Wednesday’s tariff announcement appeared to exempt most Canadian goods; lumber included. Inventory holders were itching to get their wares flowing for the spring construction season but were increasingly relegated to inventory management while uncertainty continued to paralyze the market. In the week ending April 4, 2025, the price of benchmark softwood lumber item Western Spruce-Pine-Fir 2×4 […]
LMC Joins Forces with NLBMDA to Champion the Future of the LBM Industry on Capitol Hill
In a pivotal move for the lumber and building materials (LBM) industry, LMC President & CEO, Paul Ryan and LMC Director Jim McMenamin took an active role in the 2025 Spring Meeting & Legislative Conference hosted by the National Lumber and Building Material Dealers Association (NLBMDA),. Held in Washington, D.C., the event brought together passionate […]
Ingersoll Rand Further Enhances Air Treatment Capabilities with Two Acquisitions
Execution of bolt-on acquisition strategy continues to enhance company’s durable financial profile by adding highly complementary products and capabilities focused on high-growth, sustainable end markets Acquisitions will expand Ingersoll Rand’s product and technology portfolio with additional chiller and onsite gas generation offerings and support the company’s in-region for the region strategy Acquisitions have a combined […]
ABC: Monthly Construction Economic Survey Shows Tariff Impacts Emerge
Associated Builders and Contractors reported today that its Construction Backlog Indicator rose to 8.5 months in March, according to an ABC member survey conducted March 20 to April 6. The reading is up 0.3 months since March 2024. View the full Construction Backlog Indicator and Construction Confidence Index data series. Backlog increased on a monthly basis […]
Pixelle Specialty Solutions Announces Closure of Chillicothe Mill
Decision focuses the business on critical specialty markets Pixelle Specialty Solutions LLC (“Pixelle”) announced the planned closure of its Chillicothe, Ohio, mill as part of an effort to align its operational footprint with long-term business objectives. “This was an extremely difficult decision. We value our Chillicothe team and the contributions they have made to Pixelle,” said […]
Georgia-Pacific Funding Completes New Fire Station for City of Corrigan
In August 2023, Georgia-Pacific donated $100,000 to the volunteer fire department in Corrigan, Texas, in support of a capital campaign to build a new fire station. After years of planning and months of construction, the city of Corrigan cut the ribbon on the new station. The Corrigan Volunteer Firefighters broke ground on the 6,000-square foot building […]
Keith Hamilton Named President of Georgia-Pacific’s Corrugated Business
Georgia-Pacific announced Keith Hamilton, formerly vice president of operations, Corrugated, has been named president of Georgia-Pacific’s Corrugated business. In this role, he will oversee operations and commercial teams across 35 sites including box plants, sheet feeders, Hummingbird® digital print, and EarthKraft® mailers. Keith joined Georgia-Pacific in 2018 as regional area operations leader for GP’s Corrugated business. During […]
Lowe’s Announces Agreement to Acquire Artisan Design Group
Lowe’s Companies, Inc. announced it has entered into a definitive agreement to acquire Artisan Design Group (“ADG”) for $1.325 billion. ADG is a leading nationwide provider of design, distribution and installation services for interior surface finishes, including flooring, cabinets and countertops, to national, regional and local homebuilders and property managers. Through a combination of organic growth […]
Kodiak Building Partners Acquires New River Building Supply & Lumber Company
Kodiak Building Partners, a leading building materials distribution company, announced the acquisition of New River Building Supply & Lumber Company, a well-respected provider of high-quality building materials, serving North Carolina since 1973. This strategic acquisition strengthens Kodiak’s presence in the developing Southeast market while preserving New River’s long-standing tradition of exceptional service and expertise in […]
Madison’s Lumber Prices Index Apr 11, 2025: US$542 mfbm
The Madison’s Lumber Prices Index for the week ending April 11, 2025 is: US$542 mfbm. This is down -4%, or -$25, from the previous week when it was US$567. This is down -4%, or -$22, from one month ago when it was US$564. For information regarding the construction of this Index (species mix, weighed averages) please go […]