Industry News
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New single-family home sales surged in August, as housing demand was supported by low interest rates, a renewed consumer focus on the importance of housing, and rising demand in lower-density markets like suburbs and exurbs.
Builders FirstSource has confirmed that veteran LBM executive Jim Stockman has joined the pro dealer.
US LBM, a leading distributor of specialty building materials in the United States, announced today the recent opening of a new full line building materials location in Lakeland, Fla.
Prices paid for goods used in residential construction continued their upward trend in August, increasing 0.9% (not seasonally adjusted) according to the latest Producer Price Index (PPI) report released by the Bureau of Labor Statistics.
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U.S. manufacturing is faced with two challenges in today’s market - an aging population and a shortage of workers, both challenging issues for component manufacturers.
On September 3, the Federal Motor Carrier Safety Administration (FMCSA) announced it is seeking comment on a proposed pilot program for hours of service regulatory relief by allowing participating drivers to pause their on-duty driving period with one off-duty period of up to 3 hours (85 FR 55061).
To ensure continuity of operations of essential functions, CDC advises that critical infrastructure workers may be permitted to continue work following potential exposure to COVID-19, provided they remain asymptomatic and additional precautions are implemented to protect them and the community.
The U.S. Department of Labor’s Wage and Hour Division (WHD) recently issued revised regulations to the paid sick leave and expanded family and medical leave provisions of the Families First Coronavirus Response Act (FFCRA).
A team of carpenters are using 800-year-old techniques to painstakingly rebuild Notre Dame Cathedral.
As summer turns to fall in a year that has been anything but normal, the nation’s most in-demand housing markets are not the usual suspects.
Kodiak Building Partners announced internal promotions that the company says will further enhance its pursuit of a vision of “Creating a culture that empowers local leaders to succeed in the communities they serve” and improve its responsiveness and collaboration across all companies.
Hawaii-based HPM Building Supply doubled its Oahu footprint, became Hawaii’s exclusive distributor for SCAFCO steel framing, and expanded its product selection to include CertainTeed acoustical ceiling panels and other commercial interior materials.
Interfor Corporation, the Vancouver, British Columbia-based lumber producer, has reached an agreement to sell its specialty sawmill located in Gilchrist, Ore. to Neiman Enterprises Inc.
In a strong signal that housing is leading the economic recovery, builder confidence in the market for newly-built single-family homes increased five points to hit an all-time high of 83 in September, according to the latest NAHB/Wells Fargo Housing Market Index (HMI).