Richardson International Limited (Richardson) and Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) announced today that Richardson plans to expand eight CPKC-served elevators in western Canada, allowing future trains to be moved from these sites under CPKC’s 8,500-foot High Efficiency Product (HEP) model. Work on the elevators in Manitoba, Saskatchewan and Alberta will start […]
LL Flooring Board of Directors Unanimously Rejects Unsolicited Proposal
LL Flooring Holdings, Inc. (“LL Flooring” or “Company”) (NYSE: LL) today announced that its Board of Directors has unanimously rejected an unsolicited, non-binding proposal from Cabinets To Go, LLC (“Cabinets To Go”), a subsidiary of F9 Brands, Inc., to acquire all of LL Flooring’s outstanding shares for $5.76 per share in cash. The Company previously […]
Lumber Price Index for Week Ending June 23, 2023
The Madison’s Lumber Prices Index for the week ending June 23, 2023 is: US$442 mfbm This is up by +5.2%, or +$22, from the previous week when it was US$420. For information regarding the construction of this Index (species mix, weighed averages) please go here: https://madisonsreport.com/madisons-lumber-prices-index-a-powerful-tool-for-data-driven-decision-making/ About Madison’s Lumber Reporter Established in 1952, Madison’s Lumber […]
The SLB Generated 439 MM BF of Incremental Demand in Q1 2023
The SLB recently published its 2023 Q1 Report, detailing the SLB and its funded programs’ outstanding results across all centers of excellence. For the first time, the SLB’s quarterly report is available as an interactive and engaging webpage that provides a high level of detail on each focus area. Q1 2023 showed the outcome of […]
OrePac Building Products Expands Manufacturing Capacity Across the West Coast
OrePac Building Products, a wholesale supplier of interior and exterior building materials, announced today the purchase of a 40-acre/130,000 square foot facility near Roseburg, OR for the purpose of manufacturing moulding and millwork products. “OrePac has been committed to being the building industry’s most valued partner for more than 45 years,” said Brad Hart, president […]
SRS Distribution Announces Expansion in Nevada
SRS Distribution Inc. (“SRS”) announced today that it has acquired Washoe Building Supply Inc. (“Washoe” or the “Company”), a distributor of residential & commercial roofing products. Terms of the agreement were not disclosed. Headquartered in Sparks, Nevada, Washoe was founded in 1981 and is currently owned and operated by Scott McGrath, Zach McGrath, and Christina […]
Building Gurus: How To Deal When Your Company’s Reputation Stinks
Being a recruiter in the residential building products industry has big perks for me. I get to meet interesting people, it fills my natural curiosity and I really do love helping companies hire better. Sometimes, though, it isn’t all sunshine and roses. I highly respect my clients and idealize them a bit. I have to in order to show everything in […]
Paxton Lumber Announces San Antonio Merger
Frank Paxton Lumber Co. is pleased to announce the merger of two industry leaders serving manufacturers of cabinets, furniture, architectural woodwork, and other wood products in San Antonio. In order to provide a more comprehensive product assortment and extensive range of support services and expertise, two distribution branches in San Antonio will be combined into […]
Apogee Enterprises Reports Fiscal 2024 First Quarter Results
Apogee Enterprises, Inc. (the “Company”) announced its fiscal 2024 first-quarter results. Net sales grew 1.4% to $361.7 million, led by strong growth in Architectural Glass, partially offset by lower net sales in Architectural Services. Diluted earnings per share (“EPS”) increased 5% to $1.05, primarily driven by improved profitability in Architectural Glass. Ty R. Silberhorn, Chief Executive Officer, […]
CPKC Publishes 2022 Sustainability Data Report
Canadian Pacific Kansas City (“CPKC”) published its 2022 Sustainability Data Report, providing highlights of the individual sustainability developments of Canadian Pacific (“CP”) and Kansas City Southern (“KCS”) for the year 2022. The report also offers insights into CPKC’s approach to the integration of the recently combined companies, CP and KCS, from an environmental, social and […]