Tax Credits

New Jersey Offers Tax Break for New BFS Facility
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New Jersey Offers Tax Break for New BFS Facility

BFS could build a new ProBuild site in Winslow, N.J. More

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Cool Roofing Choices Expand

Government rebates, savings, and pursuit of LEED points are making cool roofs a popular and affordable option with homeowners, builders, and architects. Building material manufacturers and suppliers are proving more than happy to meet the demand. More

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Georgia Gulf Building Unit's Op Loss Triples in 1Q

Georgia Gulf Corp., which makes a variety of building products that carry the Royal Group and recently acquired Exterior Portfolio brands, said its building products segment's operating loss more than tripled in the first quarter to $12.1 million from a $3.7 million loss in the first three months of 2010. More

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Beware of the Upturn

Even though housing starts continue to lag, many signs point to the beginning of the long awaited economic recovery, LBM marketing executive Mark Mitchell says. This is good news! But beware; your business can fail just as easily during a recovery as a downturn. More

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NLBMDA Cheers, Critiques Tax Bill

The National Lumber and Building Material Dealers Association applauded Congress for approving a tax bill that contains provisions to stimulate the economy and provide extra depreciation and expensing, but booed the Senate and House for failing to pass other proposals that could have helped dealers. More

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Senate Rejects Amendments on 1099 Furor; NLBMDA Sad

The Senate rejected a pair of amendments to the health care reform bill that would have repealed or altered an income tax reporting requirement that small-business groups have decried as an onerous burden. One of those organizations, the National Lumber and Building Material Dealers Association, expressed disappointment that the amendment to repeal failed to win passage. More

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BFS Squeezed by Run-Up in Commodity Prices

An "unprecedented" increase in commodity prices swamped the modest sales gains that Builders FirstSource recorded during the first quarter and led to a net loss of $31.4 million during the period, slightly deeper than the $30.6 million net loss in 2009's first quarter, BFS reported. More

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Home Star Bill Introduced in House

Several House members today introduced legislation creating Home Star, a measure designed to spur employment by giving tax credits for energy retrofits of homes. More

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IRS Tax Breaks Help Some Swing to Profit

Financial reports for publicly traded companies indicate some of the country's biggest--and biggest money-losing--building material businesses are moving back into the black, not because of their operations but thanks to the Internal Revenue Service. More

ThermaTru Fiber-Classic Mahogany Doors
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ThermaTru Fiber-Classic Mahogany Doors

The Fiber-Classic Mahogany Collection of fiberglass doors is Energy Star qualified... More

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