In a significant development for the local community, BID Group has collaborated with the Department of Labor and Apprenticeship Carolina to launch a groundbreaking apprenticeship program in its Fabrication Shop. The program provides valuable opportunities for aspiring professionals in the manufacturing sector. BID Group, renowned for its manufacturing expertise, has committed to nurturing talent and […]
Skyline Champion Announces First Quarter Fiscal 2024 Results
Skyline Champion Corporation (NYSE: SKY) (“Skyline Champion”) today announced financial results for its first quarter ended July 1, 2023 (“fiscal 2024”). First Quarter Fiscal 2024 Highlights (compared to First Quarter Fiscal 2023) “Skyline Champion’s results for the first quarter of fiscal 2024 met expectations, reflecting continued execution on our operational initiatives as we navigate the […]
WestRock Announces Plans to Close Tacoma, Wash., Paper Mill
WestRock Company (NYSE: WRK) today announced it will permanently cease operating its paper mill in Tacoma, Washington, and will conclude production by September 30, 2023. WestRock is committed to improving its return on invested capital as well as maximizing the performance of its assets. The combination of high operating costs and the need for significant […]
BlueLinx Announces Second Quarter 2023 Results
BlueLinx Holdings Inc. (“BlueLinx” or the “Company”), a leading U.S. wholesale distributor of building products, today reported financial results for the three months ended July 1, 2023. Second Quarter 2023 Highlights(all comparisons are versus the prior year period unless otherwise noted) “During the second quarter, we maintained both our price and cost discipline to deliver […]
Nation’s Best Acquires Another Texas Home Center
Nation’s Best, one of the fastest growing home improvement companies in the US, announces their acquisition of Cain Hardware & Lumber. This addition brings the total number of locations in the state to 19. Started alongside his father in 1974, Paul Cain and his wife Penny have grown the home center to become a one-stop […]
White Cap Signs Definitive Agreement to Acquire RENO Hardware and Supply
White Cap L.P. (“White Cap”), a distributor of specialty construction supplies and safety products for professional contractors, has entered into a definitive agreement to acquire RENO Hardware and Supply, Inc., a distributor of construction supplies serving commercial, multi-family and residential contractors throughout Southern California. Upon the completion of the transaction, RENO Hardware and Supply’s three […]
Grand Opening Set for Ace Hardware of Porter Ranch
The new Ace Hardware of Porter Ranch at 11460 Porter Ranch Dr. (former site of Toys “R” Us) will host a grand opening event and sale August 4-6. The weekend’s events will also be an opportunity for the community to meet Henok Aynalem, the store’s general manager. In addition to selling lawn and garden supplies, […]
Beacon Announces Acquisition of All American Vinyl Siding Supply
Adding products and service to northern Mississippi Beacon (Nasdaq: BECN) announced today that it has completed the acquisition of All American Vinyl Siding Supply, LLC (“All American”) of Tupelo, MS. “I am so pleased that our loyal customers will now be served by Beacon,” said Vic Chisholm, an owner of All American. “Beacon’s broad range of […]
Rival Holdings Launches Operations to Catalyze Industry Innovation
New investment company Rival Holdings launched operations today, with a vision to actively transform the real estate, construction and building industry. Rival brings two strong companies together – Ambassador Supply and VIA Developments – under one umbrella, while also seeking new investment opportunities. The company will have a strong focus on mergers and acquisitions, real […]
CoreLogic: US Annual Home Price Growth Inches Up in June
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released the CoreLogic Home Price Index (HPI™) and HPI Forecast™ for June 2023. While annual home price growth remained near an 11-year low in June, at 1.6%, the gain was slightly higher than in May, indicating that appreciation could be bottoming out. CoreLogic expects year-over-year U.S. […]