Louisiana-Pacific Agrees to Buy 50% Share in British Columbia OSB Mill
By buying Canfor's 50 percent share, LP will become sole owner of the OSB mill.
By buying Canfor's 50 percent share, LP will become sole owner of the OSB mill.
Profit increased 15 percent year-over-year, to $3.1 million.
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Most recent estimate from the BEA is a higher growth rate than previously reported.
Decline is the result of lower prices for petroleum and coal products.
Sales in the fourth quarter were 3.9 percent above the prior-year period.
Vinnie Vellucci will retire after nearly 44 years with Arrow.
Acquisition enhances offerings to customers in the U.K. and Europe.
Profit fell 8.3 percent from the prior-year period.
Grainger's vice president of e-commerce talks about the value of the platform to the $8.1 billion distributor.
Magazine recognizes companies making sustainability a core part of their strategy.
The Swedish manufacturer will implement SEK 1 billion (US$150 million) in cost-saving measures by the end of 2013.
Seven of 12 Federal Reserve Districts reported slowing or contraction in manufacturing.
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Regional machinery, resource and steel sectors declined, and auto sector production was flat.
Advance report: Excluding transportation, new orders increased 1.5 percent.
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The Conference Board LEI for the U.S. increased 0.2 percent in October to 96.
The index's three-month moving average, CFNAI-MA3, decreased from -0.36 in September to -0.56 in October.
Manufacturing production expected to increase 2 percent in 2013 pending 'fiscal cliff' compromise.