Content about Building materials

August 27, 2014

Among the cadre of keynote speakers presenting at this year's Pro Dealer Industry Summit is Ken Wilbanks, a business consultant to the lumber, building materials and home center industry.

Wilbanks cut his teeth working for Home Depot, Lowe's, Ernst Home and Nursery, EBS Building Supply and other industry organizations, ranging from entry-level to executive roles. 

As a consultant, Wilbanks provides educational programs, financial and business process analysis, leadership development and executive coaching.

August 11, 2014

Eagle Materials, producer of basic building materials from wallboard to cement, reported second quarter revenues of $266.3 million, up 17% from the same three-month period last year.

In the quarter, sales of gypsum wallboard increased 17% to $112.7 million. The company implemented a wallboard price increase effective January 2014 and recently announced a 15% price increase effective in January 2015.

The company’s total net earnings increased 25% to $37.7 million.

August 4, 2014

Fort Wayne, Indiana-based Do it Best Corp. announced the retirement of one of its senior leaders while also transitioning another proven executive into a new position.   

Effective Oct. 24, Do it Best VP of Lumber and Building Materials Quent Ondricek will retire his position, while Gary Nackers, currently director of program development for LBM, will move into that role, effective Sept. 15. 

August 1, 2014

For a company whose fortunes are tied to up-and-down housing starts and remodel-and-repair activity, Boise Cascade has found a way to establish stability for itself in the marketplace.

Its steadfastness is noticed within the industry, because the Boise, Idaho-based lumber supplier and building materials distributor garnered enough nominations to win the 2014 Golden Hammer Award in the Lumber & Plywood category.

July 29, 2014

Ace Hardware has struck a deal with RONA, a Canadian retailer and distributor of hardware, building materials and home renovation products, to forge a long-term agreement for master licensing of the Ace brand in Canada.

June 23, 2014

Raleigh, North Carolina-based Stock Building Supply has opened up a new lumber and building materials distribution facility in Troutman, which will serve the nearby Charlotte metro area.

May 30, 2014

St. Louis-based Huttig Building Products expanded its borrowing capacity.

The domestic distributor of millwork, building materials and wood products announced it entered a deal to amend and extend its $120 million senior secured credit facility.

"We believe the amended facility will enhance our financial flexibility and provide greater liquidity to support our business growth,” said Philip W. Keipp, Huttig’s VP and CFO. 

May 29, 2014

Earnings season for the 30 companies tracked by the HCN Stock Watch ended last week with the quarterly reports from Sears Holdings (not good) and Toro Company (not bad). 

May 21, 2014

Lowe's has a new SVP in Michael Tummillo, who is taking over the Building and Maintenance division as SVP and general merchandising manager.

In his new role, Tummillo will be responsible for the company's Lumber & Building Materials, Millwork, Tools & Hardware and Rough Plumbing & Electrical divisions.

He replaces Michael McDermott, who will now serve as CMO and direct supervisor to Tummillo.

April 15, 2014

Saint-Gobain and CertainTeed are moving to a new headquarters in Pennsylvania.

Saint-Gobain, the world’s largest building materials company, signed a lease for 320,000 sq. ft. of space at 20 Moores Road in Malvern, Pa.

April 9, 2014

Hines Supply, a subsidiary of US LBM, has opened a full-service building supply center and design showroom in Grayslake, Ill., north of Chicago.

The location, at 939 South Route 83 in Grayslake, is celebrating its grand opening today. It will be managed by 30-year industry veteran Ed Graafsma.

April 2, 2014

Each year, HCN raises its flag full-staff in honor of the homegrown manufacturing efforts taking place on our soil. Particularly in the building materials and home improvement industry, many enterprising suppliers go the Made-in-USA way because, as they put it, it’s the obvious choice.

March 27, 2014

The Home Channel Hall of Fame will induct a new member in early May, as Orgill chairman, president and CEO Ron Beal joins the prestigious circle of industry leaders.

