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Industry News

Owens Corning Price Increase Notification
Price Increase notice Owens Corning.

ROXUL Inc., part of the ROCKWOOL Group, to build multimillion-dollar manufacturing facility in West Virginia, USA
ROXUL Inc., part of the ROCKWOOL Group, to build multimillion-dollar manufacturing facility in West Virginia, USA. Latest addition to global manufacturing set-up will create approx. 150 new jobs in Jefferson County, West Virginia

GMS reports 613% increase in EBITDA in latest quarter

New Home Sales Rise 2.9% in May

U.S. New Home Sales Up 5.8% in March
Sales rise sharply for the third consecutive month, an indication that demand is picking up

New Home Sales Rise 6.1% in February

February Consumer Sentiment Drops 2.8% from January High

Wallboard Dealer Foundation Building Materials Goes Public
Foundation Building Materials (FBM), which describes itself as the nation's No. 2 dealer in wallboard and suspended ceilings--began public trading of its shares today. The move shines a on a private firm that has seen its revenues rise 10-fold in less than four years to reach $1.4 billion in sales and 210 branches in the U.S. and Canada. That's easily enough to make it likely FBM will join this year's ProSales 100 as a top 10 firm.

Architecture Billings Index ends year on positive note
Architecture firms close 2016 with the strongest performance of the year For immediate release: Washington, D.C. – January 18, 2017 –The Architecture Billings Index (ABI) concluded the year in positive terrain, with the December reading capping off three straight months of growth in design billings. As a leading economic indicator of construction activity, the ABI reflects the approximate nine to twelve month lead time between architecture billings and construction spending. The American Institute of Architects (AIA) reported the December ABI score was 55.9, up sharply from 50.6 in the previous month. This score reflects the largest increase in design services in 2016 (any score above 50 indicates an increase in billings). The new projects inquiry index was 57.2, down from a reading of 59.5 the previous month.

Gypsum Association Revises Five Technical Documents
Late in 2016, the Gypsum Association (GA) released five revised technical documents. GA-220-2016 Gypsum Board Winter Related Installation Recommendations; GA-223-2016 Gypsum Panel Products, Types, Uses, and Standards; GA-226-2016 Application of Gypsum Board to Form Curved Surface; GA-234-2016 Control Joints for Fire Resistance Rated Systems, and GA-338-2016 Guidelines for Prevention of Mold Growth on Gypsum Board have been updated to reflect current best practices. As a service to the design and construction community, these documents, and more than thirty additional technical documents, are available for free download through the GA Bookstore.