Industry News

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The volume of steel used to manufacture cold-formed steel (CFS) framing products ticked up 3.7 percent in the first quarter of 2018, according to the latest Nonresidential Market Volume Report released by the Steel Framing Industry Association (SFIA).

Members of U.S. Congress are now more than prepared to help the structural building components industry after SBCA members took to Capitol Hill June 11-13.

The Upper Valley Career Center (UVCC) in Piqua, Ohio is an example of an educational and workforce development institution that component manufacturers (CMs) could benefit from connecting with.

Government regulations surrounding the construction of new multi-family housing are adding over 30 percent to the cost of the project.

Amar Hanspal, who left Autodesk after being denied the CEO spot, has emerged as CEO of a Silicon Valley startup, AutoLab AI, Inc. The company has already raised $113 million with three investors and is planning for a total of $200 million for this round.

Interim Forest Service Chief Victoria Christiansen told Congress recently that the Forest Service expects its 2018 timber harvest will be the biggest in 20 years.

Lumber production rose 11.4% from February to 5,897.7 thousand cubic metres (2.5 billion board feet) of lumber in March. Production was 5.2% lower than in March 2017.

New legislation sponsored by Rep. Mark Brody, a Republican from Monroe who is a construction contractor, aims to alleviate at least one of the holdups homebuilders now face.