SBC Industry News
US Lumber Adds Mid-State Lumber to Portfolio
U.S. Lumber group, part of Speciality Building Products has agreed to acquire New Jersey-based Mid-State Lumber Corp.
BFS and BMC Announce Post-Merger Leadership Team
In a Form 8-K filing with the U.S. Securities and Exchange Commission, Builders FirstSource and BMC Stock Holdings have announced the leadership team that will guide the company following a merger between the two building material distribution giants.
Update on PPP and Other COVID-19 Employer Relief
The Paycheck Protection Program (PPP), which was created by Congress last March and provides forgivable loans to small businesses, expired on August 8 and has yet to be renewed.
US Steel Buys Low-Cost, Advanced Steel Mill
United States Steel Corp. X 13.26% has agreed to acquire the remaining 50.1% stake in Big River Steel LLC for $774 million, giving the steelmaker ownership of one of the newest, most advanced steel mills in the country.
Industry Mourns Passing of Alpine's John Carpenter
John Clifford Carpenter passed away on December 4, 2020, at the age of 76, at his country home near Hallettsville with family at his side.
Communication Inefficiencies Cost Businesses 5% of Gross Sales
Think beyond the physical investment of trucks, equipment, and buildings when it comes to investments for improving your bottom line for 2021.
Video: Watch 2 Cranes Set First of Five 63-Ton Roof Trusses
The first 63-tonne roof truss section of Christchurch’s Metro Sports Facility has been installed today.
Maps: 2019 Sales and Contract Price per Square Foot
According to NAHB’s analysis of the 2019 Survey of Construction data, the highest median square foot sale and contract prices are registered in the West and Northeast.
Tightening Labor Market Pushes Further Drive to Offsite Construction
Experts from the offsite construction and components market said the labor market could get even tighter in the next several years.
Chart: New Residential Construction Continues Shift to Suburbs
A trend of higher demand for housing in lower-density areas reported in the second quarter National Association of Home Builders (NAHB) Home Building Geography Index (HBGI) has persisted into the fall, as single-family and multifamily construction continued to overperform in lower cost markets like suburbs and exurbs.
Podcast: 84 Lumber’s Workforce Development Strategies
This week, Rick is joined by Amy Smiley, VP of Marketing at 84 Lumber to discuss the company’s social media strategies, influencer outreach, and diversity in the workplace.
Home Depot Expanding $50M Trades Training Program
The Home Depot announced today that it is expanding on The Home Depot Foundation’s $50 million trades training commitment announced in 2018 with a new education and job placement program called Path to Pro.
US LBM Acquires Ridgefield Supply Company
Specialty building materials distributor US LBM acquired Connecticut dealer Ridgefield Supply Company.
Alpine’s Virtual Software Showcase Starts Today
Register now for the Alpine Showcase, December 8th - 11th.
COVID Follow-Up Study Suggests Demand for 11M New Homes
Home became everything when stay-at-home orders were issued in the spring due to the COVID-19 pandemic, and Americans’ attitudes about their present and future home needs continue to transform in the months since then.
DOC Reduces Duties, US Lumber Coalition Calls for Reforms
The U.S. Department of Commerce today confirmed once again that Canadian softwood lumber is heavily subsidized and dumped into the U.S. market by issuing a combined anti-subsidy and anti-dumping duty "administrative review" rate of 8.81%.
BMC Announces Plans to Purchase TW Perry
BMC Stock Holdings, Inc, has announced an agreement to acquire TW Perry, a building materials supplier serving the Northern Virginia, Maryland, and D.C. markets.
UFPI Buys 3 Companies, Including Steel Component Manufacturer
UFP Industries is expanding its supply base in the construction market with the acquisition of three companies based in New Hampshire.
Charts: Current Sentiment in Multifamily Market Rises Significantly
Confidence in the multifamily housing market continued to recover from its 1st quarter trough, with the Multifamily Production Index (MPI) rising to 48 in the third quarter (up from 37 in the second quarter and 27 in the first quarter), according to the National Association of Homebuilders’ Multifamily Market Survey.
Simpson Plans for Midwestern Growth, Moves to Larger Warehouse
Simpson Strong-Tie has relocated its warehouse facility in Eagan, Minnesota to nearby Inver Grove Heights.