Builders hardware

Tecnoglass To Become Carbon Neutral Effective 2023 Through Ongoing Green Energy Investments and Proactive Actions to Offset Emissions

Retrieved on: 
Wednesday, May 31, 2023

Barranquilla, Colombia, May 31, 2023 (GLOBE NEWSWIRE) -- Tecnoglass, Inc. (NYSE: TGLS) (“Tecnoglass” or the “Company”), a leading manufacturer of architectural glass, windows, and associated aluminum products serving the global residential and commercial end markets, today announced it has proactively invested to offset the totality of its Scope 1 and Scope 2 carbon emissions as established by the GHG Protocol developed by the World Business Council for Sustainable Development. As part of its sustainability strategy and its goal of becoming carbon neutral, the Company has invested in carbon credits from third-party renewable energy projects equivalent to the carbon captured by over 850,000 trees.

Key Points: 
  • As part of its sustainability strategy and its goal of becoming carbon neutral, the Company has invested in carbon credits from third-party renewable energy projects equivalent to the carbon captured by over 850,000 trees.
  • Tecnoglass is currently assessing the 2022 impact and expects to invest further to achieve 2022 carbon neutrality by the third quarter of 2023.
  • The positive effects of Tecnoglass on the environment go well beyond its effort into carbon neutrality.
  • Through this proactive investment we have positioned Tecnoglass to be a carbon neutral company well ahead of regional and global timetables and mandates,” said Christian Daes, COO of Tecnoglass.

Installed Building Products Announces the Election of Marchelle E. Moore to Its Board of Directors

Retrieved on: 
Tuesday, May 30, 2023

Installed Building Products, Inc. (the “Company” or “IBP”) (NYSE: IBP), an industry-leading installer of insulation and complementary building products, today announced that Marchelle E. Moore was elected as an independent director to the Company’s Board of Directors at the Company's 2023 Annual Meeting.

Key Points: 
  • Installed Building Products, Inc. (the “Company” or “IBP”) (NYSE: IBP), an industry-leading installer of insulation and complementary building products, today announced that Marchelle E. Moore was elected as an independent director to the Company’s Board of Directors at the Company's 2023 Annual Meeting.
  • After six years of service, Vikas Verma retired from the Board of Directors and did not stand for re-election.
  • The Company's Board of Directors remains at nine members.
  • Ms. Moore currently serves on the Governing Committee of The Columbus Foundation and the Independent Review Panel of JobsOhio.

New CRL Web-Based Shower Design Estimating Software Makes Design and Ordering Easier, Faster, More Accurate

Retrieved on: 
Thursday, May 25, 2023

Designed to improve the ease, efficiency, and accuracy with which customers design shower enclosures and order CRL products online, CRL has launched its new browser-based Showers Online® estimating software.

Key Points: 
  • Designed to improve the ease, efficiency, and accuracy with which customers design shower enclosures and order CRL products online, CRL has launched its new browser-based Showers Online® estimating software.
  • View the full release here: https://www.businesswire.com/news/home/20230525005273/en/
    Showers Online estimating software from CRL improves the ease, efficiency, and accuracy with which contractors design shower enclosures and order CRL products online.
  • (Photo: Business Wire)
    The Showers Online software eliminates the time-consuming process of manually calculating shower enclosure glass sizes, gaps, hardware locations, and tolerances.
  • Simply input field measurements, and CRL’s shower design software will calculate final glass sizes, door hinge and handle locations, miters, and more.

Level Partners With Rejuvenation To Bring Invisible Smart Lock Technology To Timelessly Designed Door Sets

Retrieved on: 
Wednesday, May 10, 2023

Level Home Inc. , the company redefining the smart home experience, has teamed up with home goods brand Rejuvenation to equip its timelessly designed, customizable door sets with Level’s best-in-class, invisible smart home technology.

Key Points: 
  • Level Home Inc. , the company redefining the smart home experience, has teamed up with home goods brand Rejuvenation to equip its timelessly designed, customizable door sets with Level’s best-in-class, invisible smart home technology.
  • The lineup incorporates Level’s award-winning Level Bolt , the first and only invisible smart lock that installs on the inside of a door, to make Rejuvenation’s high-quality, exterior door sets smart, with zero sacrifice to design.
  • Adding to the line of more than 30 door sets that have been rolling out since January this year, Rejuvenation and Level are announcing five new collections today.
  • The new door sets will be available in Rejuvenation’s signature finishes – Aged Brass, Oil-Rubbed Bronze, and Polished Nickel:
    This press release features multimedia.

