As the result of challenging and unexpected business circumstances impacting our operations, Klaussner Furniture Industries, Inc. and its direct and indirect subsidiaries (“Klaussner” or the “Company”) must unexpectedly wind down the operations. Klaussner’s lending source has unexpectedly refused to continue to fund the Company’s operations. This outcome was not reasonably foreseeable, but due to these […]
Apollo Impact to Acquire Accent Family of Companies
Positions Trusted Brand for Continued Expansion Amid Increasing Focus on Sustainability & Recycling Solutions Apollo (NYSE: APO) today announced that funds managed by its affiliates (the “Apollo Funds”) have completed the acquisition of the Accent Family of Companies (“Accent” or the “Company”), which includes Accent Wire-Tie, Accent Wire-Tie United Kingdom and Accent Building Materials. Accent […]
JELD-WEN Reports Second Quarter 2023 Results and Updates Full-Year Guidance
JELD-WEN Holding, Inc. (“JELD-WEN” or the “Company”) announced results for the three and six months ended July 1, 2023. Comparability is to the same period in the prior year and all periods presented reflect the Company’s Australasia segment as a discontinued operation, unless otherwise noted. The Company is raising its full-year guidance for continuing operations […]
BlueLinx Welcomes Todd Skaggs as Regional Vice President
BlueLinx Holdings, Inc. (“BlueLinx”), a leading U.S. wholesale distributor of building products, is pleased to announce the appointment of Todd Skaggs as Regional Vice President (“RVP”) for the West Region, effective August 7, 2023. Skaggs, a highly accomplished building products executive, brings over two decades of experience in sales, distribution, and operational excellence to his […]
Authorities Approve Sale of HS Timber’s Sebes Site to Ziegler Group
The sale of the HS Timber Productions Sebes SRL site to the German Ziegler Group, announced on 18 April, has been approved by the relevant authorities. With the closing of the transaction today, the sale of shares has been successfully completed. The parties have agreed not to disclose the purchase price. The Ziegler Group will […]
James Hardie Industries Announces First Quarter Fiscal Year 2024 Results
James Hardie Industries plc, announced results for its first quarter ending 30 June 2023. First Quarter Fiscal Year 2024 Highlights, Compared to First Quarter Fiscal Year 2023, as applicable Speaking to the results, James Hardie CEO Aaron Erter said, “Our team’s focus remains simple: working safely, partnering with our customers, managing decisively, and controlling what […]
Red River Lumber Names New President
Red River Lumber is pleased to announce the promotion of John Butler as its new President. With an extensive background in the industry, Butler brings valuable experience and a visionary outlook to lead Red River Lumber and its divisions into an exciting new chapter. Butler’s career with Red River Lumber began in 2005 and he […]
Do it Best Announces Team Hires and Promotions – August 2023
Do it Best is pleased to announce the following additions to its team. Further, Do it Best proudly recognizes these promotions within the corporate office team. About Do it Best Based in Fort Wayne, IN, Do it Best is the only US-based, member-owned comprehensive and fully integrated hardware, lumber, and building materials buying cooperative in […]
Gerretsen Building Supply Celebrated 100th Anniversary with Community Event
Gerretsen Building Supply, a division of TAL Holdings, celebrated 100 years of service by hosting a community celebration last Saturday. The event featured vendor demonstrations, outdoor games, and a raffle. The celebration ran from 10 am to 2 pm at Gerretsen Building Supply. Community members were able to partake in celebratory festivities, including various outdoor […]
LP Building Solutions and Huber Engineered Woods LLC Reach Settlement in Patent Infringement Litigation
LP Building Solutions (“LP”), a leading manufacturer of high-performance building products, and Huber Engineered Woods LLC have entered into a settlement agreement to resolve all the patent-infringement claims against LP WeatherLogic® Air & Water Barrier. As part of the settlement, LP to continue to manufacture and sell its Structural I sheathing with integrated water-resistive overlay under the WeatherLogic brand […]