Thu, May 17
Universal Forest Products Inc. announced today that one of its subsidiaries has purchased certain assets of Haleyville-Ala.-based regional roof truss and lumber supplier MSR Forest Products. The move will merge UFPI’s existing operations in Haleyville with those of MSR, as well as picking up a MSR plant in Waycross, Ga.
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Wed, May 16
America’s largest pro-oriented construction supply companies last year recorded their biggest sales since 2008 and added 44 more facilities nationwide, but held the line on hiring, the latest ProSales 100 finds.
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Wed, May 16
May 16, 2012
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Wed, May 16
WASHINGTON - U.S. builders began work on more homes last month, evidence that the battered housing market is slowly healing.
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Wed, May 16
Fourth-quarter operating profits at Eagle Materials’ Gypsum Wallboard and Paperboard division recovered from a loss of $420,000 a year ago to post a gain of $15.1 million, of which $10.3 million is attributed to wallboard and $4.7 million to paperboard, the company announced today. Segment revenues for the period grew 23% to hit $79.8 million, with wallboard counting for $61.2 million of segment revenues and paperboard for $18.6 million. The company credits higher net wallboard sales prices and increased paperboard sales volumes offset by lower wallboard sales volumes for the increased operating profits.
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Tue, May 15
Gains were registered across all three components of the Housing Market Index this month.
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Tue, May 15
In a call with analysts, representatives at The Home Depot differentiated between "large" and "small" pro customers, discussing a jump in demand for pro customers pulling in annual tickets of more than $10,000.
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Tue, May 15
ATLANTA - Home Depot says its fiscal first-quarter profit climbed 27.5 percent as warmer weather brought consumers out for spring gardening and lawn products.
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Tue, May 15
Home builders and lenders gather to discuss when a recovery may materialize and the challenges that could bring.
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Fri, May 11
First-quarter operating income at Ainsworth rose to C$3.4 million (US$3.4 million) behind a 19% jump in sales, but net income still plummeted to C$700,000 (US$697,000), from a C$77.7 million (US$77.4 million) income a year ago.
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Fri, May 11
Ply Gem saw first-quarter operating earnings rebound to a gain of $1.2 million from a loss of $14.2 million a year ago on a 19% jump in sales to $239.1 million for the same period, the company reported today.
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Thu, May 10
Tougher blower-door testing could be particularly problematic, says a state HBA chief.
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Thu, May 10
Beacon Roofing Supply swung into the black during its fiscal second quarter with as net income of $3.1 million compared to a net loss of $6.2 million during the same period a year ago. Net sales jumped 33% to $395.2 million for the period ended March 31.
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Thu, May 10
Green Globes and the Living Building Challenge join LEED in passing the GSA’s review for use in federal projects, an increase from just LEED in 2007.
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Wed, May 9
May 5--Politicians love to say Americans don't make things anymore.
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Wed, May 9
May 3--A Tualatin lumber company that filed for bankruptcy protection last month plans to lay off 65 workers, including its chief financial officer and at least one vice president.
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Wed, May 9
Western Forest Products’ first-quarter EBITDA dropped 28% to C$9.3 million (US$9.3 million) from a year ago despite a 23.5% jump in sales to C$223.4 million (US$223.5 million), including lumber sales of C$157.2 million (US$157.2 million), for the same period, the company reported today. Net income declined by half from the first quarter of 2011 to total C$1.9 (US$1.9) million for the period.
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Thu, May 10
May 9, 2012
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Wed, May 9
Masonite's North America segment saw its first-quarter adjusted EBITDA rise by 57% from a year ago to total $12.9 million, while net segment sales grew 22.5% to hit $281.6 million for the same period, the company reported today. The growth was driven largely by incremental sales from acquisitions and favorable first-quarter unit volumes but was offset in part by product pricing and product mix, the company said.
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Mon, May 7
Trex more than doubled its year-ago profits while rebounding from a fourth-quarter 2011 loss to total $12.3 million in earnings for the first quarter 2012.
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