May 2024 News

U.S. New Home Sales Slide 4.7% in April
Average selling price is $505,700.

HBS Systems Earns Elite Status Kubota DMS Certification
HBS Systems provides dealership management solutions for agricultural and heavy equipment dealerships.

Streamlight Appoints New RSM
Joshua Jeter is named regional sales manager for Industrial/Fire division.

White Cap Buys South Carolina Distributor
WWJ Rebar, a provider of customized reinforcing steel solutions is based in Aiken, South Carolina.

Red Sky Lighting's Modular Max Series Wins Prestigious Red Dot Award
The Red Dot Award is renowned worldwide for its rigorous evaluation process and high standards. 

Engine Technology Forum Calls on the EPA to Revise its Renewable Fuel Standards
More low-carbon fuels are critical to reducing greenhouse gas emissions.

ORBIS Partners with Blessings in a Backpack to Combat Childhood Hunger
Partnership unites community members and resources to provide supplementary weekend food to students.

New Residential Construction Starts Advance 5.7% in April
Privately-owned housing starts advance 5.7% in April; completions rise 8.6%.

Blackline Safety Expands in Utility Sector with New $1.5 Million Deal
Southern California channel partner purchases 1,000 G7c wearable devices to protect utility provider’s lone workers.

New FleetWatcher Live Order Tracking Helps Grow Material Sales for Aggregate and Asphalt Plants
New feature allows FleetWatcher customers to track deliveries online in real time.

Hy-Brid Lifts Announces Director of Sales for South-Central United States
Gary Coke brings 19 years of industry experience to Hy-Brid Lifts and recently worked with SkyJack.

Equip Exposition Debuts Certification Center to Help Landscapers Score Money-making Credentials
Turf trainings offered in both English and Spanish, valuable CEU credits available.

Hypertherm Associates Extends Application Deadline for Spark Something Great Grant Program
Tenth year of program now donates to 12 North American schools. 

ARA Issue US and Canada Q2 Economic Forecast 
Forecast predicts 9.7% increase in 2024, totaling $79.2 billion in construction and general tool rental revenue.

First Supply Partners with Exotec to Boost Operational Capabilities and Support Business Growth
New DC will serve all of the company's branch locations in the Upper Midwest as well as direct-to-customer deliveries.

Cobra Anchors Expands Reach in Michigan, Ohio and Kentucky with Strategic Partnership
Dexter & Associates will provide local representation, product knowledge and special order assistance.

AD E-commerce Solutions Program Launches New Digital Initiative: AccelDX
AccelDX is an accessible opportunity to enter the digital landscape, accelerate business, and offer an online digital experience for customers.

Malco Tools Named Medium Manufacturer of the Year by Minneapolis/St. Paul Business Journal
Company wins recognition for second time since 2018.

New Report: Construction Work Kills Your Feet
Construction workers suffer the second highest incidents of foot injuries of all occupations. 

The Home Depot Announces Q1 Results
Sales drop 2.3% from Q1 of 2023.

ABC: Led by Energy, Construction Materials Prices Surge in April
Prices increase 0.5% for month. 

Castle Supports the Blind Woodcrafters Wood Shop
Washington State School for the Blind resumes student shop program.

Slag Cement Association Welcomes Texas Lehigh Cement Company
Texas Lehigh will be starting production at a new slag cement facility in Houston, Texas this summer.

Strong Man Safety Products is Acquired by PearlWeave Netting Corp. 
Strong Man will continue to operate independently with management, personnel, and distribution centers remaining intact.

2024 IAPMO Codes Now Available
New codes cover solar, hydronics and geothermal; swimming pools, spas and hot tubs.

ABC: Nonresidential Construction Employment Strength Persists, Jobs Up 7,800 in April
Overall, the construction industry added 9,000 net jobs for the month. 

AD Reports Record Sales in the First Three Months of 2024 
Sales hit a record $19.5 billion. 

Metal Roofing Alliance Dispells Myths about Metal Roof Performance in Severe Weather
Metal roofs do not attract lightning and resist hail better than asphalt shingles.

PaintLine Now Available Through Wurth Baer Supply Company and Wurth Louis and Company
Woodworking industry’s leading distributors offer a broad array of PaintLine products. 

NAVAC Launches Comprehensive Training Program for HVAC Technicians 
My NAVAC University is designed to educate and empower next generation of industry technicians.

Cydney L’Hoste is Named Regional Director of Business Development, Atlantic Sales Territory for Elevate Structures
Elevate Structures is a national leader in the self-storage industry. 

2024 APA Structural Panel & Engineered Wood Yearbook Now Available
Increases in housing starts should boost engineered wood demand, analysis says.

Faith Technologies Incorporated Observes National Safety Week
National contractor is recognized by leading national organizations. 

Festool Limited Editions Take Portability and Precision to the Next Level
New cordless combo kits and router set will enhance professional workflows with superior power, precision and portability.

Tsurumi Meets Stricter Wastewater Regulations with Pumps for Rigorous Applications
Stainless steel and titanium in pump designs enhance durability and corrosion resistance, addressing the evolving wastewater needs of diverse industries worldwide.

Festool’s Spring Build-Off Set for North American HQ in Lebanon, Indiana
Two teams of woodworkers will bulid unique furniture pieces to auction off for local charity.