SBS will now carry a range of James Hardie products at distribution facilties in Oklahoma City, Kansas City, and St. Louis. Specialty Building Products (SBP), the building materials distributor with a portfolio that includes U.S. Lumber, Reeb, Alexandria Millwork, and DW Distribution, Inc, among other brands, has made a pair of supply chain moves. The
Industry News
HCMLY: 3 Industrial Stocks to Watch This Week for Future Investment Opportunities Despite labor shortages and supply chain disruptions, the industrial sector is experiencing notable growth by embracing Industry 4.0 with tech investments, sustainability focus, and smart factory adoption. Therefore, investors could consider investing in promising industrial stocks Holcim Ltd (HCMLY), Universal Forest Products, Inc.
In the week ending November 17, 2023, the price of Western S-P-F 2×4 #2&Btr KD (RL) was US$404 mfbm, said forest products industry price guide newsletter Madison’s Lumber Reporter. This is flat from the previous week. That week’s price is up by +$20, or +5%, from one month ago when it was US$384 mfbm. Compared
Westlake Royal Building Products announced an expanded partnership with U.S. LUMBER and Amerhart, which are both Specialty Building Products (SBP) brands, that will encompass multiple products and locations. U.S. LUMBER and Amerhart are leading distributors of building materials. Through this expanded partnership, U.S. LUMBER and Amerhart will add distribution for more of Westlake Royal’s leading
Boise Cascade announced an indefinite curtailment of its lumber production in Chapman, AL. The curtailment will affect approximately 80 positions. The plywood operations at the Chapman location are not part of the curtailment. The Worker Adjustment and Retraining Notification (WARN) Act notification was provided to impacted employees and specifies that operations will cease on January 28, 2024.
Nonfarm payroll employment increased in 25 states in September compared to the previous month, while 22 states lost jobs, according to analysis from the National Association of Home Builders. The District of Columbia, North Dakota, New Mexico, and Virginia reported no change. According to the Bureau of Labor Statistics, nationwide total nonfarm payroll employment increased by
