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Table of Contents 2009

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  • NAHB Forecasts 754K Housing Starts by 4Q10, 1.22M by 4Q11

    Economist expects speedup in activity this spring, slowdown mid-year, and re-acceleration into 2011

     
  • Groups Decry Senate Health Bill Forcing Coverage at Small Firms

    Exemption for 50-employee companies reduced to 5 workers for construction industry employers.

     
  • CPSC Report: Chinese Drywall Caused Homes' Woes

    With "strong association" made, government now will try to determine extent of problem and find possible remedies.

     
  • ProBuild CEO: Our Sales Will Fall to $3B This Year

    Hylbert's forecast suggests America's No. 1 LBM dealer has shrunk by nearly one-third in a year.

     
  • Speedup in Demand for Countertops Forecast

    Freedonia Group predicts growth rate for 2008-2013 will hit 2.4% per year.

     
  • Start-Up Plans To Build 25 Eco-LBM Stores in California

    New Home Inc. stores will carry more than 200,000 eco-friendly products from more than 500 manufacturers.

     
  • Stock Building Supply Emerges From Chapter 11

    America's No. 2 LBM dealer will focus on 19 markets.

     
  • BMHC Enters Chapter 11

    Dealer and construction services provider has received $80 million in debtor-in-possession financing from Wells Fargo and other lenders.

     
  • NAHB Cuts '09, '10 Starts Forecasts by 25%

    Economist David Crowe projects 490,000 starts this year and 649,000 starts in 2010.

     
  • Forecast: Lumber Demand Will Shrink 30% in '09

    Trade group's prediction assumes just 432,000 housing starts this year.

     
  • Lumber Dealer Association Continues Push for Eco-Label Grade Stamp

    NLBMDA says grading stamp would allow for easier identification of eco-friendly materials.

     
  • USGBC Says Expansion of Wood Standard Unlikely Before December

    Executive says group now hopes to resolve long-running battle by year-end.

     
  • Wolseley Seeks To Sell or Dump Stock Building Supply by Aug. 1

    No. 2 U.S. LBM operation is looking for a joint venture partner.

     
  • Analyst: Stock Probably Must Go for its Parent To Survive

    A Goldman Sachs report circulates as Wolseley weighs a $1.4 billion rights issue.

     
  • Stock's Part-Year Operating Loss Doubles

    Stock Building Supply posts a $110 million loss from September through December on a 23% fall in revenue.

     
  • Stock President Expects "Challenging" 6 Months, Remains Resolute

    Stock President Expects "Challenging" 6 Months, Remains Resolute

     
  • Dealer Determined to Thrive in Downturn

    ProBuild, the country’s largest lumber and building materials supply firm, has cut staff and facilities in past year, but plans to stick with long-term strategy of growing company and market share.

     
 

 
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