Industry News

U.S. manufacturing activity seems to be weathering the effects of the European sovereign debt crisis. The ISM index rose 1.9 points in November to 52.7, with solid gains in production, new orders and new export orders.

The November employment report showed a big drop in the unemployment rate. However, the overall pace of job growth remains constrained.

Desert Lumber has acquired the assets of A.C. Houston Lumber's Las Vegas operations. The deal marks the end of A.C. Houston's presence in the Las Vegas market.

ProBuild Holdings has named Don Riley, the former CIO of Mohawk, as its new executive VP supply chain and technology.

The health of the Tyler housing market is due to a well-diversified economy based on higher education, healthcare, the oil and gas industry and interestingly enough, retirees.

The health of the Fort Collins housing market is due to a healthy mix of services and high-tech manufacturing, anchored by Colorado State University and it research facilities. 

Finnforest Deutschland is set to stop marketing OSB in Germany, Austria and Switzerland at the end of 2011.

Changes to the officially published values for tensile strength, strength in bending, and modulus of elasticity of Southern Pine lumber could apply to more than 1 Bbf of SYP, with widespread implications for framers and component manufacturers.

Green building advocates in West Virginia are hoping to persuade the state legislature to adopt a more recent energy code.