Momentum Building for Home Improvement Activity
Spending by homeowners on improvement projects is expected to rise this year, according to the Leading Indicator of Remodeling Activity by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.
On top of the nearly 10 percent growth reflected in U.S. Census Bureau figures for 2012, the LIRA predicts strong gains in homeowner remodeling spending continuing throughout 2013, with some moderation in the pace of growth toward the end of the year.
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Go Green or Go Home
Everybody seems to be an activist on Earth Day. However, there are a number of big homebuilders that enforce sustainability efforts on a regular basis.
KB Home ($21.02 0%), for instance, has delivered more than 1,000 solar homes, opened new ZeroHouse 2.0 model homes (net-zero-energy homes) and introduced new water efficient standard products.
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Sales of green building materials are surging amidst the US construction sector rebound as consumers and developers become increasingly aware of the benefits brought by sustainability and efficiency measures.
Green Depot, a New York-based supplier of green construction materials, has seen business flourish since its humble beginnings in Brooklyn in the last decade. According to its owner, revenue is expected to rise by over 20 per cent this year to $12 million from $9.75 million in 2012.
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An accelerating rebound in new home construction over the next two years should finally give the U.S. economy the jump-start it needs to progress toward a truly robust recovery.
New home construction continues to bounce back from the lows of 2009, after the housing bubble burst, but still has a long way to go.
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Since 1895, PLM has specialized in Property and Casualty insurance for the lumber, woodworking and building material industries. The company was formed "by lumbermen for lumbermen", and throughout our entire history, the wood industry has been our sole focus. As a mutual insurance company, we are not bound by shareholders, but serve our policyholders. We offer competitive rates, loss control programs and prompt claims response and handling. We are financially strong and carry an A.M. Best rating of A- (Excellent). For more information, contact us at 800-752-1895 or at www.plmins.com. |
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NEWS BRIEFS
MoistureShield® Composite Decking helps raise $40,000 for the Northwest Arkansas CASA "Playhouse Palooza" fundraiser. The fundraiser was held to help abused and neglected children in Northwest Arkansas.
Do it Best Corp. was recognized with the International Leadership Award from Dale Carnegie Training for its continued commitment to the development of its employees.
MORE>>
Alside has announced the opening of its third wholesale distribution supply center in greater Buffalo. The supply center, scheduled to open in May 2013, will be in Falconer, N.Y. The new location will add jobs, bringing the total number of employees to more than 25 in the Buffalo area. MORE>>NLBMDA encourages LBM dealers to urge their senators to vote for the Marketplace Fairness Act (S. 743) this week, which would empower states to enforce sales tax collection and remittance from out-of-state Internet retailers. MORE>>Shelly Enterprises, Inc., one of the oldest and largest building material suppliers in Eastern Pa. with seven locations, joins US LBM Holdings, marking it as US LBM's ninth acquisition since 2010. MORE>>Got news? Send it to Rick@LBMJournal.com
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 Grow your sales, your business and your brand. Here's how:Building codes are getting stricter...and greener. Your builder, remodeler and homeowner customers need help navigating codes and understanding today's green building standards (ENERGY STAR, LEED-H, NAHB, and more). Get the training and certification you need for a lot less than you'd think. The Certified Green Dealer Program will train your entire sales, customer service and management team for just $499 per location. There is absolutely no travel required to train your team on this innovative, easy-to-use, web-based program. Click below for details and a free sample video. |
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UPCOMING EVENTS
April 25-27 Kentucky Building Materials Association (KBMA) Annual Convention, Louisville, Ky., www.kbma.net, 502.245.6730 May 2 IDEAS Lumber and Building Material Trade Show, Somerset, N.J., www.lbmideas.org May 18-20 Do it Best Corp. May Market, Indianapolis, Ind., www.doitbestcorp.com,
888-DOITBEST
June 5-6 PCBC 2013, San Diego, Calif., www.pcbc.com
October 17-19 West Coast Lumber & Building Material Association (WCLBMA) Annual Convention, San Diego, Calif., www.lumberassociation.org, 800.266.4344
October 19-21 Do it Best Corp. October Market, Indianapolis, Ind., www.doitbestcorp.com, 888-DOITBEST
November 11-13 STAFDA Annual Convention & Trade Show, Las Vegas, www.stafda.org
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