Brae Canlen
Senior editor

Articles by this author:

  • Tue, 05/15/2012 - 14:25

    A new program by the U.S. Green Building Council may multiply the number of LEED-certified retail outlets, restaurants and hotels by making it easier for developers to get their projects pre-certified.

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  • Thu, 05/10/2012 - 17:25

    NCI Building Systems has entered into a definitive agreement to purchase Metl-Span, a maker of insulated panels, from a subsidiary of BlueScope Steel North America Corp. The deal is valued at $145 million in cash.

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  • Thu, 05/10/2012 - 17:05

    Beacon Roofing Supply, the Peabody, Mass., distributor of roofing and other housing exterior materials, posted net sales of $395.1 million for its second fiscal quarter of 2012, a 33.4% increase over sales of $296.3 million in the same quarter in 2011. Existing market (organic) sales, which exclude branches acquired after the beginning of last year's second quarter, increased 28.2%.

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  • Tue, 05/08/2012 - 16:18

    Do it Best Corp. has created a new position -- national retail performance manager -- and promoted Scott Sproul into the job.

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  • Tue, 05/08/2012 - 14:37


    Louisiana-Pacific Corp., one of the industry’s leading suppliers of oriented strand board and other building materials, announced net sales of $361.5 million for its first fiscal quarter of 2012, compared with $331.7 million during the same quarter a year ago. 

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  • Mon, 05/07/2012 - 14:30

    Schlage, a brand of Ingersoll Rand that produces security products, is spearheading a national neighborhood safety initiative in conjunction with National Neighborhood Watch-USA to commemorate the crime-prevention organization’s 40th anniversary.

    Schlage will meet with Neighborhood Watch Captions in 40 cities across the United States and donate hundreds of its new alarmed locks, a residential door lock with an audible built-in alarm sensor that alerts residents the moment there is activity at the door.

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  • Mon, 05/07/2012 - 13:40

    Ken Hannah, a former senior VP at Home Depot, has been named the new CFO at J.C. Penney.

    Hannah brings more than 20 years of finance, operations and audit experience from a wide range of companies that include General Electric, Boeing and The Home Depot. He will report to chief operating officer Mike Kramer.

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  • Fri, 05/04/2012 - 11:20

    An event organized by the PRO Group from April 24 to 26 brought together 25 distributors from around the country to tour two warehouse facilities and share new developments in distribution operations.

    The tours took place at Reiss Wholesale Hardware Co., Inc. in Brooklyn, N.Y., and R3 Redistribution – Metro South in Perth Amboy, N.J. Both distributors are affiliated with PRO Group, Inc.

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  • Thu, 05/03/2012 - 17:28

    CoreLogic, a provider of information, analytics and business services, released the most recent figures for its monthly National Foreclosure Report, reporting 69,000 completed foreclosures in March 2012. This compares with 85,000 in March 2011 and 66,000 in February 2012. 

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  • Thu, 05/03/2012 - 14:34

    Boise Cascade Holdings has announced sales of $587 million for its first fiscal quarter of 2012, a 21% increase over the same quarter a year ago. The wood products company reported first-quarter net income of $1.66 million, compared with a $19.0 million loss during the first quarter of 2011. 

    As of March 31, Boise Cascade had total available liquidity of $371.9 million, with $164.4 million in cash and committed bank line availability of $207.5 million.

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