Industry News
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Milwaukee Tool Launches New Cordless Grinders
By Glenn Pierce / December 24, 2021Milwaukee Tool has added two new cordless angle grinders to its lineup: the M18 Fuel 5″ Flathead Braking Grinders and the M18 Fuel 4-12″-5″ Variable Speed Grinders. According to...
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AquaCentral To Join Heritage Pool Supply Group
By Daniel Moore / December 23, 2021Heritage Pool Supply Group, a rapidly growing platform within the SRS Distribution family, acquires AquaCentral, the U.S. second-largest pool equipment and supply distributor. Tenex Capital announced the sale of...
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Groundworks Acquires Florida’s Alpha Foundations
By Vince Harvey / December 17, 2021Groundworks, the nation’s premier provider of foundation and water management systems, has announced the acquisition of Alpha Foundations based in Florida. Groundworks’ service area in Florida will be greatly...
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Stanley Expands with Two Big Outdoor Power Company Acquisitions
By Alex Matthews / December 17, 2021Stanley Black & Decker announced the completion of its acquisitions of MTD Holdings Inc. and Excel Industries, two prominent companies in the booming outdoor power equipment industry. “The combination...
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Heritage Landscape Supply Acquires SBI Materials
By Zach Myers / December 17, 2021SBI Materials, a major independent distributor of natural stone, manufactured stone, pavers, bulk materials, and other associated outdoor living items and accessories, has been acquired by Heritage Landscape Supply...
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Richards Building Supply Adds Ohio’s SIBCO Building Products
By Alex Matthews / December 16, 2021Richards Building Supply, a Homer Glen, Illinois-based company, has acquired SIBCO Building Products of Dayton, Ohio. “SIBCO was a natural choice for the addition to our portfolio with their...
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NAHB: Home Builder Confidence at Peak on Year’s End
By Jack Bjorklund / December 15, 2021According to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), builder confidence in the market for newly built single-family homes increased one point in December...
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ABC Supply Acquires Kentucky’s Siding Sales Inc. Assets
By Phil Garcia / December 15, 2021Siding Sales Inc.’s assets in Kentucky have been acquired by ABC Supply Co Inc. Siding Sales Inc.’s Bowling Green and London, Kentucky locations are included in the deal. ABC...
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Shepley Wood Products Joins Kodiak Building Partners
By Chris Gordon / December 13, 2021Shepley Wood Products in Hyannis, Massachusetts, has been acquired by Kodiak Building Partners. Tony Shepley, owner and president of Shepley Wood Products, and Kodiak Building Partners announced the transaction,...
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Lumber Prices Are Rising Back Again
By Glenn Pierce / December 10, 2021Lumber prices rose 5% to $1,024, returning to the $1,000 per thousand board feet mark for the first time since mid-June, as the commodity faces increased volatility due to...