PPG LINQ system supports automotive refinish education for over 1,500 students PPG announced that it has donated the PPG LINQ™ digital automotive refinish ecosystem to 15 vocational schools in over 10 countries during the last 15 months. This effort is part of the company’s $2 million commitment through 2025 to invest in workforce development initiatives aimed […]
Atlas Engineered Products Announces Acquisition of 42 Acres of Land in Colborne, Ontario to Support Automation of Trusses and Wall Panels
Atlas Engineered Products (“AEP” or the “Company”) is pleased to announce that the Company has acquired 42 acres of land at 281 Purdy Road, Colborne Ontario, which has been secured to provide a new Greenfield location to support truss and panelization automation. The total purchase price for the land was $2.8M, including all fees and the transaction […]
Worthington Enterprises Reports Second Quarter Fiscal 2025 Results
Worthington Enterprises, Inc., a market-leading designer and manufacturer of innovative products and solutions that serve customers in the building products and consumer products end markets, reported results for its fiscal 2025 second quarter ended November 30, 2024. Second Quarter Highlights (all comparisons to the second quarter of fiscal 2024): “We delivered solid financial results for […]
Statistics Canada: New Housing Price Index, November 2024
New home prices edge up in November The national index edged up 0.1% on a month-over-month basis in November. Prices were up in 8 of the 27 census metropolitan areas (CMAs) surveyed, while prices were unchanged in 15 CMAs and declined in 4. Québec leads monthly increases in November The largest monthly new home price gains in November were recorded in Québec (+1.8%) and […]
Dealers Wholesale Expands Midwest Presence with Acquisition of Palatine Builders Supply
Dealers Wholesale, a leading distributor and installer of doors, hardware, access control, and fireplaces for residential and commercial markets, has acquired Palatine Builders Supply (PBS), a Wood Dale, Illinois-based distributor of doors, frames, and hardware. Terms of the transaction were not disclosed. Founded in 1987, PBS serves the Chicago area with hollow metal doors, wood […]
Andersen Corporation Announces $50.8 Million in Year-End Profit Sharing and 2024 Donations Totaling Over $5 Million in Support of Local Communities
Andersen Corporation celebrates its employees and continues its philanthropic efforts in 2024 Andersen Corporation proudly announces it will distribute $50.8 million in profit sharing to eligible employees. In recognition of employee contributions to Andersen’s 2024 business performance, the company paid $50.8 million – up to $3,923 per eligible employee – as part of the company’s […]
Installed Building Products Announces the Acquisition of Capital Insulation, LLC
Acquisition Adds Over $12 Million of Annual Revenue Installed Building Products, Inc. (the “Company” or “IBP”), an industry-leading installer of insulation and complementary building products, announced the acquisition of Capital Insulation, LLC and CBS & Mirror, LLC (collectively “Capital”). Capital is located in Houston, Texas and serves the single-family, multifamily, and commercial end markets. Capital focuses on installation opportunities in new construction projects and […]
Focused on the Future, Ethan Allen Celebrates 2024 International Convention
Ethan Allen recently held its 2024 International Convention live at the Company’s headquarters and livestreamed across the world. With the theme of Focused on the Future, the program honored the Company’s 92-year history, reviewed current and future initiatives in manufacturing, logistics, technology, marketing and retail, and celebrated its annual Spirit Awards, honoring interior designers both for […]
Central Garden & Pet Announces Randal D. Lewis as New Director
Randal D. Lewis Brings Decades of Experience in Consumer Products Central Garden & Pet Company, a market leader in the pet and garden industries, announced that it has appointed Randal D. Lewis to its Board of Directors, effective December 11, 2024. Mr. Lewis brings to Central more than 34 years of experience in the consumer […]
JELD-WEN Announces Purchase Agreement for Towanda, PA Facility as a Result of Court-Ordered Divestiture Process
JELD-WEN Proceeds to Close Divestiture Transaction JELD-WEN Holding, Inc. (“JELD-WEN” or the “Company”), a leading global manufacturer of building products, announced that, in compliance with the court-ordered divestiture of its Towanda, Pennsylvania business and related assets (collectively, “Towanda”), JELD-WEN has entered into an asset purchase agreement for the sale of Towanda to Woodgrain Inc. (“Woodgrain”) for approximately $115 million, subject […]