Industry News

Woodbridge Group Closes Millwood-BlackEagle Deal

Jul 26th, 2010 | By DWM Mag | Category: Industry News

Millwood Lumber has been sold to a BlackEagle Partners’ portfolio company, US LBM Holdings, according to Woodbridge Group, a middle-market mergers and acquisitions firm that represented Millwood.
Millwood Lumber has provided lumber, millwork and hardware to renovation and remodeling contractors, builders and retail customers since 1932. Located in Westchester County, 30 miles north of New York [...]



Accu-Weld Announces New Corporate Name: Haddon Windows & Doors

Jul 26th, 2010 | By DWM Mag | Category: Industry News

Haddon Windows LLC, operating as Accu-Weld, has announced its new corporate name: Haddon Windows & Doors.
The name change is part of a strategic integration and revamp of the 29-year-old Accu-Weld Company and Speyer Door & Window, the assets of which were acquired by the Haddon family in 2009. Haddon’s new name represents the company’s vision [...]



Interlock USA Expands Distribution Capabilities

Jul 26th, 2010 | By DWM Mag | Category: Industry News

Interlock USA, door and window hardware supplier based in Reno, Nev., has increased storage capacity by more than 30 percent in its North American distribution center. The company says it made the investment in order to accommodate a higher sales volume as well as additional product lines resulting from new hardware development and new distribution [...]



Single-Family Housing Starts Virtually Unchanged in June

Jul 26th, 2010 | By DWM Mag | Category: Industry News

Single-family housing starts were virtually unchanged from the previous month at a seasonally adjusted annual rate of 454,000 units in June, according to the U.S. Commerce Department. Meanwhile, a 21.5 percent decline on the more volatile multi-family side weighed down the overall housing production number, which fell 5 percent to a 549,000-unit rate.
“As our most [...]



Champion Window Workers Vote “No Union”

Jul 22nd, 2010 | By DWM Mag | Category: Industry News

Production workers at the Champion Window manufacturing plant in Sharonville, Ohio, have voted against having the Iron Workers Shopmen’s Local 468 represent them as a bargaining agent in future negotiations with Champion. The Cleveland-based union petitioned for an election in May to represent full and part-time window manufacturing production, maintenance and shipping workers. (For more [...]



Truseal Technologies Promotes Coppola to Senior Vice President at Quanex Building Products

Jul 19th, 2010 | By DWM Mag | Category: Industry News

Quanex Building Products Corp. announced today that August (Gus) J. Coppola was promoted to senior vice president of Quanex Building Products, reporting to David D. Petratis, chairman and chief executive officer. Coppola was formerly the president of the company’s Truseal business. In his new role, Coppola’s key responsibility will be to serve as the champion [...]



Novatech Recognized for Environmental Efforts

Jul 19th, 2010 | By DWM Mag | Category: Industry News

Novatech announced that its environmental efforts have been recognized across Québec. RCI environnement has created a video presentation to highlight Novatech’s daily actions geared toward preserving the planet. The 45-second video will be shown 600 times in the various broadcasts by V télé during the weeks of July 12, 19 and 26, 2010 (in the [...]



Builder Confidence Declines in July

Jul 19th, 2010 | By DWM Mag | Category: Industry News

Builder confidence in the market for newly built, single-family homes declined for a second consecutive month in July to its lowest level since April of 2009, according to the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released on July 19. The HMI fell two points from a downwardly revised number in the [...]



Remodeling Spending Expected to Accelerate Moving into 2011

Jul 15th, 2010 | By DWM Mag | Category: Industry News

A recovery in home improvement spending will soon be underway according to the Leading Indicator of Remodeling Activity (LIRA) released today by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University. Remodeling spending is expected to increase on an annual basis by the end of the year, and the LIRA [...]



NLBMDA Chairman Testifies Before House Small Business Committee Urging Extension of Bonus Depreciation

Jul 15th, 2010 | By DWM Mag | Category: Industry News

National Lumber and Building Material Dealer (NLBMDA) chair Dan Fesler, chief executive officer of Lamperts in St. Paul, Minn., urged the U.S. House of Representatives small business committee to extend bonus depreciation for one year during a hearing held yesterday.
Fesler advised the committee that bonus depreciation has helped his business and small businesses in general.
“One [...]