Ainsworth Lumber Co. Ltd. (TSX:ANS) president and CEO Richard Huff announced his retirement today. Jim Lake, currently VP, Operations, succeeds him as president and COO.
The combination of population growth, first-time home buyers, pent-up demand, the desire of some for a second residence and the retirement of aging homes deemed beyond remodeling will help contribute to the next building boom.
More than a dozen local dignitaries attended the grand opening ceremony of cutting tool manufacturer LMT Onsrud. The event, held Sept. 8, included a tour of the 64,000-square-foot manufacturing facility, set on nine acres of land.
Wood industry stories about IKEA's pique over fake-IKEA copycat stores in China, and Fortune's poison pill for MasterCraft Cabinets et.al, were among the most viewed. Wood showed its ability to heal, as swamp white oaks formed the centerpiece of the new 911 Memorial.
In the wake of Hurricane Irene, Lowe's Companies Inc. announced today the company will pledge $1 million to disaster relief and rebuilding efforts in communities affected by the storm.