Building Products distributor Cameron Ashley has added 28 greenfield locations and five acquisitions in the past 5 years.
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SBD's Tools & Outdoor segment drove the overall margin improvement, as Industrial dipped slightly.
The value of 2023 total construction was up 7.0% from 2022.
Fourth quarter sales, profits and margins all edged up from a year earlier, and December daily sales topped November's. Get our in-depth breakdown here.
November spending was 0.4% above October's figure, which was revised considerably higher.
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The construction industry data firm’s data showed that nonresidential starts led the decline, sinking 29% from October.
A jump in single-family homebuilding comes as 30-year mortage rates have fallen to their lowest mark since late October.
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3Q23's uneven growth continued in October, and USCTI's President expects that narrative to continue through 2024's first half.
Peak is a fellow manufacturer and servicer of diamond and carbide precision cutting tools in Northern Illinois.
It followed a much bigger 1.2% decrease in October.
Year-over-year daily sales growth doubled that of October, but the company's November-December sales figures are known to be volatile.
It adds branches in Dallas and Houston to NEFCO’s 37 locations nationwide.
Spending was up 10.7% year-over-year, with nonresidential constuction up 20% from a year earlier.
Andrew Hartman leads the association’s 2023-2024 officers as STAFDA’s new president.
Backlog decreased on a monthly basis for all categories of company size except for those with more than $100M in annual revenue.
The program caters to professionals in the construction and industrial space and will take place March 12-14, 2024.
Major organic sales decline and deflation continued to slam the building products distribution giant in 2Q.
Year-to-date construction spending through the first half of the year was up 3.0% vs. 2022.
