Industry News

Norbord Inc. says it is going to temporarily suspend production at its oriented strand board mill in 100 Mile House, B.C., due to a shortage of wood.

Huntsman Corporation today announced the acquisition of Demilec, one of North America's leading manufacturers and distributors of spray polyurethane foam (SPF) insulation systems for residential and commercial applications.

Clayton Homes, a builder of pre-fabricated homes and a subsidiary of Berkshire Hathaway, continues to gain market share within affordable housing.

Total housing starts declined in February, led by a reversion to trend for multifamily development. Starts fell 7% to a 1.24 million seasonally adjusted annual rate, according to the joint data release from the Census Bureau and HUD.

Federal workplace safety officials launched an investigation into Wednesday’s deadly fire at a construction site in Denver, a report said Friday. Two construction workers died, and at least six other people were injured, including one Denver firefighter.

More builders and developers are obtaining residential constructions loans, with the end of 2017 marking 19 consecutive quarters of loan growth, helping bring more lots for new homes online.

William Pulte, who built his first house as a teenager and went on to found one of the country’s largest home builders, churning out some 600,000 houses and becoming a billionaire, died on Wednesday at his home in Naples, Fla. He was 85.

Boise Cascade Company announced an agreement to acquire Lumberman's Wholesale Distributors, a distributor of engineered wood products, commodity lumber items, and specialty building materials in Nashville, Tennessee.

BlueLinx, a leading distributor of building and industrial products in the United States, today announced that it has entered into a definitive agreement to acquire Cedar Creek, a leading building products wholesale distributor.