Forest Products

BlueLinx to Host Fourth Quarter and Full Year 2023 Results Conference Call and Webcast on February 21, 2024

Retrieved on: 
Wednesday, February 7, 2024

BlueLinx Holdings Inc. (NYSE: BXC), a leading U.S. wholesale distributor of building products, will issue fourth quarter and full year 2023 financial results after the market closes on Tuesday, February 20, 2024.

Key Points: 
  • BlueLinx Holdings Inc. (NYSE: BXC), a leading U.S. wholesale distributor of building products, will issue fourth quarter and full year 2023 financial results after the market closes on Tuesday, February 20, 2024.
  • A conference call to discuss the Company’s results will be hosted by Shyam Reddy, President and Chief Executive Officer, and Andy Wamser, Chief Financial Officer, on Wednesday, February 21, 2024, at 10:00 AM ET.
  • A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of the BlueLinx website at https://investors.bluelinxco.com , and a replay of the webcast will be available shortly after the webcast is complete.
  • To participate in the live teleconference:

Boise Cascade Company Announces Quarterly Dividend of $0.20 Per Share

Retrieved on: 
Tuesday, February 6, 2024

Boise Cascade Company’s (Boise Cascade or the Company) (NYSE: BCC) Board of Directors has declared a quarterly dividend of $0.20 per share to holders of its common stock.

Key Points: 
  • Boise Cascade Company’s (Boise Cascade or the Company) (NYSE: BCC) Board of Directors has declared a quarterly dividend of $0.20 per share to holders of its common stock.
  • The dividend will be paid on March 15, 2024 to stockholders of record on February 23, 2024.
  • Future dividend declarations, including amount per share, record date and payment date, will be made by the board of directors and will depend upon, among other things, legal capital requirements and surplus, the Company’s future operations and earnings, general financial condition, material cash requirements, restrictions imposed by our asset-based credit facility and the indenture governing our senior notes, applicable laws, and other factors as the board of directors may deem relevant.

Philip Morris International Received Fourth Consecutive CDP ‘Triple-A’ Rating for Climate, Forest, and Water

Retrieved on: 
Tuesday, February 6, 2024

For the fourth consecutive year, Philip Morris International Inc. (PMI) (NYSE: PM) has received a “triple-A” rating from CDP for its disclosures on climate change, forests, and water security—placing PMI among the world’s leading companies in environmental transparency and action.

Key Points: 
  • For the fourth consecutive year, Philip Morris International Inc. (PMI) (NYSE: PM) has received a “triple-A” rating from CDP for its disclosures on climate change, forests, and water security—placing PMI among the world’s leading companies in environmental transparency and action.
  • PMI’s efforts to halt deforestation, moving to zero net deforestation in managed forests by 2030, have further been recognized by CDP, which placed the company on its Forests A List for the fourth consecutive year.
  • “External recognition from organizations like CDP encourages us to continue our transformation journey and commitment to sustainability.
  • We are pleased PMI has received CDP’s ‘triple-A’ distinction for the fourth consecutive time,” said Scott Coutts, Senior Vice President of Operations.

Kahuna Partners with PXO to Accelerate Workforce Competency Within Norway’s Thriving Energy Sector

Retrieved on: 
Tuesday, February 6, 2024

Kahuna Workforce Solutions , the leading provider of skills and competency management software, has formed a strategic partnership with Norwegian operating services provider PXO AS to accelerate workforce competency in Norway’s booming energy sector, which is a significant stabilizer of the world’s oil and gas supply, particularly in meeting European demand.

Key Points: 
  • Kahuna Workforce Solutions , the leading provider of skills and competency management software, has formed a strategic partnership with Norwegian operating services provider PXO AS to accelerate workforce competency in Norway’s booming energy sector, which is a significant stabilizer of the world’s oil and gas supply, particularly in meeting European demand.
  • The two companies, both of which already have established customers in Norway, have identified opportunities to jointly support the region’s growing demand for technically skilled professionals in the energy sector.
  • “PXO represents everything we look for in a partner as we strive to ensure successful and rapid adoption of competency-based training and development programs,” said Jai Shah, CEO of Kahuna Workforce Solutions.
  • “Just as we serve as a bridge between project and operation phases, Kahuna equips enterprises with validated competency data,” said Leif Olav Moe, CEO of PXO.

Kao Rated Triple-A for Climate Change, Water Security, and Forests for Fourth Consecutive Year by CDP

Retrieved on: 
Tuesday, February 6, 2024

Kao, a leading manufacturer of personal care, household, and cosmetics products, received the highest triple-A score for its sustainability initiatives involving climate change, forests, and water security.

