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PPG Achieves Industry First With Launch of PPG ENVIROCRON LUM Retroreflective Powder Coating

PPG announced the introduction of PPG ENVIROCRON™ LUM coating, which is the industry’s first commercial retroreflective powder coating. The patent-pending coating is engineered to help improve visibility at night and during low-light conditions. Until now, retroreflective items like pavement markings, road signs and safety vests were possible with liquid paints, tapes and fabrics. PPG’s advancement combines the […]

LBM Advantage Hires Member Sales Manager to Bolster Southwest Expansion

LBM Advantage, one of the nation’s leading lumber and building materials cooperatives, recently announced they have hired Barry Brooks as member sales manager for the southwest region. Brooks has over twenty years of experience in the lumber and building industry, having served as a sales manager at Trex, and a regional sales manager and director […]

Commercial Metals Company Reports Third Quarter Fiscal 2022 Results

Commercial Metals Company today announced financial results for its fiscal third quarter ended May 31, 2022. Net earnings were $312.4 million, or $2.54 per diluted share, on net sales of $2.5 billion, compared to prior year period net earnings of $130.4 million, or $1.07 per diluted share, on net sales of $1.8 billion. Net earnings […]

CRH Continues Share Buyback Program

CRH plc, the global leader in building materials solutions, is pleased to announce that it has completed the latest phase of its share buyback program, returning a further $0.3 billion of cash to shareholders. Between 17 March 2022 and 15 June 2022, 7.6 million ordinary shares were repurchased on Euronext Dublin at an average discount […]

Westlake Ace Hardware to Add Store in Santa Rosa, California

Westlake Ace Hardware announced today it will acquire Guerneville Fulton Ace Hardware. The 12,000 sq. ft. store is in the Fulton Market Place at 2551 Guerneville Rd. in Santa Rosa, Calif. When the sale is finalized on August 29, 2022, Westlake Ace will own and operate 13 retail hardware stores in California. According to Westlake Ace, it […]

Aaron George Joins IWP

Aaron George has accepted a position at IWP as Senior Vice President of Sales effective August 1, 2022. George brings extensive industry experience, most recently representing James Hardie Building Products as the Director of Sales, West Division. In his 15 years with James Hardie, his positions increased in scope and responsibility, building on his previous […]

U.S. Census Bureau: Monthly New Residential Construction, May 2022

The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential construction statistics for May 2022: Building Permits Privately-owned housing units authorized by building permits in May were at a seasonally adjusted annual rate of 1,695,000. This is 7.0 percent below the revised April rate of 1,823,000, […]

Freddie Mac: Mortgage Rates Surge on Inflation Expectations

Freddie Mac released the results of its Primary Mortgage Market Survey (PMMS), showing that the 30-year fixed-rate mortgage (FRM) averaged 5.78 percent. “Mortgage rates surged as the 30-year fixed-rate mortgage moved up more than half a percentage point, marking the largest one-week increase in our survey since 1987,” said Sam Khater, Freddie Mac’s Chief Economist. “These higher rates […]

Matt Pontes Joins Sierra Pacific Industries as Director of Wildfire & Fuels Management

Sierra Pacific Industries has named Matt Pontes as its first Director of Wildfire and Fuels Management. “We are excited to have Matt’s strategic leadership in this newly created position developed to protect our timberlands, ecosystems and rural communities,” said SPI CEO Mark Emmerson. “Matt will guide our company’s work in wildfire suppression and resiliency efforts, […]