James Hardie Closing Two Facilities in Consolidation Move

The big building supply company is focusing on fewer, more efficient facilities going forward. The company said it is “taking steps to optimize its manufacturing footprint” and will close manufacturing facilities in Fontana, CA, and Summerville, SC, within the next 60 days. The sites’ manufacturing operations, which represent approximately 6 percent of the company’s year-to-date […]

What True Value’s New Ownership Means for the Chain

With the deal done for Do it Best to take over the hardware and building products retailer it could mean new growth for True Value. With over 8,000 stores and annual revenues of more than $6 billion the newly combined company becomes an even more significant player on the building products retail scene following a […]

Zillow Now Forecasting Stronger Housing Prices for 2024

The real estate site has raised its outlook for housing prices this year, predicting a more robust marketplace. As one of the more popular websites for the U.S. residential real estate market, Zillow has its fingers on the pulse of housing price trends, so its just released upgrade of its forecast for this year is […]

What Do the New Home Depot and Lowe’s Results Mean for the Building Business?

The new financial results from the two big home improvement chains show both the pro and do-it-yourself building sectors have slowed down…but it’s not all bad news. If the building industry needed any more proof of the slowdown in the construction sector they didn’t have to look any further than the new first-quarter financial results […]

Lumber Remains #2 Seller at Lowe’s

Sales of lumber and building supplies are a larger part of sales at Lowe’s than they are at arch-rival competitor Home Depot. Taken together they represent the best selling products at the DIY chain. A new analysis of sales by product categories at the country’s second biggest home improvement chain, Lowe’s, shows that lumber and […]