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Core Natural Resources (CNR) provides essential updates for stakeholders tracking this leading coal producer's market activities. This centralized hub aggregates all press releases and news related to CNR's mining operations, strategic partnerships, and industry developments.
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Bookmark this page to monitor CNR's navigation of coal price fluctuations, regulatory changes, and evolving demand in seaborne markets. Check regularly for objective updates about this NYSE-listed company's performance in the broader energy sector.
Cornerstone Building Brands, Inc. (NYSE: CNR) has successfully acquired Union Corrugating Company Holdings, Inc. (UCC), enhancing its position in the metal roofing market. This acquisition aims to broaden the solutions available to customers, particularly in the growing residential metal roofing sector, allowing for increased manufacturing economies of scale. The transaction was financed using cash on hand, and UCC's financial performance will be integrated into Cornerstone's Commercial business segment.
Cornerstone Building Brands (NYSE: CNR) has appointed Jason Flack as President of the Stone Solutions business unit effective December 1, 2021. Flack brings over 20 years of experience from leading sales organizations in building materials and automotive sectors, including his previous role at Firestone Building Products. Under the leadership of Rose Lee, the CEO, the company aims to enhance customer partnerships and growth in the exterior building solutions market.
Cornerstone Building Brands (CNR) reported a strong third-quarter 2021 with net sales of $1.44 billion, reflecting 18% growth compared to last year. Earnings reached $4.82 per diluted share, though adjusted net income decreased by 32.1% to $0.39 per diluted share. The company has agreed to acquire Union Corrugating Company to enhance its residential metal roofing portfolio. Net debt leverage improved to 3.7x, down 1.2x from the previous year, with a projected sales range of $1.425 billion to $1.475 billion for the fourth quarter.
Cornerstone Building Brands (NYSE: CNR), the largest exterior building products manufacturer in North America, is set to announce its third-quarter financial results on
Cornerstone Building Brands, Inc. (NYSE: CNR) will host National Manufacturing Day events throughout October 2021 to highlight the significance of U.S. manufacturing and career opportunities in the field. The events, including in-person and virtual tours, will take place at multiple facilities across the country, starting October 1 in Martinsburg, W.Va. and concluding October 28 in Houston, Texas. With a pressing need for skilled workers—four million jobs expected by 2030—these initiatives aim to address workforce challenges exacerbated by the COVID-19 pandemic.
Cornerstone Building Brands (NYSE: CNR) announced the appointment of Brigette Gage as Senior Vice President, Supply Chain, and Keith Scherzer as Senior Vice President, Operations for the U.S. Windows Group. Gage brings 25 years of experience from her prior role at Baker Hughes, focusing on supply chain leadership and strategic roadmap implementation. Scherzer, with nearly 30 years of manufacturing experience, will oversee U.S. Windows operations, driving quality and supply chain optimization. These additions aim to enhance operational efficiency and strengthen the company's market position.
CARY, N.C. – Cornerstone Building Brands (NYSE: CNR) has announced the grant of employment inducement awards to Rose Lee, who commenced her role as President and CEO on September 6, 2021. The Board approved these awards under NYSE governance rules, allowing a maximum of 1,300,986 shares of common stock to be issued. This includes 262,466 options with an exercise price of $17.45, 183,268 restricted stock units, and 855,252 performance share units based on performance metrics over three years, contingent on Lee's continued employment.
Cornerstone Building Brands (NYSE: CNR), the leading manufacturer of exterior building products in North America, will participate in the RBC Capital Markets Global Industrials Virtual Conference. Key executives, including James S. Metcalf, Rose Lee, and Jeff Lee, will engage in a virtual fireside chat on September 10, 2021, at 10:00 a.m. EDT. The event can be accessed via the provided link, with a video webcast and replay available on the company's investor relations page.
EnPro Industries, Inc. (NYSE: NPO) has appointed Judith A. Reinsdorf to its Board of Directors. Reinsdorf previously served as Executive Vice President and General Counsel at Johnson Controls (NYSE: JCI) until her retirement in 2017. She has extensive governance experience, having chaired the Governance Committee at Alexion Pharmaceuticals and Dun & Bradstreet. David Hauser, Chairman of EnPro, expressed confidence that her leadership and strategic expertise will enhance the company's optimization and growth strategy.
Cornerstone Building Brands (NYSE: CNR) has successfully acquired Cascade Windows for approximately $245 million, adjusting for customary costs. Cascade specializes in energy-efficient vinyl windows and doors and operates across the West and Pacific Northwest with 800 employees at nine locations. This acquisition bolsters Cornerstone's manufacturing capabilities in the growing west coast market and enhances its product offerings for residential construction and remodeling. The deal reflects Cornerstone's strategy to expand its portfolio and strengthen its market position.