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Mortgage Rates are on the Down
By Jack Bjorklund / April 6, 2023The 30-year fixed-rate mortgage (FRM) averaged 6.28 percent, according to the results of Freddie Mac’s Primary Mortgage Market Study (PMMS). “Mortgage rates continue to trend down entering the traditional...
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US LBM Opens New Central Florida Truss Manufacturing and Distribution Facility
By Chris Gordon / April 5, 2023US LBM, a prominent specialist building materials distributor in the United States, has constructed a new floor and roof truss manufacturing facility as well as a building materials yard...
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Beacon Announces Two Acquisitions
By Owen Everett / April 5, 2023Beacon has acquired two companies: Hayward, California-based Al’s Roofing Supplies, Inc. and Neillsville, Wisconsin-based Prince Building Systems, LLC. Al’s has been servicing the San Francisco Bay Area for over...
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City Wide Facility Solutions Opens Fourth Location in Virginia
By Jack Bjorklund / April 4, 2023City Wide Facility Solutions, the premier management firm in the building maintenance industry, has announced the launch of its 88th facility, its fourth in Virginia. The I-81 Corridor and...
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ABC Supply Completes US LBM Standalone Wallboard Divisions Acquisition
By Daniel Moore / April 3, 2023Feldman Lumber, Richardson Gypsum, Rosen Materials, Wallboard Supply Company, and Coastal Roofing Supplies have been acquired by ABC Supply Co., Inc. from US LBM. Feldman Lumber, Richardson Gypsum, Rosen...
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Holcim US Expands Aggregates in Fast Growing Colorado Market
By Vince Harvey / April 3, 2023Holcim US has made its third acquisition in Colorado in recent months, bolstering its foothold in the fast growing state. Tezak Heavy Equipment (“Tezak”), a family-owned aggregates producer and...
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Hoover Treated Wood Products to Start Construction on New Texas Manufacturing Facility
By Alex Matthews / March 28, 2023The Fairfield Economic Development Corporation (EDC), the City of Fairfield, and Hoover Treated Wood Products (HTWP) broke ground on a new $9 million state-of-the-art wood treating facility that will...
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Sherwood Lumber Unveils Pennsylvania Distribution Center to Redefine its Position in Mid-Atlantic Markets
By Bobby Craig / March 28, 2023Sherwood Lumber, a leading distributor of external building goods and outdoor living solutions, has opened a new distribution center in Danville, Pennsylvania. This development expands Sherwood’s footprint in the...
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Mid-Am Building Supply to begin construction on new Iowa facility
By Chris Gordon / March 27, 2023Mid-Am Building Supply recently signed a long-term leasing deal with Knaebel’s, Inc. to lease a warehouse distribution facility in Mt. Pleasant that is still under construction. Mid-Am Building Supply...
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NAHB: New Home Sales Remained Relatively Unchanged in February 2023
By Jack Bjorklund / March 23, 2023Increased mortgage rates and home prices, as well as higher building expenses, all led to a drop in new home sales in February, but trends indicate that this will...