SBC Industry News

Innovation in construction frequently takes a linear approach, starting with identifying the next opportunity and then producing a product that wins market share.

Today we issued a WARN Act notice to our Elgin, Oregon employees. We issued the notice in order to ensure that all employees are aware it is possible the mill will have to reduce production levels beginning on or about January 1, 2021

In a further show of strength for the housing sector, builder confidence in the market for newly-built single-family homes increased two points to 85 in October, further surpassing the previous all-time high of 83 recorded in September, according to the latest NAHB/Wells Fargo Housing Market Index (HMI).

Opening a new business during a pandemic speaks volumes to the retail development progress that continues at Tanyard Station, according to Barboursville Mayor Chris Tatum.

Simpson Strong-Tie, the leader in engineered structural connectors and building solutions, today announced the launch of the Pipeline Builder Webinar Series designed to help builders drive operational efficiency, reduce costs, and bring new homes to market faster by improving processes for managing estimating, options, and building material takeoffs.

The Housing Innovation Alliance, an organization dedicated to driving change in residential construction through cross-industry collaboration, is hosting its 2020 Housing Innovation Summit online November 10-11.

The World Trade Organization has announced that the United States has appealed a ruling that favored Canada in the two countries’ ongoing softwood lumber dispute.

Due to health and safety concerns and ongoing travel restrictions stemming from the COVID-19 pandemic, the National Association of Home Builders (NAHB) and National Kitchen & Bath Association (NKBA) today regretfully announce that the 8th annual Design & Construction Week® (DCW) featuring NAHB’s International Builders’ Show® (IBS) and NKBA’s Kitchen & Bath Industry Show® (KBIS) will no longer be an on-site event.

The U.S. Small Business Administration, in consultation with the Treasury Department, today released a simpler loan forgiveness application for Paycheck Protection Program (PPP) loans of $50,000 or less.

An overhauled hours of service rule that takes effect at 12:01 a.m. ET (9:01 PT) tonight, Sept. 29, will make changes to the 30-minute break requirement that could, many days, render the break somewhat of a moot requirement.

After a sharp decline in the spring, home building has staged a dramatic rebound.

BMC Stock Holdings, Inc., one of the nation’s leading providers of diversified building materials and solutions to new construction builders and professional remodelers in the U.S., today has earned recognition as a 2021 Military Friendly® Employer.

The total market share of non-site built single-family homes (modular and panelized) declined to 3% of single-family completions in 2019, according to Census Bureau Survey of Construction data and NAHB analysis.

UFP Industries (UFP) reported that its UFP Retail Solutions business segment has acquired the equity of Fire Retardant Chemical Technologies, LLC (FRCT).

Nation’s Best acquired the assets of two-unit, Do it Best member Simms Lumber in Texas.

84 Lumber, the nation’s largest privately held building materials supplier, is launching a full-scale recruitment effort to fill immediate openings at its locations in greater Orlando, which include stores in Winter Garden, Tavares, and Sanford as well as a door shop in Tavares. 

BTIG analyst Ryan Gilbert reiterated a Buy rating on Builders FirstSource on Thursday, setting a price target of $35, which is approximately 7.30% above the present share price of $32.62.

The shareholders of Maner Builders Supply Co. have sold the company to US LBM Holdings, LLC.

Simpson Strong-Tie announced the Annie Kao, vice president of engineering, has been included on the Girl Greek X List of Top 60 Women Leading Engineering Teams.