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Tag Archives: lumber

Product Shortages Causing Builders to Raise Prices, Preorder

building materials

It’s no secret that building materials are in short supply and the price of lumber and other supplies has increased significantly. In May 2021, the National Association of Home Builders (NAHB) surveyed builders in its annual Housing Market Index. Builders …

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US LBM Acquires Texas-Based Higginbotham Brothers

us lbm

US LBM, a leading distributor of specialty building materials in the U.S., has acquired Higginbotham Brothers, a building products dealer with 38 locations in Texas and two in Oklahoma. With this acquisition, US LBM now operates more than 320 locations …

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Longtime Do it Best Exec Gary Nackers Announces Retirement

gary nackers

After 22 years of service, Gary Nackers, Do it Best vice president of lumber and building materials, will retire in June. He will be replaced by Russ Kathrein, an industry veteran who most recently served as LBM business development manager …

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US LBM to Be Acquired by Bain Capital

us lbm

Building materials distributor US LBM has signed an agreement for Bain Capital Private Equity to acquire a majority stake in the company. US LBM will continue to operate under president and CEO L.T. Gibson and the current management team. Financial …

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2021 WRLA Showcase Changes Format

wrla

The Western Retail Lumber Association‘s (WRLA) Building & Hardware Showcase in-person event has been canceled due to the ongoing COVID-19 pandemic. However, a virtual event hosted on the association’s app and inside the Yardstick publication has been planned, event organizers …

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Headlines for Canadian Retailers: June 22

canadian headlines

Hardlines is keeping Canadian retailers informed on the ways COVID-19 is impacting their home improvement stores. Check back each week for an update on the latest headlines affecting home improvement retail in Canada. LBM Well-Positioned to Rebuild Economy A recent economic …

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How Mans Lumber Found Silver Linings in Trying Times

Mans Lumber and Millwork

To reach 120 years of service, Mans Lumber and Millwork president Doug Mans says you have to be able to adapt to changing circumstances, even if it means making difficult decisions in moments of crisis. The family business began as …

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Rising Home Construction Rates Boost Lumber Prices

lumber prices

Builders are constructing more houses now than at any time before last decade’s foreclosure crisis, and the increased construction activity is resulting in higher lumber prices, reports The Wall Street Journal. Since last June, lumber futures have risen more than …

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