The AZEK® Company Inc. appoints Brian Spaly, Executive Chairman of Tecovas, to its Board of Directors.
Composite Technology International (CTI) has announced that Todd Stemler has been named CFO replacing Rande Willison, who previously held this role with the company. This role will be managed from their Sacramento headquarters.
US LBM Holdings, LLC has acquired Maner Builders Supply, a multifaceted building products dealer that operates locations in Augusta, Georgia and Aiken and Charleston, South Carolina. With this acquisition, US LBM now operates 22 locations across the Carolinas and in Georgia.
Builders FirstSource's 2Q 2020 net sales were $1.9 billion, a 2.2% increase compared to a year ago. 2Q 2020 net income was $78.9 million, or $0.67 per diluted share, compared to $66.6 million, or $0.57 per diluted share, in the same period a year ago.
Trex Company, Inc. appoints Laura Rygielski Preston as president of Trex Commercial Products, Inc. Rygielski Preston takes over management of the company’s commercially focused subsidiary, which includes two Minneapolis-based businesses – Trex Commercial Products, a national leader in architectural railing systems, and...
Goodfellow Inc. reported 2Q 2020 net income of $3.4 million or $0.40 per share compared to a net income of $1.9 million or $0.22 per share a year ago. Consolidated sales were $103.8 million compared to $123.7 million last year.
UFP Industries, Inc. (UFPI) announced record net earnings of $66.5 million for the 2Q 2020, as well as record EPS of $1.08 per diluted share, a 23% increase over the same period of 2019.
Atlas Engineered Products has completed the acquisition of selected assets of Trusstem Industries Inc., marking a major milestone in AEP's plans for expansion into the Lower Mainland region of British Columbia, Canada.
The selected assets will be purchased at a price of $350,000, payable in cash, with 50% of the purchase price to be paid on closing and the remaining 50% payable in equal monthly installments over 3 years.
Nominations now open for the 2021 U.S. Wood Design Awards. The deadline for nominations is September 30, 2020.
Maibec officially acquires the CanExel brand and its production facility located in East River, Nova Scotia, Canada. Both the brand and the facility have been owned by LP Building Solutions for over 20 years. CanExel will now be sold under the name Maibec CanExel.
Wood products company Setra is supplying the cross-laminated timber frames for Cederhusen, Sweden’s largest housing development in mass timber. This will be Setra’s first major delivery of crosslam structural panels from its brand new factory in Långshyttan, Sweden.
Last year, BC government announced its intention to encourage the increased use of mass timber building products in its capital construction programs, particularly in the development of the new St. Paul’s Hospital and the replacement of the Royal BC Museum.
Four wooden, multi-storey apartment buildings with Kerto LVL (laminated veneer lumber) elements are being built in the Linnanfältti area in Turku, Finland, and the third of them is under construction now. Linnanfältti is a modern, wooden residential area in the centre of Turku, close to Turku Castle and the Port of Tur...
AZEK launches initial public offering of 31,250,000 shares of its Class A common stock following its conversion into a corporation. The initial public offering price is currently expected to be between $19.00 and $21.00 per share of Class A common stock. The underwriters will have a 30-day option to purchase an additio...
Vida Building appointed Henrik Thuresson as new CEO. Former CEO Johan Blixt is now taking on a new role as as CEO of Vida's sawmill in Tranemo, Sweden.
The report features all stages of the supply chain, starting at the forest level, addressing sustainability and harvest potential. It then moves into actual product lines such as cross-laminated timber, glulam and other innovative building materials.
Professional Builders Supply, LLC has acquired a majority interest in SouthEnd Exteriors, Inc. Jamie Oliver and Ryan Roberts, the owners of SouthEnd, will continue to lead and manage the operation under the SouthEnd Exteriors name.
AEP expects its newly installed and commissioned plant to be ready for the first wall panel products by the last two weeks of June 2020.
Roope Säteri has started as the Sales Manager in Junnikkala where he will be responsible for European sales.