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.
Latest Articles
Finance
U.S. housing value has surged, gaining more than $2.6 trillion in the past year
The total value of the U.S. housing market is 49% higher than before the start of the pandemic in February 2020.
Industry News
Trex Company, Keep Arkansas Beautiful win Recycling Education Program of the Year
The composite decking leader and the state agency were honored for their collaborative efforts in educating students across Arkansas about the importance of responsible recycling through the NexTrex® Plastic Film Recycling Challenge.
Industry News
GAF Energy opening sales and customer operations center in Kansas City
The new location will serve as a national sales and customer operations hub and will employ dozens of people when fully staffed. Kansas City is the company's third significant hub, joining GAF Energy's headquarters in San Jose, California and the under-construction manufacturing facility in Georgetown, Texas.
Industry News
Purdue University to launch Trimble Technology Lab
The lab is hosted by the School of Construction Management Technology within the Purdue Polytechnic Institute and will bring Trimble's industry-leading construction technologies into a dedicated learning environment for Purdue students to learn and innovate.
Industry News
Market share for modular, non-site built housing declined in 2022
In 2022, there were 26,000 total single-family units built using modular (12,000) and panelized/pre-cut (14,000) construction methods, out of a total of 1.02 million single-family homes completed.
Industry News
U.S. construction jobs see increase from 2022
Year-over-year, construction sector jobs in the U.S. increased by 212,000, which is a 2.7% increase compared to the August 2022 level.
Industry News
Existing home sales decreased 0.7% in August
Total existing-home sales–completed transactions that include single-family homes, townhomes, condominiums and co-ops–slid 0.7% from July to a seasonally adjusted annual rate of 4.04 million in August.
Industry News
84 Lumber donates $15,000 to Mountaineer Food Bank
84 Lumber Elkins store manager Matt Mcdonie presented Mountaineer Food Bank with a $15,000 check just in time for the holiday season.
Industry News
Browne’s Home Center celebrates remodel with grand reopening
TAL Building Centers renovated the existing facilities, which included combining several buildings into one cohesive space, resulting in a substantial expansion of the home center. The updated retail area increased from 14,000 square feet to 28,450 square feet.
Industry News
GAF and actor Anthony Mackie repair roofs of 500 homes devastated by natural disasters
The effort, announced last fall in partnership with actor Anthony Mackie, Marvel Cinematic Universe's next "Captain America," is part of GAF Community Matters, a social impact initiative focused on building more resilient communities across the country.
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