ACS moves in Midwest, acquires Arrow Building Centers Los Angeles — Portfolio company American Construction Source (ACS), operated by Angeles Equity Partners, LLC, and Clearlake Capital Group, L.P., has announced the acquisition of Arrow Building Center (ABC) headquartered in Stillwater, Minnesota. Financial terms of the transaction were not disclosed. ABC, also known asRead More →

Softwood lumber price decline largest in seven years The National Association of Home Builders reports that softwood lumber prices fell 10.3% in October—the largest drop since May 2011—according to the latest Producer Price Index (PPI) release by the Bureau of Labor Statistics. The producer price index for softwood lumber has fallen 21.2%Read More →

Feeney CableRail Conceal Kit   The Feeney CableRail Conceal Kit is a low profile version of the company’s standard CableRail kits and was developed to provide a solution for customers seeking a more streamlined cable railing aesthetic. Fittings are shorter and end caps are thinner, enabling them to be completely concealed insideRead More →

Epicor honors LBM customers at annual user conference; new features introduced Epicor Software Corporation, a global provider of industry-specific enterprise software to promote business growth, announced today the 2018 Epicor Customer Excellence Awards winners for lumber and building materials (LBM) customers. The awards recognize innovative LBM businesses that have successfully transformed operations by deploying EpicorRead More →

Simpson Strong-Tie donates to Red Cross to help with Hurricane Michael, Indonesia relief Pleasanton, Calif. — Simpson Strong-Tie donated $30,000 to the American Red Cross Disaster Relief Fund to assist with relief efforts for the many communities affected by Hurricane Michael in the US Atlantic states and Central America, as well asRead More →

Share of modular and other non-site built housing expected to rise The National Association of Home Builders reports that the total market share of non-site built single-family homes was 3.3% of single-family completions in 2017, according to Census Bureau Survey of Construction data and NAHB analysis. This share is expectedRead More →

New York (CNN Business)American oil executives will sleep a bit much better this evening after Saudi Arabia signified it’s pertaining to the rescue of the battered crude market. In 2014-2015, Saudi Arabia took a much various technique focused on alleviating a supply excess. At the time the kingdom flooded theRead More →

Harvey Building Products acquires Northeast Building Products WALTHAM, Mass. — Harvey Building Products announced today that it has acquired Northeast Building Products Corporation (NBP) based in Philadelphia. “Northeast is a first-class organization and we are excited about their addition to the Harvey portfolio of companies,” says Jim Barreira, CEO of HarveyRead More →

Meek’s consolidates six Missouri stores Less than two months after Meek’s Lumber was acquired by two private equity firms, the company has made moves to consolidate stores in Missouri. Meek’s consolidated six Missouri locations on Monday, Nov. 5, a move that was “a data driven business decision after careful analysis and consultationRead More →