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Beacon Announces Four New Locations

Beacon announced that it has opened new locations in Ruskin, FL, Jackson, TN, Killeen, TX and Tyler, TX, serving residential and commercial contractors and lumberyards. The new branch in Ruskin, FL is in Hillsborough County, part of the greater Tampa-St. Petersburg-Clearwater market. “This location adds further service for customers in our Tampa Beacon OTC® network. We are […]

Westervelt Announces Leadership Changes

The Westervelt Company recently announced new leadership for finance. Tony Sheffield will join The Westervelt Company as Chief Financial Officer in the third quarter of this year. He joins the company after more than 30 years in the wood products industry. “Tony is a seasoned executive, and his experience as a leader at multiple levels […]

Carlisle Construction Materials Opens New Production and Manufacturing Facility in Southern Missouri

Carlisle Construction Materials LLC (“CCM”) has officially opened its newest facility in Sikeston, Missouri. Local, regional and state leaders joined the manufacturing company’s executives in a ribbon-cutting ceremony at the facility earlier today. “We’re proud that Carlisle Construction Materials chose to expand its business here in Missouri,” said Governor Mike Parson. “This investment is a testament to our […]

MasterBrand Releases Inaugural Environmental, Social and Governance Report

MasterBrand, Inc. (the “Company,” or “MasterBrand”), the largest residential cabinet manufacturer in North America, today released the Company’s inaugural Environmental, Social and Governance (“ESG”) Report. The report provides an overview of MasterBrand’s ESG progress in many areas and showcases the ways the Company is living its mission to be a responsible steward of resources. “Being […]

L&W Supply Announces 7 Branch Manager Promotions

L&W Supply, a nationwide distributor of interior building materials and construction supplies, has announced that Carter Bingham has been named branch manager of its Jacksonville South, Florida, location. Since joining L&W Supply in 2017, Bingham has held various roles including warehouse material handler, stocker, inside sales representative and outside sales representative. He has accumulated this […]

White Cap Releases 2022 Sustainability Report

White Cap Supply Holdings, LLC (“White Cap”), a distributor of specialty construction supplies and safety products for professional contractors, today released its second annual Sustainability Report, titled “Building Trust through Our Commitments.” This 2022 Sustainability Report highlights White Cap’s Environmental, Social and Governance (ESG) program initiatives, progress made in key ESG areas over the past […]

Freddie Mac: Mortgage Rates Move Up Modestly

Freddie Mac released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.71 percent. “Mortgage rates have hovered in the six to seven percent range for over six months and, despite affordability headwinds, homebuyers have adjusted and driven new home sales to its highest level in more than a year,” […]

CoreLogic: US Mortgage Performance Continues Strong Run in April

CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released its monthly Loan Performance Insights Report for April 2023. For the month of April, 2.8% of all mortgages in the U.S. were in some stage of delinquency (30 days or more past due, including those in foreclosure), representing a 0.1 percentage point decrease compared […]

NAR: Pending Home Sales Shrunk 2.7% in May

Pending home sales shrunk 2.7% in May from the previous month, according to the National Association of REALTORS®. Three U.S. regions posted monthly losses, while sales in the Northeast surged. All four regions saw year-over-year declines in transactions. Key Highlights “Despite sluggish pending contract signings, the housing market is resilient with approximately three offers for […]

Floor & Decor Announces Grand Opening of Clermont, Florida Store

Floor & Decor, the leading high-growth retailer specializing in hard-surface flooring for homeowners and professionals, has announced the grand opening of its twenty-ninth warehouse store in Florida, with the addition of its newest location in Clermont, Florida. Located at 4800 Collina Terrace, it is the fifth store in the Orlando metropolitan area. The warehouse store […]