ABC Supply Co. Inc. recently announced it has acquired the assets of Koch Building Products in Sandusky, Ohio. This acquisition strengthens ABC Supply’s presence along the Lake Erie shoreline and improves service for contractors and builders in northern Ohio. Founded in 1952, …

Paladin Data Corporation®, a provider of software solutions for independent retail hardware stores, recently announced the acquisition of CyberBOS, a long-established point-of-sale (POS) and business management platform specializing in the lumber, hardware and building materials industries. The acquisition strengthens Paladin’s …

Cable Ties Unlimited (CTU) recently announced the addition of Andy Roach to its wholesale sales team as regional sales manager for the Southeast region, covering Tennessee, North Carolina, South Carolina, Georgia, Alabama and Florida. In this role, Roach will be …

LMC, a leading buying group serving independent dealers in the building materials industry, recently announced the promotion of Deirdre Garland to vice president of marketing. Garland, who has been with LMC since 2017, most recently led the company’s kitchen and …

Strong labor market growth continued to put pressure on the nation’s housing supply in 2024, as homebuilding activity did not fully keep pace with demand driven by job gains. Comparing net new jobs with prior-year permitting activity displays whether the …

Ace Hardware recently announced upcoming Ace Rewards Days, taking place from June 23-26, featuring exclusive online offers and special discounts on summer products for Ace Rewards members. Ace runs Rewards Days throughout the year for its members. “Whether tackling a …

Affordability challenges and rising economic uncertainty continue to impact housing conditions, while slowed household growth and cost burdens for both renters and homeowners also contribute, according to the annual State of the Nation’s Housing report from the Harvard Joint Center …

With a new Fed Chair and plans for evolving operating strategies, the Federal Reserve maintained its target policy rate at the conclusion of the June Federal Open Market Committee (FOMC) meeting. The FOMC maintained the short-term federal funds rate at …