Weyerhaeuser completes sale of hardwoods business
Federal Way, Wash.-based Weyerhaeuser Co. has completed the sale of its hardwoods business to American Industrial Partners.
Total proceeds from the sale will be approximately $108 million.
Assets included in the transaction are located in Tuscumbia, Ala.; Elkhart, Ind.; Grand Rapids and Lewiston, Mich.; Brainerd, Minn.; Coos Bay, Eugene and Garibaldi, Ore.; Titusville, Pa.; Arlington, Centralia and Longview, Wash.; and Dorchester and Onalaska, Wis.
The business manufactures and distributes appearance lumber and plywood for use in cabinets, moldings, architectural millwork, panel furniture and retail boards. It also makes material for use in pallet cants and ties.
Making green homes stand out in a tough market
Green features around the house are an increasingly important part of a home sale in a buyer’s market, according to Bloomberg report.
While the housing slump enters its sixth year, builders in Texas and California are explaining the benefits of environmentally friendly features that can add appeal to new construction.
The article points to stats that show green homes accounted for 16% of the estimated $100 billion home-building industry last year, up from 2% in 2006.
LP: David Weekley’s “Partners of Choice”
LP Building Products has received the 2011 “Partners of Choice” Award for service from Houston-based home builder David Weekley Homes. LP, which was awarded an “A” in the service category, was one of 17 companies to receive an award out of about 150 of the company’s trade partners.
“It is an honor to receive this award and to be considered best in class by David Weekley Homes team members,” said Mike Sims, VP sales, LP Building Products. “The ‘Partners of Choice’ Award reflects LP Building Products’ commitment to David Weekley Homes and to all of our customers.”
David Weekley Homes’ supplier evaluation process is determined by the National Trading Partner Survey, a quarterly evaluation submitted by team members from every market and level inside the organization. The home builder’s team members rate trading partners on a scale of one to 10. Scores are then averaged and ranked from “A” to “F” in 20% increments.
“Our unique rating system allows the comparison of different companies from diverse industries in support of the home building industry and provides a quantifiable method to measure excellence,” said Bill Justus, VP supply chain services for David Weekley Homes, and chief architect behind this world-class evaluation platform. “Winning companies must ensure that not only themselves, but their channel partners are in alignment in delivering their products effectively and efficiently to their customer, David Weekley Homes.”