Industry News
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Boise Cascade to Acquire Coastal Plywood Operations
By Vince Harvey / June 11, 2022Boise Cascade Company announced an agreement to purchase Coastal Plywood Company, including its two manufacturing facilities, from Coastal Forest Resources Company for $512 million, subject to certain closing adjustments....
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CRH to acquire Barrette Outdoor Living for $1.9 billion
By Bobby Craig / June 7, 2022CRH plc, a Dublin-based building materials provider, has announced a $1.9 billion acquisition agreement with TorQuest Partners and Caisse de dépôt et placement du Québec for Barrette Outdoor Living,...
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Phoenix Investors Affiliates to Break Ground at Beloit Gateway Business Park
By Chris Gordon / June 3, 2022Phoenix Investors (“Phoenix”), a national private commercial real estate firm headquartered in Milwaukee, Wisconsin, has acquired a 56.2-acre site in Beloit’s Gateway Business Park. Phoenix chose General Contractors, Inc....
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Leaf Home Expands into New Markets and States Across the U.S.
By Glenn Pierce / June 1, 2022Leaf Home, a leading technology-enabled direct-to-consumer provider of home solutions, announced the opening of seven new offices in the United States in May under its gutter protection, safety, and...
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LP Building Solutions Named as Forest Conservationist of the Year by Tennessee Wildlife Federation
By Owen Everett / May 30, 2022The Tennessee Wildlife Federation’s 57th Annual Conservation Achievement Awards recognized LP Building Solutions (LP), a leading manufacturer of high-performance building products, as the Forest Conservationist of the Year. The...
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Mid-Cape Adds New Trucks to ‘Fleet of Hope’
By Zach Myers / May 20, 2022Mid-Cape Home Centers, a division of US LBM, has added two newly-wrapped Trucks-for-a-Cause to their ever-growing ‘Fleet of Hope.’ A Big Brothers Big Sisters truck and a Mental Health...
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Builder Confidence Falls as Interest Rates Rise, Exacerbated by Rising Affordability Concerns
By Vince Harvey / May 18, 2022Builder confidence fell sharply in May, indicating that the housing market is now slowing, as rising affordability challenges in the form of rapidly rising interest rates, double-digit price increases...
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Nucor to Acquire C.H.I. Overhead Doors from KKR
By Daniel Moore / May 16, 2022Nucor Corporation announced that it has entered into an agreement to acquire C.H.I. Overhead Doors (C.H.I. ), a leading manufacturer of overhead doors for residential and commercial markets in...
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The Black Label of Tropical Forest Products Joins Forces with Ganahl Lumber for California Distribution
By Phil Garcia / May 12, 2022Tropical Forest Products announced today that its Black Label premium brand of Ipe and other tropical hardwoods will be distributed throughout California through a distribution partnership with Ganahl Lumber....
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Clark Announces Mid-Atlantic Regional Expansion
By Alex Matthews / May 10, 2022Clark Construction Group announced an expansion plan that will increase the company’s presence in the Mid-Atlantic region. The plan includes opening a new 128,000 square-foot office in McLean, Virginia,...