MoistureShield®, a division of Oldcastle APG, a CRH Company, has expanded distribution with BlueLinx branch locations in Charlotte and Raleigh NC, Denville NJ, Yaphank NY, Burlington VT, Bellingham MA, and Portland ME. Each BlueLinx location will offer the full line of MoistureShield composite decking products to its dealers. “We are excited to continue to grow […]
Apogee Enterprises Reaches Agreement to Sell Facility in Statesboro, Georgia
Apogee Enterprises, Inc. (“Apogee”) announced that it has entered into an agreement to sell its Architectural Glass facility located in Statesboro, Georgia to Cardinal Glass Industries. Apogee had previously announced its intent to close the Statesboro location as a part of a broader restructuring plan. Cardinal Glass plans to repurpose the facility to support its […]
Obituary: Hal W. Wheelwright
Hal W. Wheelwright passed away peacefully on October 15, 2021, at the age of 90 years old. He was born October 11, 1931, to parents Wilford and Ora Engstrom Wheelwright. He was the youngest child in the family with four loving older sisters: Doris, Beth, Faye, and Joyce. He was a devoted member of the […]
Dorel Home Continues Growth with Strategic Capital Investments in North American Factories and Announces Key European Acquisition
Dorel Industries Inc. announced both an extensive equipment investment at three of its Dorel Home North American factories as well as the purchase of Notio Living, an ecommerce home furnishings firm based in Holstebro, Denmark. Factory Investments The equipment improvements, to facilitate production flexibility, will be at the two ready-to assemble (RTA) furniture Ameriwood plants […]
Roseburg, LP Building Solutions Executives Elected to AWC’s Board of Directors
The American Wood Council (“AWC”) announced the election of Roseburg Forest Products President and CEO Grady Mulbery and LP Building Solutions Senior Vice President of Manufacturing Services Mike Blosser to the AWC Board of Directors, effective immediately. “I’m thrilled that Grady and Mike will be joining the Board. They bring tremendous experience and have deep […]
SRS Announces Expansion in Michigan and Ohio
SRS Distribution Inc. (“SRS”) announced that it has acquired Wimsatt Building Materials (“Wimsatt” or the “Company”), a leading distributor of residential and commercial roofing, siding, windows & doors, and other related products with eight (8) locations across Michigan and Ohio. Terms of the agreement were not disclosed. Headquartered in Wayne, Michigan, the Company was founded […]
CatchMark Exits Triple T Joint Venture
CatchMark Timber Trust, Inc. announced that it reached a definitive agreement with its joint venture partners in TexMark Timber Treasury, L.P. (Triple T) on the redemption of its common equity interest in Triple T for $35 million in cash and closed the transaction upon signing. CatchMark also entered into an agreement pursuant to which it […]
NAHB Members Actively Recruit the Next Generation
Finding qualified subs and trades continues to be a challenge for the residential construction industry. But NAHB members and HBAs are stepping up to the plate and taking action. By providing supplies, scholarships, and one-on-one connections with students, HBAs around the country are getting out into their communities to spread the word about the rewarding […]
Genesee Lumber Company Expands in New York
Genesee Lumber is excited to announce the acquisition of Smith Lumber and Hardware Center at 5833 Big Tree Road in Lakeville, NY. For over 65 years, Smith Lumber and Hardware Center has been serving the community as a family-owned, quality lumber yard and home improvement center. Going forward, Genesee Lumber will continue to carry premium […]
Freddie Mac: Mortgage Rates Surpass 3% in October 14th Report
Freddie Mac today released the results of its Primary Mortgage Market Survey® (“PMMS”®), showing that the 30-year fixed-rate mortgage (“FRM”) averaged 3.05 percent. “The 30-year fixed-rate mortgage rose to its highest point since April,” said Sam Khater, Freddie Mac’s Chief Economist. “As inflationary pressure builds due to the ongoing pandemic and tightening monetary policy, we expect rates to […]