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HPM Building Supply Announces Leadership Transition

HPM Leadership

HPM Building Supply announced a planned leadership transition, effective July 1, with Adrian Murphy moving from vice president of manufacturing to senior advisor—lumber and vendor strategy, and Colin Thompson promoted to vice president of manufacturing and construction. This transition coincides …

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Walmart and Sam’s Club Launch Summer Savings Push

walmart q2

Walmart and Sam’s Club recently announced thousands of lower prices through Walmart’s signature Rollbacks and Sam’s Club offers across stores and clubs nationwide. The savings are designed to help customers and members make the most of the season while spending …

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U.S. LBM Names New Chief Financial Officer

U.S. LBM CFO

US LBM recently announced the appointment of Enrico Batelli as chief financial officer, effective July 2, 2026. A nine-year veteran of the company, Batelli currently serves as vice president, field operations finance and has also held chief accounting officer responsibilities, …

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Mead Lumber Announces Leadership Transition

Mead Lumber CEO transition

Mead Lumber Company recently announced that president and CEO Dave Anderson will retire at the close of the company’s fiscal year on November 30, 2026. Jon Cohen, a veteran building materials executive with more than 25 years of industry experience, …

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Mortgage Rates Climb as Inflation Persists

June mortgage rates

Mortgage rates continued to increase in June due to high inflation and a stronger-than-expected labor market, according to the NAHB’s Eye on Housing. The 30-year fixed-rate mortgage averaged 6.49% in June, up 8 basis points (bps) over May. Since the …

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