Industry News
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Featured Builder's Profile / Arlington, Massachusetts
Arlington Coal & Lumber Company
Arlington Coal & Lumber Company has supplied high-quality lumber and building materials to a wide range of professional contractors and homebuilders. With over 90 years of industry experience, the company only strives to provide thier clients with high-quality products and brands.
Shop online at Arlcoal.com
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High Mortgage Rates Cool Builder Confidence
By Jack Bjorklund / June 19, 2024Mortgage rates remain in the 7% level, and rising construction financing costs continue to dampen builder optimism. Builder confidence in the market for newly built single-family homes fell two...
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Private Residential Construction Spending Rising in April
By Jack Bjorklund / June 3, 2024After declining 0.4% in March, private residential building spending increased 0.1% in April, according to a post from National Association of Home Builders (NAHB). The seasonally corrected annual rate...
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Truckee-Tahoe Lumber Co. adds NVO Construction
By Phil Garcia / June 3, 2024Truckee-Tahoe Lumber Co. & Design Center’s president and CEO, Andrew Cross, announced the company’s expansion into structural building components with the acquisition of the assets of NVO Construction Components,...
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LeNoble Lumber Company expands with new distribution location
By Chris Gordon / May 31, 2024LeNoble Lumber Co., Inc., a leading distributor of high-quality lumber, plywood, and building materials, is pleased to announce the opening of its new distribution center in Edison, New Jersey,...
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R.P. Lumber to acquire Thorne Lumber
By Glenn Pierce / May 30, 2024R.P. Lumber Co., Inc. is acquiring Thorne Lumber Company, an independently held hardware and building supplies company with three sites in northwestern Missouri. The terms of the transaction were...
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Cameron Ashley Building Products adds third location in Wisconsin
By Daniel Moore / May 30, 2024Cameron Ashley Building Products has announced the launch of their new distribution hub in Milwaukee, Wisconsin. This is Cameron Ashley’s third distribution location in Wisconsin. The Milwaukee distribution location...
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New Home Preference Continues Rising
By Jack Bjorklund / May 24, 2024New homes’ appeal is just getting stronger. In a recent NAHB study, 61% of home buyers said their first choice is a newly constructed house when faced with the...
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IG Railing opens wholesale dealers in Texas and Georgia
By Chris Gordon / May 3, 2024Coffman will immediately distribute IG Railing, a well-known brand of frameless glass railing, from its warehouses in Texas and Georgia. IG Railing is built on a patented base known...
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Top Earners: States with Highest Construction Wages in 2024
By Jack Bjorklund / May 2, 2024According to the most recent Current Employment Statistics (CES) report from the Bureau of Labor Statistics (BLS), not seasonally adjusted (NSA) average hourly earnings (AHE) in construction climbed 5%...
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March Sees Significant Drop in Construction Jobs
By Glenn Pierce / May 1, 2024The number of total job vacancies for the entire economy has decreased over the last year as monetary policy has tightened. This is consistent with a somewhat calmer economy,...