SBC Industry News

U.S. Lumber group, part of Speciality Building Products has agreed to acquire New Jersey-based Mid-State Lumber Corp.

In a Form 8-K filing with the U.S. Securities and Exchange Commission, Builders FirstSource and BMC Stock Holdings have announced the leadership team that will guide the company following a merger between the two building material distribution giants.

The Paycheck Protection Program (PPP), which was created by Congress last March and provides forgivable loans to small businesses, expired on August 8 and has yet to be renewed.

United States Steel Corp. X 13.26% has agreed to acquire the remaining 50.1% stake in Big River Steel LLC for $774 million, giving the steelmaker ownership of one of the newest, most advanced steel mills in the country.

John Clifford Carpenter passed away on December 4, 2020, at the age of 76, at his country home near Hallettsville with family at his side.

Think beyond the physical investment of trucks, equipment, and buildings when it comes to investments for improving your bottom line for 2021.

The first 63-tonne roof truss section of Christchurch’s Metro Sports Facility has been installed today.

According to NAHB’s analysis of the 2019 Survey of Construction data, the highest median square foot sale and contract prices are registered in the West and Northeast.

Experts from the offsite construction and components market said the labor market could get even tighter in the next several years.

A trend of higher demand for housing in lower-density areas reported in the second quarter National Association of Home Builders (NAHB) Home Building Geography Index (HBGI) has persisted into the fall, as single-family and multifamily construction continued to overperform in lower cost markets like suburbs and exurbs.

This week, Rick is joined by Amy Smiley, VP of Marketing at 84 Lumber to discuss the company’s social media strategies, influencer outreach, and diversity in the workplace.

The Home Depot announced today that it is expanding on The Home Depot Foundation’s $50 million trades training commitment announced in 2018 with a new education and job placement program called Path to Pro.

Specialty building materials distributor US LBM acquired Connecticut dealer Ridgefield Supply Company.

Register now for the Alpine Showcase, December 8th - 11th.

Home became everything when stay-at-home orders were issued in the spring due to the COVID-19 pandemic, and Americans’ attitudes about their present and future home needs continue to transform in the months since then.

The U.S. Department of Commerce today confirmed once again that Canadian softwood lumber is heavily subsidized and dumped into the U.S. market by issuing a combined anti-subsidy and anti-dumping duty "administrative review" rate of 8.81%.

BMC Stock Holdings, Inc, has announced an agreement to acquire TW Perry, a building materials supplier serving the Northern Virginia, Maryland, and D.C. markets.

UFP Industries is expanding its supply base in the construction market with the acquisition of three companies based in New Hampshire.

Confidence in the multifamily housing market continued to recover from its 1st quarter trough, with the Multifamily Production Index (MPI) rising to 48 in the third quarter (up from 37 in the second quarter and 27 in the first quarter), according to the National Association of Homebuilders’ Multifamily Market Survey.

Simpson Strong-Tie has relocated its warehouse facility in Eagan, Minnesota to nearby Inver Grove Heights.