Jewett-Cameron authorizes share repurchase
North Plains, Ore.-based LBM distributor Jewett-Cameron Trading Company Ltd. authorized a share repurchase plan to purchase for cancellation up to 350,000 common shares through facilities of the NASDAQ Stock. This amount represents approximately 17% of the approximately 2.0 million common shares outstanding. During 2010, the Company repurchased 376,112 shares under a prior formal plan of repurchase, the company said.
This share repurchase plan may commence on January 24, 2011 and will remain in place until May 6, 2011 but may be limited or terminated at any time, the company said.
USG expands UltraLight distribution
Chicago-based USG Corp., makers of the Sheetrock brand of wall board, announced they have expanded distribution of their new Sheetrock UltraLight panels.
The panels, which are up to 30% lighter than typical gypsum wallboard, are now available to more than 500 retail and specialty dealer locations throughout the Midwest, Northeast and Southeast regions.
The company also announced the UltraLight panels received the Underwriters Laboratories Inc.’s UL Environment Gold Level Certification. The panels were found to hold environmental and human health attributes based on several factors, including: materials used, energy savings, manufacturing and operations, health and environment, product performance and use, and stewardship.
NextGen home at 2011 IBS donated to veteran
Orlando, Fla. — The 2011 NextGen "Flex-Home" is focused on four home-building buzzwords: green, efficient, safe and digital.
Another term could be "patriotic."
The modular home currently residing in the IBS Show Village in the parking lot outside the Orange County Convention Center here in Orlando will soon be shipped away to a veteran in need through the Rebuilding Together charity and Sears’ Heroes at Home.
The end recipient of the NextGen Home will be U.S. National Guard and Army Veteran Waldemar Alameda, 39, and his family located in Tampa, Fla. The Alameda family includes Waldemar, his wife and two children, a son 12 and a daughter 11. They reside in Tampa to be near the local Veterans Administration trauma facility.
For more sights and stories from around the International Builders’ Show, click here for the photo slideshow.