Southeast Building Supply Interests (SBSI) announced it has acquired Builders Supply Company (Builders Supply), further expanding SBSI’s footprint in Tennessee. This acquisition adds three Builders Supply locations to SBSI’s growing network, bringing the company’s total footprint to 14 locations throughout …
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Inflation in April increased to the highest level in nearly three years, according to the latest Consumer Price Index released by the U.S. Bureau of Labor Statistics. The increase was largely driven by higher energy prices caused by the war …
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Existing home sales edged up in April after reaching a nine-month low in March, but sales remained at historically low levels, according to an analysis from the National Association of Home Builders. Elevated mortgage rates and inflation driven by the …
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rK MILES recently announced it has acquired Varney & Smith Lumber Company, a lumberyard and building materials supplier located in Lisbon, N.H. “This is a good fit for both companies,” says Joe Miles, CEO of rk MILES. “Varney & Smith …
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James (Jim) Edward Weyrens Sr., former president and CEO of Our Own Hardware, passed away peacefully at home on Jan. 9, 2026. Jim’s career began with Montgomery Ward and then Target as the sporting goods buyer. He later joined wholesaler …
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SRS Distribution Inc., a subsidiary of The Home Depot, announced it has completed the acquisition of Mingledorff’s, LLC, a wholesale distributor of HVAC equipment. The agreement was previously announced on March 24, 2026. “The addition of Mingledorff’s represents another key …
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SouthernCarlson announced it has acquired W Construction Supply, marking SoutherCarlson’s second add-on acquisition in three months since partnering with Truelink Capital. Terms of the acquisition were not disclosed. “We’re thrilled to welcome W Construction Supply to SouthernCarlson,” says Andrei Militaru, …
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Job growth persisted in April despite elevated interest rates and rising geopolitical uncertainty related to the Iran conflict, according to the National Association of Home Builders. The unemployment rate held steady at 4.3% in April and wage growth accelerated, with …
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