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Hy-Lite cuts prices on Storm-Lite

BY HBSDealer Staff

Saying that the company wants to make impact-resistant windows more affordable for anyone replacing or rebuilding after the recent round of hurricanes, Hy-Lite is offering its Storm-Lite 4’ x 4’ window at a price reduction of more than 40%.

Hy-Lite is a division of U.S. Block Windows Company.          

Based in Pensacola, Fla., the Hy-Lite operations were untouched by the recent storms. "We feel so fortunate that our operations were not affected by Hurricane Irma," says Murphy. "This allows us to keep our facility running and our employees working. Right now our focus is on getting the Storm-Lite windows into inventory so we have enough product available as the rebuilding efforts begin across the country."

Storm-Lite windows are part of Hy-Lite's Bath-Lite  Series. It’s an impact-resistant Storm-Lite silkscreened glass window.

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Housing starts slip in August

BY HBSDealer Staff

Housing starts creeped along in August, according to data released Tuesday morning by the Department of Commerce. The August seasonally adjusted annual rate of housing starts came in at 1.18 million. That's down 0.8% from an upwardly revised July, but up 1.4% from the same month a year ago. 

Single-family housing starts in August were at a rate of 851,000; That's up 1.6% from the revised July figure of 838,000. The August rate for units in buildings with five units or more was 323,000.

Of the four geographic areas, the most impressive numbers came from the Northeast, where single-family starts were up 26.9% compared to the same month a year ago. Year-over-year single-family starts also jupmed in the South — up 22.8%.

On an unadjusted basis, year-to-date total housing starts are ahead of last year's pace, but only by 2.7%. Single-family starts so far this year are running 8.9% ahead of a year ago.

Here's the link the Dept. of Commerce release.

Housing permits increased to a rate of 1.3 million — the second-highest rate since 2007. 

 

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HBSDealer Stock Watch: Winning Monday

BY HBSDealer Staff

On another record day for the broader market, industry stocks generally finished higher as well. BCC led the gainers with a 2.08% increase. For the losers, TSCO was down 2.87%.

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