In 2023, serial entrepreneur Brad Jacobs announced plans to become a “tech-enabled leader” in the $800 billion building products distribution industry. Last week, Jacobs, and…
lumber
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QXO to Buy Kodiak Building Partners
Last week, QXO Inc. announced a $2.25 billion deal through which it will acquire Kodiak Building Partners from Court Square Capital Partners. The transaction is…
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84 Lumber Opens Store in La Mirada, California
Officials for 84 Lumber have announced what they’re calling the latest in a “strategic expansion across California and the West,” opening a new store in…
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U.S. Imposes Section 232 Tariffs on Imported Wood Products, Citing National Security
The White House issued a proclamation this week, invoking Section 232 of the Trade Expansion Act of 1962 to impose new tariffs on imports of…
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Lumber Tariffs Spark Split Between Builders and Producers
Earlier this year, when the U.S. announced tariffs against Canada and Mexico (and later a number of other countries) the homebuilding industry collectively retrenched. The…
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As Tariffs Twist and Turn, Associations Speak Out
The Window and Door Manufacturers Association held its Spring Meeting and Legislative Conference last week in Washington, D.C. As the event wrapped up with a…
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Kodiak Building Partners Acquires Diamond Home Improvement
Kodiak Building Partners, a building materials distribution acquisition firm based in Highlands Ranch, Colo., has acquired Diamond Home Improvement (DHI). In a press release, Kodiak…
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Weakening Builder Confidence Points to Economic Troubles Ahead
According to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), rising inflation and higher mortgage rates are slowing traffic of prospective…
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Weakening Builder Confidence Points to Economic Troubles Ahead
According to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), rising inflation and higher mortgage rates are slowing traffic of prospective…
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NAHB Members Send Letter to Biden Warning of Housing Crisis
More than 10,000 National Association of Homebuilders (NAHB) members from all 50 states, the District of Columbia and Puerto Rico sent a letter to President…