Woodworking

Hardwood fiber costs for pulp mills worldwide increased modestly at the end of 2020 but were still substantially lower in many markets compared to late 2019

Friday, May 14, 2021 - 8:13pm

b"STOCKHOLM, May 14, 2021 /PRNewswire/ -- Increased demand for hardwood fiber in key pulp-producing countries and a weaker US dollar resulted in higher hardwood pulplogs prices in the 4Q/20.

Key Points: 
  • b"STOCKHOLM, May 14, 2021 /PRNewswire/ -- Increased demand for hardwood fiber in key pulp-producing countries and a weaker US dollar resulted in higher hardwood pulplogs prices in the 4Q/20.
  • The significant increase in byproducts generated by Germany's lumber producers has positively impacted the total softwood fiber costs for the pulp industry in the region.
  • The reduced fiber prices are good news for German pulp producers as wood fiber costs account for almost 50% of the manufacturing costs.\nSoftwood fiber price changes were mixed over the past year.
  • When averaged out, there was ultimately a slight rise in the Global Softwood Fiber Price Index (SFPI) during 2020.

Hardwood fiber costs for pulp mills worldwide increased modestly at the end of 2020 but were still substantially lower in many markets compared to late 2019

Friday, May 14, 2021 - 8:09pm

b"STOCKHOLM, May 14, 2021 /PRNewswire/ -- Increased demand for hardwood fiber in key pulp-producing countries and a weaker US dollar resulted in higher hardwood pulplogs prices in the 4Q/20.

Key Points: 
  • b"STOCKHOLM, May 14, 2021 /PRNewswire/ -- Increased demand for hardwood fiber in key pulp-producing countries and a weaker US dollar resulted in higher hardwood pulplogs prices in the 4Q/20.
  • The significant increase in byproducts generated by Germany's lumber producers has positively impacted the total softwood fiber costs for the pulp industry in the region.
  • The reduced fiber prices are good news for German pulp producers as wood fiber costs account for almost 50% of the manufacturing costs.\nSoftwood fiber price changes were mixed over the past year.
  • When averaged out, there was ultimately a slight rise in the Global Softwood Fiber Price Index (SFPI) during 2020.

EAS Carpenters Host Customer Service Training in Preparation for Philadelphia Flower Show 2021

Thursday, May 13, 2021 - 9:36pm

b'Philadelphia, PA, May 13, 2021 (GLOBE NEWSWIRE) -- On Thursday, May 13th, the Eastern Atlantic States Regional Council of Carpenters (EASRCC) hosted their Customer Service Training and COVID-19 Preparedness Training Class for members assisting with the set-up of the upcoming 2021 Flower Show.\n\xe2\x80\x9cThis program is a proud accomplishment that provides carpenters, contractors and industry leaders with the confidence they need to return to business safely,\xe2\x80\x9d said EASRCC Executive Secretary-Treasurer, William Sproule.\nThe Philadelphia Flower Show has always been a major event for the City of Philadelphia and a step in the right direction towards reopening the economy safely.

Key Points: 
  • b'Philadelphia, PA, May 13, 2021 (GLOBE NEWSWIRE) -- On Thursday, May 13th, the Eastern Atlantic States Regional Council of Carpenters (EASRCC) hosted their Customer Service Training and COVID-19 Preparedness Training Class for members assisting with the set-up of the upcoming 2021 Flower Show.\n\xe2\x80\x9cThis program is a proud accomplishment that provides carpenters, contractors and industry leaders with the confidence they need to return to business safely,\xe2\x80\x9d said EASRCC Executive Secretary-Treasurer, William Sproule.\nThe Philadelphia Flower Show has always been a major event for the City of Philadelphia and a step in the right direction towards reopening the economy safely.
  • The Carpenters are providing this training to ensure one of the premier convention industry events of 2021 is built by the best trained and most skilled workforce in the country.\nIn attendance to see the training was Mayor Jim Kenney, Deputy Mayor of Labor Richard Lazer, Chief of Shows and Events for the Horticultural Society Sam Lemheney, City Councilmember Mark Squilla, CEO of Trade Show Solution Center Laura Palker and Vice Chair Board of Commissioners of Chester County, Josh Maxwell.\n\xe2\x80\x9cEstablishing a well-trained workforce is our number one priority and one we don\xe2\x80\x99t take lightly,\xe2\x80\x9d Director of the Carpenter Contractor Trust, Odie Parkins, stated during the training session, \xe2\x80\x9cOur ability to provide the best customer experience is our ability to provide for our families.
  • The Philly Carpenters are ready to provide world class service and best serve our city.\xe2\x80\x9d\nThe Philadelphia Flower Show will take place June 5th-13th.
  • Construction for the event begins soon.\n'

Homeowners and renovators use Tover products for sustainable wood finishes and care

Wednesday, May 12, 2021 - 6:37pm

This shortage has caused a rise in prices, impeded housing and economic growth which in turn has hurt home buyers, home builders and home renovators.

Key Points: 
  • This shortage has caused a rise in prices, impeded housing and economic growth which in turn has hurt home buyers, home builders and home renovators.
  • Tover offers solution for homeowners, interior designers, and renovators that want to update their interior and exterior wood surfaces.
  • With many people wanting to beautify their outdoor living areas, the price and availability of lumber for exterior has also risen significantly.
  • has been developing, producing, importing and combining custom wood flooring products from Europe, for installation into luxury designer projects around the world.

