Agreement expands product line across Dallas, Houston, San Antonio, Austin and Oklahoma City markets.
Homebuilding
Company authorizes layoffs for 134 personnel, aiming for Euro 1.1 million in annual personnel cost savings.
Purchase applications rise 10% from a year ago as 15-year rates also fall to 5.47%.
Commercial housing sales fall 18% year-on-year.
Project delays shift Q4 deliveries to spring 2026 as largest December export orders move to next financial year.
Leo Oei moves from Vice President of National Accounts to lead commercial strategy for the US building products distributor.
U.S. building materials distributor expands Northeast presence with Chicopee-based two-step distributor.
New leader brings international real estate development and project delivery experience to advance mass timber adoption.
Neumann Bygg relocates 70-year-old Sandviken operations to new Lønborg facility with drive-through logistics.
Freddie Mac reports the 15-year fixed-rate mortgage averages 5.54% this week.
U.S. deal involves over 1,000 employees at 28 plants, with Bright Wood to operate under existing leadership.
Retailer sees 2.5%–4.5% sales rise in 2026, below expectations.
UK target employs 300 people, generates GBP 33 million ($44 million) in sales, and recycles 30% of its window frame material.
Machinery upgrade reduces electricity use and material waste, improving turnaround for residential construction sector.
Industry welcomes delay and revision of EU deforestation regulation, plans joint trade fair appearances in the U.S., UK, UAE, and China for 2026.
Average 15-year fixed-rate mortgage declines to 5.44%, both rates lower than a year ago.
New partnership covers Washington, Oregon, North California coast and Idaho Panhandle through six company distribution centers.
Group of 17 specialists to advance education, research, and investment in prefabricated and modular wood-based building materials.
Wooden housing declines 2.8%, accounting for 56.5% of total construction.
Acquisition adds Plymouth location to dealer's network ahead of new Farmington headquarters opening in early 2026.