The construction industry added 2,000 jobs on net in November, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has increased by 200,000 jobs, an increase of 2.6%. Nonresidential construction employment increased by 1,400 positions on net in […]
Atlanta Hardwood Corporation Announces Sale of Crystal Spring, Pennsylvania, Drying Yard
Atlanta Hardwood Corporation has announced the sale of Crystal Spring Hardwoods, LLC to Eby Sawmill based in Clearville, Pennsylvania. The long-term tenure and excellent workforce in place at Crystal Spring were very important to Eby. All employees will retain their jobs and continue to produce high-quality Appalachian hardwoods. The deal is slated to close in January […]
Building Gurus: Demonstrating Your Employer Branding In Interviews
Employer branding is a buzzword that many people might have thought was just a flash in the pan. However, you should be thinking about the impression candidates have of your business. One poorly executed interview could be blasted to thousands of prospective employees in seconds on social media. The more you show your employer branding in interviews, the […]
NVR Announces Founder Dwight C. Schar Awarded Lifetime Achievement Award
NVR, Inc. (the “Company”), one of the nation’s largest homebuilding and mortgage banking companies, announced that Dwight C. Schar was awarded the Lifetime Achievement Award by the Washington Business Journal at a ceremony held in Washington D.C. on December 7, 2023. Mr. Schar received this award in recognition of his tremendous impact on the Washington DC area economy. Under Mr. Schar’s leadership, NVR has built over 100,000 homes […]
84 Lumber Donates $100,000 on ‘Good Morning America’ to Help Rebuild Rolling Fork, Mississippi
Building Materials Supplier Spreads Early Holiday Cheer by Gifting Money & Supplies 84 Lumber, the nation’s largest privately held building materials supplier, partnered with “Good Morning America” this week to give a special surprise to the nonprofit Rolling Fork Rising, announcing a donation of $25,000 in building materials and $100,000 in funds to help build […]
Statistics Canada: Building Permits October 2023
The total value of building permits in Canada increased 2.3% from September to $11.2 billion in October, led by gains in the non-residential sector. On a constant dollar basis (2012=100), the total value of building permits was up 2.2% to $6.4 billion in October. Institutional projects lead non-residential construction intention gains The total value of non-residential sector permits increased 5.3% […]
Certain Softwood Lumber Products From Canada: Notice of Reinstatement of Exclusion From the Countervailing Duty Order
AGENCY Enforcement and Compliance, International Trade Administration, Department of Commerce. SUMMARY On November 20, 2023, the U.S. Court of International Trade (CIT) issued an order in Committee Overseeing Action for Lumber International Trade Investigations or Negotiations v. United States, et. al., Consol. Ct. No. 19–00122 (Slip Op. 23–163), reinstating the exclusion of Les Produits Forestiers […]
MasterBrand, Inc. to Locate Corporate Headquarters Near Cleveland
MasterBrand, Inc. (the “Company,” or “MasterBrand”), North America’s largest manufacturer of residential cabinets, has announced plans to locate its corporate headquarters in Beachwood, Ohio. “Beachwood was selected due to several factors, including its location in relation to our operations, the thriving business community, and access to talent,” said Dave Banyard, President & Chief Executive Officer, […]
Installed Building Products Announces Ratings Upgrade from Moody’s
Installed Building Products, Inc. (the “Company” or “IBP”), an industry-leading installer of insulation and complementary building products, announced that Moody’s Investors Service, Inc. (“Moody’s”) has upgraded IBP’s corporate family rating to Ba1 from Ba2, probability of default rating to Ba1-PD from Ba2-PD. Moody’s also upgraded the rating on the Company’s existing senior secured first lien term loan due […]
MJB Wood Group Solidifies Its Strategic Position in Mexico with New Tijuana Facility
MJB Wood Group, LLC, a leading manufacturer and distributor of industrial wood products, is proud to announce its latest strategic expansion in Mexico with the opening of a new facility in Tijuana. This expansion, made possible through a strategic long-term agreement with Bucher Industries, represents the company’s commitment to enhancing its supply chain and manufacturing […]