 Census. Rayonier added its first female director to its board in 1994. […]
Newsweek Names Tractor Supply to List of “America’s Most Responsible Companies”
Tractor Supply Company (“Tractor Supply”), the largest rural lifestyle retailer in the United States, announced it has been recognized on Newsweek’s 2023 list of America’s Most Responsible Companies. The list, now in its fourth year of publication, highlights companies that “step up” when it comes to being an excellent corporate citizen. Tractor Supply was also […]
Madison’s Reporter: US Thanksgiving Brings Soft Lumber Demand
As is historically usual for this season, demand — and therefore prices — of most softwood lumber items dropped during the US Thanksgiving holiday week. This time of year is normally marked by slowing construction activity thus lower demand for dimension lumber. Of course, the past two years have not been normal. As forest industry […]
NAHB: Single-Family Construction Slows in Post-Covid Hot Markets
The big jump in single-family home building activity that occurred in the aftermath of the COVID-19 pandemic in large metro outlying counties and exurban areas has shown a marked decline over the past 12 months, according to the latest findings from the National Association of Home Builders (NAHB) Home Building Geography Index (HBGI) for the […]
UFP Packaging Acquires Titan Corrugated and its Affiliate, All Boxed Up
UFP Industries today announced that its affiliate, UFP Packaging, LLC, has acquired Titan Corrugated, Inc., a manufacturer of corrugated packaging products, and its affiliate All Boxed Up, LLC, a corrugated box distributor. The combined companies had trailing 12-month sales through October 2022 of approximately $46.5 million. Founded in 2003 by Jon Reneau, Titan’s primary products […]
Toll Brothers Reports FY 2022 4th Quarter Results
Toll Brothers, Inc. (TollBrothers.com), the nation’s leading builder of luxury homes, today announced results for its fourth quarter ended October 31, 2022. FY 2022’s Fourth Quarter Financial Highlights (Compared to FY 2021’s Fourth Quarter): Full FY 2022 Financial Highlights (Compared to Full FY 2021): Douglas C. Yearley, Jr., chairman and chief executive officer, stated: “Despite the many challenges facing our industry over the past year, […]
BC Council of Forest Industries Announce Appointment of new Board Chair
The BC Council of Forest Industries (“COFI”) announces the appointment of Greg Stewart, President, Sinclar Group Forest Products Ltd. (“Sinclar”), as Chair of the Board of Directors, effective December 5, 2022. Greg will succeed Don Kayne, President and CEO, Canfor Corporation, who previously served as Board Chair since 2019. “We are pleased to have Greg […]