SBC Industry News
Lowe's will close all Orchard Supply Hardware stores nationwide by Feb. 1, the company announced Wednesday. Orchard Supply Hardware, founded in 1931 in San Jose, California, and acquired by Lowe's in 2013, has 99 stores in California, Oregon and Florida.
OSHA’s Temporary Worker Initiative is focused on provide guidance to employers with regard to their responsibilities for protecting the health and safety of workers hired through staffing agencies.
BlueTarp Financials' Building Supply Index was just released. The Q2 2018 12-month trailing average, which accounts for seasonality, hit an all-time high at 132.48, up from 130.92 in Q1 2018. The unadjusted view also remained high at 139.16.
George F. Eberle (1926 – 2018) passed away peacefully on Saturday, August 4, 2018 at the age of 91. Eberle co-founded Efco Corporation which was later sold to Pella Window and then founded Lumbermate Company which is now part of Illinois Tool Works (ITW).
Oregon has become the first state to approve the use of science-based building code requirements for tall mass timber buildings under their statewide alternate method (SAM). The SAM program is unique to Oregon, allowing early technical consideration and approval on a statewide basis.
Over the first six months of 2018, the total number of single-family permits issued year-to-date (YTD) nationwide reached 444,600. On a year-over-year basis, this is a 6.3% increase over the June 2017 level of 418,128.
On the jobsite, the combination of consistency and tight manufacturing tolerances allows builders to safely and easily construct building modules and panelize cold-formed steel wall systems to reduce onsite labor costs and improve overall project cycle times.
US LBM, a Buffalo Grove, Ill.-based lumber and material dealer, filed a financial report August 10th for the first six months of 2018. In it, they highlight the $13.1 million second quarter net profit compared to the previous year, as well as a 10.1% increase in revenue to $885 million.
Atlanta-based U.S. Lumber is set to acquire Alexandria Moulding, a Canadian-based company and one of the largest companies in North America providing molding and other products to LBM dealers.
Nine months after a fire destroyed Tolko’s Lakeview Division sawmill in Williams Lake the company said it hopes to resume full production by February 2019.
Builder confidence in the market for newly-built single-family homes edged down one point to a solid 67 reading in August on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).
At a cabinet meeting with President Trump last week, U.S. Secretary of the Interior Ryan Zinke provided an update on the wildfires occurring in the west (particularly California) and provided his insight into the issues that have contributed to the widespread nature of these fires.
It wouldn’t be BCMC time without numerous opportunities for exercise and competition.
The U.S. Treasury on Wednesday proposed tax regulations for a new 20 percent income tax deduction for owners of businesses organized as pass-through entities, including rules to prevent the measure from becoming a tax loophole for wealthy Americans.
On the heels of record cost increases for North American softwood lumber (and a recent precipitous drop downward), we’ve been sharing a number of perspectives regarding the importance of recouping lost margins.
SBCA believes that the concepts advocated by Dr. Yeh would provide the reliability he acknowledges are expected by all buyers. It is clear that OSB and lumber mill specific sealed design values would provide confidence in OSB and lumber engineering so that safe and reliable building designs are the outcome.
Last January, the CEO of the second largest full-service lumberyard, BMC, left the company and executives have since re-developed their strategies. According to a recent article in ProSales Magazine, their new approach seems to be paying off.
The prices of residential construction materials were unchanged in July, according to the latest Producer Price Index (PPI) release by the Bureau of Labor Statistics. Increases in prices paid for OSB and gypsum products were offset by declines in softwood lumber and ready-mix concrete.
What makes Katerra’s approach different from other building material suppliers? One builder customer provides some perspective.
A recent survey asked builders which labor-saving technologies they are most likely to use in the near future. The results shouldn’t surprise any component manufacturer.