Weyerhaeuser gives grant to environmental group
The Weyerhaeuser Co. Foundation has agreed to donate $60,000 to the Athena Institute, a nonprofit organization that works with architects, engineers and other building industry personnel to find ways to lessen the environmental impact of building projects.
“This grant will help them improve tools for assessing how building products and systems affect the environment,” said Karen Johnson, president of the foundation.
Wayne Trusty, president of the Athena Institute, said the grant will be used to update the organization’s software, known as the “Athena Impact Estimator” for building projects. The software evaluates whole buildings to give a view of the total environmental impact of an individual building project. The software uses “life cycle assessment” methodology, which assesses the environmental performance of building materials and structures over the course of their entire “lives.”
“Athena will now be able to take more information into account with regard to the production, use and disposal of building products,” Trusty explained. “As a result we will be able to look at a broader range of environmental impact measures for products used in buildings, and our new software system will now better integrate current environmental procedures and standards.”
The Weyerhaeuser Co. Foundation is the philanthropic arm of forest products company Weyerhaeuser. The foundation aims to support environmental and forest sustainability initiatives.
Home Depot elects new board member
Home Depot has named Armando Codina the 12th member of the company’s board of directors.
Codina, 60, is president and CEO of Flagler Development Group, a Florida-based commercial real estate firm.
Flagler is a subsidiary of Florida East Coast Industries (FECI). FECI was acquired in July of this year by funds managed by Fortress Investment Group, a global alternative asset manager with approximately $36 billion in assets under management.
At the time of the acquisition, Codina was the largest private shareholder of FECI, having sold his 26-year-old predecessor firm, the Codina Group, to FECI in April 2006. Prior to establishing the Codina Group, Codina was president of Professional Automated Services, a firm created in 1970 to provide data processing services to physicians.
“We are extremely pleased to have a business leader and entrepreneur of the caliber of Armando Codina join our board of directors,” said Frank Blake, chairman and CEO of Home Depot. “He brings enormous financial, operational and strategic expertise to the board and to our business.”
Southern Milling & Lumber plans South Carolina facility
Florida-based Southern Milling & Lumber will build a $1.2 million manufacturing facility in Calhoun County, S.C., according to the Calhoun Times Democrat newspaper.
The facility will produce lumber, wood pallets and specialty packaging. Construction on the new facility is expected to be completed by the end of 2007.
The manufacturing plant is expected to employ about 50 people in the area, which has recently been investing in economic development.
Based in Lakeland, Fla., Southern Milling & Lumber specializes in wholesale lumber sales and lumber remanufacturing.