Atlas Engineered Products' revenue for the nine months ended September 30, 2023 was $35.2 million compared to revenue of $46.9 million for the nine months ended September 30, 2022.
Homebuilding
Through this expanded partnership, U.S. LUMBER and Amerhart will add distribution for more of Westlake Royal’s leading brands, across multiple locations in Michigan, Wisconsin, Ohio, Pennsylvania, New York, New Jersey and Massachusetts.
Inventory shows 439,000 new houses for sale at the end of October, representing a 7.8-month supply at the current sales rate.
The 30-year FRM averaged 7.29% as of November 22, 2023, down from last week when it averaged 7.44%. A year ago at this time, the 30-year FRM averaged 6.58%.
Simpson Strong-Tie will create an additional 37 new jobs.
The new sites, along with already established stores in Bakersfield, Clovis, and Beaumont, will bring 84 Lumber's presence to eight total locations in the state.
Accsys’ colored-to-the-core wood product, Accoya Color, is now available in the UK.
The PPI for softwood lumber decreased 2.8% in October following a 1.3% increase in September.
Single‐family housing starts in October were at a rate of 970,000; this is 0.2% above the revised September figure of 968,000.
With the acquisition of Trimco Millwork, Woodgrain will increase its distribution center network to 35 locations expanding Woodgrain’s national footprint into the Rocky Mountain West.
Standardized designs should simplify the permitting process, save costs associated with expensive design services, and support small local governments with limited resources.
For the third consecutive week, mortgage rates have moved lower, supported by data suggesting a decrease in inflationary pressures.
Big Lake will be integrated into Glenbrook Building Supply, Inc., one of the businesses in Star’s Construction division.
Canadian home sales see downward trend continue in October 2023.
Kodiak Building Partners announced significant leadership transitions. Willie Hertford has been promoted to the position of President of Miller Lumber Company, succeeding Charley Miller, while Scott Peacock has been elevated to the role of President of Albeni Falls Building Supply.
Over the first nine months of 2023, the total number of U.S. single-family permits issued year-to-date (YTD) nationwide reached 693,908.
Taiga's Q3 2023 results impacted by low commodity prices.
Gross profit was $139 million, a decrease of $50 million, or 26%, year-over-year, and gross margin was 17.2%, down 70 basis points from the same period last year.
ABC Supply has acquired the assets of John S. Wilson Lumber Company in West Friendship, Maryland.
A year ago at this time, the 30-year FRM stood at an average of 7.08%.