Latest News
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Construction Job Openings Slowdown
According to the Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey (JOLTS), the number of open construction sector jobs decreased in June as home development slowed and...
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Westlake Royal Building Products Expands Boise Cascade Partnership
Westlake Royal Building Products, a Westlake subsidiary, has expanded its cooperation with Boise Cascade, a leading manufacturer and distributor of building materials across North America. Boise Cascade will distribute...
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Sawmill Production Drops During the First Quarter
The sawmill and wood preservation sectors’ production index declined to 91.9 in the first quarter of 2024 (the indicator measured real output in 2017 at 100). According to the...
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Kodiak Building Partners Expands in Pacific Northwest, Adds Thomas Building Center
Kodiak Building Partners, a premier building materials distribution company, has announced the acquisition of Thomas Building Center, which strengthens both companies’ commitment to increasing their local market leadership in...
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Bagwell Lumber breaks ground for new expansion project
Bagwell Lumber has broken ground on its new storage facility at North Central Avenue in Avon Park. It is projected to be completed within six to eight months, with...
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Parksite To Bring Innovative IG Railing to Ohio and Florida Homes
Parksite Inc. will now offer IG Railing, a brand of frameless glass railing, in its Ohio and Florida regions. IG Railing is constructed on a base mount known as...
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Single-Family Slips, Multifamily Surges in June
Increased interest rates on home mortgages and construction and development loans slowed single-family production and demand in June. Housing starts jumped 3.0% in June to a seasonally adjusted annual...
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Builder Confidence Drops to Lowest Level in 7 Months as Rates Bite
Mortgage rates averaged 6.92% in June, according to Freddie Mac, and high rates for construction and development loans continue to dampen builder optimism. Builder confidence in the market for...
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White Cap Acquires B&R Reinforcing
White Cap has finalized an agreement to acquire B&R Reinforcing, Inc., a Columbus, Ohio-based supplier of fabricated rebar and concrete accessories that serves the non-residential and infrastructure end markets....
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Woodgrain Expanding TimberTech Reach to New Mexico
The AZEK Company and Woodgrain, Inc. announced that Woodgrain’s distribution agreement with AZEK has expanded to include its Albuquerque location, which will provide TimberTech by AZEK decking and railing...
