New York City Gets Its First Completed Mass Timber Structure
Much of the rest of the country has been into mass timber for years but now the nation’s largest city is in the game too. It took the 2022 New York City Building Code to formally recognize CLT (cross-laminated timber) as a permitted building material but now a five-story apartment building in the Clinton Hill […]
Lowe’s and Home Depot Lead Texas Flood Relief
Adding to efforts by local businesses and organizations, the two big national chains are making big donations to help. The recent deadly floods in the Hill Country of central Texas have devastated the local area with the loss of life and property. As local groups start to roll out donations and programs to help the […]
Home Depot Doubles Down on Pro Market with $5.5 Billion Buy
In HD’s latest move to expand its contractor business, the big chain has bought building materials distributor GMS. It was a spirited fight but in the end, Home Depot was the winner. After private equity-backed dealmaker QXO, fresh off its acquisition of Beacon Roofing Supply this spring, made an initial offer to buy Georgia-based Gypsum […]
California Reverses Itself, Exempting Projects from Eco Law
In a stunning turnaround in a state with some of the strictest environmental laws in the country, many construction projects will now be excluded from protectionist laws. The YIMBY — Yes In My Back Yard — faction has won a major victory in the country’s most populous state with the signing into law by Gov. […]
Nearly 60 Million Acres Opened for Timber Production
As part of the Trump administration’s efforts to cut back environmental regulations, restrictions have been lifted on 30 percent of U.S. national forests. The rescinding of the 2001 Roadless Rule will remove restrictions on timber harvesting, road construction and reconstruction on close to 59 million acres of the National Forest System, according to an announcement […]
Floor & Decor Partners with Habitat for Humanity
The nationwide flooring chain is connecting with the organization to support its home-building efforts around the country. The new partnership has already resulted in the retailer donating more than $300,000 in flooring, tile and installation materials to over 60 local Habitat affiliates just this year so far, supporting more than 80 communities across the United […]
Lumber Prices Edge Up in May
As inventories issues continue to accumulate the supply chain is causing prices to increase. Madison’s Lumber Reporter said for the week ending May 30, Western Spruce-Pine-Fir was up 1 percent, or $6, to $450 per thousand-board-feet from the week before. Compared to a month ago, it was also up 1 percent. Year-over-year the increase was […]
Forecast for Home Improvements Taken Down for the Year
The Home Improvement Research Institute said “prevailing macroeconomic challenges” were causing a slowdown in the market. HIRI—the Home Improvement Research Institute—reported that the total home improvement market is now projected to grow by 3.4 percent in 2025, a reduction from the previous 5 percent growth rate projected in March. However the organization said it saw […]
MrBeast the Star of Lowe’s New Creator Network
The social media star is leading the way on the giant home improvement chain’s newest initiative. Lowe’s Creator Network, which launched earlier this month, allows users to share DIY content and shop for products. The big retail chain said the network “features a multi-tiered system built to support creators at every stage of their journey. […]
Who’s the Number Two Home Improvement Retailer Now?
You’ll be surprised to find out that even though Home Depot retains its spot on top of the sector, Lowe’s is no longer number two according to a new Coresight Research study. The retail marketplace for home improvement continues to evolve and a new study from a well-known research and consulting company says the second […]