Latest News
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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...
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Beacon Adds Roofers Mart of Southern California
Beacon announced the completion of the acquisition of Roofers Mart of Southern California, Inc. (Roofers Mart) in Walnut, California. Roofers Mart has been serving roofing contractors in Los Angeles...
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NAHB: Lot Values Are On The Rise
According to National Association of Home Builders (NAHB)’s research of Census Bureau Survey of Construction (SOC) data, lot values for single-family detached spec homes continued to grow, with national...
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Beacon Adding Extreme Metal Fabricators & Integrity Metals Acquisitions
Beacon has acquired Extreme Metal Fabricators, LLC, which has offices in Key Largo and Palm City, Florida, as well as Integrity Metals, LLC, which has locations in Gainesville and...
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ABC: Construction Backlog Up Slightly in June
According to an Associated Builders and Contractors (ABC) member survey performed between June 20 and July 3, the Construction Backlog Indicator climbed to 8.4 months in June. The reading...
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MBA: Increased Mortgage Activity in June
From May to June, the Market Composite Index, a measure of mortgage loan application volume derived from the Mortgage Bankers Association’s (MBA) weekly survey, rose by 8.2% on a...