Key Points: 
  • Kao, a leading manufacturer of personal care, household, and cosmetics products, received the highest triple-A score for its sustainability initiatives involving climate change, forests, and water security.
  • More than 21,000 firms were evaluated for the ‘A List’, with only 10 selected for inclusion across the three categories.
  • Kao has now been included in the Climate Change ‘A List’ for the fifth time, the Forests ‘A List’ for the fourth time, and the Water Security ‘A List’ for the seventh time.
  • In the forests area, Kao has created a “Palm Oil Dashboard” on its website, which provides information on its palm oil procurement activities.

UFP Industries announces quarterly dividend of $0.33 per share

Retrieved on: 
Monday, February 5, 2024

On February 1, 2024, the Board of Directors of UFP Industries, Inc. (Nasdaq: UFPI) approved a quarterly dividend payment of $0.33 per share, a 10 percent increase over the quarterly dividend of $0.30 per share paid in December 2023 and a 32 percent increase over the quarterly dividend of $0.25 per share paid in March 2023.

Key Points: 
  • On February 1, 2024, the Board of Directors of UFP Industries, Inc. (Nasdaq: UFPI) approved a quarterly dividend payment of $0.33 per share, a 10 percent increase over the quarterly dividend of $0.30 per share paid in December 2023 and a 32 percent increase over the quarterly dividend of $0.25 per share paid in March 2023.
  • The dividend is payable on March 15, 2024, to shareholders of record on March 1, 2024.
  • “Our strong cash flow not only allows us to invest in growing UFP Industries to generate even greater returns, but to share our success through these dividends.
  • UFP Industries is ranked #403 on the Fortune 500 and #149 on Industry Week’s list of America’s Largest Manufacturers.

DXP Enterprises, Inc. Announces Acquisition of Kappe Associates, Inc.

Retrieved on: 
Monday, February 5, 2024

DXP Enterprises, Inc. (NASDAQ: DXPE) today announced that it has completed the acquisition of Kappe Associates, Inc. (“Kappe”).

Key Points: 
  • DXP Enterprises, Inc. (NASDAQ: DXPE) today announced that it has completed the acquisition of Kappe Associates, Inc. (“Kappe”).
  • Kappe is a leading distributor and manufacturers representative of pumps, controls and process equipment focused on serving the water and wastewater industry.
  • DXP funded the acquisition with cash from the balance sheet.
  • “We are pleased to announce the acquisition of Kappe and start the year with great additions to our water and wastewater growth efforts.

Paul Smith’s College Receives $1 Million Award From Northern Border Regional Commission’s Forest Economy Program

Retrieved on: 
Thursday, February 1, 2024

Paul Smith’s College , today announced it has secured a $1 million grant from the 2023 Forest Economy Program, backed by New York Governor Kathy Hochul and the Northern Border Regional Commission (NBRC).

Key Points: 
  • Paul Smith’s College , today announced it has secured a $1 million grant from the 2023 Forest Economy Program, backed by New York Governor Kathy Hochul and the Northern Border Regional Commission (NBRC).
  • This grant will enable Paul Smith’s College to make essential infrastructure improvements on its rural campus in Franklin County, New York — an investment that will strengthen the institution's ongoing commitment to maintain and grow the regional forest economy and forestry-related industries.
  • “Receiving this award from the NBRC is a testament to Paul Smith’s College's pivotal role in advancing sustainable practices and contributing to the vitality of the forest economy in New York State,” said Dan Kelting, President of Paul Smith’s College.
  • In addition to the $1 million Forest Economy Program grant, Paul Smith’s College has received nearly $3 million in other federal funding, demonstrating its dedication to researching and advocating efforts that improve the planet and the lives that inhabit it.

ERIKS North America Transforms into LGG Industrial: A New Chapter in Industrial Distribution

Retrieved on: 
Thursday, February 1, 2024

ERIKS North America, a longstanding leader in fluid handling, sealing, and material conveyance solutions, announced today that it is rebranding to LGG Industrial.

Key Points: 
  • ERIKS North America, a longstanding leader in fluid handling, sealing, and material conveyance solutions, announced today that it is rebranding to LGG Industrial.
  • LGG Industrial captures the knowledge, experience, and reputation that serve as the foundation of the company.
  • As the industry continues to evolve, LGG Industrial remains a steadfast partner dedicated to preventing downtime and enhancing operational performance.
  • “LGG Industrial is the standard under which we will continue our unwavering dedication and service to the North American industrial market.”
    For more information on LGG Industrial and to understand how the company can enhance business efficiency, please visit www.lggindustrial.com .

The St. Joe Company Announces Record Setting Performance in 2023 and Growth Across All Three Segments

Retrieved on: 
Thursday, February 1, 2024

Joe” or the “Company”) announces record setting performance in 2023 with growth across all segments of the Company.

Key Points: 
  • Joe” or the “Company”) announces record setting performance in 2023 with growth across all segments of the Company.
  • St. Joe achieved all-time record activity in a number of key metrics in its residential, hospitality and commercial segments.
  • “St.
  • The Company expects to release its fourth quarter and full year 2023 results after the market close on Wednesday, February 21, 2024.