The man who took charge of Canada's Ainsworth Group of Companies earlier this year says both the North American economy and his company are showing signs of turning around, but the road to recovery for both will be slow. More
Building Materials Holding Corp. announced its lenders have agreed to extend through June 1 a waiver that lets America's fifth-biggest LBM operation continue to borrow up to $20 million. More
Building Materials Holding Corp. reported in preliminary results a net loss of $104 million in the fourth quarter, pushing its net loss for all 2008 to $215 million. More
Two of the nation's largest dealers, BMHC and 84 Lumber, continued to show the effects of the dwindling market in revealing they are shedding locations and employees. More
Western Michigan-based Zeeland Lumber and Supply Co. and Hamilton Farm Bureau's lumber division have merged, adding a truss operation to Zeeland Lumber's capabilities. Zeeland will own 75% of the new operation, while Hamilton will own 25%. More
In another sign of the troubled industry, Smitty's Building Supply Inc. filed Jan. 5 for protection under Chapter 11 of the U.S. Bankruptcy Code. More
Building Materials Holding Corp. , America's fifth-biggest lumber and building materials dealer, announced Jan. 5 that it will close all of its operations in northern Nevada and shut facilities in Oregon, California, Texas, Colorado, and Arizona. Roughly 260 workers are affected. More
Building Materials Holding Corp. revealed Thursday, Dec. 11, that it will close its San Francisco headquarters and change its corporate headquarters address to Boise, Idaho, effective Jan. 1. More
