Weyerhaeuser named to sustainability index
Forest products giant Weyerhaeuser has been named to the Dow Sustainability Index, a service that tracks the financial performance of the leading sustainability-driven companies worldwide.
According to a joint press release from Dow Jones and Weyerhaeuser, the company is the only North American forest products company now in the industry category of the index.
The sustainability index conducts an annual assessment of corporations and their impact on economic, environmental and social issues. The goal is to show how sustainability “is being defined in the global marketplace,” while helping asset managers track sustainability-driven investment portfolios, according to the companies.
“Sustainability is a core value at Weyerhaeuser,” said Steven Rogel, chairman, president and CEO. “In all we do, from renewing our forests, to reducing the environmental footprint of our manufacturing operations, to building homes, to recovering paper for recycling, Weyerhaeuser strives to act sustainably.”
Selection to sustainability index was based on a third party assessment of Weyerhaeuser – the company took part in Dow Jones’ review process by submitting an application and providing other company information.
The Federal Way, Wash.-based company plans to release its most recent earnings statement on Oct. 31.
Whirlpool plans 100-year celebration of Maytag
Maytag will host a 100th “birthday party” event this month at Chicago’s Museum of Science and Industry, featuring a consumer laundry exhibit, Maytag antiques and other historical items on display.
Maytag, acquired last year by Whirlpool, saw its first washing machine built and sold in 1907 by Frederick Louis Maytag, who owned a farm-implement company. The first model was called the “Pastime.”
As part of the event, which is free and open to the public, the first 100 visitors will receive $100 gift cards to Home Depot. Additionally, the newly selected “Maytag Repairman,” Clay Jackson, and NBC Today Show weatherman Willard Scott will greet guests at the event.
The event is slated for Oct. 13 from 9:30 a.m. to 4 p.m.
Benjamin Moore to expand distribution center in Pell City
Paint maker Benjamin Moore will expand its distribution facility in Pell City, Ala., according to the [Talladega County, Ala.] Daily Home newspaper.
The company is planning a 100,000-square-foot addition to its 128,000-square-foot warehouse in the city, with construction of the first phase expected to be complete by next year.
The plant will expand from its current 800,000-gallon capacity to 1.5 million gallons. The facility is expected to further expand over the next 10 years.
Benjamin Moore, a Berkshire Hathaway company, manufactures paint, coatings and sundries under the Benjamin Moore, Moore’s and Moorcraft brands.