Import cargo at major U.S. container ports is expected to see a surge throughout the summer as retailers take advantage of a 90-day reduction in tariffs that were recently imposed on China, according to the National Retail Federation and Hackett …
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U.S. Economy Adds 139,000 Jobs in May
Job growth in the U.S. moderated in May despite ongoing economic and policy uncertainty, with the unemployment rate remaining at 4.2%, according to an analysis by the National Association of Home Builder’s (NAHB) Eye on Housing. Over the past 12 …
Read More »Do it Best Names Director of Strategic Initiatives
Do it Best recently announced the appointment of Tony Miner to director of strategic initiatives. “We’re pleased to welcome Tony Miner into his new role within our division as the director of strategic initiatives,” says vice president of sales Greg …
Read More »84 Lumber Opens New Truss Plant
84 Lumber announced it has added a new 75,000-square-foot truss plant in Northwood, Ohio. “This new truss plant allows us to better serve the customers in the Detroit and Toledo markets, and adds to our capacity in the surrounding areas,” …
Read More »Spahn & Rose Lumber Co. to Acquire Whit Davis Lumber Plus
Spahn & Rose Lumber Co. has entered into an agreement to purchase family-owned lumber and building supplier, Whit Davis Lumber Plus. The acquisition is planned to close on June 20, with stores reopening under the Spahn & Rose family on …
Read More »New and Existing Home Price Gap Shrinks in Q1 2025
The gap between new and existing home prices is narrowing, according to the National Association of Home Builders (NAHB). “Homebuilders are committed to ensuring everyone who values homeownership has the opportunity to attain a safe, affordable home,” says NAHB chairman …
Read More »Lowe’s Completes Acquisition of Artisan Design Group
Lowe’s announced it has completed its acquisition of Artisan Design Group (ADG), a nationwide provider of design, distribution and installation services for interior surface finishes to home builders and property managers. “We are pleased to complete this transaction and officially …
Read More »The Home Depot Names New CIO
The Home Depot recently announced Angie Brown has been named as the company’s executive vice president (EVP) and chief information officer (CIO). “Angie is an exceptional leader whose customer-first mindset consistently drives meaningful innovation across our business,” says Ted Decker, …
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