Single-family construction saw a decline across the U.S. in the second quarter of 2025, according to an analysis by the National Association of Home Builders (NAHB). A 3.8% drop was reported in large metro, suburban counties, the largest decrease of …
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Home Depot Receives Canadian Competition Bureau Clearance for GMS Acquisition
The Home Depot announced it has received clearance from the Canadian Competition Bureau, in the form of no-action letter, in connection to the company’s previous tender offer to purchase through its wholly owned subsidiary Gold Acquisition Sub, Inc. (Purchaser), all …
Read More »Hancock Lumber Welcomes Seventh Generation Owners to Board of Directors
Hancock Lumber recently announced the appointment of two seventh-generation owners as official board members of the company. Chairman and sixth-generation owner, Kevin Hancock welcomed daughters, Abby (Hancock) Doherty and Sydney (Hancock) Hillman to the board with five additional outside directors. …
Read More »Ace Retail Holdings Announces Multi-Store Remodeling Initiative
Ace Retail Holdings recently announced the launch of a multi-year initiative to remodel its stores with a new hardware shopping experience. Planning to make significant investments over the next five years, Ace Retail Holdings aims to install the new store concept …
Read More »HIRI Fast Facts: American Housing Spending
The Home Improvement Research Institute’s American Housing Survey analyzes the frequency, types and average spend of home improvement projects among U.S. homeowners and the relationship between home improvement activities and housing market conditions. See these fast facts from the study: …
Read More »Do it Best Group Appoints Director of HR Operations
Do it Best Group recently announced the appointment of Morgan Lewis to director of human resources operations and shared services. Lewis brings experience in building effective HR programs and leadership in the manufacturing sector. In her new role, she will …
Read More »ABC Supply Expands in Mississippi
ABC Supply Co. Inc. announced it has acquired Exterior Home Products, LLC. in Columbus, Mississippi. This acquisition marks ABC Supply’s fourth location in Mississippi. “We’re thrilled to welcome Exterior Home Products to the ABC Supply family,” says Scott Toumbleston, Southeast …
Read More »July Sees Decline in New Home Sales
Potential homebuyers continue to be deterred by high mortgage rates, rising construction costs and economic uncertainty, according to an analysis by the National Association of Home Builders (NAHB). Newly built single-family home sales dropped 0.6% in July, falling to 652,000 annually, …
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