Industry News
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NAHB: Softwood Lumber Prices Still Rising in April
By Jack Bjorklund / May 17, 2021Softwood lumber prices have risen by 121.1 percent year on year. According to the latest Producer Price Index (PPI) released by the Bureau of Labor Statistics, prices paid for...
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Royal Building Products Expands Cedar Renditions Line to Include Soffit
By Chris Gordon / May 7, 2021Soffit has been added to Royal Building Products’ award-winning Cedar Renditions by Royal Aluminum Siding. The newly added 6″ soffit is now available in the United States and Canada....
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Sunpro Expands, Acquires Columbia Millworks
By Alex Matthews / May 4, 2021Sunpro, a leader in the Utah and Idaho lumber and building materials industries, announced the acquisition of Columbia Millworks, a high-end custom door and millwork supplier based in Vineyard,...
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UFP Industries acquired Endurable Building Products
By Daniel Moore / May 4, 2021UFP Industries, Inc. announced today that Endurable Building Products, LLC’s assets have been acquired by a wholly-owned subsidiary of UFP Construction, LLC. Endurable, headquartered near Minneapolis, Minnesota, is a...
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US LBM Acquires Higginbotham Brothers
By Glenn Pierce / May 3, 2021Higginbotham Brothers, a building products dealer with 38 locations in Texas and two in Oklahoma, has been acquired by US LBM, a leading distributor of specialty building materials in...
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Soaring Lumber Prices Add Close to $36,000 to the Cost of New Single-family Home
By Jack Bjorklund / May 2, 2021The National Association of Home Builders (NAHB) reported in February that high lumber prices had added more than $23,000 to the average cost of a new home. The rising...
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Employees Acquired Ward Lumber
By Chris Gordon / May 2, 2021Ward Lumber employees have purchased the 130-year-old company as a worker-owned cooperative. The transaction represents the first employee ownership transition of its kind in New York’s North Country region....
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RoyOMartin Increases Capacity for Eclipse OSB Radiant Barrier
By Glenn Pierce / May 2, 2021At its Corrigan Texas facility, RoyOMartin is adding a new production line for Eclipse OSB Radiant Barrier. Bobby Byrd, RoyOMartin’s director of sales, stated, “As always, RoyOMartin strives to...
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OZCO Building Products Acquired by Hillman Companies
By Zach Myers / April 29, 2021OZCO Building Products has been acquired by The Hillman Companies. OZCO is a leading manufacturer of outdoor hardware in the United States and Canada, with annual net revenue of...
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Professional Builders Supply Establishes Distribution Center in Charlotte
By Daniel Moore / April 29, 2021Professional Builders Supply (PBS) has opened a new distribution facility in Charlotte, North Carolina, to increase its capacity and product offering in the market. The exterior trim and siding...