Governor Glenn Youngkin announced that Musser Biomass and Wood Products, a division of family-owned and -operated Musser Lumber Company, will invest $7.5 million and create ten new, high-paying jobs to expand its operation in Wythe County. The expansion will more than double production of dried hardwood chips and sawdust the company supplies to composite decking […]
Railroads Reach Agreement to Create New Direct Connection and Corridor Linking Mexico, Texas and the U.S. Southeast
Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC), CSX Corporation (NASDAQ: CSX) (CSX) and Genesee & Wyoming Inc. (G&W) today announced they have reached agreements that when completed will create a new direct CPKC-CSX interchange connection in Alabama. As part of the series of proposed transactions, CPKC and CSX would each acquire or operate […]
CPKC to Outline Unique Advantages of Combined Network and Growth Outlook at 2023 Investor Day; Provides Multi-year Guidance
As part of its 2023 Investor Day, Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) today issued new multi-year guidance and unveiled the next chapter in its long-term growth strategy as the only single-line railroad that connects a continent. Strategy to execute on the advantages of the new combined network At Investor Day, hosted […]
Madison’s Reporter: Increased Demand Rises Some Lumber Prices Slightly
In the week ending June 16, 2023, the price of Western S-P-F 2×4 #2&Btr KD (RL) was US$390 mfbm, said forest products industry price guide newsletter Madison’s Lumber Reporter. This is up by +$30, or +8%, from the previous week when it was $360. That week’s price is up by +$33, or +9%, from one […]
Westlake Ace Hardware to Open New Olathe, Kansas Store
Westlake Ace Hardware announced it has signed an agreement to open a new store in western Olathe, Ks. Westlake Ace currently owns and operates more than 20 stores in the Kansas City metropolitan area. Located at 1185 West Santa Fe St. — near the intersection of Highway K-7 and Santa Fe — the new 16,500 sq. […]
Accsys Technologies Preliminary Results for the Year Ended 31 March 2023
Highlights Notes 1Underlying EBITDA is defined as Operating profit/(loss) before Exceptional items and other adjustments, depreciation and amortisation, and includes the Group’s attributable share of our USA joint venture’s underlying EBITDA. (See note 3 to the financial statements). 2 Underlying profit before tax is defined as profit before tax and exceptionals and other adjustments Stephen […]
SRS Distribution Named a 2023 National Preferred Partner of David Weekley Homes
David Weekley Homes, one of the nation’s largest privately held home builders, recently announced the winners of its 19th annual National Preferred Partner Survey. The award recognizes field and manufacturing partners who have consistently operated at world-class levels, as determined by the home builder’s supplier evaluation platform. This comprehensive process, anchored by the National Preferred Partner […]
U.S. Census Bureau: Monthly New Residential Sales, May 2023
The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential sales statistics for May 2023: New Home Sales Sales of new single-family house in May 2023 were at a seasonally adjusted annual rate of 763,000, according to estimates released jointly today by the U.S. Census Bureau and the […]
JELD-WEN Names Wendy Livingston Chief Human Resources Officer
JELD-WEN Holding, Inc. (“JELD-WEN”), a leading global manufacturer of building products, today announced the appointment of Wendy A. Livingston as executive vice president and chief human resources officer (“CHRO”), effective June 27, 2023. Livingston replaces Tim Craven, who previously announced his plan to leave the company in July. Livingston is a seasoned executive with more […]
Koppers Releases 2022 Corporate Sustainability Report
Koppers Holdings Inc. (“Koppers”) published its 2022 Corporate Sustainability Report (“CSR”). The CSR provides a detailed overview of the company’s efforts to further its Sustainability strategy in the areas of People, Planet, and Performance. Throughout 2022, Koppers achieved important advances toward creating sustainable value for the company and its stakeholders. Some key highlights include: “With […]