Business

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.

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.

It’s official: Menards will open a new store in Miami Township, Ohio, after demolishing a shopping center it purchased on Aug. 24 for $5.36 million.

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.

A Lewiston roofing company faces nearly a quarter-million dollars in fines for failing to protect its workers from falls and other safety violations.

Now companies must add another poster, spelling out employee rights to join labor unions and bargain collectively without facing retaliation.

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.

Two more units of Lyman Lumber, the No. 21 company on this year's ProSales 100, are in the process of shutting down as a consequence of Lyman's Chapter 11 bankruptcy,