LUMBERYARDS

Twister damages sign at 84 Lumber headquarters

BY Brae Canlen

Two tornadoes touched down in the Pittsburgh area Sept. 17, one of them sweeping away the giant 84 Lumber sign on Route 519, according to an article in the Pittsburgh Post-Gazette.  

The National Weather Service determined that a tornado with 80 to 85 mph winds traveled through Eighty Four, Pa., the headquarters of pro dealer 84 Lumber, between 3:57 and 4 p.m. Trees were uprooted, a car was overturned, and several small businesses were damaged. No one was injured.

The 84 Lumber sign was knocked down, but none of the damage blocked the roadway, according to authorities.

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Allied Building Stores names new president

BY Ken Clark

Monroe, La.-based LBM buying group Allied Building Stores appointed Dale E. Mercer, 50, as president, effective Jan. 1, 2013.

Mercer will succeed David Stiles, a 16-year veteran of Allied, who will continue to serve as president until the end of the year. Mercer joined ABS, a dealer-owned building materials buying group in October 2008, and most recently has served as its chief operating officer. Prior to joining ABS, Mercer was VP manufacturing for Bancroft Bag at its facility in West Monroe.

“We are pleased to announce the timing of our transition from David to Dale, which has been planned for some time now,” said Bob Barnes, chairman of the board. “We appreciate David’s loyal service to the organization and look forward to Dale’s contributions in strengthening our market positions with our dealer-owners and vendors as we work to meet new challenges.” 

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Residential construction spending stalls

BY Brae Canlen

Construction spending during August 2012 fell slightly compared with July, according to the Department of Commerce, which estimated a 0.6% dip in a seasonally adjusted annual rate. The August figure is 6.5% above the August 2011 estimate.

During the first eight months of this year, construction spending rose 9.0% higher than the same period in 2011.

Private residential construction increased 0.9% between July 2012 and the previous month. Single new-family construction rose 2.8%; spending on multi-family projects grew by 3.7%.

In year-over-year figures, residential construction spending rose 17.8% between August 2012 and August 2011. Single-family housing increased by 20.8%. Multi-family housing construction leaped 44.8%, as measured by spending.

Some sectors of non-residential public construction took a hit, however. Commercial construction spending dropped 20.5% on a seasonally adjusted basis between August 2012 and August 2011. Office construction decreased 12.2%, as did water supply infrastructure.

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