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.
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.
PGA TOUR and PGA TOUR Champions names Deckorators its official decking and railing partner through 2027.
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.
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.
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.
The North American Deck and Railing Association (NADRA), is dedicated to recognizing and promoting excellence in the outdoor living and decking industry. As part of this commitment, NADRA holds an annual awards presentation and celebration to honor exceptional professionals and their outstanding projects in the outdoor living industry.
New Castle Steel, Inc. is pleased to announce that they have formed a strategic dealer partnership with AdvantageLumber.com, a global leader in wood decking, lumber, prefinished flooring, and other luxury building materials. This partnership will make New Castle Steel deck framing products more readily available online and nationwide via Advantage Lumber’s website and four warehouses located throughout the United States. Advantage Lumber will ship New Castle Steel orders directly to customers’ homes or job sites, with many orders qualifying for free shipping. Advantage will ship the steel deck frames either by itself or along with surface decking, railing, and other luxury building products.
Barrette Outdoor Living®, a division of Oldcastle® APG, recently expanded storage capabilities for aluminum products manufactured at its Egg Harbor City, NJ facility by leasing a 57,000-square-foot warehouse in nearby Millville, NJ.
Wolf Home Products®, an innovator and leader in the building products industry, today announced its expansion into Colorado, which will equip area building professionals with a comprehensive, high-quality kitchen & bath portfolio that meets varying style preferences and budgets.
