July 22, 2015

The paint company brings the magic of color to Disney.

July 13, 2015

Parties move ahead in the blockbuster LBM acquisition.

June 22, 2015

Similar synergy stories emerge from BLDR-ProBuild, STCK-BMC executives. 

April 30, 2015

The 10-unit Victoria, Texas-based LBM dealer is the latest to join the fold of Kodiak Building Partners.

February 4, 2015

Better color selection is at the top of home improvement players' minds.

December 5, 2014

The last quarter was a tale of two divisions for Hoffman Estates, Illinois-based Sears Hometown and Outlet Stores, Inc.

The company's Outlet division's comparable store sales jumped 9.3%. But the more hardware-oriented Hometown stores saw comp-store sales decline 6.2%.

Overall, the 1,257 locations of Sears Hometown and Outlet Stores saw comps decline 2.3% for the quarter, in which its operating loss was $173.6 million.

December 2, 2014

HD Supply and The Home Depot today announced they have entered into an agreement for The Home Depot to purchase substantially all of the assets of HD Supply Hardware Solutions, formerly known as Crown Bolt, a leading supplier of fasteners and builders hardware to retailers in the United States. 

Terms of the deal were not disclosed. The transaction is expected to close by the end of fiscal year 2014 subject to obtaining customary regulatory approvals.

November 5, 2014

Louisiana-Pacific has added three new colors to its CanExel prefinished hardboard siding collection, developed in collaboration with Valspar.

The additions -- dark brown Cliffside, light brown Sandalwood and gray Coastline -- bump up the color options to a total of 21.

November 3, 2014

The final piece of the puzzle has fallen into place for PPG Industries in its acquisition of Mexican architectural and industrial coatings company Consorcio Comex, S.A. de C.V. ("Comex").

Mexico's Federal Economic Competition Commission has approved the deal following PPG's June 30 announcement that it had agreed to take on the company for $2.3 billion.

October 9, 2014

The annonced merger of ENAP and Progressive Affiliated Lumbermen has plenty of support from each group’s lumberyard leadership. What the merger lacks currently is a name.

LBM buying cooperatives PAL and ENAP signed a non-binding Letter of Intent to merge. The companies enjoy strong dealer support in the Midwest and East markets, respectively.

July 29, 2014

Ace Hardware has struck a deal with RONA, a Canadian retailer and distributor of hardware, building materials and home renovation products, to forge a long-term agreement for master licensing of the Ace brand in Canada.

July 10, 2014

A grant agreement between the U.S. Trade and Development Agency and Chinese company Midea will see Honeywell work to reduce the impact Midea's refrigerators and freezers have on the environment.

Honeywell will work with Midea, which manufactures appliances, to put its line of Solstice products into wider use. The main Solstice product that Midea will use is Honeywell's Liquid Blowing Agent, which expands insulation in appliances and has a lower global warming potential than more widely-used agents.

July 1, 2014

AZEK, Home Depot and OrePac all teamed up Thursday, June 19th to help spruce up a garden for disabled vets in San Bernardino, California.

The Veterans Exploration Garden in Speicher Memorial Park received a new AZEK Paver walkway (which is made with 95% recycled materials) for smoother wheelchair access.

July 1, 2014

Both sides of a West Coast labor dispute are entering extra time as the contract between the Pacific Maritime Association and the International Long Shore and Warehouse Union officially expired June 30.

As expected, both sides are negotiating in an effort to avoid the economic damage from a costly strike on the docks that, according to a recent study, could cost as much as $2.5 billion per day. 

June 23, 2014

An ongoing partnership between Valley Forge, Pennsylvania-based CertainTeed Corporation and leading building products distributor ABC Supply Co. is helping prepare carpentry students at a Massachusetts technical high school for the workforce with important industry training. 

May 16, 2014

Louisiana-Pacific Corp. (LPX) took a blow of 4.56% following news of the official termination of its deal with Ainsworth.

February 28, 2014

USG Corporation and Boral Limited have completed the 50/50 strategic joint venture they announced in October, which was delayed about a month over regulatory procedures.

February 13, 2014

The pending deal between Ainsworth Lumber and Louisiana-Pacific has been put off further by new timing agreements with the Canadian Competition Bureau and the Antitrust Division of the U.S. Department of Justice.

Ainsworth and LP have both agreed that they will not consummate the acquisition before March 13, giving federal regulators time to continue their reviews. As a result, the companies have extended the outside date for completion from March 4 to April 18.

February 4, 2014

Designers from Kohler Co. and Benjamin Moore have worked together to create Collaboration in Full Color, an array of tools and content that help customers visualize and choose styles. The collaboration then provides a list of materials to transform that vision into reality. 

December 3, 2013

Lowe's has teamed up with State Farm to help give consumers greater access to its proprietary cloud-based platform, Iris, a DIY safety and security home management system.

Specficially, State Farm will be offering its customers special promotions on the Iris Safe and Secure kit and the Iris Smart Home kit. Some qualifying customers will receive discounts on their home insurance as well.

Iris allows users to monitor and control smoke alarms, water sensors and more using a smart phone, PC or tablet. It also notifies users of possible water leaks or fires.

November 22, 2013

Valspar has agreed to provide its Aquaguard waterborne coating for Maersk Container Industry's shipping containers via a long-term supply agreement.

“Maersk is a global leader in container-industry sustainability, and we are privileged to partner with them on this innovative coatings solution,” said Roeland Polet, Valspar SVP, Global Industrial. “This is an important step, and we proudly put our 60-plus years of waterborne coatings expertise forward as a cost-effective, sustainable solution.”

November 4, 2013

Tri Pointe Homes, Inc. is merging with Weyerhaeuser Co.'s homebuilding business in a deal worth $2.7 billion, pending approval from Tri Pointe shareholders.

Weyerhaeuser Real Estate Co. will become a Tri Pointe subsidiary, with 80.5% ownership of the combined company to be distributed to Weyerhaeuser's shareholders. Pre-transaction Tri Pointe shareholders will own the remaining 19.5%.

The transaction doesn't include all Weyerhaeuser Real Estate assets, however; those remaining will be kept by Weyerhaeuser.

October 17, 2013

USG Corporation announced its 50/50 joint venture with Boral Limited, to be named USG Boral Building Products, as part of a strategic move to synergistically blend their branding, geographic impact and expertise in the burgeoning plasterboard market in Asia, Australasia and the Middle East.

The venture will include Boral's Gypsum division, which includes its plasterboard operations in Australia and Asia, as well as USG's Asian and Middle Eastern businesses. Additionally, USG will contribute exclusive access to its competitive products and technologies.

September 11, 2013

Georgia-Pacific and U.S. Lumber have announced they are entering a distribution agreement for engineered wood products (EWP).     The agreement, effective Nov. 1, 2013, provides for U.S. Lumber to distribute Georgia-Pacific engineered lumber in Alabama, Arkansas, Kentucky, Mississippi, North Carolina, South Carolina, Virginia, the panhandle of Florida, Georgia, and Tennessee. Both companies are based in Atlanta.