Business

Shelter Systems Limited, a leading manufacturer of structural building components, is pleased to announce the promotion of Leonard A Mills (“Lenny”) to Vice President/Chief Operating Officer and equity partner effective October 1 of this year. 

This article details Knauf Insulation’s investment in mineral wool production capacity; finishing upgrades in Wales while also building new production facilities in France and Malaysia.

One of the presentations that sparked the most conversation and interest during the first annual Framer Summit (held October 23-24 in Milwaukee, Wisconsin) was NFC legal counsel Kent Pagel’s discussion of the major areas of risk framing subcontractors face.

Given the industry-wide labor shortage, several component manufacturers (CMs) have been keeping their options open and exploring additional venues for finding quality candidates. Here are some examples SBC Magazine has written about recently.

Boise Cascade Company announced today the 60-day notice of a permanent curtailment of its laminated veneer lumber (LVL) production at the Roxboro, NC, facility. The Roxboro facility will continue to produce I-joists. The curtailment will affect approximately 56 employees.

Napa-based construction supplier Central Valley, one of the top 100 U.S. building-supply firms, plans to expand its reach to nine Northern California lumber yards through the acquisition of a 98-year-old Solano County company.

 SLATE Partners announced that its Principals advised California TrusFrame, LLC (CTF), a portfolio company of Excelsior Capital Partners (Excelsior), on its sale to TriWest Capital Partners, a Calgary-based private equity firm.

The Glen House, a newly constructed 68-room hotel at the base of the Mount Washington Auto Road, may technically be one of the newer structures in the region.

Installed Building Products, Inc., an industry-leading installer of insulation and complementary building products, announced October 31 the acquisition of Advanced Fiber Technology (“AFT”).

Focused on finding ways to solve today’s labor shortage woes for their businesses, some CMs have already been exploring and experimenting with a number of the general ideas the article addresses.