SBC Industry News
Drexel Launches Charitable Homebuilding Initiative
Drexel Building Supply has introduced a new charitable initiative: the PAULS Program.
LMC Appoints Paul Ryan as New President & CEO
Forest products and building materials buying group Lumbermens Merchandising Corporation (LMC) appointed Paul Ryan as the group’s new president and CEO.
Top 10 SBC Industry News Headlines Q1 2021
Read the top ten most read Industry News headlines of the past quarter.
Hancock Lumber Buys Maine’s Lapointe Lumber
Two long-standing family businesses are joining forces with Hancock Lumber’s announcement of plans to acquire Lapointe Lumber, a fourth-generation independent building materials supplier that’s operated in the Augusta and Gardiner markets since 1947.
A-1 Roof Trusses Hires Industry Veteran Jerry Vulgaris
A-1 Roof Trusses, a leading manufacturer of pre-engineered wood trusses, announced today that Jerry Vulgaris has joined A-1 as its new Vice President of Sales & Marketing.
New Infrastructure Plan Invests Heavily in Housing
President Joe Biden unveiled a sweeping $2.25 trillion infrastructure plan today that calls for investing $213 billion to produce, preserve, and retrofit more than 2 million affordable and sustainable places to live.
Sunpro’s Templeman Named Utah’s 2021 CEO of the Year
Utah Business Magazine honored the 2021 CEOs of the year on March 25, 2021 at the Grand America Hotel in Salt Lake City.
Flitman Takes Over as CEO of Builders FirstSource
Builders FirstSource, Inc. has announced that Dave Flitman has been appointed chief executive officer.
Backed by Investors, ACS Acquires MN’s Foley Lumber
American Construction Source (ACS) announced that it has acquired Foley Lumber and Milaca Building Center.
2 Construction Management Software Giants Merge
Cloud-based construction management software provider Buildertrend acquired CoConstruct, a complementary provider of construction project management software for the residential construction industry.
Charts: More Homebuyers to Jump into the Market
The December Household Spending Survey, published by the New York Federal Reserve Bank, showed a modest increase in household spending over the past four months, and a surge in the median expectation for year-ahead household spending to highest level since August 2015.
Alpine Improves Plant Management Software for CMs
Alpine’s latest eShop Plant Management Software simplifies the user experience for shop employees and managers alike, while collecting robust production data to maximize operational decision-making.
History Suggests Independents Will Weather Consolidation Fine
Last fall’s M&A feeding frenzy made more than a few independents nervous.
Lumber Podcast Gains Traction with Supply Chain
The lumber market could be entering a buyer’s market, Justin Binning and Ken Timmins shared on the Structural Building Components Association’s (SBCA) most recent Lumber Connection podcast.
Chart: Homebuilder Sentiment Softens, Remains High
Despite high buyer traffic and strong demand, builder sentiment fell in March as rising lumber and other material prices pushed builder confidence lower.
Chart: Housing Starts Dip in February; Still Above 2020
Housing production continue to slow in February off strong levels as rising lumber and other material prices continue to affect the housing industry.
New Home Sales Fall on Material Costs and Weather
istock.com/Kativ
Lennar Announces $4B Investment in Build-to-Rent
Lennar has announced the formation of the Upward America Venture, a platform that will acquire single-family homes for rent in high-growth markets across the United States.
What to Expect Regarding Future Acquisition Activity
It’s impossible to miss today’s white-hot LBM M&A market.
OSHA: Annual 'Top 10' List of Most Frequently Cited Violations
“Fall Protection – General Requirements” is OSHA’s most frequently cited standard for the 10th successive fiscal year, the agency announced Feb. 26 during an exclusive Safety+Health webinar.