An "unprecedented" increase in commodity prices swamped the modest sales gains that Builders FirstSource recorded during the first quarter and led to a net loss of $31.4 million during the period, slightly deeper than the $30.6 million net loss in 2009's first quarter, BFS reported. More
Weyerhaeuser Co.'s wood products unit incurred a $208 million operating loss in the fourth quarter. That's four times better than the $960 million loss the unit posted for the last three months of 2008 but more than double the $97 million loss it posted in last year's third quarter. More
Weyerhaeuser Co. announced Nov. 6 that it will indefinitely close its iLevel Veneer Technologies facility in Colbert, Ga., effective immediately. The announcement comes a week after Weyerhaeuser reported its wood products operation showed a $146 million loss for the quarter, slightly worse than the $131 million loss in July-September 2007 but better than the $164 million loss in this year's second quarter. More
Builders FirstSource, the Dallas-based pro dealer, revealed in an Oct. 16 filing with the Securities and Exchange Commission that it will leave the New Jersey market. More
