New 75,000-square-foot facility enhances customer experience with expanded inventory, advanced facilities and innovative design solutions Wilsonart, a global leader in engineered surfaces, has officially opened its state-of-the-art Denver Distribution and Design Center at 525 E. 58th Ave., Suite 300, expanding access to innovative engineered surfaces in one of the nation’s most vibrant design markets. The […]
ABC: Tariffed Construction Materials Prices Rise in May
Construction input prices increased 0.2% in May compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released. Nonresidential construction input prices increased 0.3% for the month. Overall construction input prices are 1.3% higher than a year ago, while nonresidential construction input […]
Freddie Mac: Mortgage Rates Remain Essentially Flat
Freddie Mac released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.84%. “Mortgage rates have moved within a narrow range for the past few months and this week is no different,” said Sam Khater, Freddie Mac’s Chief Economist. “Rate stability, improving inventory and slower house price growth are an encouraging […]
Allegion to Acquire ELATEC, Bolstering Electronics Portfolio With Leader in Reader and Credential Technology
Expands Allegion’s global electronics portfolio in high-growth, attractive end markets €330 million purchase price on a cash-free, debt-free basis; Implies 2026E adjusted EBITDA multiple of approximately 18x Allegion plc, a leading global security products and solutions provider, through one of its subsidiaries, has signed a definitive agreement to acquire ELATEC, including Elatec GmbH and other […]
Commerce Initiates Antidumping Duty and Countervailing Duty Investigations of Hardwood and Decorative Plywood from the People’s Republic of China, Indonesia, and the Socialist Republic of Vietnam
On June 12, 2025, the U.S. Department of Commerce (Commerce) announced the initiation of antidumping duty (AD) and countervailing duty (CVD) investigations of hardwood and decorative plywood from the People’s Republic of China (China), Indonesia, and the Socialist Republic of Vietnam (Vietnam). Alleged Dumping Margins Trading Partner Dumping Margins China 504.07% Indonesia 84.94% Vietnam 138.04-152.41% […]
Strategic Expansion: Comact Becomes First Tenant at Port 95 Business Park in St. George, SC
Comact is pleased to announce the expansion of its operations with the lease of a 48,000-square-foot facility in Building 2 at Port 95 Business Park in St. George, South Carolina. This strategic move marks Comact as the first tenant in this state-of-the-art industrial park, positioning the company to better serve its growing customer base. “We […]
NAHB: More than 1,000 Housing Professionals Urge Congress to Act on Key Affordability Issues
More than 1,000 builders, remodelers and associates engaged in all facets of the residential construction industry trekked to Capitol Hill today to urge their lawmakers to support policies that will help builders unleash the housing market by allowing them to increase the production of quality, affordable housing. “Members of the housing community from across the […]
Georgia-Pacific Scores Sponsorship with Atlanta World Cup Host Committee to Support Soccer Events in Atlanta
Atlanta-based Georgia-Pacific is one of a select group of organizations signing on to support the Atlanta World Cup Host Committee, enabling the company to showcase its businesses and brands in customer entertainment, community engagement, hospitality and marketing activities when the world-renowned event visits in the summer of 2026. “This is a unique opportunity for Georgia-Pacific, as one […]
Wabash Recognizes Outstanding Suppliers for 2024
Fastenal and Whiting Door named suppliers of the year Wabash, a leader in end-to-end supply chain solutions for the transportation, logistics and infrastructure markets, recognizes 38 of its top suppliers with 2024 Wabash Supplier Awards for supply chain excellence. Each year, Wabash presents awards to top suppliers for excellence in supply chain performance, considering criteria […]
BuildDirect Retains Market-Making Services
BuildDirect.com Technologies Inc. (“BuildDirect” or the “Company“) a leading omnichannel building material retailer, announced that the Company, subject to regulatory approval, retained Venture Liquidity Providers Inc. (“VLP”) to execute its market-making service to provide assistance in maintaining an orderly trading market for the common shares of the Company. The market-making service will be undertaken by VLP […]