The August producer price index report showed stable construction materials prices, with slight declines in wood and steel products, while power wire and cable prices surged, but overall, construction materials prices have been relatively steady in 2023.
The history of coatings in roofing has been marked by innovation overcoming challenges, not unlike Inland Coatings; despite market shifts, the company's resilience and adaptability led to its revitalization through acquisitions and strategic leadership courtesy of private equity.
The ‘Name, Image and Likeness’ deal with All-American Conner Weigman kicked off Saturday with the quarterback enjoying a career-best five TDs versus New Mexico
SRS Distribution Inc. expanded its Texas A&M partnership to include a Name, Image and Likeness Deal with starting quarterback and 2022 Freshman All-American Conner Weigman.
Cleveland-Cliffs Inc. has revealed its plan to acquire all outstanding United States Steel Corporation stock through a cash and stock deal, potentially creating one of the world's largest steel producers; US Steel has rejected the proposal.
Owens Corning operates like a well-oiled machine: reporting net sales of $2.6 billion, similar to the prior year-over-year quarter, and returning $160 million to shareholders through dividends and stock buybacks.
Yellow Corp., a less-than-truckload carrier, has ceased operations and is expected to file for bankruptcy due to failed negotiations with its Teamsters workforce over operational changes, leaving 30,000 employees, including 22,000 Teamsters, without jobs.
Approaching more stability after the volatility of the past couple of years, sales of new single-family homes in the US significantly corrected down in June, at 697,000 units, which is 2.5% lower than May's downwardly revised 715,000, but up almost 24% compared to June 2022.
Trucking company Yellow, the nation's third-largest 'less-than-load' shipping company, reportedly faces bankruptcy after experiencing customer abandonment and an 80% drop in freight volumes.
Owens Corning (NYSE:OC) announced on June 15 the company would issue a second-quarter dividend payment of $0.52 per common share, payable on August 4, 2023.
After fits and starts, the Louisiana legislature passed a series of reforms that will soon provide homeowners with grant money to help reroof homes affected by weather-related events to comply with new “Fortified” standards that exceed current building codes.