Can you decouple parts of the economy from another and still have a strong recovery? That’s the question the U.S. economy is facing today, and the so-called “K-shaped” recovery is sending mixed-messages depending on where you look.
Jess Lohse has been named Executive Director for the Structural Building Components Association (SBCA), starting September 8, 2020.
SBCA and Qualtim are pleased to announce that Kirk Grundahl, P.E., has retired as the Executive Director of SBCA although he will continue his work in the structural building components industry through his affiliation with Qualtim.
The International Code Council (ICC) has announced its Off-Site and Modular Construction Standards Committee is developing two new standards.
Today, the U.S. Department of Labor’s Wage and Hour Division (WHD) published new frequently asked questions (FAQs) for workers and employers about qualifying for paid leave under the Families First Coronavirus Response Act (FFCRA) related to the reopening of schools.
The recent spike in softwood lumber prices has caused the price of an average new single-family home to increase by $16,148 since April 17, according to NAHB standard estimates of lumber used to build the average home.
Builders FirstSource, Inc. and BMC Stock Holdings, Inc., today announced that they have entered into a definitive merger agreement under which Builders FirstSource and BMC will combine in an all-stock merger transaction to create the nation’s premier supplier of building materials and services.
Canada largely won a case before the World Trade Organization on Monday in a long-running dispute with the United States over U.S. duties imposed on Canadian softwood lumber exports.
As we reported last week, component manufacturers (CMs) across the country are witnessing “unprecedented increases, [80% since mid-April,] in softwood lumber costs in all markets amongst all grade and species combinations.”
At a trade show last fall, my business partner and I met a third-generation owner of a truss plant. He was in search of ideas, perhaps a fresh perspective, new technology maybe?
According to a recent EHS article about drug testing policies as they relate to the legalization of marijuana, “In a 2019 National Safety Council (NSC) survey, 81 percent of employers were ‘concerned’ about the drug having a negative impact on their workforce.”
The housing market has done surprisingly well during the coronavirus pandemic, but builders are concerned that a doubling in lumber prices caused by pandemic-induced mill shutdowns is adding thousands of dollars to the cost of new homes and could dampen the industry's contribution to an economic recovery.
Last week, SBC Magazine sent out an online survey asking component manufacturers to share their thoughts regarding the current lumber market.
In a sign that housing continues to lead the economy forward, builder confidence in the market for newly-built single-family homes increased six points to 78 in August, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI).