Category : Trending

Multifamily drop pushes total housing starts down 7%

March 16, 2018

WASHINGTON — A decline in multifamily starts pushed overall housing production down 7% in February to a seasonally adjusted annual rate of 1.24 million units, according to newly released data … Read More

BlueLinx to acquire Cedar Creek in $413 million deal

March 12, 2018

ATLANTA and OKLAHOMA CITY — BlueLinx, a distributor of building and industrial products in the U.S., has announced that it has entered into a definitive agreement to acquire Cedar Creek, a building products wholesale … Read More

JELD-WEN parts ways with CEO, announces two acquisitions

February 28, 2018

CHARLOTTE, N.C. — JELD-WEN Holding, Inc. has announced a leadership transition with Chairman of the Board, Kirk S. Hachigian, assuming the duties of CEO on an interim basis. The company … Read More

NADRA unveils Consumer Product Awareness Charter

February 21, 2018

The North American Deck and Railing Association has introduced a new Consumer Product Awareness Charter (CPAC). Announced in its monthly newsletter, the program is developed to allow industry leaders to help … Read More

Housing production makes healthy gains to start new year

February 16, 2018

WASHINGTON — A surge in multifamily production pushed overall housing starts up 9.7% in January to a seasonally adjusted annual rate of 1.33 million units after an upwardly revised December … Read More

Builder confidence stays strong in February

February 15, 2018

WASHINGTON — Builder confidence in the market for newly-built single-family homes remained unchanged at a healthy 72 level in February on the National Association of Home Builders/Wells Fargo Housing Market … Read More

Private equity firm to acquire, merge Ply Gem and Atrium Windows & Doors

January 31, 2018

CARY, N.C. & NEW YORK — Ply Gem Holdings, Inc., and Clayton, Dubilier & Rice (CD&R) announced today a definitive agreement under which CD&R funds will acquire all of the … Read More

NAHB: Softwood lumber prices climb to record highs

January 30, 2018

Results of tariffs imposed by the U.S. Commerce Department and lack of negotiations among the U.S., Canada and Mexico have pushed the prices of softwood lumber imports up 30% since … Read More

Report: Pace of construction activity to accelerate through 2019

The most recent semi-annual Consensus Construction Forecast from the American Institute of Architects shows construction spending for nonresidential buildings is projected to increase 4% this year and continue that pace … Read More

IBS economic panel predicts housing gain in 2018

January 11, 2018

ORLANDO, Fla. — The newly enacted tax law will create a more favorable tax climate for the business community, which should spur job and economic growth and keep single-family housing … Read More