Pino Pucci succeeds Brad Thorlakson as President and CEO.
Wooden Panels
Exports of particle board from Turkey increased 23%.
With this acquisition, the Thorne Lumber locations in the Missouri communities of Chillicothe, Cameron, and Plattsburg will bring R.P. Lumber’s total location count to 87, including 20 in Missouri.
The price of particle board dropped by 7.6%.
Adjusted EBITDA was $39 million, or 5.3% of net sales, for the Q1 2024, compared to $47 million, or 5.9% of net sales in the Q1 2023, which includes the net benefit of duty-related items.
The facility has a daily production capacity of 950 m3.
The average price for MDF dropping by 2%.
The revenue decline was primarily due to lower sales volumes.
Supplies to Vietnam more than doubled.
Atlas Engineered Products is set to supply wall panels and engineered roof trusses for Westhaven Builders’ upcoming senior living projects in Kimball, Michigan. The project, valued at approximately $800,000, is currently scheduled to commence in the Company’s Q3.
The decision will impact approximately 200 production and operations members in Hickory.
The addition of the Island City plant will strengthen Kronospan’s position in the North American wood panel market.
Price for plywood exported from Russia to China lost 6%.
Exports of plywood from China grew 10%.
Since 1888, Schoeneman’s has established itself as a trusted name with experienced staff and a large selection of building materials and products.
Exports of plywood from Russia to the U.S. lost 7%.
The new office will facilitate enhanced networking opportunities and collaboration with like-minded organisations, driving innovation and accelerating the transition towards a more sustainable future.
Price for plywood imported to United Kingdom grew 11%.
Whit Gardiner will continue to lead the organization which will be a part of Kodiak’s growing Northwest region.
Exports of plywood from Brazil grew 7%.