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JELD-WEN® Launches Auraline® True Composite as Alternative to Vinyl and Wood Windows and Patio Doors

JELD-WEN®, a leading global manufacturer of high-performance interior and exterior building products, announced its first shipments of Auraline® True Composite windows and patio doors, an innovative new product line that blends the beauty of wood with strength and durability that surpasses vinyl. Auraline products are GREENGUARD Gold certified and feature fresh, contemporary designs delivering crisp, […]

Paper Excellence Partners with Vancouver Island University to Create Indigenous Success Fund

Paper Excellence announced today that it has partnered with Vancouver Island University (“VIU”) to create a new scholarship fund that aims to financially support Indigenous students enrolled in trades programs at VIU. Paper Excellence has contributed $60,000 to the fund, which will be distributed over three years. “On behalf of Paper Excellence, we are very […]

Metrie® Announces the Closing of Tinder Wholesale, LLC Acquisition

Metrie®, North America’s largest manufacturer and distributor of millwork solutions, today completed its acquisition of Tinder Wholesale, LLC, (“Tinder”) a two-step distributor of interior and exterior millwork. Alongside the purchase of EL & EL Wood Products Corp. in April 2022, and Pacific MDF Products Inc. and Canadian MDF Products Company in December 2020, the acquisition […]

Michigan-California Timber Company Sold to New Forests

On June 1, 2022 The Gonyea Family sold the 108,000 acres of forestland in Northern California that was managed by The Michigan-California Timber Company (MCTC) to New Forests, a global investment manager. Timber Products and New Forests have entered into a long-term timber supply agreement to ensure a stable future log supply for Timber Products […]

PPG to Highlight Array of Customizable Innovations for Architects at AIA Conference on Architecture 2022

PPG announced that it will feature a wide range of its architectural coatings at the AIA Conference on Architecture 2022 (A’22), June 22-25 in Chicago. The company will highlight its PPG CORAFLON® Platinum powder coating, PPG DURANAR™ liquid coating, PPG DURASTAR™ liquid coating, PPG DURAFORM™ liquid coating and PPG CORAFLON® ADS field-applied coating. Also on […]

Kodiak Building Partners Acquires Miller Lumber

Charley Miller, President and CEO of The Miller Lumber Company, and Kodiak Building Partners announced today that Kodiak has acquired The Miller Lumber Company. Miller Lumber was established in 1911 and is one of the oldest businesses in the Central Oregon region. As third-generation owners of the company, Charley Miller will remain President of Miller […]

L&W Supply Announces Manager Promotions in Two Colorado Locations: Golden and Colorado Springs

L&W Supply, a nationwide distributor of interior building materials and construction supplies, has announced branch manager promotions for two Colorado locations. Joey Yardley has been promoted to branch manager of the company’s Golden, Colorado, location replacing Fernando Sanchez, who was named to branch manager of the Colorado Springs, Colorado, branch. Fernando Sanchez started his career […]

Barchart: Lumber Price Approaches Critical Support Levels

In the commodities asset class, few futures markets experience the volatility lumber has exhibited over the past years. Lumber’s lack of critical trading and hedging mass exacerbates its price variance as offers to sell disappear during rallies. Most recently, bids to buy evaporated as the price declined. Low volume and open interest in any futures arena enhance […]

NAHB: Rising Interest Rates, Higher Construction Costs Slow Housing Production

Rising interest rates and ongoing building material supply chain disruptions that raise construction costs continue to act as significant headwinds on the housing market. Overall housing starts fell 14.4% to a seasonally adjusted annual rate of 1.55 million units in May from an upwardly revised reading the previous month, according to a report from the […]