Those waiting for a clearer direction to business after Wednesday’s tariff announcement would have to wait a little longer as the market needed time to digest this latest development. In the week ending April 11, 2025, the price of benchmark softwood lumber item Western Spruce-Pine-Fir 2×4 #2&Btr KD (RL) was US$505 mfbm. This is down […]
Sonoco Named to USA TODAY America’s Climate Leaders 2025 List
Sonoco Products Company, a global leader in high-value sustainable packaging, has been named to USA TODAY’s list of America’s Climate Leaders 2025. This prestigious award is presented by USA TODAY and Statista, the world-leading statistics portal and industry ranking provider. The list was announced on April 22, 2025, and can be viewed on usatoday.com. “A continued focus […]
Benjamin Obdyke Hires Drew Dyer as Technical Field Sales Representative in New England
Benjamin Obdyke, a leading supplier of high-performance building envelope products, has hired Drew Dyer as its new Technical Field Representative in New England. In this role, Dyer will support the company’s sales team and pro customers in the region through education, training, and technical assistance; solutions and market research; and new product launches. Dyer brings […]
Somnigroup International Announces New Chief Human Resources Officer
Somnigroup International Inc. (“Company” or “Somnigroup”) announced that Kindel Nuño has joined the Somnigroup executive team as its Chief Human Resources Officer, effective May 5, 2025. Ms. Nuño will report to Scott Thompson, the Chairman, President and CEO of Somnigroup. “During her tenure as Mattress Firm’s Executive Vice President, Legal and General Counsel, Kindel has developed […]
NVR, Inc. Announces First Quarter Results
NVR, Inc., one of the nation’s largest homebuilding and mortgage banking companies, announced net income for its first quarter ended March 31, 2025 of $299.6 million, or $94.83 per diluted share. Net income and diluted earnings per share for the first quarter ended March 31, 2025 decreased 24% and 19%, respectively, when compared to 2024 first quarter net income of $394.3 million, or $116.41 per […]
Simpson Strong Tie’s Strong-Bolt® 2 Wedge Anchor Now Comes Fully Assembled
Simpson Strong-Tie, the leader in engineered structural connectors and building solutions, now offers its Strong-Bolt® 2 wedge anchor in fully assembled packaging. It comes with the stud, nut and washer preassembled in one convenient package, saving installers time and eliminating lost pieces. Code listed for cracked and uncracked concrete, and masonry applications, the Strong-Bolt 2 wedge-type […]
Owens Corning Publishes 2024 Sustainability Report
Owens Corning published its 2024 Sustainability Report, Building Better Together, outlining the company’s progress toward its 2030 sustainability goals. “The theme ‘Building Better Together’ reflects the work of our team in delivering a significant year for Owens Corning in 2024,” said Chair and Chief Executive Officer Brian Chambers. “We successfully executed major strategic initiatives to reshape and […]
Statistics Canada: Investment in Building Construction, February 2025
Overall, investment in building construction rose 1.5% (+$331.7 million) to $22.4 billion in February, with gains being recorded across all components. The residential sector increased 1.8% to $15.7 billion, while the non-residential sector was up 0.8% to $6.8 billion. Year over year, investment in building construction grew 8.9% in February. On a constant dollar basis (2017=100), investment in building construction increased 1.2% from the […]
West Fraser Announces First Quarter 2025 Results
West Fraser Timber Co. Ltd. (“West Fraser” or the “Company”) reported the first quarter results of 2025 (“Q1-25”). All dollar amounts in this news release are expressed in U.S. dollars unless noted otherwise. First Quarter Highlights “In many respects, the first quarter of 2025 was a continuation of the more balanced supply and demand fundamentals […]
CMC Recognized on 2025 USA TODAY America’s Best Climate Leaders List
For the second consecutive year, Commercial Metals Company, has earned recognition on USA TODAY’s prestigious list of America’s Best Climate Leaders for 2025. The award is presented by USA TODAY and Statista Inc., the world-leading statistics portal and industry ranking provider. The award, announced today on usatoday.com, is the latest recognition of CMC’s longstanding commitment to sustainability and operational […]