Boise Cascade signs lease in N.J.
Boise Cascade’s building materials distribution division has leased property to augment operations at its facility in Delanco, N.J. The new facility has 300,000 sq. ft. of inside storage and approximately 20 acres of usable yard space. Rail service is also included.
The new facility will allow for expansion of the current inventory and the addition of new product lines. Stan Bell, president of Boise Cascade’s building materials distribution, said: “This expansion is a continuation of our expansion strategy and our strategy to provide our customers with broader and deeper product lines. We are looking forward to more of these expansions and upgrades in the near future.”
Remodeling activity gains in January
Residential remodeling activity rose 22% in January 2011 in year-over-year comparisons, according to an index compiled by BuildFax, a national database of building permit data. Residential remodels in January were down 5% from December 2010, however.
All regions of the country posted year-over-year gains, although the Northeast continues to lag behind the other regions. For the first time in four years, the Northeast posted a year-over-year gain (7%) in January.
The other regions all did significantly better than the Northeast, posting double-digit percentage gains over their respective January 2010 values: 13% for the South, 28% for the Midwest and 19% for the West.
As is usual in January, index values were down month-over-month in every region: The Northeast was down 9%, the South was down 5%, the Midwest was down 10%, and the West was down 4%.
Based in Austin, Texas, BuildFax derives its remodeling index on monthly building permit activity filed with local building departments across the country.
Obit: Duane Swanson of Raymond Building Supply
Duane Swanson, the president and CEO of Raymond Building Supply in Fort Meyers, Fla., died on March 8 from complications of a series of strokes, according to an article in the News Press. He was 71 years old.
Swanson bought Raymond Building Supply from a broker in 1978 when it was a single lumberyard and grew the business to eight locations in southwest Florida.
Although not an athlete himself, Swanson was a generous contributor to local high school and college athletic programs and facilities, including baseball, football and soccer.