Tempur Sealy International, Inc. (NYSE: TPX) announced today that it has successfully completed the closing of its $1.65 billion senior secured credit facilities, which include a $1.15 billion revolving credit facility and a $500 million term loan facility. The proceeds of the senior secured credit facilities will be used to refinance Tempur Sealy’s existing credit facilities and, in the case of the revolving credit facility, […]
Mortgage Applications Increase in October 11th MBA Weekly Survey
Mortgage applications increased 0.6 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending October 6, 2023. The Market Composite Index, a measure of mortgage loan application volume, increased 0.6 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, […]
New Home Outlet Store Opens in Mishawaka, Indiana
E.C. Barton & Company has announced that its new Home Outlet store in Mishawaka, Indiana opened on September 25, 2023. The new location, at 416 West McKinley Ave., offers flooring, cabinetry, plumbing, door, and window products at the Guaranteed Lowest Price. This location is the third Home Outlet store to open in Indiana. “We conduct a […]
JELD-WEN Releases 2022 ESG Report
Continued commitment to and progress against 2050 goals JELD-WEN Holding, Inc. (NYSE: JELD), a leading global manufacturer of building products, today released its 2022 Environmental, Social and Governance (ESG) report. The report highlights the company’s ESG achievements during the 2022 reporting year and progress toward its 2050 sustainability goals. “Leading in a responsible manner has […]
Carlisle Companies to Reclassify Results of Operations for Carlisle Interconnect Technologies as Discontinued Operations Effective for the Third Quarter 2023
Carlisle Companies Incorporated (NYSE:CSL) will reclassify the results of operations for Carlisle Interconnect Technologies (“CIT”) as discontinued operations for all periods presented in the Consolidated Statements of Income beginning in the third quarter of 2023. Assets and liabilities subject to the sale of CIT will be reclassified as held for sale for all periods presented in […]
Ambassador Supply Names New National Sales Manager
Ambassador Supply has named Chad Urban as national sales manager for the PFC/Steel Vertical, effective immediately. “We’re excited to announce Chad’s appointment as Ambassador Supply’s national sales manager for the PFC/Steel Vertical,” said Ambassador Supply PFC/Steel Vertical President Doug Stephens. “With nearly 25 years of experience, we believe that Chad can help us continue to […]
IG Railing Hires Nationally Acclaimed Bobby Parks As Business Development Specialist
IG Railing™, the #1 Brand of Illuminated Glass railing is thrilled to announce a game-changing addition to their team. Bobby Parks joins IG Railing as Business Development Specialist effective November 1st. Bobby will focus on educating contractors and dealers about the benefits of frameless glass railing as a direct employee for Illuminated Glass Railing Company. […]
Kingspan Announces a Mandatory Cash Offer to the Shareholders in Nordic Waterproofing Holding
Kingspan Holdings (IRL) Limited (“Kingspan“) hereby announces a mandatory cash offer to the shareholders of Nordic Waterproofing Holding AB (publ) (“Nordic Waterproofing” or the “Company“) to tender any and all shares in Nordic Waterproofing to Kingspan at a price of SEK 160 in cash per share (the “Offer“). The shares in Nordic Waterproofing are listed on Nasdaq […]
Trex Company Names New Senior Vice President and Chief Financial Officer
Trex Company, Inc. (“Trex”), the world’s #1 brand of high-performance, low-maintenance and eco-friendly composite decking and railing and a leader in outdoor living products, today announced that it has named Brenda Lovcik Senior Vice President and Chief Financial Officer effective October 23, 2023. Mrs. Lovcik has over 25 years of demonstrated financial and operational success with high-profile publicly traded companies. […]
Flexsteel Industries, Inc. Announces Change to Board of Directors
Flexsteel Industries, Inc. (“Flexsteel” or the “Company”), announced that long-time board member Mary C. Bottie has declared her plan to resign following the December 2023 board meeting. “Flexsteel has been fortunate to have a director of the caliber of Mary Bottie,” said Chair Tom Levine. “Her extensive background in general management, global operations, marketing, and human resources have been great assets […]