In the week ending October 27, 2023, the price of Western S-P-F 2×4 #2&Btr KD (RL) was US$380 mfbm, said forest products industry price guide newsletter Madison’s Lumber Reporter. This is up by +$6, or +2%, from the previous week when it was $374. That week’s price is down by -$33, or -8%, from one […]
Masonite International Corporation Reports Third Quarter Results
Masonite International Corporation (“Masonite” or the “Company”) (NYSE: DOOR) today announced results for the three and nine months ended October 1, 2023. ($ in millions, except per share amounts) 3Q23 3Q22 % Change YTD 2023 YTD 2022 % Change Net sales $702 $728 (4%) $2,170 $2,216 (2%) Net income attributable to Masonite $41 $57 (27%) […]
Toll Brothers Campus Living and The Davis Companies Joint Venture to Develop 680-Bed Luxury Student Housing Community in Orlando, Florida
JV Secures $50 Million Construction Loan from TD Bank, N.A. Toll Brothers, Inc. (NYSE: TOL) (TollBrothers.com), the nation’s leading builder of luxury homes, through its Toll Brothers Campus Living student housing rental division, and Boston-based real estate investment, development and management firm The Davis Companies (Davis), announced a new joint venture to develop Aperture, a 680-bed (204-unit), two-building, five-story multifamily rental […]
RYAM Announces Third Quarter 2023 Results
Updates 2023 EBITDA and Raises Free Cash Flow Guidance Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company”) reported a net loss of $25 million, or $(0.39) per diluted share, for the quarter ended September 30, 2023, compared to net income of $30 million, or $0.45 per diluted share, for the prior year quarter. Loss from continuing operations for the quarter ended September 30, 2023 was $27 million, […]
Mike Cook Named Regional Manager at McCoy’s Building Supply
McCoy’s Building Supply recently announced the promotion of Mike Cook to Regional Manager. He will oversee twelve stores in the greater Houston area. Cook, a graduate of Texas State University, started his career with McCoy’s 13 years ago as part of the company’s Management Development Program working at the Tomball, Texas store. He honed his […]
Owens Corning’s Philanthropic Roof Deployment Project Crosses Milestone of Providing 500 Free Roofs to U.S. Veterans
Program will be celebrated Nov. 8 with free roof installation for Toledo-area veteran More than 500 U.S. military veterans and their loved ones are protected from the elements under high-quality roofs provided to them at no cost through the Owens Corning (NYSE: OC) Roof Deployment Project, which is delivered through the company’s national Platinum Preferred […]
Weyerhaeuser Announces New “THRIVE” Program to Support Rural Operating Communities
Weyerhaeuser Company (NYSE: WY) today announced the launch of a new program that will provide targeted support to five of its rural operating communities, starting with Zwolle, La., and the northwest Louisiana region. The new program, called THRIVE, involves a commitment from Weyerhaeuser to invest $1 million in each community over the next several years. As […]
CoreLogic: US Annual Home Price Growth Speeds Up in September, Reflecting Early 2023 Gains
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released the CoreLogic Home Price Index (HPI™) and HPI Forecast™ for September 2023. U.S. single-family home prices rose by 4.5% year over year in September, the largest such gain since February. The Northeast continued to post the strongest appreciation, with Maine seeing a 10.1% annual increase, […]
James Hardie Industries Announces Second Quarter Fiscal Year 2024 Results
Record Adjusted Net Income of US$178.9 Million Record First Half Operating Cash Flow of US$459.1 Million Q3 Adjusted Net Income Guidance of US$165 Million to US$185 Million Announces New US$250 Million Share Buyback Program James Hardie Industries plc (“James Hardie”), announced results for its second quarter ending 30 September 2023. Second Quarter Fiscal Year 2024 Highlights, […]
Conifex Announces Third Quarter 2023 Results
Conifex Timber Inc. (“Conifex”, “we” or “us”) reported results for the third quarter ended September 30, 2023. EBITDA* was negative $6.7 million for the quarter compared to EBITDA of $4.2 million in the third quarter of 2022. The third quarter results were favourably impacted by $1.7 million in recoveries of duty deposit overpayments which were […]