LUMBERYARDS

Boise Cascade names Tom Corrick EVP Wood Products

BY HBSDEALER Staff

Boise Cascade Company has put Tom Corrick in charge of its Wood Products segment.

Officially taking the title of EVP, Corrick will assume leadership immediately, replacing Tom Lovlien, who is retiring on June 30.

"Tom has done an outstanding job growing our engineered wood products business and introducing our Boise Improvement Cycle for process improvement throughout Wood Products," said CEO Tom Carlile. "He also played a key role in our recent successful IPO process."

Corrick has been with the company since 1980 and has held various financial, planning, and operating positions since. He was tapped as EWP general manager in 1999, VP in 2004, and SVP in 2011, and is credited with playing a major role in the expansion of the segment over the last 15 years.

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Loss widens at Beacon Roofing Supply

BY HBSDEALER Staff

Herndon, Virginia-based Beacon Roofing Supply joined the long list of LBM-related companies to report a negative impact from severe winter weather.

Sales decreased 7.5% to $384.9 million during the company’s second quarter ended March 31. 

On an overall consolidated basis, residential roofing product sales decreased 12.1%, non-residential roofing product sales decreased 2.3%, and complementary product sales decreased 4.1%.

The company posted a net loss of $12.1 million in the quarter, compared with a net loss of $0.2 million in 2013.

“Severe winter weather that ranked among the 10 coldest on record in many states across the upper Midwest to the Southeast had a significant impact on our results this quarter,” said Paul Isabella, the company’s president and CEO. “Multiple winter storms that brought record snowfall and freezing rain delayed both residential and commercial roofing projects across our core markets.”

Isabella also pointed to strategic investments in equipment and inventory during the soft period.

The company opened its eighth new branch of the year, and is planning on adding up to 25 new branches for the full year. It currently operates 249 branches.

“We believe the second half of the year volume will be strong for both our residential and commercial markets,” Isabella added.

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At NHS, winners scoop up All-American Awards

BY HBSDEALER Staff

 Las Vegas — Special guest John Ratzenberger (and a handful of industry pros) took some time out at the National Hardware Show Wednesday to present a couple of quick awards to some especially patriotic companies.

The All-American Awards recognizes companies in the building products industry with an especially strong commitment to Made in USA.

Among the winners this year were Gorilla Glue for Best Packaging, Adams Manufacturing for Best Booth Display and Bully Tools for Best On-Site Marketing.

The awards ceremony was just the cherry on top of a Made-in-USA-fueled day, where visitors had the chance to visit a first-ever dedicated section on the show floor to Made in USA products. Over 125 companies were represented there.

John Ratzenberger is perhaps best known for his role on Cheers, but he was present in full force presenting the awards and at the Made in USA Grand Opening Ceremony on Wednesday, where he discussed the importance of the homegrown manufacturing cause.

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