Installed Building Products Reports Record First Quarter 2023 Results; Declares Regular Quarterly Cash Dividend

Retrieved on: 
Thursday, May 4, 2023

Installed Building Products, Inc. (the "Company" or "IBP") (NYSE: IBP), an industry-leading installer of insulation and complementary building products, today announced results for the first quarter ended March 31, 2023.

Key Points: 
  • Installed Building Products, Inc. (the "Company" or "IBP") (NYSE: IBP), an industry-leading installer of insulation and complementary building products, today announced results for the first quarter ended March 31, 2023.
  • IBP’s Board of Directors has approved the Company’s quarterly cash dividend of $0.33 per share, payable on June 30, 2023, to stockholders of record on June 15, 2023.
  • The second quarter regular cash dividend represents a 5% increase from last year’s second-quarter cash dividend payment.
  • For the first quarter of 2023, net revenue was a quarterly record of $659.3 million, an increase of 12.2% from $587.5 million for the first quarter of 2022.

Griffon Corporation Announces Second Quarter Results

Retrieved on: 
Wednesday, May 3, 2023

Griffon Corporation (“Griffon” or the “Company”) (NYSE:GFF) today reported results for the fiscal 2023 second quarter ended March 31, 2023.

Key Points: 
  • Griffon Corporation (“Griffon” or the “Company”) (NYSE:GFF) today reported results for the fiscal 2023 second quarter ended March 31, 2023.
  • Revenue for the second quarter totaled $711.0 million, a 9% decrease compared to $779.6 million in the prior year quarter.
  • Adjusting for the period Griffon did not own Hunter Fan Company ("Hunter") in the prior year quarter, organic revenue decreased 12%.
  • Adjusted EBITDA from continuing operations for the second quarter was $136.9 million, a 2% decrease from the prior year quarter of $139.3 million.

Installed Building Products to Report First Quarter 2023 Financial Results

Retrieved on: 
Thursday, April 27, 2023

Installed Building Products, Inc. (the “Company”) (NYSE: IBP), an industry-leading installer of insulation products, announced today that the Company will release its first quarter 2023 financial results on May 4, 2023.

Key Points: 
  • Installed Building Products, Inc. (the “Company”) (NYSE: IBP), an industry-leading installer of insulation products, announced today that the Company will release its first quarter 2023 financial results on May 4, 2023.
  • A webcast and conference call will be held that same day at 10:00 a.m. (Eastern Time) to review the Company’s results.
  • The conference call will be available on the investor relations section of the Company’s website at www.installedbuildingproducts.com .
  • To Participate in the Telephone Conference Call:
    Dial in at least five minutes prior to start time:

InventHelp Inventor Develops Improved Curtain Hanging Device (JMT-225)

Retrieved on: 
Monday, April 24, 2023

"My design eliminates the need to use tools and provides an attractive means to display curtains."

Key Points: 
  • "My design eliminates the need to use tools and provides an attractive means to display curtains."
  • The convenient and durable design of this product would provide users with a way to easily and safely hang curtains without damaging walls.
  • In doing so, it would save time, effort, and repair costs associated with covering up holes in the walls.
  • The original design was submitted to the Indianapolis sales office of InventHelp.

GEORGIA-PACIFIC NAMES NEW LEADERS FOR KEY BUSINESS UNITS

Retrieved on: 
Thursday, April 20, 2023

ATLANTA, April 20, 2023 /PRNewswire/ -- Georgia-Pacific has announced new leadership for its packaging and cellulose and building products businesses.

Key Points: 
  • Pat Boushka, currently executive vice president – Building Products, will assume the leadership role for the company's packaging and cellulose business as executive vice president – Packaging and Cellulose.
  • Andy Konieczka, currently president – Structural Panels, will assume the leadership role for the building products business as executive vice president – Building Products.
  • He was named leader of the packaging and cellulose business in 2017.
  • He joined Koch Industries in 1998 holding business development and financial roles, and served as president of the GP Cellulose business from 2006 to 2019.

Smart Lock Global Market Report 2023: Sector to Reach $6.86 Billion by 2030 at a 15.35% CAGR

Retrieved on: 
Wednesday, April 19, 2023

Global Smart Lock Market will reach US$ 6.86 Billion in 2030, according to the publisher.

Key Points: 
  • Global Smart Lock Market will reach US$ 6.86 Billion in 2030, according to the publisher.
  • In addition, smart locks integrate well with other smart home appliances like security cameras and virtual assistants, driving their increasing popularity.
  • Hence, the market value for Global Smart Lock Market was US$ 2.19 Billion in 2022.
  • Deadbolts have dominated the smart lock market due to their high security, durability, and compatibility with most doors.