The modest level of housing starts in 2014, tighter lending standards, higher interest rates, and increased lumber mill capacity are expected keep lumber prices in check.
Raleigh, N.C.-based Cornerstone Building Alliance expanded into the Texas market by linking up with J.P. Hart.
The Lowe's home improvement chain plans to expand its Orchard Supply Hardware brand in California with the addition of five new stores in 2014.
LP reported fourth quarter 2013 sales of $480 million, but also posted a quarterly loss of $20.4 million.
