HD Supply has reported net sales for its second fiscal quarter of 2011 of $2.2 billion, an increase of $195 million, or 10%, over sales in the same quarter of 2010.
International Paper announced it will acquire Temple-Inland Inc. for $32 per share plus assumption of Temple-Inland's $600 million debt--a deal that IP values at roughly $4.3 billion.
Mooresville, N.C.-based Lowe's will build a 1.4 million-sq.-ft. distribution center in Rome, Ga., according to an article in the Charlotte Business Journal.
Taking more from a struggling private sector can only be justified if we think government spending will be more useful than the private spending and investment it replaces.
The Federal Way, Wash.-based company said in a news release that it is making the name change "to simplify customer contacts and leverage the widespread recognition of the Weyerhaeuser identity."
RedBuilt, a US-based supplier of engineered lumber products, has signed an agreement to acquire assets of rival Standard Structures Inc (SSI) that include equipment, raw materials inventory and intellectual property.
