News

Operations

Article

Deere Fiscal 4Q Improves

Illinois-based Deere & Company reported 2021 fiscal fourth-quarter net income of $1.283 billion, and $5.963 billion for the year.

The Singapore-based company earns an award given to ship managers that go beyond industry standards for safety and environmental performance.

The international trade deficit was $82.9 billion in October, down $14.1 billion from $97.0 billion in September, the Census Bureau said.

Real GDP increased at an annual rate of 2.1% in 2021 3Q, according to the second estimate released by the Bureau of Economic Analysis.

Operations

Article

84 Lumber Opens in Idaho

The building materials, manufactured components and services supplier for residences and commercial buildings opened a location near Boise.

The building materials distributor was given exclusive naming rights for the upcoming inaugural Pac-12 Coast-to-Coast Challenge.

ABC board members chose Stephanie Schmidt, president of Poole Anderson Construction, as 2022 national chair of the board of directors.

Operations

Article

Beacon 4Q Sale Up 6.9%

Roofing material and building products distributor reported 2021 fiscal 4Q sales of $1.88B, a quarterly record for continuing operations.

Advance U.S. selected services total revenue for 2021 3Q was $4,524.9 billion, an increase of 3.7% over 2021 2Q and up 15.2% from 2020 3Q.

Operations

Article

AZEK Sees 4Q Rebound

The AZEK Company Inc. reported a ‘record’ fiscal 2021 fourth quarter, with net sales increasing 31.1% over the same period in 2020.

Associated Builders and Contractors released its first construction technology report, which studies tools and tech members use at worksites.

The private equity firm that invests in midmarket companies acquired Empire Auto Parts, a distributor of aftermarket collision parts.