Manufacturers in recent years have made great strides in improving the... More
LP will buy Vancouver-based Ainsworth Lumber Co. for $1.1 billion, the companies announced today. More
Engineered-wood-product manufacturer Ainsworth posted its strongest quarter since 1Q 2006 with EBITDA at C$37.2 million. More
Featuring: Simpson Strong-Tie, Jeld-Wen, Ainsworth, Metabo, Andersen, Envirolastch, Wellborn Cabinet, Illinois Tool Works, and others. More
Ainsworth reported a second-quarter net loss of C$11.5 million (US$11.5 million), a $1.5 million improvement over the same period a year ago. Net sales for the period ended June 30 rose 12% to C$90.5 million (US$90.4 million). More
Watch out, dealers: Big builders are rapidly making green, high-peformance homes... More
Featuring: Empire Level Mfg., FSI Home Products, Simonton Windows, Heritage Stone by ProVia, Ply Gem Windows, Coast Products, SlateTec, Ainsworth's, Crystal Windows and Doors, Cedar Siding, Latricrete's, Boral Stone Products, Therma-Tru, MI Windows and Doors, Simonton Windows, Atlas Roofing, True Tech Doors, DaVinci Roofscapes, and Smart Vent Products. More
First-quarter operating income at Ainsworth rose to C$3.4 million (US$3.4 million) behind a 19% jump in sales, but net income still plummeted to C$700,000 (US$697,000), from a C$77.7 million (US$77.4 million) income a year ago. More
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 C$12.5 million (US$12.4 million). More
Net earnings at Ainsworth plummeted into the red with a C$59.2 million (US$55.7 million) loss in the third quarter, a far cry from the C$10.4 million (US$9.8 million) income the company posted during the same period a year ago. Net sales fell 12% to C$71.8 million (US$67.5 million). More
