Industry Brief

14 03, 2024

RDI Railing Launches New Website

By |2024-03-14T11:41:29-05:00March 14th, 2024|Categories: Industry Brief, Industry News, Press Release, Uncategorized|Tags: , , , , , |

RDI® Railing today announced the launch of its new website — rdirail.com — along with updates to all of its social media feeds. The refreshed branding and online presence are further commitments to this premium railing brand.

13 03, 2024

Trex Transcend® Lineage™ Composite Decking Recognized in Good Housekeeping’s 2024 Sustainable Innovation Awards

By |2024-03-13T11:08:13-05:00March 13th, 2024|Categories: Industry Brief, Industry News, Press Release|Tags: , , , , , |

Trex Company was recognized as a winner in Good Housekeeping’s 2024 Sustainable Innovation Awards for its innovative Trex Transcend® Lineage™ decking.

11 03, 2024

PWT Welcomes Steve Killgore, Mulrooney Award Recipient, to Board of Directors

By |2024-03-11T13:55:02-05:00March 11th, 2024|Categories: Industry Brief, Industry News, Press Release|Tags: , , , , |

PWT, creator of the world’s first manufacturer-treated laminated veneer lumber (LVL), today announced that Steve Killgore has been named Special Advisor to the Board, effective January 1, 2024. Killgore, an esteemed industry leader, brings a wealth of experience to his new role, further strengthening PWT’s leadership team.

7 03, 2024

Join Westbury Pro Rewards for Deck Builders, Contractors, and Remodelers!

By |2024-03-07T09:28:56-05:00March 7th, 2024|Categories: Industry Brief, Industry News, Product Highlight, Uncategorized|Tags: , , , , , |

Digger Specialties Inc. (DSI), the leading manufacturer of aluminum railing in North America, presents the Westbury Pro Rewards program — an extensive rewards initiative tailored for deck builders, contractors, and remodelers. This program offers cash rewards, marketing support, leads, and other exclusive benefits for professionals investing in Westbury Aluminum Railing.

5 03, 2024

TREX Ranked Among Barron’s 100 Most Sustainable Companies for 2024 

By |2024-03-06T09:20:30-05:00March 5th, 2024|Categories: Business Practices, Industry Brief, Industry News, Press Release|Tags: , , |

Trex Company [NYSE:TREX], the world’s largest manufacturer of wood-alternative composite decking and railing, and a leader in high-performance, low-maintenance outdoor living products, is proud to announce its inclusion in Barron's prestigious list of the 100 Most Sustainable Companies for 2024. In its debut appearance, Trex came in at #68 and is the only decking brand to be included on this year’s list. 

29 02, 2024

New Castle Steel, Inc. and SLA form Strategic Sales Partnership

By |2024-03-06T09:21:03-05:00February 29th, 2024|Categories: Industry Brief, Industry News, Press Release, Uncategorized|Tags: , , , , , |

New Castle Steel, Inc. is pleased to announce that they have formed a strategic sales partnership with SLA Manufacturers Representatives, a midwestern-based sales company with decades of experience working in millwork and building material distribution. This partnership will give New Castle Steel representation in the North Dakota, South Dakota, Wyoming, Montana, Iowa, Nebraska, Wisconsin, Minnesota, and Northern Illinois markets.

20 02, 2024

Eva-Last Americas Announces Strategic Leadership Appointments

By |2024-02-20T13:14:31-05:00February 20th, 2024|Categories: Industry Brief, Industry News, Press Release|Tags: , , , , , , , , , |

Advanced composite building materials manufacturer, Eva-Last Americas is proud to announce the appointment of several distinguished industry professionals to key leadership positions within the organization. Under the visionary guidance of CEO and founder Marc Minne, and with the expertise of composites champion Bill Ross as Senior Vice President of Sales, the company is primed for substantial growth and expansion in the United States and Canada.

17 02, 2024

Simpson Strong-Tie Timber Drive™ Wins 2023 Golden Hammer Award

By |2024-02-29T12:27:20-05:00February 17th, 2024|Categories: Industry Brief, Industry News, Press Release, Uncategorized|Tags: , , , , |

Simpson Strong-Tie, the leader in engineered structural connectors and building solutions, is excited to announce that its new Timber Drive™ structural screw fastening system has been honored with the prestigious 2023 Golden Hammer Award.

14 02, 2024

Owens Corning Announces $3.9 Billion Acquisition of Masonite to Strengthen Position in Building and Construction Materials

By |2024-02-20T12:58:23-05:00February 14th, 2024|Categories: Industry Brief, Industry News, Press Release|Tags: , , , , , |

Owens Corning (NYSE: OC), a leader in global building and construction materials, and Masonite International Corporation (“Masonite”) (NYSE: DOOR), a leading global provider of interior and exterior doors and door systems, today announced they have entered into a definitive agreement under which Owens Corning will acquire all outstanding shares of Masonite for $133.00 per share in cash, representing an approximate 38% premium to Masonite’s closing share price on February 8, 2024 and an approximate 46% premium to Masonite’s 20-day volume-weighted average price. The implied transaction value is approximately $3.9 billion, implying a purchase multiple of approximately 8.6x 2023E adjusted EBITDA2 or 6.8x when including synergies of $125 million.

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