Business

Producer prices posted their highest monthly increase since April 2011 in September, rising 0.8 percent on the month, after remaining muted for the previous four months.

Champion Home Builders joins forces with California-based USModular to offer turnkey solutions to developers of multifamily projects.

Finnforest is planning production curtailments at sawmills belonging to its wood products industry division due to deteriorating sales opportunities on the domestic and foreign softwood lumber markets.

Net loss at Builders FirstSource (BFS) improved to $11.6 million during the third quarter from a $20.5 million loss during the same period last year.

Lowe's Companies, Inc. announced the company is closing 20 underperforming stores in 15 states

ProBuild, America's biggest full-service pro LBM company, said today it plans by mid-November to close 12 of its locations, 10 of which haven't been reported previously.

Profits in Stanley Black and Decker's construction and do-it-yourself (CDIY) segment rose 7% during the third quarter, compared with the same period a year ago, to $169.9 million.

Temple-Inland's net income plummeted 95% during the third quarter, compared with the same period last year, to $6 million, despite a 1% increase in net sales to $974 million.

Leading US timber products supplier Universal Forest Products has doubled its net earnings in the third quarter to US$5.6m (2010: US$2.6m).

Take a look in the old proverbial mirror and check your company’s safety program, training and execution on the jobsite. Make sure it’s not “pretty good.” Go for pretty great or phenomenal.