Tony Mollica Named CEO of Twin Rivers

When it comes to home design, our choices reflect not only our tastes but also our values, lifestyle, and goals for the future. This philosophy drives Amber Roy of Amber Dawn Interiors to design authentic spaces for her clients, and decorating with an eye toward environmental considerations is a growing part of the conversation. Amber recently collaborated with Astek Home and Monadnock Paper Mills—both sustainability-minded organizations—to help her client transform a purely functional laundry room into a beautiful space she felt good about. After choosing fresh countertops, tall cabinets, and crown molding to add character to the room, she knew that a unique wallpaper would be the detail that tied the whole project together. Wallpaper technology has advanced significantly in the last few decades, and the gamut of offerings now includes pre-pasted options for DIYers. Vinyl is still popular, but according to Amber, the shift is trending toward mindful material choices and alternative substrates that offer the same vibrant color quality and performance without all the chemicals and messy adhesives.

Mondi South Africa has announced a significant commitment of over €680,000 (R13 million) towards water stewardship, prolonging its partnership with WWF South Africa for another three years to 2027. This marks the fourth phase of the WWF-Mondi Partnership, which has been in place for over 30 years and is one of the longest-running corporate partnerships of WWF South Africa. The partnership has historically focused on wetland conservation and water stewardship in priority catchments, and it will continue to address the pressing need for water security in South Africa. Mondi South Africa aims to work within its operations to reduce its water footprint, and support water security initiatives beyond our operational boundaries. The partnership brings together multiple stakeholder groups such as government representatives, local communities, NGOs and other private sector organisations.

INTERFOR CORPORATION recorded net earnings in Q3’17 of $16.8 million, or $0.24 per share, compared to $24.5 million, or $0.35 per share in Q2’17 and $15.1 million, or $0.22 per share in Q3’16. Adjusted net earnings1 (which takes into account the effects of share-based compensation expense and non-recurring items) in Q3’17 were $20.0 million or $0.29 per share, compared to $28.7 million, or $0.41 per share in Q2’17 and $20.7 million, or $0.30 per share in Q3’16. Adjusted EBITDA1 for Q3’17 was $60.5 million (or $70.0 million excluding the impact from $9.4 million of softwood lumber duties expense), on sales of $489.2 million versus $77.4 million on sales of $511.4 million in Q2’17. Notable items in the quarter included: * Mixed Benchmark Lumber Prices and Stronger Canadian Dollar * Total lumber production was 645 million board feet, or 10 million board feet fewer than the prior quarter. Click Read More below for additional information.