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Ply Gem saw first-quarter operating earnings rebound to a gain of $1.2 million from a loss of $14.2 million a year ago on a 19% jump in sales to $239.1 million for the same period, the company reported today.
Many of the same signs that are pointing us out of the homebuilding trough are directing us toward a time of commodity shortages and price spikes.
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Trex more than doubled its year-ago profits while rebounding from a fourth-quarter 2011 loss to total $12.3 million in earnings for the first quarter 2012.
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Weyerhaeuser’s net earnings fell 59% from the same period a year ago to reach $41 million during the first quarter, the company reported. The loss comes despite a 5% rise in net sales to $1.49 billion for the period ended March 31.
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Featuring: Advanced Environmental Recycling Technologies, Atlas, Atrium CertainTeed, Bonsal American, Boral, Dow Building Solutions, Epicor, Fomo Products, Leviton, MaxLite, National Nail Corp., Oldcastle, TOTO, TXI, Villeroy & Boch
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Universal Forest Products Inc.’s Retail Building Materials segment hit $196.9 million in net earnings for the first quarter of 2012, up 12.3% from the same period a year ago, the company announced today.
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Husqvarna is voluntarily recalling its grass and hedge trimmers after receiving reports of fuel leakage, the federal Consumer Product Safety Commission reports.
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Featuring: Associated Materials, Alpha Pro Tech, Atlas Roofing, Atrium Companies, Azek, CertainTeed Corp., DMSi, Insulfoam, ProVia, Roseburg, Simpson Strong-Tie, and Weyerhaeuser.
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Ply Gem Inc.'s net loss for the fourth quarter improved to $15.2 million from a year-earlier $19.6 million on a 9.9% rise in net sales to $242.4 million.
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Integrity Composites, a Maine-based manufacturer, has acquired the DuraLife composite decking line from GAF Building Materials, the company announced today. The company said it plans to continue making and shipping the line’s decking, railing, porch, and marine dock products.
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Fourth-quarter net income at Ainsworth remained even with the same period a year ago at C$2.8 million (US$2.8 million), despite a 26% jump in sales to C$69.5 million (US$68.8 million). For the year, net income fell 30% to C$8.3 million (US$8.2 million), while adjusted EBITDA plunged almost 80% to...
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Masonite fell deeper into the red during the fourth quarter with a $778,000 loss after posting a $20,000 loss during the same period a year ago, the company announced. The results come despite a 14% increase in sales to $383.8 million for the period ended Dec. 31.
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Trex slid further into the red during the fourth quarter, from the same period a year ago, with an $18.3 million loss for the period ended Dec. 31. The composite decking and railing products manufacturer posted a net loss of $512,000 during 2010’s fourth quarter.