Industry News
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Capital Lumber and AZEK announce distribution partnership
A new strategic distribution partnership has been announced by The AZEK Company Inc. with Capital Lumber Company, a prominent distributor of construction products in the Western United States. This...
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Weyerhaeuser to build new Arkansas TimberStrand facility
Weyerhaeuser Company is planning to invest approximately $500 million in the construction of a new, state-of-the-art TimberStrand facility near Monticello and Warren, AR. This expansion will increase the company’s...
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Housing Costs Continue to Fuel Inflation
Inflation increased again in October, indicating that the last push to the 2% objective will be the most difficult. Shelter expenses continued to be the primary driver of inflation,...
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PrimeSource Building Products Expands Wolf Home Products to Southeast US
PrimeSource Building Products, Inc., a leader in building materials distribution, is pleased to announce the expansion of its Wolf Home Products brand into the southeastern United States. This smart...
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MoistureShield partners with BMD to expand in California, Oregon, and Nevada
Oldcastle APG’s hallmark brand, MoistureShield, has announced a new distribution collaboration with Building Materials Distributors, Inc. This will bring the manufacturer’s composite decking portfolio to the entire state of...
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ABC’s October Construction Backlog Indicator Falls, Contractor Confidence Rises
According to a poll of its member contractors performed from October 21 to November 4, Associated Builders and Contractors reported a Construction Backlog Indicator of 8.4 months in October....
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Second-Quarter Sawmill Production Rises
The production index for sawmills and wood preservation businesses increased by 0.2% in the second quarter of 2024. According to G.17 data, this was the first increase in real...
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White Cap Adds TOOFast Supply
White Cap, the leading distributor of specialty construction supplies and safety products for professional contractors, has acquired TOOFast Supply, a supplier of professional grade tools and fasteners with four...
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3Q Multifamily Developer Sentiment Was Mixed
Confidence in the market for new multifamily homes was mixed year on year in the third quarter of 2024, according to the National Association of Home Builders’ (NAHB) Multifamily...
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Mortgage Rates Reversed October Downtrend
Mortgage rates reversed their recent downward trend in October, returning to two-month-ago levels. According to Freddie Mac, the average 30-year fixed-rate mortgage rate climbed by 25 basis points (bps)...
