Associated Builders and Contractors reported today that its Construction Backlog Indicator remained unchanged at 8.9 months in June, according to an ABC member survey conducted June 20 to July 5. The reading is unchanged from June 2022. View the historic Construction Backlog Indicator and Construction Confidence Index data series. Backlog in the infrastructure category increased for […]
Canfor Pulp Temporarily Curtailing Northwood Pulp Mill Due to Ongoing Labour Dispute at B.C. Ports
Canfor Pulp Products Inc. (TSX:CFX) is announcing the curtailment of its Northwood Pulp Mill in Prince George effective July 13, 2023. The curtailment is due to limited storage space for pulp products that cannot be transported overseas as a result of the ongoing labour dispute at B.C. ports. The downtime is expected to remain in […]
Nearly One-Third of Realtors® Say Lack of Inventory Stopped Clients from Buying Homes in 2022
Key Highlights Amid a significant shortage of housing supply in 2022, 32% of Realtors® named a lack of inventory as the most important factor limiting potential clients from making a purchase, according to the National Association of Realtors®’ 2023 Member Profile. This annual report analyzes members’ business activity and demographics from the prior year. Housing inventory fell […]
BlueLinx Announces New Senior Vice President & Chief Financial Officer
BlueLinx Holdings Inc. (“BlueLinx” the “Company”), a leading U.S. wholesale distributor of building products, today announced that Kelly Janzen, Senior Vice President, Chief Financial Officer and Treasurer, will be leaving the Company to pursue other opportunities at the end of August 2023. The Company also announced that Andrew Wamser will join as Senior Vice President […]
PGT Innovations Acknowledged with Workforce Development and Innovation Award
PGT Innovations (NYSE: PGTI), a national leader in the premium window, door, and garage door industry, recently received the Workforce Development and Innovation Award for the second time from The Greater Sarasota Chamber of Commerce during this year’s 33rd annual Frank G. Berlin, Sr. Small Business Awards. The manufacturing leader first received the accolade in 2020 during the 30th annual Frank G. Berlin, Sr. Small […]
L&W Supply Announces Opening of Oklahoma City, Oklahoma, Location
L&W Supply, a nationwide distributor of interior building materials and construction supplies, has announced the opening of L&W Supply Oklahoma City South, located at 11301 South I-44 Service Road, Oklahoma City, Oklahoma. Commercial and residential contractors in the Oklahoma City metro area will now have a new option for fulfilling their building product needs. This new […]
Beacon Announces Acquisition of Crossroads Roofing Supply
Beacon announced that it has completed the acquisition of Crossroads Roofing Supply, Inc. (“Crossroads”) of Oklahoma City, OK. Crossroads’ five branches, located in Enid, Norman, Oklahoma City, Stillwater, and Tulsa, have been serving residential and commercial contractors for over 20 years. “We are pleased to announce that Crossroads is joining Beacon,” said Lisa and Mike Curtis, […]
CoreLogic: US Annual Home Price Growth Drops to the Lowest Rate in 11 Years in May
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released the CoreLogic Home Price Index (HPI™) and HPI Forecast™ for May 2023. Annual U.S. single-family home price growth slowed for the 12th straight month in May, falling to a 1.4% increase year over year. The last time CoreLogic’s Home Price index saw annual growth fall […]
Tibbetts Lumber Hires New Vice President of Purchasing
Tibbetts Lumber is pleased to announce the addition of James Brookover in the position of Vice President of Purchasing. James brings 17 years of experience in purchasing and management with Lumberman’s Merchandising Corporation. James will be based out of the Land O Lakes facility and will be directly responsible for the purchasing team and functions. […]
Fastenal Releases 2023 Environmental, Social, and Governance Report
Fastenal Company (“Fastenal”) is proud to announce the publication of its 2023 ESG Report. The report, which recaps Fastenal’s performance and progress in 2022, was produced with reference to the Global Reporting Initiative (GRI) standards and aligns with the ESG disclosure and reporting frameworks established by the Sustainability Accounting Standards Board (SASB) and the Taskforce […]