Industry News
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Freddie Mac: Mortgage Rates Pull Back
By Jack Bjorklund / March 16, 2023According to the results of Freddie Mac’s Primary Mortgage Market Study (PMMS), the 30-year fixed-rate mortgage (FRM) averaged 6.60 percent. “Mortgage rates are down following an increase of more...
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SiteOne Landscape Supply Adds J&J Materials
By Glenn Pierce / March 16, 2023J&J Materials, a renowned wholesale distributor of hardscapes goods with five facilities in Rhode Island and Southern Massachusetts, was acquired by SiteOne Landscape Supply, Inc. “We are excited to...
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Berry Introduces a New Building Wrap for Bulk Water Drainage and Weather Protection
By Daniel Moore / March 15, 2023Berry Global Group, Inc. announced the launch of TYPAR DrainableWrap, the Company’s first drainable building wrap engineered to protect multi-story structures from the elements and manage excess moisture, to...
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Beacon Opens New Branch to Support Greater Milwaukee Contractors
By Chris Gordon / March 15, 2023Beacon has announced the opening of a new greenfield location in West Bend, Wisconsin. The West Bend branch serves the greater Milwaukee market, assisting customers in Washington County. “We...
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City Wide Facility Solutions Expands in Pennsylvania Opening New Locations Serving Bucks and Montgomery Counties
By Phil Garcia / March 14, 2023City Wide Facility Solutions, the premier facility maintenance management firm, has opened its fifth location in Pennsylvania. Ardmore, Bristol, Churchville, Fairless Hills, King of Prussia, Morrisville, Richboro, Willow Grove,...
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ABC Supply Adds Thermal Tech Assets
By Owen Everett / March 13, 2023ABC Supply Co. Inc., the biggest wholesale distributor of roofing and other specialized exterior and interior building supplies in North America, has purchased Thermal Tech, Inc., a siding distribution...
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WindowRama Opens New Location in Connecticut
By Daniel Moore / March 13, 2023WindowRama, the Northeast’s premier window, door, and skylight supplier, is pleased to announce the opening of its newest retail site at 1100 West Main Street in Branford, CT. This...
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Carter Lumber Expands in South Carolina
By Bobby Craig / March 10, 2023Carter Lumber is expanding its operations in Florence County, South Carolina. The $26 million investment will lead to the creation of 80 new jobs. According to a news release...
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True Value Introduces Automated Production Facilities
By Owen Everett / March 8, 2023True Value officials and Mark Kownick, mayor of the Village of Cary, attended a ribbon-cutting event to announce new, modern additions to its True Value Manufacturing site. The new...
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NAHB: Single-Family Market Share Continues to Shift Away from Densely Populated Areas
By Jack Bjorklund / March 8, 2023While nationwide single-family housing starts have slowed in the last year, the most significant reduction in percentage terms is occurring in the most crowded counties, where housing costs are...