Wed, Feb 22
Log and lumber exports from Washington, Oregon, northern California, and Alaska increased 42 percent in 2011 compared to 2010, totaling 1,992 and 1,015 million board feet according to the U.S. Forest Service's Pacific Northwest Research Station.
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Tue, Feb 21
Interfor slipped into the red during the fourth quarter, from the same period a year ago, with a C$6.5 million (US$6.6 million) loss, despite an almost 8% rise in sales to C$190 million (US$193.8 million) for the period ended Dec. 31.
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Tue, Feb 21
More than $10 million in restructuring costs figured in American Woodmark's announcement that its net loss deepened to $9.1 million in its fiscal third quarter ended Jan. 31.
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Tue, Feb 21
Three experts argue for using advanced building systems to meet new standards and reduce overall costs.
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Tue, Feb 21
Fourth-quarter net loss at Builders FirstSource (BFS) improved by almost $8 million from 2010’s final quarter to $16.6 million. For the year, loss from continuing operations improved to $64.6 million from $94.3 million in 2010.
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Thu, Feb 16
Georgia Gulf Corp.’s Building Products segment saw its operating loss for the fourth quarter nearly double from the year-earlier period to $11.6 million operating loss despite an 8.8% increase in net sales. The loss comes largely as the result of a $10.7 million charge from the company’s halt of its fence product line.
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Thu, Feb 16
Universal Forest Products Inc. dipped into the red from the same period last year, with an almost $1.1 million net loss during the fourth quarter. Net sales for the period rose 11% to $422 million at the Grand Rapids, Mich.-based wood and composite building material manufacturer.
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Thu, Feb 16
More than 350 National Kitchen & Bath Association member designers took part in the 2012 NKBA Design Trends Survey to cite the materials, product types, and styles that they’ve incorporated into their kitchen and bath designs over the final three months of 2011. While broad trends won’t be evident in every local market, the following are 10 overall trends for kitchens and baths across the United States and Canada.
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Thu, Feb 16
Builders broke ground on more homes than forecast in January, helped by warmer weather and adding to signs the U.S. residential real estate market is stabilizing.
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Wed, Feb 15
The significant monthly improvement came from the West, where the region’s index reading more than doubled.
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Wed, Feb 15
BlueLinx reported a net loss of $10.3 million during the fourth quarter, marking an almost 50% improvement in net loss from the same period a year ago. Net sales rose 6% to reach $391 million during the quarter ended Dec. 31. For the year, the company reported a net loss of $38.6 million.
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Wed, Feb 15
Continued robust profits in roofing and break-even returns for insulation enabled Owens Corning's building materials segment to more than quintuple its earnings before interest and taxation (EBIT) to $55 million in the fourth quarter from $9 million in the year-earlier period. Building material sales rose 7.5% to $771 million.
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Tue, Feb 14
International Paper Co. (IP) completed its acquisition of Temple-Inland after receiving clearance from the federal Justice Department. As part of the clearance agreement, IP promised to divest two Temple-Inland facilities and one of its own plants. IP will also pay $32 per share of Temple-Inland stock and take on approximately $700 million of the company’s debt.
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Tue, Feb 14
Masco Corp. cut its fourth-quarter net loss by almost 50% from the year earlier period, reporting a loss of $573 million. Net sales increased 1% to $1.74 billion for the period ended Dec. 31. For the year, Masco revealed a net loss of $575 million, up from the $1.04 billion net loss reported for 2010.
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Tue, Feb 14
NAHB student chapters bring the rising generation's top talent to the show, but the program is still fighting for funding and for builders’ attention.
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Mon, Feb 13
Fiberon, the composite and PVC decking, railing, and fencing manufacturer, announced a number of new hires. The New London, N.C.-based manufacturer, named Anne-Marie Davis as vice president, senior controller. She will work to enhance the company’s business processes and shape strategy in the areas of finance, information systems, and human resources.
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Mon, Feb 13
Wolf, the York, Pa.-based cabinetry and building material distributor, announced the creation of the Wolf Home Products division, which will focus on selling U.S.-made products for contractors and do-it-yourselfers.
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Mon, Feb 13
NAHB’s latest survey of builders’ balance sheets shows greater focus on cost control than two years ago.
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Thu, Feb 16
Plans of Klamath Falls, Ore.-based Jeld-Wen to close its window and door manufacturing and distribution facility were announced to employees Thursday.
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Thu, Feb 16
Business Development Strategies Inc. (BDS) has helped Cape Cod Lumber secure a government incentives package to build a $7.5 million facility in Abington.
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