Top officials from Canada, Mexico and the United States signed a fresh overhaul of a quarter-century-old trade pact on Tuesday that aims to improve enforcement of worker rights and hold down prices for biologic drugs by eliminating a patent provision.
Read more at Reuters
December 09, 2019
LEXINGTON, KY – Jimmy Thornberry, President of Powell Valley Millwork, announced today the acquisition of the Metrie Poplar manufacturing facility located in Jeffersonville, Kentucky.
“We are proud to report the purchase of this site and are excited about the added capacity and opportunities on the horizon. With 125,000 square feet under roof, the facility is located 30 minutes east of Lexington and is similar in scope to our Clay City location. We believe it makes an excellent addition to our growing company.”
“Separated by only twelve miles, the business will operate both facilities under the Powell Valley banner and utilize the natural synergies between the two so that the company can meet the needs of a diverse customer base across North America.”
“In addition to adding more volume potential for our existing customers, we will maintain current supply through the Metrie distribution network as well as all direct customers from this location. Our goal is to ensure the transition is seamless to the customer.”
Powell Valley Millwork, a wholesale manufacturer of Poplar mouldings and millwork, is owned by Jimmy Thornberry, Jim Thornberry, Michael Thornberry, Brian Lambert, and Dale Budke.
For more information about Powell Valley, please visit www.pvmillwork.com
Contact: Michael Thornberry
michael@pvmillwork.com
Tru Tech proudly congratulates their Director of Business Development, Skip MacLean on receiving the 2019 C.P. Loewen Award. With over 40 years in the fenestration industry, he carries knowledge and experience in sales, product design, planning and developing organizational strategies.
The prestigious C.P. Loewen Award is presented annually to an outstanding individual in recognition of his/her dedication and service to the window and door industry. The Award recognizes the nominee’s efforts to promote the mission and objectives of the industry and association nationally.
Skip implemented an instrumental influence towards enhancing Fenestration Canada, impacting both advancements and insight within the industry.
RALEIGH, N.C., Dec. 03, 2019 (GLOBE NEWSWIRE) — BMC Stock Holdings, Inc. (Nasdaq: BMCH) (“BMC” or the “Company”), a leading provider of diversified building products, services and innovative building solutions in the U.S. residential construction market, announced today that it acquired DeFord Lumber (“DeFord”) in the Dallas-Fort Worth market.
Founded in 1964 in Duncanville, TX, DeFord is recognized as a leading and highly-respected provider of building materials, primarily to custom and regional homebuilders. With its offering of millwork, doors, windows, structural components and other building materials, DeFord improves BMC’s Dallas-Fort Worth business by diversifying the customer base, adding value-added capabilities, establishing a local presence on the south side of Dallas, and adding DeFord’s capable and knowledgeable leadership to the BMC team. DeFord generated $75 million in total net sales for the twelve months ended September 30, 2019. Note Orius, Inc. served as the seller’s transaction advisor.
“We are very pleased to welcome the employees of DeFord to the BMC team,” said Dave Flitman, CEO of BMC. “Known for their exemplary customer service as well as their value-added offerings, particularly in the custom homebuilder space, DeFord is an outstanding addition to our Dallas-Fort Worth portfolio and gives us additional access to and a presence on the south side of Dallas.”
Flitman continued, “DeFord is the sixth tuck-in acquisition we have completed this year. Consistent with our stated strategic priorities, we are actively pursuing tuck-in acquisitions that enhance our value-added capabilities, our product mix and/or our customer mix to improve the overall margin profile of the business and drive long-term shareholder value. To date, the acquisitions we have completed this year are expected to add nearly $275 million in annual net sales.”
About BMC Stock Holdings, Inc.
With approximately $3.7 billion in 2018 net […]
In an effort to fight climate change, a new draft of the Growing Renewable Energy and Efficiency Now (GREEN) Act was released for discussion on Nov. 19 by the House Ways and Means Committee. Among the priorities is leveraging tax incentives to encourage energy-efficiency improvements in new and existing homes.
Read More at DWM
Since the financial crisis a decade ago, one of the topics regularly on the minds of lawmakers is reforming the national Government Sponsored Enterprises (GSEs).
Read more at LBM Journal
President Trump announced Monday morning that tariffs would be restored immediately on steel and aluminum from Brazil and Argentina in response to the countries devaluing their currencies.
Read More at DWM
A senior Mexican official on Friday expressed caution about the chances of ratifying a continental trade deal this year, saying more work might be needed to overcome opposition from some U.S. Democrats.
Read more at Reuters
Some studies suggest that burnt-out employees have less awareness of their surroundings and struggle to maintain workplace safety practices, resulting in the misuse of heavy machinery, delayed emergency response, poor driving, employee fighting and issues caused by falling behind on work-related tasks.
Read More at MHL News.
For general industry applications such as utility, manufacturing and service-sector work, adhering to the OSHA standards can typically be achieved by using a single hearing protection device – earmuffs or earplugs.
Read More at Safety and Health Magazine.
World Millwork Alliance (WMA) 54 TH Annual Convention & Tradeshow will hold its’ premier event at the Memphis Cook Convention Center from September 11-15, 2018. WMA will offer Veterans and Students complimentary access to the exhibit hall during Millwork Career Day on Friday, September 14, 2018 during the show hours of 10:00 a.m. – 3:30 p.m.
WMA welcomes Veterans and Students to explore a career in the millwork industry. Learn from worldwide millwork professionals while viewing the finest millwork products. Meet with industry distributors and manufacturers about the opportunities in a millwork career.
Pre-registration for a name badge is available by completing a WMA Registration Form. Any local Student or Veteran who has pre-registered will pick up their complimentary “Expo – One Day Pass” with a valid student ID or Veteran ID at the WMA registration desk in the Memphis Cook Convention Center.
Veterans must show a Veteran’s Administration (VA) identification card to receive an “Expo-One Day Pass” and to gain entrance into the exhibit hall on Friday, September 14, 2018.
Students must show a valid Student photo I.D. card to receive an “Expo-One Day Pass” and to gain entrance into the exhibit hall on Friday, September 14, 2018.
Pre-registration is open until August 13, 2018; thereafter, registration is onsite at the WMA registration desk in the Memphis Cook Convention Center.
