SBC Industry News

It is becoming easier to kick start this whole home construction process and obtain AD&C loans. This upward trend in lending provides a meaningful window into future housing start trends, and thus, demand for structural building components.

In a recent presentation, Frank Turnbull of Mercer Timber Products discussed his company’s German imports to the US, tying the work of his company into a discussion of the opportunity for European lumber imports to compete in U.S. markets.

For years, the SBCA Capital Area Chapter has hosted golf tournaments to raise money for the BCMC Build, an SBCA event that involves members in building a home for a wounded veteran in the vicinity of where BCMC is held

Fifth-graders at Albert Harris Elementary School on Tuesday took part in a unique math lesson that could help them when they get ready to choose a place to live as adults.

Yesterday, Vancouver, British Columbia–based mass timber construction and design specialist Michael Green Architecture (MGA) announced its acquisition by Katerra, a Menlo Park, Calif.–based tech company looking to "redefine the construction industry."

A South Virginia truss plant that went into business in 2005 is currently up for sale with an asking prices of $2.4M.

Mead Lumber has entered into an agreement to acquire H.L. Munn Lumber in Ames, Iowa. Founded in 1891, H.L. Munn Lumber is a full service lumber and building materials supplier serving professional builders and commercial contractors in the greater Ames and Des Moines markets.

Standing close together to hear over the noise of saws and nail guns, U.S. Rep. Elise M. Stefanik, R-Willsboro and Daniel C. Tontarski, co-owner of Fabco Roof and Floor Trusses manufacturing, discussed the benefits and challenges of running a small manufacturing operation.

The owner of an Orange County factory that builds structural building components has announced a $2.4 million expansion that also will add 60 full-time jobs.

Over the first quarter of 2018, the total number of single-family permits issued nationwide reached 199,861. On a year-over-year basis, this is a 6.0% increase. Year-to-date, ending in March 2018, the total number of multifamily permits issued nationwide reached 105,562. This is 8.5% ahead of its level over the third month of 2017.

Builder confidence in the market for newly-built single-family homes rose two points to a level of 70 in May after a downwardly revised April reading on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).

US LBM released is Q1 financial results and a key report was that as a percentage of overall sales, engineered component sales decreased from 9.8% in 2017 to 8.6% in Q1 2018. This decline comes despite significant lumber cost increases in Q1.

U.S. LUMBER GROUP, LLC and Midwest Lumber announced today that they have signed an agreement under which U.S. LUMBER will acquire Midwest Lumber.

Builders FirstSource, Inc. today reported its results for the first quarter ended March 31, 2018.

On May 10, John Goodrich of Truss Engineering Corporation in Indian Orchard Massachusetts presented to building officials in Litchfield, Connecticut, covering “how to read a truss drawing, bracing [and] the BSCI documents,” he says.

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The count of unfilled jobs in the construction sector increased in March and approached the post-Great Recession high level.

BMC Stock Holdings, Inc. today announced its financial results for the first quarter ended March 31, 2018. BMC reported net sales of $834.2 million, an increase of 10.1%, including significant growth in Structural Components and Ready-Frame® sales.

Katerra is a company whose founders are using the fundamentals they’ve learned in the manufacturing industry to try to turn the construction industry on its head.