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MasterBrand Parent Okays $250 Million Buyback as Housing Recovers

Posted by Bill Esler | Posted: 10/01/2014 1:51PM

WoodCrafters and MasterBrand Cabinets' parent Fortune Brands Home & Security, Inc. (NYSE: FBHS) will repurchase $250 million in shares of its common stock. Yesterday competitor Masco announced it would buy back 50 million of its shares.

Composite Panel Group Elects Officers for 2015

Posted by Karen Koenig | Posted: 09/30/2014 4:24PM

Roseburg's Grady Mulbery will take over the reigns as chairman of the Composite Panel Association in 2015. Additional 2015 officers and board members were also elected.

Masco Spinning Off $1.8 Billion Installation Service Group

Posted: 09/30/2014 9:37AM

Masco, parent of Masco Cabinetry and its Merillat and KraftMaid lines, says it will spin-off its installation and services businesses into a publicly-traded company. It also will buy back 50 million shares and plans to lay off 40 percent of headquarters staff.

Hemlock, Spruce, Cedar Logging Auction at Tongass Forest

Posted by Bill Esler | Posted: 09/30/2014 7:16AM

U.S. Forest Service will auction rights to almost 10 square miles of logging rights at Tongass National Forest. Hemlock, spruce and cedar woodlands will be sold in an effort to support logging and sawmill firms until second growth forest lands mature.

Fatal Accident at Boise Cascade Plywood Plant

Posted by Karen Koenig | Posted: 09/29/2014 8:16AM

A 29-year-old worker died Friday in an industrial accident at Boise Cascade's plywood plant in Moncure, NC.

L.J. Smith Stair Systems Adds WBH Group fpr Texas Sales

Posted: 09/26/2014 1:59PM

L.J. Smith Stair Systems adds WBH Group to its sales force, effective October 1, 2014.

Roseburg Forest Products Taking Care of Workers, Plant After Fire

Posted by Wade Vonasek | Posted: 09/25/2014 2:53PM

Roseburg hopes to have the Weed facility up and running by Thanksgiving, and will provide temporary housing for Weed employees who are unable to return home or lost their homes.

Herman Miller Sees Growth in First Quarter of 2015

Posted by Wade Vonasek | Posted: 09/25/2014 1:44PM

Net sales in the first quarter totaled $509.7 million, an increase of 8.9% from the same quarter last fiscal year.

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