Industry News

- Industry News

UFP Industries today announced that its board of directors approved an agreement for UFP Industrial, LLC, to purchase 100 percent of the equity of PalletOne, Inc. for approximately $232 million.

- Industry News

US LBM, a leading distributor of specialty building products in the United States, has acquired Tri-County Building Supplies, a building materials distributor in southern New Jersey.

- Industry News

Specialty Building Products, LLC, a leading distributor of specialty building products in North America, today announced that it has signed a definitive agreement whereby The Jordan Company, L.P. ("TJC") will acquire a majority ownership position in SBP from funds affiliated with Madison Dearborn Partners, LLC ("MDP").

- Industry News

One big winner on election day was a dramatic expansion of the legal use of marijuana, which was granted by the voters in five states.

- Industry News

After working for over three decades with Alpine and four decades in the component manufacturing industry, Michael Martz has announced his retirement at the end of the year, December 31, 2020.

- Industry News

Businesses in the home building industry are looking at their successes this year and wondering if they have just pulled demand forward, or if this year's strength will remain through 2021.

- Industry News

The share of new homes sold in October that had not yet begun construction was higher than at any point since 2005 – a sign of both continued homebuilding and market health to come, and of builders’ savvy response to pandemic-influenced market factors.

- Industry News

We previously reported a declining trend in new single-family home size that is likely to reverse during the post pandemic years.

- Industry News

Specialty building materials distributor US LBM acquired Connecticut dealer Ridgefield Supply Company.

- Industry News

U.S. Lumber group, part of Speciality Building Products has agreed to acquire New Jersey-based Mid-State Lumber Corp.

- Industry News

In a Form 8-K filing with the U.S. Securities and Exchange Commission, Builders FirstSource and BMC Stock Holdings have announced the leadership team that will guide the company following a merger between the two building material distribution giants.

- Industry News

The Paycheck Protection Program (PPP), which was created by Congress last March and provides forgivable loans to small businesses, expired on August 8 and has yet to be renewed.

- Industry News

United States Steel Corp. X 13.26% has agreed to acquire the remaining 50.1% stake in Big River Steel LLC for $774 million, giving the steelmaker ownership of one of the newest, most advanced steel mills in the country.

- Industry News

John Clifford Carpenter passed away on December 4, 2020, at the age of 76, at his country home near Hallettsville with family at his side.

- Industry News

Think beyond the physical investment of trucks, equipment, and buildings when it comes to investments for improving your bottom line for 2021.

Check out this extra section in each digital issue of SBC Magazine for additional news, perspective, and advertiser content. Learn more and access 2016-2017 archives here.