A reduction in Russian log export tariffs is not predicted to raise the country’s log export volumes back to historic levels, said Wood Resource Quarterly in an article.
A reduction in Russian log export tariffs is not predicted to raise the country’s log export volumes back to historic levels, said Wood Resource Quarterly in an article.
Loss from continuing operations at Louisiana-Pacific Corp. (LP) widened during the fourth quarter to $46.2 million, compared to a $2.4 million loss during the same period a year ago. Net sales at the Nashville, Tenn.-based manufacturer declined 1% to $312.2 million for the quarter ended Dec. 31.
Simpson Manufacturing, the parent company of Simpson Strong-Tie, did an about-face during the fourth quarter, going from a $4.5 million net loss a year ago to $4.9 million in income. Net sales at the company improved 9% to $130.7 million as gross profit also rose 15% to $54.9 million for the quarter ended Dec. 31.
U.S. Gypsum Co. drastically improved its fourth quarter operating loss to $18 million, up from the $61 million loss posted during the same period a year ago. L&W Supply, the distribution arm of USG Corp., fell deeper into the red during the quarter with a $15 million loss, compared with a $12 million loss last year.
High efficiency and low prices will continue to be Orgill Inc.’s focus when serving pro dealers in coming years, the distributor’s president and CEO told ProSales in an interview during the distributor's Spring Dealer Market.