Business

Material Sciences will spin off first and be headquartered in Dow Chemicals' home of Midland, Michigan, according to company officials. Specialty Products and Agriculture will be created "shortly" after and will based in Delaware, the company says.

A little more than seven months since they took over business operations, Mark II Lumber Company owners Stan Grimwood, Aaron Trelc and Luke Schnakenberg are celebrating the company’s 50th anniversary.

Longtime Edgerton lumber business Nelson-Young plans to expand its truss plant, known as Nelson Truss, at 104 Artisan Drive. The work likely will begin this spring once the city extends power to the site, City Administrator Ramona Flanigan said.

Tom Le Vere, President of Saint Paul-based Weekes Forest Products has announced the acquisition of Snavely Forest Products. Snavely, founded in 1902, operates distribution facilities in Pittsburgh; Westminster, Md; Greensboro, N.C.; Dallas; and Denver.

Atlas Engineered Products Ltd., a leading supplier of trusses and engineered wood products, yesterday reported its financial results for the second quarter ended November 30, 2017 (all amounts in are in Canadian dollars).

DowDupont CEO says the timing for breaking up the company is based on the separation of two balance sheets to create three, across the world, with the complexity of legal entities and information technology systems and the extraction of synergies.

Katerra, a technology company redefining the construction industry, announced today an $865 million Series D funding round led by the SoftBank Vision Fund. The financing will be used to fund Katerra’s continued manufacturing expansion and for further investment in its R&D efforts.

Hancock Lumber acquires Mainely Trusses, a market-leading roof and floor truss manufacturing facility based in Fairfield, Maine.

NFC is delighted to welcome Weyerhaeuser as its newest non-framer member. With a product mix that includes engineered wood products, OSB, lumber and a wide variety of both commodity and premium products, Weyerhaeuser is already a major supplier for many NFC members.

Paul John Fox, of Saline, age 50, passed away suddenly on Wednesday, January 10, 2018 while on a business trip in Orlando, FL.