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OSB, lumber, and gypsum lead building material prices lower

Softwood lumber prices fell 3.0% in November the second consecutive decrease for the index to the latest Producer Price Index (PPI) released by the...

Installed Building Products makes two acquisitions

COLUMBUS, Ohio—Installed Building Products, Inc. an installer of insulation and complementary building products, has acquired Carolina Glass & Mirror, Inc. and Hamilton Benchmark Inc.Carolina...

Price of construction materials declines in November

WASHINGTON—Construction materials prices fell 1.8% in November, according to Associated Builders and Contractors’ analysis of U.S. Bureau of Labor Statistics data. Despite the monthly...

Do it Best names two new merchandising managers

FORT WAYNE, Ind. — Do it Best has named Nicole Green and Michael McCoy to new merchandise manager positions.In their new roles, Green will...

NAHB: Job market slowed in November

After a big job gain last month, hiring slowed in November. Total employment increased by 155,000 and the unemployment rate remained unchanged at 3.7%....

Anurg Gupta joins Roseburg Board of Directors

Springfield, Ore. – Roseburg Forest Products has announced that Anurag Gupta, former CEO and C-suite executive and an advisor and consultant to private equity...

In Memoriam: Paul B. “Bud” Howe Jr.

PEORIA, Ill. — Paul B."Bud" Howe Jr., long time resident and Peoria, IL, lumber dealer, passed away on Thursday, November 29, 2018, in Aurora,...

Braun joins AERT as VP of sales

ATLANTA- AERT, a division of Oldcastle APG, has announced the addition of Todd Braun as the company’s vice president-sales overseeing the company’s national sales...

Freddie Mac: Major challenge of inadequate U.S. housing supply

MCLEAN, Va. — After nearly a decade of low levels of building, housing stock is well short of what the United States needs. New...
U.S. LBM

U.S. LBM acquires Deering Lumber in Maine

BIDDEFORD, Maine — U.S. LBM Holdings, LLC, a U.S. distributor of specialty building materials, has acquired Maine’s Deering Lumber. With this acquisition, U.S. LBM now...

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