SBC Industry News

Drexel Building Supply has introduced a new charitable initiative: the PAULS Program.

Forest products and building materials buying group Lumbermens Merchandising Corporation (LMC) appointed Paul Ryan as the group’s new president and CEO.

Read the top ten most read Industry News headlines of the past quarter.

Two long-standing family businesses are joining forces with Hancock Lumber’s announcement of plans to acquire Lapointe Lumber, a fourth-generation independent building materials supplier that’s operated in the Augusta and Gardiner markets since 1947.

A-1 Roof Trusses, a leading manufacturer of pre-engineered wood trusses, announced today that Jerry Vulgaris has joined A-1 as its new Vice President of Sales & Marketing.  

President Joe Biden unveiled a sweeping $2.25 trillion infrastructure plan today that calls for investing $213 billion to produce, preserve, and retrofit more than 2 million affordable and sustainable places to live.

Utah Business Magazine honored the 2021 CEOs of the year on March 25, 2021 at the Grand America Hotel in Salt Lake City.

Builders FirstSource, Inc. has announced that Dave Flitman has been appointed chief executive officer.

American Construction Source (ACS) announced that it has acquired Foley Lumber and Milaca Building Center.

Cloud-based construction management software provider Buildertrend acquired CoConstruct, a complementary provider of construction project management software for the residential construction industry.

The December Household Spending Survey, published by the New York Federal Reserve Bank, showed a modest increase in household spending over the past four months, and a surge in the median expectation for year-ahead household spending to highest level since August 2015.

Alpine’s latest eShop Plant Management Software simplifies the user experience for shop employees and managers alike, while collecting robust production data to maximize operational decision-making.

Last fall’s M&A feeding frenzy made more than a few independents nervous.

The lumber market could be entering a buyer’s market, Justin Binning and Ken Timmins shared on the Structural Building Components Association’s (SBCA) most recent Lumber Connection podcast.

Despite high buyer traffic and strong demand, builder sentiment fell in March as rising lumber and other material prices pushed builder confidence lower.

Housing production continue to slow in February off strong levels as rising lumber and other material prices continue to affect the housing industry.

Lennar has announced the formation of the Upward America Venture, a platform that will acquire single-family homes for rent in high-growth markets across the United States.

It’s impossible to miss today’s white-hot LBM M&A market.

“Fall Protection – General Requirements” is OSHA’s most frequently cited standard for the 10th successive fiscal year, the agency announced Feb. 26 during an exclusive Safety+Health webinar.