Responding to the Commerce Department's September housing starts data -- up 15% from August -- the National Association of Home Builders (NAHB) said tight lending conditions continue to depress the market.
ProBuild, America's biggest full-service pro LBM company, said today it plans by mid-November to close 12 of its locations, 10 of which haven't been reported previously.
Profits in Stanley Black and Decker's construction and do-it-yourself (CDIY) segment rose 7% during the third quarter, compared with the same period a year ago, to $169.9 million.
Temple-Inland's net income plummeted 95% during the third quarter, compared with the same period last year, to $6 million, despite a 1% increase in net sales to $974 million.
At the ALSC meeting yesterday (Oct 20), a strong coalition made up of representatives from SBCA, NAHB, NAHB’s Building System Council, the Leading Builders of America, ABC, TPI and NLBMDA provided testimony discussing the potential ramifications of the proposed changes to Southern Pine Lumber design values and provided a wide variety of thoughts and perspectives.
The American Lumber Standards Committee (ALSC) Board of Review announced in an email memo it would be delaying its decision regarding Southern Pine design values in order to hold an additional hearing in approximately 60 days.
While some parts of Florida have experienced modest improvement, there are still many areas that continue to struggle with the aftermath of the housing boom