SBC Industry News

If any first-time home buyers were on the fence about taking a more traditional starter home path to homeownership in 2020, the Covid-19 pandemic brought into focus the way they viewed homes and what they really wanted for a dream home.

Analysts from John Burns Real Estate Consulting shared their forecasts and analysis for the housing market and building products sales — including a review of hot spots in housing. 

Despite massive coronavirus-induced layoffs over the past 12 months, construction employees are becoming harder to find and more expensive, a new report found.

Lumber prices are at an all-time high, driven up by surging demand amid a supply chain coordination squeeze, production limitations, and a pesky beetle.

NAHB analysis of Census Construction Spending data shows that total private residential construction spending rose 2.5% in January to a seasonally adjusted annual rate of $713 billion, reaching a record high.

I was recently downloading some photos from my fancy digital camera, and I stumbled across hundreds of forgotten pictures I shot while my daughter’s new home was being built on Mount Desert Island in Downeast Maine.

The SBCA’s National Framers Council (NFC) is a member of the Construction Industry Safety Coalition (CISC), which is made up of 30 trade associations from all sectors of the construction industry.

Simpson Strong-Tie, the leader in engineered structural connectors and building solutions, announced today the release of its new Strong-Wall® high-strength wood shearwall (WSWH), a versatile, high-performance solution for lateral-force resistance in light-frame residential and commercial construction. 

There is now a faster, easier, more secure way to purchase products through SBCA.

Builders FirstSource reported a very strong fourth quarter in 2020, thanks primarily to high lumber costs and a healthy housing market.

UFP Industries posted sales of $1.39 billion for the fourth quarter 2020, increasing 40% from sales of $998 million in the fourth quarter 2019.

The pandemic delivered an unexpected boon to the lumber industry.

Capital One is excited to announce Capital One Trade Credit, a rebrand of BlueTarp Financial, the business-to-business trade credit financing company it acquired in October 2019. 

Building materials prices topped the list of problems builders faced in 2020 and is expected to return to the number one spot in 2021, according to special questions on the December 2020 survey for the NAHB/Wells Fargo Housing Market Index.

UFP Industries, Inc. reported that its wholly-owned subsidiary, Sunbelt Forest Products Corporation, has signed an agreement to purchase the net operating assets of Spartanburg Forest Products, Inc. and its affiliates. 

Blue Jay Supplies, a wood wall panel and truss manufacturer, announced plans to expand its operations in Sandborn, creating up to 28 new jobs by the end of 2023.

A new factory-built housing solution, Boxabl, is growing in the sands of Las Vegas.

Australian construction and development firm Lendlease reported Sunday that its half-year operating profit after tax fell 26% from the same period in 2019, from AU$278 million to AU$205 million (U.S. $219 million to U.S. $162 million). It also cut its dividend by 50% to 15 cents. 

We will discuss how to recognize dangerous combustible dust situations in manufacturing plants and processing facilities.

High school students interested in a career in the engineering and construction fields are invited to register and participate in the Sault College 2021 Truss Building Contest.