Government Projects

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Unsecured Creditors Object to BMHC Reorganization Plan

A group of unsecured creditors has objected to the next steps in Building Materials Holding Corp.'s reorganization plan under Chapter 11 of the federal bankruptcy code, according to a recent filing in U.S. Bankruptcy Court in Wilmington, Del. More

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Judge Kills 11 Leases Held by Bison Building Materials

A federal bankruptcy judge freed Bison Building Materials from 11 property leases that it said had contributed to the financial problems that forced it to seek Chapter 11 bankruptcy protection. More

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Turning Green

Nestled in northwest Connecticut's Berkshire Mountains, Washington Supply has always been surrounded by green. Three years ago, the dealer began returning the favor by deciding to become a regional leader in green building. Not long after that and nearly 3,000 miles way, executives at another dealer took similar action: Parr Lumber launched its GET REAL! program of environmentally friendly and sustainable products. More

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BMHC Gets $54 Million Tax Refund

BMHC revealed that it had received a $57 million federal tax refund for 2008. About 70% of the refund is being used to reduce borrowings from BMHC's credit agreement. More

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2009 Editors' Choice

While the state of the market is depressing, it's always uplifting to see... More

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Stranded at Low Tide

A longtime associate member of the Florida Building Materials Association told president Bill Tucker that he wouldn't be able to make his dues for the year. More

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Scherer Brothers Lumber in Minnesota could be the poster child for pro dealers that find themselves in extreme survival mode. Housing starts in the Minneapolis-St. Paul metroplex have plummeted more than 80% from only a few years ago. That falloff necessitated a "disaster recovery plan," as COO Mark Scherer calls it, that included Scherer Brothers letting go of half of its staff and mothballing its yard in Albertville, Minn. More

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Yard Notables: NLBMDA to USGBC: Add Eco-Label To Certified Wood Plans

The U.S. Green Building Council (USGBC) should go beyond expanding recognition of certified wood programs by adopting a new way to brand lumber that frees dealers of the constraints of chain-of-custody certification, the National Lumber and Building Material Dealers Association (NLBMDA) urges. More

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