Westlake Ace Expanding into NY

Westlake Ace Hardware is entering New York with the acquisition of three-unit Haggerty Ace Hardware. The purchase is set to be completed on Jan. 19.

Canfor Scraps Plan to Go Private

Canfor Corp., Vancouver, B.C., and Great Pacific Capital Corp. have mutually called off their plan to buy the remaining 49% of Canfor that it does not already own and take the company private.

84 Lumber Extends Credit Facility

Eyeing future expansion efforts and system enhancements, 84 Lumber Co. has entered into a new seven-year, $310 million Senior Secured Term Loan B Facility and five-year $400 million Asset Based Revolving Credit Facility.

Canfor Agrees to Go Private

Canfor Corp., Vancouver, B.C., has reached an agreement with majority stockholder Great Pacific Capital Corp. to take the company private.

Seal-Rite Door Renamed

Palmer-Donavin, Columbus, Oh., a leading building materials distributor and door fabricator in the Midwest, is changing the name of its Seal-Rite Door Division and rebranding its corporate identity.

FBM Buys 2 Distributors

Foundation Building Materials, Tustin, Ca., has acquired an independent drywall distributor in Colorado and an independent tool and fastener wholesaler in Washington.

New Planer Getting Close

Montrose Forest Products, Montrose, Co., is nearing completion of a new planer, which will replace its existing facility that dates back to the 1950s.

What’s On the Horizon for EWP?

Engineered wood products have ancient ancient origins, with evidence of laminated wood found in the tombs of Egyptian pharaohs. The concept that boards could be sliced and bonded to produce a product that was better than the original wood was revolutionary.

Fiberon Expanding Western PVC Output

Renovations are underway at Fiberon’s Meridian, Id., decking plant to significantly increase capacity in the PVC category. The new equipment is expected to be up and running by the end of first quarter 2020.

Lowe’s Opens Outlet Store

Lowe’s Home Improvement opened its first-ever outlet store Oct. 22 in the former Orchard Supply Hardware store in Monrovia, Ca.