Beal will be inducted as part of the 2014 Golden Hammer Awards Ceremony slated for May 6 in Las Vegas during the National Hardware Show

The event’s sponsors are HCN and the National Hardware Show.

March 27, 2014

Royal Building Products joined the Builder Partnerships organization, a group that connects builders and manufacturers.

Royal Building Products is a manufacturer and distributor of building materials for the home remodeling and new construction markets.

March 5, 2014

WOLF's Key Buyer Index (KBI) was up substantially between November and January, which runs counter to many of the less-than-stellar economic indicators from the building industry this winter.

The January 2014 KBI score came in at 64.73, a 20.6% increase from November 2013's score of 53.67. January's score is also a big improvement over the year-ago score of 58.33.

January 29, 2014

Whether we’re in a boom or a bust economy, there’s no shortage of luxury items in the home channel — and in fact, brand equity for many of the nation’s high-end companies has only improved in recent years, with well-heeled customers virtually shielded from the squeeze of the recession.

Then again, when it comes to home improvement retailing, luxury can mean anything ranging from prohibitively expensive building materials to upscale flashlights that may only retail for a little under $200 — attainable enough for many middle-class Americans.

January 24, 2014

Do it Best CEO Bob Taylor promoted the virtues of the local independent hardware and lumber and building materials stores in his recent blog that appeared on Independent We Stand.

Among them: Local knowledge; product assortment and experience.

He added: “Money spent with your local independent store stays local and is reinvested into the community.” 

January 22, 2014

Back in November, the Mid-Hudson Lumber Dealers Association honored their 2013 Lumber Person of the Year, Rich Protsko.

At the West Hills Country Club in Middletown, N.Y., MHLDA director Tim Erchick presented the award to Protsko at the 2013 Annual Meeting Nov. 1.

December 27, 2013

Paul Gertner, president of Starborn Industries, a manufacturer and distributor of fastening products, was named 2013 Lumber Person of the Year during the inaugural Annual Meeting of the New York Long Island Lumber Association. 

Gertner was cited for this honor in recognition of his “long-standing dedication, support and service to the lumber and building materials industry.” 

December 13, 2013

Fitch Ratings has released a report titled "2014 Outlook: U.S.

December 1, 2013

Mansfield, Mass.-based distributor Boston Cedar brought in some star power to help relaunch its decking, railing and trim product lineup.

Hockey legend Bobby Orr was on hand at the event in Providence, R.I., as was Providence College basketball coach Ed Cooley.  The celebration was designed to launch the compan's new decking, railing and trim product line up, and it attracted many of the leading northeast lumber and building materials dealers, according to the company. 

November 26, 2013

In a move aimed at expanding its presence in the Northeast, California Redwood Company has entered into a distributor relationship with Russin Lumber.

“Russin Lumber has a fine reputation in New England and the Mid-Atlantic as a wholesale distributor of building materials, and we are pleased to have been selected to provide them with our high-quality redwood products and strong customer service,” said Ray Barbee, VP sales and marketing.

November 20, 2013

What categories did well at Home Depot in the third quarter? Take your pick.

All merchandise departments posted positive comps, Craig Menear told analysts during yesterday's earnings call. Even those that fell below the company average -- millwork, flooring, pluming, outdoor garden, building materials, hardware and tools -- still performed positively. 

November 19, 2013

Many companies have been organizing drives and fundraisers for victims of Typhoon Haiyan since it touched down in the Philippines, and the home improvement and building materials industry is finding ways to make its own mark on the recovery effort.

Lumber Liquidators is providing tents and aid to affected families via the nonprofit ShelterBox USA. The organization delivers compact kits and emergency supplies to disaster survivors, which include tents, blankets, tools, water purification equipment, stoves, children's activity kits and more.

November 14, 2013

Boise, Idaho-based BMC, the building materials and construction services provider and 2012 HCN Pro Dealer of the Year, completed the acquisition of Sacramento-based Western Building Specialties.

The move will expand BMC's millwork offerings in Northern California and strengthen the company's business in the Central Valley of California, a market described as a key U.S. market for homebuilders.