LMC is pleased to announce the appointment of Jacques Vauclain as the new Vice President of Finance. Jacques brings a wealth of experience and expertise to his new role based on a distinguished career at world-class companies in multiple industries. During his tenure at Vanguard, Jacques held several key positions, including overseeing the finance function […]
Commercial Metals Company Reports Third Quarter Fiscal 2023 Results
Commercial Metals Company (“CMC” or the “Company”) announced financial results for its fiscal third quarter ended May 31, 2023. Net earnings were $234.0 million, or $1.98 per diluted share, on net sales of $2.3 billion, compared to prior year period net earnings of $312.4 million, or $2.54 per diluted share, on net sales of $2.5 billion. During the third quarter of fiscal 2023, […]
Canadian Tire Corporation and Microsoft Partner to Advance Retail Innovation in Canada
Canadian Tire Corporation (CTC) and Microsoft announced a flagship strategic retail partnership to drive innovation across Canada’s retail industry and contribute to the country’s overall advancement and adoption of new technology. Through this seven-year partnership, CTC will leverage Microsoft Azure to modernize its systems and infrastructure and utilize direct access to Microsoft’s trusted cloud products […]
The Home Depot Sets Goal for Battery-powered Products to Represent over 85% of Outdoor Lawn Equipment Sales by 2028
The Home Depot expects that by the end of fiscal year 2028, more than 85% of U.S. and Canada’s sales in outdoor power equipment, specifically push lawn mowers and handheld outdoor equipment like leaf blowers and trimmers, will run on rechargeable battery technology instead of gas. This transition will reduce over 2,000,000 metric tons of greenhouse gases annually from […]
PGT Innovations Unveils New Corporate Showroom With Ribbon-Cutting
PGT Innovations, a national leader in the premium window, door, and garage door industry, unveiled its new corporate showroom this week, celebrating the event with a ribbon-cutting ceremony. Located at the company’s corporate headquarters in North Venice, Fla., the new 2,400-square-foot showroom serves as an immersive experience that utilizes vignettes of various rooms in a home […]
PaperWorks Acquires The Standard Group
PaperWorks Industries Inc. has completed the acquisition of The Standard Group. Founded in 1932, The Standard Group is a converter of custom printed paperboard packaging with a manufacturing location in Louisville, Kentucky. “The Standard Group aligns well with PaperWorks in terms of emphasizing quality and innovation while serving customers which value sustainable, paper-based packaging,” says […]
JCHS: Home Prices and Rents Remain High, as Steep Interest Rates Lock Homeowners in Place and Slow Construction
The sharp interest rate hikes over the past year continue to impact housing markets and affordability for both homeowners and renters across the US, according to The State of the Nation’s Housing 2023, a new report from the Harvard Joint Center for Housing Studies released today. Rising mortgage costs have pushed homeownership out of reach for millions of […]
West Fraser Releases 2022 Sustainability Report
West Fraser Timber Co. Ltd. (“West Fraser” or the “Company”) released its 2022 Sustainability Report, providing a comprehensive disclosure on topics such as climate action, sustainable forestry and environmental performance as well as a newly developed social performance strategy outlining priorities in areas including safety, diversity, equity and inclusion and Indigenous relations. “As a company […]
NAR CEO Bob Goldberg to Retire at the End of 2024
Goldberg will culminate 30-year career at NAR, where he’s served as CEO since August 2017 National Association of Realtors® Chief Executive Officer Bob Goldberg will retire when his current contract expires, effective December 31, 2024. Goldberg will close his career after serving 30 years at NAR and more than four decades in U.S. real estate. […]
Eastern Engineered Wood Products Announces Expansion and New Distribution Center
Eastern Engineered Wood Products, a wholesale distributor of structural wood products used in residential and light-commercial construction, announces a new Distribution Center in the Anderson, SC area. The new site is located adjacent to Interstate 85 in Pelzer, SC. and will expand the Company’s delivery footprint from Western Connecticut to North Georgia and Eastern Tennessee. […]