Business

Builders First Source (BFS) reported 2020 Q2 sales of $1.9 billion, a 2.25% increase compared to a year ago. 

BMC Stock Holdings (BMC) reported Q2 2020 sales of $979.89 million, an increase of $33.5 million, or 3.5% year over year. 

US LBM Holdings, LLC, a leading distributor of specialty building materials in the United States, has acquired Maner Builders Supply, a multifaceted building products dealer that operates locations in Augusta, Ga. and Aiken and Charleston, S.C. 

With school and summer activity schedules greatly altered as America continues to re-open in the wake of the coronavirus, the U.S. Department of Labor issued two Field Assistance Bulletins to clarify issues relevant to the pandemic’s effects on the workplace.

On July 6, 2020, the Federal Reserve Bank of Boston announced that the Main Street Lending Program is now fully operational.

American Construction Source, a leading national building materials distribution platform for custom home builders and repair and remodel contractors, backed by Angeles Equity Partners, LLC and Clearlake Capital Group, L.P., announced the acquisition of Weaver Lumber.

UFP Industries announced that one of its affiliates acquired the operating assets of T&R Lumber Company and its affiliates, Sullivan & Mann and Kelmar Creations.

The new $1.5 trillion Moving Forward Act (H.R. 2) doesn’t just have provisions for infrastructure, it also includes ample allotments for investing in U.S. housing.

On Saturday July 4, 2020, President Trump signed a new law extending the deadline for applying for a Paycheck Protection Program (PPP) loan from June 30 to August 8.

Atlas Engineered Products Ltd has said it is in a solid financial position despite the current coronavirus crisis and saw revenue grow by 14% in the first quarter of this year compared to the same period in 2019.