Last January, the CEO of the second largest full-service lumberyard, BMC, left the company and executives have since re-developed their strategies. According to a recent article in ProSales Magazine, their new approach seems to be paying off.
The prices of residential construction materials were unchanged in July, according to the latest Producer Price Index (PPI) release by the Bureau of Labor Statistics. Increases in prices paid for OSB and gypsum products were offset by declines in softwood lumber and ready-mix concrete.
What makes Katerra’s approach different from other building material suppliers? One builder customer provides some perspective.
RISI, Inc., a leading information provider for the global forest products industry, announced today that its parent company, Euromoney Institutional Investor PLC, has acquired Random Lengths, a leading price reporting agency for the wood products industry.
Builders FirstSource (BFS), the industry’s largest supplier of building products, saw a significant increase in net sales in the second quarter. However, like many others in this industry, they struggled to keep up with their costs an saw a dip in their overall gross margins.
A recent survey asked builders which labor-saving technologies they are most likely to use in the near future. The results shouldn’t surprise any component manufacturer.
Despite signs that headwinds are on the horizon, homebuilder D.R. Horton issued some rather ambitious guidance numbers, not just for the next fiscal year but for fiscal 2020 as well.
Georgia-Pacific announced today plans for a $150 million, 320,000-square foot, technologically advanced lumber mill, which is targeted to begin in 2018 with an anticipated startup in late fall 2019.
Simpson Strong-Tie, the leader in engineered structural connectors and building solutions, hosted more than 30 college students awarded with a Simpson Strong-Tie® Student Scholarship for the 2018–2019 academic year.