Karora Extends New Larkin Zone to Over 650 Metres with Strong Infill and Step-out Drilling, Including 7.6 g/t Gold over 5.8 Metres

Wednesday, May 12, 2021 - 1:13pm

The results form part of an infill and step-out drilling program designed to convert the Larkin Zone discovery (see Karora news release dated September 10, 2020) into Mineral Resources.

Key Points: 
  • The results form part of an infill and step-out drilling program designed to convert the Larkin Zone discovery (see Karora news release dated September 10, 2020) into Mineral Resources.
  • "\nThe Larkin Zone is interpreted as the faulted southern offset of the Western Flanks zone (Figure 1).
  • Drill results have now confirmed mineralization over 500 metres along strike and 120 metres below the ultramafic/basalt contact (down dip).
  • The 1940 face samples extend the Larkin Zone 150 metres north of reported drill results for a total strike length of 650 metres.

Glenn Rieder LLC acquires Palm City Millwork of Palm City, FL

Monday, May 10, 2021 - 4:08pm

b'MILWAUKEE, May 10, 2021 /PRNewswire/ -- Milwaukee, Wis, - based Glenn Rieder LLC has acquired Palm City Millwork, Palm City, Florida.

Key Points: 
  • b'MILWAUKEE, May 10, 2021 /PRNewswire/ -- Milwaukee, Wis, - based Glenn Rieder LLC has acquired Palm City Millwork, Palm City, Florida.
  • Founded in 1987, Palm City Millwork is a leading manufacturer of custom millwork products including doors, windows, moldings, trims and shutters for the high-end residential market.
  • Palm City primarily sells its millwork products to residential builders of custom homes on the Atlantic Coast of South Florida.\nPalm City maintains 76,000 sq.
  • ft. of manufacturing, office and showroom space in Palm City, FL.\nGlenn Rieder LLC is a custom architectural millwork manufacturer and commercial interior contractor serving all major markets across the United States.

Generational Equity Advises Steel City Bolt & Screw in Sale to Birmingham Fastener

Monday, May 10, 2021 - 1:15pm

b'Generational Equity , a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of Steel City Bolt & Screw, LLC to Birmingham Fastener & Supply, Inc. (Birmingham Fastener).

Key Points: 
  • b'Generational Equity , a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of Steel City Bolt & Screw, LLC to Birmingham Fastener & Supply, Inc. (Birmingham Fastener).
  • The acquisition closed April 23, 2021.\nFounded in 1968, Steel City Bolt & Screw, LLC (SCBS), located in Birmingham, Alabama, is a specialty manufacturer of structural fasteners for a variety of industries across the United States and Canada.
  • This equipment will assist in our expansion into the Carolinas and continue to expand our east coast footprint.
  • For more information, visit https://www.genequityco.com/ or the Generational Equity press room .\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210510005090/en/\n'

Builders FirstSource Acquires John’s Lumber, Gaining Distribution in Another Top 50 MSA and Scale That Will Benefit Existing Operations Throughout Michigan

Friday, May 7, 2021 - 6:00pm

Revenue for the last twelve months is approximately $49 million.\n\xe2\x80\x9cI\xe2\x80\x99m happy to welcome Bill Brys and all of his team members to Builders FirstSource.

Key Points: 
  • Revenue for the last twelve months is approximately $49 million.\n\xe2\x80\x9cI\xe2\x80\x99m happy to welcome Bill Brys and all of his team members to Builders FirstSource.
  • Additionally, the acquisition provides scale that will benefit our 14 current locations throughout Michigan and allow for expansion in our value-added product offerings.
  • Builders FirstSource understood the needs of our family and was very easy to work with throughout this process.
  • Builders FirstSource also distributes dimensional lumber and lumber sheet goods, millwork, windows, interior and exterior doors, and other building products.

Golden Tag Intersects 286.02 g/t Ag.Eq Over 18.43 m and Identifies Mineralized Skarn Shoots 265 m above Fernandez Zone

Thursday, May 6, 2021 - 6:46pm

Reviewing these results and our overall model with Orix Geoscience has the Company encouraged that this geologic discovery could potentially be repeated in other areas over the Fernandez Zone.

Key Points: 
  • Reviewing these results and our overall model with Orix Geoscience has the Company encouraged that this geologic discovery could potentially be repeated in other areas over the Fernandez Zone.
  • Particularly prospective is the eastern side of Fernandez, and the mineralization associated within the Montanez Zone.\xe2\x80\x9d\nA total of 4,510 m of diamond drilling has been completed in eight holes.
  • Results from holes 20-51, 21-52A and 21-53 were reported in the Company\xe2\x80\x99s news release from April 14, 2021.
  • This second zone contains a richer brecciated zone of green and brown garnet exoskarn which yielded 18.43 m @ 286.02 g/t Ag.Eq (370.47 to 388.90 m).

Builders FirstSource Reports Record First Quarter 2021 Results

Thursday, May 6, 2021 - 12:00pm

b'DALLAS, May 06, 2021 (GLOBE NEWSWIRE) -- Builders FirstSource, Inc. (Nasdaq: BLDR) today reported its results for the first quarter ended March 31, 2021.

Key Points: 
  • b'DALLAS, May 06, 2021 (GLOBE NEWSWIRE) -- Builders FirstSource, Inc. (Nasdaq: BLDR) today reported its results for the first quarter ended March 31, 2021.
  • "\nNet sales for the first quarter ending March 31, 2021 were $4.2 billion, a 54.1% increase compared to a combined pro forma year ago.
  • Builders FirstSource also distributes dimensional lumber and lumber sheet goods, millwork, windows, interior and exterior doors, and other building products.
  • All forward-looking statements are based upon information available to Builders FirstSource, Inc. on the date this release was submitted.