SBC Industry News

Subscribe to SBC Industry News feed
SBC Magazine's Industry News
Updated: 4 hours 26 min ago

90% of Commercial Contractors Worry About Labor

Mon, 2018-06-11 07:13

Findings from the Q2 2018 USG Corporation + U.S. Chamber of Commerce Commercial Construction Index, released today, show four straight quarters with more than 90 percent of contractors concerned over labor shortages.

Canadian CM Outlines Aggressive Expansion Goals

Mon, 2018-06-11 06:55

Starting with its own base of $8 million in annual sales, Atlas Engineered Products for new home construction isn’t shy about stating its goal: $50 million in annual sales in 5 years.  That equates to an annual growth rate of nearly 45%.

UFPI Fast Climber Up Fortune’s Top 1000 List

Mon, 2018-06-11 06:50

Universal Forest Products, Inc. today announced that one of its subsidiaries has purchased the operating assets of North American Container Corp. (NACC), a Marietta, Ga.-based manufacturer of structural packaging products

US LBM Buys R&K, Expands in Phoenix Market

Mon, 2018-06-11 06:38

U.S. LBM Holdings, the pro dealer and distributor of specialty building materials, has acquired Arizona’s R&K Building Supplies.

Lumber Companies Taking Advantage of Historic Margins

Sun, 2018-06-10 20:40

As lumber costs remain at historically high levels, lumber companies are investing those profits into strengthening their positions and increasing production capacity.  

Chart: Current Credit Trends Good News for CMs

Sun, 2018-06-10 20:26

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.

Will Lumber from Europe Impact the Market?

Sun, 2018-06-10 20:11

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.

Capital Chapter Raises Money for Wounded Veteran

Sun, 2018-06-10 20:02

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

Elementary School Students Learn Math with Trusses

Mon, 2018-06-04 13:01

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.

Katerra's Vertical Integration Grows with Architecture Firm

Mon, 2018-06-04 12:49

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."

S. Virginia Truss Plant Goes Up for Sale for $2.3M

Mon, 2018-06-04 12:46

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 Buys H.L. Munn, Expands in Iowa

Mon, 2018-06-04 12:19

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.

Congresswoman Tours Fabco's Plant, Talks Small Business

Mon, 2018-06-04 12:14

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.

Homestead Announces $2.4M Truss Plant Expansion

Mon, 2018-06-04 12:05

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.

Maps: Residential Permit Growth Driven by West

Mon, 2018-05-21 12:36

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.

Single-Family Builders Remain Very Confident

Mon, 2018-05-21 12:21

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 Sees Q1 Engineered Component Sales Decline

Mon, 2018-05-21 12:11

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 Acquires Midwest Lumber

Mon, 2018-05-21 11:25

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.

BFS’ Q1 Sales of Manufactured Products Up 10.7%

Mon, 2018-05-21 11:17

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