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BMC names new CEO

RALEIGH, N.C. — BMC Stock Holdings, Inc., has appointed David E. Flitman President and Chief Executive Officer of the company. Flitman will begin the...

Fiberon to be acquired by Fortune Brands for $470 million

DEERFIELD, Ill. — Fortune Brands Home & Security, Inc., a home and security products company, has signed an agreement to acquire Fiberon, LLC, a...

New home sales down in July 

WASHINGTON — Sales of newly built, single-family homes inched down 1.7% in July to a seasonally adjusted annual rate of 627,000 units after an...

Housing starts hold ground in July

WASHINGTON — Total housing starts inched up 0.9% in July to a seasonally adjusted annual rate of 1.17 million units, according to newly released...

Builder confidence remains firm in August

WASHINGTON — Builder confidence in the market for newly-built single-family homes edged down one point to a solid 67 reading in August on the...

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