Building-construction
Building products maker Carlisle said its purchase of the expanded polystyrene insulation business of Canada's Plasti-Fab will expand retail channels and lead to cost savings from Plasti-Fab's EPS resin making capability.
A Switzerland-based cement company is acquiring a Michigan-based maker of building materials to expand building solutions and serve its North American customer base.
The August price drop for PVC was tied into lower construction activity in the region. Construction accounts for 60 percent of the market for the material.
UFP Industries Inc. will transition leadership toward the end of the year as CEO Matthew Missad prepares to step down as part of a long-term succession plan.
Modular system for living in space comprised of expanded polypropylene.
After successful pilot program in Ohio, a trade group is building network of installers, recyclers and collection sites to reclaim 5 million pounds of post-consumer rigid vinyl in 2025.
The Benton Harbor, Mich.-based appliance maker began job cuts in March and will terminate 1,000 employees by the time it's done, "in an effort to reduce complexity and simplify our organization model."
Demand for PVC has grown as most of North America gears up for construction season. Construction is the biggest single end market for vinyl.
The building products manufacturer will eliminate 72 positions at New Jersey facility.
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