Industry News
Stay informed and up-to-date with the latest business news in the lumber and building material industry. Our comprehensive coverage delivers market trends, industry insights, and key developments affecting professionals and businesses in this sector. From pricing fluctuations and supply chain dynamics to sustainability initiatives and technological advancements, we provide the most relevant information to help you navigate and succeed in this ever-evolving industry.
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Industry News
Arbor Wood Co. partners with Jartek, plans to increase production
Jartek’s thermokiln utilizes state-of-the-art, open-system technology to modify wood and underscores Arbor Wood Co.’s commitment to environmental responsibility.Â
Industry News
Western Window Systems unveils new design studio in CA
The new space features many Western Window Systems products, including popular options such as the Classic Series 300 Minimalist Multi-Slide Door, Classic Series 600 Multi-Slide Pocket Door, Classic Series 9550 Bi-Fold Door, and Performance Series 7980 Pivot Door.
Industry News
Building material prices increase led by lumber costs
Among lumber and wood products, the commodities with the highest importance to new residential construction were general millwork, prefabricated structural members, softwood veneer/plywood, softwood lumber (not edge worked) and hardwood veneer/plywood.
Industry News
Boise Cascade acquires Parksite door shop in FL
The new Boise Cascade Millwork facility brings the company to 15 millwork locations nationwide.
Industry News
Mortgage activity declines as rates continue to increase
The average contract rate for 30-year fixed mortgage rate per the MBA survey for November averaged at 6.8%, 29 basis points (bps) higher month-over-month in response to a higher ten-year Treasury rate.
Industry News
Inflation remains sticky despite easing housing costs
Shelter costs continued to be the main driver of inflation, contributing nearly 40% of the monthly increase.
Industry News
Arnold Lumber kicks off annual toy drive
The company is holding a toy drive in partnership with the Johnny Cake Center for Hope to bring joy to local families this season.
Industry News
Trex expands distribution with International Woods Products
This expansion will extend Trex’s reach in the high-growth markets of Northern California and Northern Nevada.
Industry News
Central Valley celebrates 70th year
Since its founding in 1955, Central Valley has established itself as a cornerstone of support for builders, farmers, and vineyards across Napa and Northern California.
Industry News
McCoy’s Building Supply acquires Rio Truss
Founded in 2004 and headquartered in McAllen, TX, Rio Truss manufactures structural components for both commercial and residential builders throughout the Rio Grande Valley.
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