Industry News

FPL Verifies SPIB's Latest Submission

In a letter to ALSC, FPL determined that SPIB's revised version of the design values were developed using ASTM standards or other technically sound criteria and as such "represent an appropriate estimate of the Southern Pine design values at this time.”

2012 SBCA Annual Award Winners

Congratulations to the 2012 SBCA award winners: Barry Dixon (SBCA Hall of Fame), Norm McKenna (Dick Bowman Industry Enthusiast) and Rick Parrino (Industry Leadership).

SBCA President Ward Sets Goals for 2013

In looking forward to 2013, SBCA President Scott Ward outlined a few goals he has for the association over the coming year.

Top 10 Headlines of 2012: SYP Dominates

Looking at the top ten SBC Industry News headlines for the year, it was evident that the Southern Pine design value issue was the most heavily followed story because it commanded all ten spots!

Understanding How (and When) Obamacare Will Affect You

SBCA will be following the Obamacare regulation development process very closely over the coming months and will be providing updated information and analysis for component manufacturer employers.

2013 Economic Outlook is Subpar

A moderate, subpar pace of growth should continue to be the story in 2013, as consumers, businesses and governments adjust to the new normal of fiscal constraint.

Wells Fargo Economic Analysis

This page contains Wells Fargo reports for the week of December 10  - December 16, 2012.

FEA Analyzes NA Lumber Mill Restarts

As lumber prices and profit margins have improved, we are beginning to see the restart of mills idled during the long downturn.

Urban Cores Growing Faster than 'Burbs?

The Atlantic Cities analyzes data from Smart Growth America and finds where smaller metros' urban cores are growing faster than their respective rings of suburbs.

Construction Growing, Jobs Soon to Follow?

Improving housing trends have not resulted in significant increases in home building employment thus far. That disconnect is likely to change in the coming year.

Top 5 Housing Trends for 2013

What a difference a year makes. 2012 was the year the housing recovery came to life – with the market now stronger than anyone dared hope for a year ago. Here’s what 2013 has in store.

Top 10: Healthiest 2013 Housing Markets

Houston and San Francisco are the nation’s healthiest housing markets heading into 2013. They have solid fundamentals, without the extreme price swings of Las Vegas, Phoenix, or Detroit.

Lumber Price 'Supercycle' to Start in 2013

Lumber prices are expected to soar next year before hitting all-time highs in 2014, bringing a flood of cash to B.C. sawmills and restoring health to provincial resource revenues.

Builders' Profits More from Lending than Construction

Construction is taking a back seat to lending for some U.S. homebuilders, turning the uneven housing recovery into an earnings boom.

GP Purchases Temple-Inland Building Products

International Paper will sell its Temple-Inland Building Products division to Georgia-Pacific LLC for $750 million in cash.

SPIB Submits New SP Recommendations to ALSC

On December 12, 2012, SPIB submitted new recommendations to the ALSC regarding changes to SP design values.

Global Steel Overcapacity Bad for Producers

Globally, steel production capacity this year will total 1.8 billion tons, but mills will take orders for only 1.5 billion tons.

SBCA Workshops Bring Back BCMC Sessions

Beginning on Tuesday, December 11, the SBCA Annual Workshop is bringing back the great educational sessions from BCMC New Orleans. Register today!

Wells Fargo Economic Analysis

This page contains Wells Fargo reports for the week of December 2  - December 9, 2012.

Industry Mourns Loss of St. John & Hudson

Mike St. John of Pacific Woodtech Corp, and Lavoyd Hudson of Scotch Gulf Lumber both passed away this past week.

Secondary Markets Experience Multifamily Boom

 

Multifamily permits were on the rise in October in almost all major metros in the United States, but there were some surprises in terms of where the largest increases were taking place.

NVR Negotiates to Purchase Heartland

NVR, the Reston, Va.–based builder that already has a dominant position in the Pittsburgh market, reportedly is in talks to acquire Heartland Homes.

Menards Imports ND Workers from WI

Menards is taking a creative approach to try and hire workers at their North Dakota store. They'll actually be flying them in from Wisconsin.

LP Buys Out Canfor in OSB Joint-Venture

Louisiana-Pacific announced that it will acquire Canfor’s 50% share in the Peace Valley Oriented Strand Board (OSB) joint venture in Fort St. John, British Columbia.

6 Steps to Fine-Tune Pro Dealer Operations

Pro dealers asked their contractor members what they could do better in order to improve the customer experience at their yards, here is their list of best practices.

Toll Brothers See Profits Skyrocket

Luxury home builder Toll Brothers has posted a fourth-quarter profit of $411.4 million, compared with $15.0 million in profits in the same quarter in 2011.

15 Best and Worst 5-Year Housing Markets

Over the next five years, home prices are projected to rise 3.9 percent, here are the projected 15 best and worst housing markets over the next five years. 

Contractors Struggle to Find Workers

Contractors are struggling with shortages of workers as the home-building market comes to life and some commercial sectors strengthen.

Multifamily Building Code Toolkits Released

The NMHC and the NAA released a new series of building code toolkits to help the multifamily industry meet the unprecedented demand for apartment living.

Small Businesses Pessimistic about Future

The Wells Fargo/Gallup Small Business Index tumbled 28 points during the fourth quarter to -11, as businesses became increasingly worried about next year’s financial prospects.