Source: Reuters Ply Gem Holdings, Inc. (“Ply Gem” or the “Company”) (NYSE: PGEM), a leading manufacturer of exterior building products in North America, today announced financial results for the second quarter and six months ended June 29, 2013.
Source: DOOR & WINDOW MARKET MAGAZINE Door manufacturer Masonite reported a net loss of $1.2 million in the three months ended June 30, 2013, compared to a $3.9 million loss a year earlier. Net sales increased $20.3 million or 4.7 percent to $453.1 million in the second quarter of 2013 over the second quarter of 2012.
Source: USGlass Magazine Dubai has its famed Burj Khalifa, but the world’s tallest building is getting a lot of company these days with the business of building skyscrapers suddenly booming as the global economy recovers.
Nationwide housing affordability slipped several notches as recovering markets witnessed significant firming of home prices in the second quarter, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI), released today.
Source: PRNewswire Housing continues to lead the upturn, accompanied by modest gains for commercial building and public works, but institutional building remains in retreat
Source: thetimes-tribune.com By David Falchek Of all the employment sectors of the economy, home construction seems like one thing that can't be outsourced. That's mostly true. But the building materials can, and often are, from outside the United States.
Source: DOOR & WINDOW MARKET MAGAZINE The recovery has prompted two window companies to approach the public market with their shares. In July, Associated Materials filed for a $100 million initial public offering (IPO). The Ply Gem IPO, in May of this year, was met with strong buyer interest. These moves lead many to wonder what this means for the door and window industry. Are these additional positive signs in favor of the recovery?
Source: Wood Resources International LLC China importation of lumber and logs roars back to new highs in the 2Q/13, with imports up 30 % year-over-year, reports the Wood Resource Quarterly
Increased investments in the housing sector resulted in record imports of logs and lumber to China in the 2Q/13, reports the Wood Resource Quarterly. Lumber importation has grown faster than that of logs, with Russia and Canada being the major lumber suppliers in recent years. New Zealand has become the major supplier of logs, overtaking Russia, who has long dominated this market. Builder Confidence in the 55+ Housing Market Shows Significant Improvement in Second Quarter8/8/2013
Builder confidence in the 55+ housing market for single-family homes showed strong continued improvement in the second quarter of 2013 compared to the same period a year ago, according to the National Association of Home Builders’ (NAHB) latest 55+ Housing Market Index (HMI) released today. The index increased 24 points to a level of 53, which is the highest second-quarter number since the inception of the index in 2008 and the seventh consecutive quarter of year over year improvements.
Source:Energy Manager Today With commercial building operators facing pressure to reduce energy consumption and IT-based controls and monitoring becoming widespread, a perfect storm of factors has led to new software platforms for building energy management systems (BEMS), says Navigant Research, which predicts that the BEMS market will grow from $1.8 billion to $5.6 billion by 2020. The Navigant report, Building Energy Management Systems — IT-Based Monitoring and Control Systems for Smart Buildings: Global Market Analysis and Forecasts, says the BEMS market represents one of the fastest-growing and most promising waves of innovation ever to occur in the building industry.
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