Window and door manufacturer decided to wait to sell bonds and has yet to price or actually sell any bonds, which have been given a "junk" rating by Standard and Poor's More
Fortune Brands Inc.--the conglomerate whose home products include such names as Moen faucets, Aristokraft and Kitchen Craft cabinets, Therma-Tru doors and Simonton wndows--announced the planned spin-off of its home and security unit into a separate company will take place Oct. 3. More
SRS Acquisition Corp. announced it opened a new location in Hartford, Conn., under the Pace Supply name. The location will service the Hartford and Springfield, Mass., markets and is the company's first foray into the New England market. The store will stock residential and commercial roofing products, siding, and windows. More
While visiting one of our locations last month, the market manager, an outside sales rep, and I went out for lunch. More
My builders are not as friendly as they used to be," one colleague recently complained to Rick Davis. But that's the problem, Davis says: the colleague is basing the relationship on friendship rather than on business needs. More
BlueLinx plans begin a rights offering of its common stock that will net $60 million, the company announced. In a press release, the company reported the proceeds would be used to pay off debt in its credit facility and to fund capital improvements. More
Aside from a runup in timber companies' stock prices, the earthquake and tsunami that devastated northern Japan are more likely to have a long-term than a short-term influence on the price and availability of North American lumber, a number of experts tell ProSales. More
Building material dealers rate a vendor or distributor's ability to deliver a product in a timely, accurate fashion as just as important as the qualities of the product being delivered. More
The investment vehicle that took control of Stock Building Supply in May 2009 incurred an after-tax loss of $45.5 million on revenue of $949.9 million at America's No. 4 LBM operation in the fiscal year ended July 31, Stock's minority owner reported. More
ABC Supply Co. has finalized its purchase of Bradco Supply Corp. to create a $4 billion, 479-location company that has moved to the top of the ProSales 100. Meanwhile, Stock Building Supply has acquired Bison Building Materials to become the No. 1 supplier in Houston. More
