To reach 120 years of service, Mans Lumber and Millwork president Doug Mans says you have to be able to adapt to changing circumstances, even if it means making difficult decisions in moments of crisis. The family business began as …
Read More »Tag Archives: lumber
Rising Home Construction Rates Boost Lumber Prices
Builders are constructing more houses now than at any time before last decade’s foreclosure crisis, and the increased construction activity is resulting in higher lumber prices, reports The Wall Street Journal. Since last June, lumber futures have risen more than …
Read More »Lumber Distributor Spahn & Rose Acquires Building Materials Store
Spahn & Rose Lumber Co., a lumber distributor based in Dubuque, Iowa, has reached an agreement to purchase Moeller & Walter, a full-service building design and materials store in Reinbeck, Iowa. Spahn & Rose will acquire Moeller & Walter’s real …
Read More »Lowe’s Announces Financial Results for Q2 2019
Big-box home improvement chain Lowe’s has announced its second-quarter 2019 financial results. In total, the company reported net earnings of $1.7 billion in the second quarter. This figure represents an 8 percent decrease over its second-quarter 2018 earnings of $1.86 …
Read More »Understanding Lumber Prices
David Logan, director of tax and trade policy analysis for the National Association of Home Builders (NAHB), answered questions from Hardware Retailing about lumber prices and other concerns in the homebuilding sector. Hardware Retailing (HR): Why are lumber prices lower …
Read More »Home Depot Reports Q2 Financial Growth
Big-box home improvement retailer Home Depot has released its second-quarter 2019 financial results, reporting second-quarter sales of $30.8 billion. This figure represents a 1.2 percent increase over the same period in 2018 and a 16.6 percent increase over the company’s …
Read More »Building Steady Business in Texas
Founded in 1944, Teague Lumber Co. in Fort Worth, Texas, has adapted through the decades to remain a central destination for lumber and hardware supplies. Now, the company is still family-owned and overseen by president and general manager Paul Teague, …
Read More »Home Depot Reports Sales Growth for First Quarter
The Home Depot has announced first-quarter 2019 sales of $26.4 billion, for a 5.7 percent sales increase above the same period in 2018, the company reports. Home Depot says comparable store sales in the U.S. for the quarter were up …
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