Continued Volume Growth in Challenging Markets Ferguson Enterprises Inc. reports second quarter results. Second quarter highlights Kevin Murphy, Ferguson CEO, commented, “Our associates continued to execute well for our customers in the second quarter, generating continued market outperformance with a sequential step up in volume growth rates. We are navigating a unique time with continued […]
Madison’s Reporter: Lumber Prices Pop Up on Normal Seasonal Spring Buying
Exasperated players hoped for some much-needed clarity as confusion surrounding tariffs kept the market quiet but on edge. In the week ending February 28, 2025, the price of benchmark softwood lumber item Western Spruce-Pine-Fir 2×4 #2&Btr KD (RL) was US$525 mfbm. This is up +$40, or +8%,from the previous week when it was $485, said […]
Koppers Fran Wisniewski Earns 2025 Women MAKE Award
Manufacturing Institute Award Celebrates Women Demonstrating Leadership Excellence Koppers announced that Fran Wisniewski, recently retired Vice President of Long-Range Planning, has been honored with The Manufacturing Institute’s 2025 Women MAKE Award. She joins more than 100 other women across the country in receiving this distinction, which recognizes women at all levels within the manufacturing industry who have demonstrated […]
Dorel Reports Fourth Quarter and 2024 Year-End Results
Dorel Juvenile revenue increases on market share gains Dorel Home accelerates restructuring program to realign its business Dorel Industries Inc. announced results for the fourth quarter and the year ended December 30, 2024. Fourth quarter revenue was US$326.8 million, down 6.8%, from US$350.7 million a year ago. Reported net loss for the quarter was US$73.0 […]
Uniboard® Invests $5.5 Million in Innovative Robotic Material Handling Technology
Uniboard, the largest Canadian based producer of biocomposites and value-added products servicing a variety of interior and exterior uses, is proud to announce an investment of $5.5 million in an innovative robotic material handling system at its Val-d’Or plant. This investment puts Uniboard at the leading edge of composite panel manufacturing in North America in […]
Stein Lumber Expands with Acquisition of The Teal Jones Group Lumber Remanufacturing Plant
Stein Lumber is pleased to announce its acquisition of the Teal Jones’ Lumber remanufacturing plant in Salmon Arm, British Columbia. This purchase reflects Stein Lumber’s commitment to investing in British Columbia’s forestry industry and expanding its production of high-quality, value-added wood products. This strategic acquisition strengthens the company’s capacity to serve markets across North America […]
Elk Creek Forest Products Named Exclusive Sales Agent for Reopened Buse Mill Company
Elk Creek Forest Products is pleased to announce its selection as exclusive sales agent for Buse Mill Company. An agreement between the two companies marks a significant partnership as Buse Mill Company, having ceased operations as Buse Timber & Sales in 2024, resumes manufacturing high-quality lumber products that will be marketed by Elk Creek Forest […]
Quanex Building Products Announces First Quarter 2025 Results and Reaffirms Full Year 2025 Guidance
Margin Expansion Realized on Consolidated Basis Results Lifted by Contribution from Tyman Acquisition Realization of Cost Synergies from Tyman Acquisition Progressing Well $65 Million of Debt Repaid Since Closing Tyman Acquisition Quanex Building Products Corporation (“Quanex” or the “Company”) announced its results for the three months ended January 31, 2025. George Wilson, Chairman, President and Chief Executive Officer, […]
Beacon Announces Partnership With Renovate Robotics
Beacon, the leading publicly-traded specialty wholesale distributor of roofing, waterproofing and related exterior products, announced a strategic investment and partnership with Renovate Robotics – a pioneer in roofing automation. Renovate Robotics, based in Brooklyn, New York, is the leading startup developing autonomous roofing robots with a focus on making roofing safer and more productive for contractors. Their […]
Sonoco Implementing Price Increases for Uncoated Recycled Paperboard, Converted Paperboard Products
Sonoco Products Company (“Sonoco” or the “Company”), a global leader in high-value sustainable paper and metal packaging, announced it is implementing a $70 per ton price increase for all grades of uncoated recycled paperboard (URB) in the United States and Canada, effective with shipments beginning April 10, 2025. According to John Florence, General Counsel, Secretary […]