84 Lumber exec retires
Jim McCorkle, a 35-year veteran of 84 Lumber, will retire on Jan. 18. McCorkle began his career as a manager trainee at the West Mifflin Junction in 1978. (Junctions were stand-alone home centers that were next to 84 Lumber stores.) A year later, he became co-manager in Canonsburg, Pa. McCorkle then moved to the Murrysville, Pa., location, serving in the same position. In 1984, he became store manager at Butler, Pa.
In 1997, looking for a new challenge, McCorkle moved to 84 Lumber headquarters and served as a credit manager. A year later, he was promoted to his current position of collections manager.
“Jim’s warm personality and sense of humor have made him very popular with associates in the field and at team headquarters,” said 84 Lumber president and owner Maggie Hardy Magerko. “Jim’s integrity and work ethic have made the company a better place and he has certainly earned his well-deserved retirement.”
CertainTeed, Bailey Metal Products to form grid joint venture
Valley Forge, Pa.-based CertainTeed will form a joint venture with Bailey Metal Products (BMP) of Concord, Ont., to manufacture suspended ceiling grid in Canada and the United States.
“Our customers want to work with a company that provides innovative, unique and comprehensive ceilings solutions to their construction challenges,” said Graham Thayer, VP and general manager for CertainTeed Ceilings. “That means the total package of high quality ceiling tiles, grid systems and the technical expertise to support their needs.”
In the short term, grid products in Canada will continue to be sold under both the Bailey and CertainTeed brands, with a gradual transition for all grid products to the CertainTeed brand.
“This joint venture will literally open the door for CertainTeed, giving us broad capacity for growth throughout Canada and the United States,” Thayer said. “CertainTeed and Bailey represent the perfect marriage of technical expertise and production capacity to allow CertainTeed to provide an unrivaled combination of ceilings products to the industry.”
Bailey Metal Products is a lightweight steel framing manufacturer and a provider of drywall trims and accessories. The company currently offers Canada’s largest product portfolio, which includes steel framing, drywall trims and accessories, ceiling grid, Comslab composite floor system and vinyl and paper-faced metal bead.
Sales, income jump at Jewett-Cameron
Jewett-Cameron Trading Co. reported first-quarter 2013 sales of $9.30 million, compared with sales of $7.24 million for the first quarter of fiscal 2012.
Net income for the distributor for the quarter, which ended Nov. 30, 2012, was $480,746, compared with net income of $64,033 a year ago.
"The increase in sales for the quarter was due to successful sales efforts to increase market share of our existing products, as well as our recent introduction of new pet containment products," said CEO Don Boone.
As of Nov. 30, the company’s cash position was $7.26 million, and currently there is no borrowing against its $5.0 million line of credit.
Jewett-Cameron Trading Co. is a holding company that operates through subsidiary companies. Jewett-Cameron Lumber Corp. is a wholesaler of wood products and a manufacturer and distributor of specialty metal products, sold principally to home centers and other retailers. Greenwood Products is a processor and distributor of industrial wood and other specialty building products principally to customers in the marine and transportation industries. MSI-PRO is an importer and distributor of pneumatic air tools, industrial clamps, and the Avenger Products line of sawblades and other products. Jewett-Cameron Seed Co. is a processor and distributor of agricultural seeds.