Sponsorship of veteran-focused recruitment and training program adds to LP’s efforts to foster a diverse and inclusive workforce LP BUILDING SOLUTIONS (LP), a leading manufacturer of high-performance building products, pledged to support veteran hiring initiatives, including a new partnership with the Manufacturing Institute’s HEROES MAKE AMERICA program. This initiative provides certifications and career readiness training to prepare transitioning service members, […]
Worthington Industries Board of Directors Approves Separation of Worthington Steel
Record date for distribution of Worthington Steel common shares will be November 21, 2023 “When-issued” trading of Worthington Steel and Worthington Industries ex-distribution common shares expected to begin on November 28, 2023 Distribution date expected to be December 1, 2023 Worthington Industries, Inc. (“Worthington Industries” or the “Company”), a leading industrial manufacturer, announced that its […]
Enviva Reports 3Q 2023 Results
Glenn Nunziata Appointed Interim Chief Executive Officer Enviva Inc. (NYSE: EVA) (“Enviva” or the “Company”) today released financial and operating results for third-quarter 2023, announced a comprehensive review of its capital structure to improve the Company’s financial position, and announced a realignment of leadership, including the appointment of Glenn Nunziata, Chief Financial Officer, as Enviva’s […]
Sylvamo Quarterly Results Higher Than Guidance, Cost Reduction Program Announced
Sylvamo (NYSE: SLVM), the world’s paper company, is releasing third quarter 2023 earnings. Financial Highlights – Third Quarter vs. Second Quarter Commercial and Operational Highlights – Third Quarter vs. Second Quarter Fourth Quarter Outlook Management Summary from Chairman and Chief Executive Officer Jean-Michel Ribiéras Third quarter earnings were higher than our outlook. We took measures […]
Obituary: Dennis L. Facemyer
Dennis L. Facemyer, 84 Albany, passed away at his residence Saturday, October 28, 2023, surrounded by his loving family. He was born August 15, 1939, in Sissonville, WV. the son of the late George Lovell and Leora Underwood Facemyer. He was a U.S. Army Veteran, and co-owner of Facemyer Lumber Company. He was a member of the […]
Dynatronics Corporation Reports First Quarter Fiscal Year 2024 Financial Results
Dynatronics Corporation (NASDAQ: DYNT) (“Dynatronics” or the “Company”), a leading manufacturer of athletic training, physical therapy, and rehabilitation products, today reported financial results for its first quarter of fiscal year 2024 ended September 30, 2023. CEO Commentary “We met our sales expectations and were profitable on an EBITDA basis in the first quarter,” said Brian […]
Cascades Reports Solid Results for the Third Quarter of 2023
Tissue Papers segment generates record quarterly results Cascades Inc. (TSX: CAS) reports its unaudited financial results for the three-month period ended September 30, 2023. Q3 2023 Highlights Mario Plourde, President and CEO, commented: “We are pleased with our solid third quarter results. Sequential sales growth of 2.6% reflects stronger Containerboard volume and more favourable sales mix in […]
Freddie Mac: As Treasury Yields Decline, Mortgage Rates Move Down
Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 7.5 percent. “As Treasury yields decline, the 30-year fixed-rate mortgage dropped a quarter of a percent, the largest one-week decrease since last November,” said Sam Khater, Freddie Mac’s Chief Economist. “Incoming data show that household debt […]
WestRock Reports Strong Fourth Quarter Fiscal 2023 Results
WestRock Company (NYSE:WRK), a leading provider of sustainable paper and packaging solutions, today announced results for its fiscal fourth quarter and year ended September 30, 2023. Fourth Quarter Highlights and other notable items: Full Year 2023 Highlights: “The WestRock team delivered another strong quarter, demonstrating the power and resilience of our diversified portfolio, innovative solutions […]
Trex: What’s Next Is Now!
Trex Company Unveils New Products for 2024 with Innovations for Every Build and Budget As a brand focused on engineering what’s next in outdoor living, Trex Company (NYSE:TREX) remains steadfast in its commitment to continuous innovation. Never content to rest on its laurels, the world’s largest manufacturer of wood-alternative decking and railing and a leader in high-performance, […]