Business

BFS’ Net Income Up 50%, Component Sales up 9.6%

May 13, 2019

Builders FirstSource (BFS) posted a net income of $35.7 million in the first quarter of 2019, which is more than a 50% increase from the same period last year.

Kingspan Moves On After Recticel Rejects Buy Offer

May 8, 2019

Kingspan has moved on from its discussions with Recticel over bids for a part or whole of its Belgian rival and sees little hope of a deal being revived, the Irish insulation company’s chief executive said on Friday.

Boise Cascade Completes Acquisition of American Lumber Distributors

May 7, 2019

Boise Cascade Company (Boise Cascade) (NYSE: BCC) today announced the completion of the acquisition of American Lumber Distributors headquartered in Birmingham, Alabama.

Knauf Expands Building Material Empire Through USG

May 1, 2019

It was announced recently that German building materials giant Gebr. Knauf KG had completed its acquisition of USG Corporation, paying $7 billion for the gypsum manufacturer. 

Could Driver Shortage Get Worse Because of This?

April 29, 2019

Drivers addicted to drugs will likely have a much more difficult time maintaining a commercial driver’s license (CDL) beginning next year – potentially making it more difficult for carriers to seat their trucks, according to a trucking regulation expert.

Clayton Homes Creates New TN Component Factory

April 29, 2019

Berkshire Hathaway-owned Clayton, which made its name as America's No. 1 manufactured home producer, announced plans this week to build a $14-million, 130,000 square foot facility in Westmoreland, Tenn., that will set up to produce wall panels and trusses spec'd for use among builders of single-family and multifamily site-built homes and apartments.

Ply Gem Merges with Engineered Bldg & Insulated Panel Firm

April 24, 2019

NCI Building Systems, which recently merged with Ply Gem Building Products, will operate as Cornerstone Building Brands, effective May 24, 2019, according to a news release. Cornerstone Building Brands makes and sells windows, vinyl siding, insulated metal panels, metal roofing and wall systems, and metal accessories.

ACC Honors Covestro’s PUReWall for Product Safety

April 24, 2019

For the fourth year running, the American Chemistry Council (ACC) recognized Covestro LLC with a Responsible Care® Product Safety Award. The company, a leading producer of high-performance polymers in North America, received the award at the ACC's annual Responsible Care®Conference & Expo, held recently in Fort Lauderdale, Florida.

Kingspan Moves to Buy Recticel’s Insulation Unit

April 24, 2019

Irish building material manufacturer Kingspan Group has made an offer to buy Recticel NV/SA's insulation and flexible foams divisions for $791 million.

Shelter Systems Launches 360 VR Video

April 22, 2019

This spring, Shelter Systems Limited of Westminster, Maryland, unveiled a new 360⁰ virtual reality (VR) plant tour. Jason Hikel, Shelter’s Systems IT Director, is excited about the ways they can use the video to promote their company.