The Preferred Wholesale Distributor of plywood, lumber, building materials and specialty products to retail lumber dealers and industrial markets, since 1944.

Overall Housing Starts Slip in March, But Permits Rise
April 24, 2012 - Privately-owned housing starts in March were at a seasonally adjusted annual rate of 654,000, 5.8 percent below the revised February estimate of 694,000, but is 10.3 percent above the March 2011 rate of 593,000, according to the latest data from the U.S. Census Bureau and the Department of Housing and Urban Development... Read full story

Builder Confidence Falls in April
April 24, 2012 - WASHINGTON -- Builder confidence in the market for newly built, single-family homes declined for the first time in seven months this April, sliding three notches to 25 on the National Association of Home Builders/Wells Fargo Housing Market Index, released today... Read full story

Harvard Forecast: Remodeling Recovery Expected to Strengthen by End of 2012
April 24, 2012 - CAMBRIDGE, MA -- After two years of bouncing around a bottom, remodeling activity is expected to pick up later this year, according to the Leading Indicator of Remodeling Activity (LIRA) released last week by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University... Read full story

Architecture Billings Index Continues to Show Strength
April 24, 2012 - WASHINGTON, D.C. -- The commercial sector continues to lead the Architecture Billings Index (ABI) which has remained in positive territory for the fifth consecutive month... Read full story

Lowe's Announces Executive Promotions
April 24, 2012 - MOORESVILLE, N.C. -- Lowes Companies, Inc. announced that Gregory M. Bridgeford, executive vice president (EVP) of business development, and Rick D. Damron, EVP of store operations, have been promoted to the newly created positions of chief customer officer (CCO) and chief operating officer (COO), respectively, effective May 5, 2012... Read full story

Masonite Announces Acquisition of Algoma Hardwoods, Inc.
April 23, 2012 - TAMPA, FL -- Masonite International Corporation announced that it has completed the acquisition of all of the capital stock of Algoma Hardwoods, Inc. Algoma is headquartered in Algoma, WI and manufactures architecturally specified doors at its facilities in Algoma, WI and Jefferson City, TN... Read full story

James Hardie U.S. Business Head Nigel Rigby to Leave Company
April 23, 2012 - In a surprise announcement, the leader of James Hardie's United States operation Nigel Rigby said he is leaving the company June 30, 2012. CEO Louis Gries will take over his duties on an interim basis, according to media reports. Read more on the story at the... Read full story

Remodeling Activity Jumps in February, According to BuildFax Remodeling Index
April 23, 2012 - BuildFax announced last week that its measurement of remodeling activity in the U.S. rose 3 percent in February from the previous month. Even more dramatically, year-over-year numbers show a rise of 23 percent. View the stats at http://www.buildfax... Read full story

Roofing Supply Group to be Acquired by Investment Group
April 23, 2012 - DALLAS, TX -- Roofing Supply Group, LLC, a leading distributor of residential and non-residential roofing materials in the U.S., announced a definitive agreement under which it is to be acquired from its current owner, The Sterling Group, by Clayton, Dubilier & Rice, LLC, a private equity firm. Terms were not disclosed... Read full story

Home Depot Opens Store Twice The Size of Typical Format
April 23, 2012 - Reversing the trend toward ''smaller format'' stores (like Best Buy), Home Depot has doubled down on a new store in Orange County, California that is twice the size of its typical format. Read more on the story at... Read full story

Brick Industry Association Appoints New Board Chairman, Officers
April 23, 2012 - RESTON, VA -- The Brick Industry Association (BIA) has elected new leaders including a new chairman, board members and officers. Longtime officer Brett Packer, president, Packer Brick Inc., Garland, Texas starts a two-year term as BIA chairman after serving as vice chairman. Robert F. Belden, president and CEO, The Belden Brick Co... Read full story

BuildersFirstSource Posts $19.2 Million Loss in First Quarter
April 23, 2012 - DALLAS, TX -- Builders FirstSource, Inc., a leading supplier and manufacturer of structural and related building products for residential new construction in the United States, reported a net loss of $19.2 million for the first quarter of 2012, compared to net loss of $21.2 million in the first quarter of 2011... Read full story

Weyerhaeuser Hiring at Three Engineered Lumber Products Plants in Southern U.S.
April 23, 2012 - FEDERAL WAY, WA -- Weyerhaeuser Company, one of the world's largest forest products companies, is now hiring additional trades and production workers at its engineered lumber products plants in Natchitoches and Zwolle, Louisiana, and Emerson, Arkansas... Read full story

Manufacturers and Retailers Making It Easier for DIY Painters to Succeed, Says J.D. Power and Associates Study
April 23, 2012 - WESTLAKE VILLAGE, CA -- Customer satisfaction with interior paint continues to increase as manufacturers and paint retailers focus on paint application, which is the most important aspect of the customer experience, according to the J.D. Power and Associates 2012 U.S. Interior Paint Satisfaction Study(SM) released recently... Read full story

New DIY App Instills Confidence in Tile Installations
April 23, 2012 - AURORA, IL -- DIY enthusiasts now have a new online tool to support the successful installation of tile and stone. The TEC product selector, a new web-based and mobile app, allows homeowners to quickly receive product suggestions for TEC tile setting materials to get their project off to the right start... Read full story