October 2020 News

U.S. new home sales dip 3.5 percent for month in September
Average sales price is $405,400.

ASV signs dealers in Alaska and Texas, adds dealer locations in Q3
New dealers and dealer locations expand ASV's national footprint.

Royal Building Products launches Celect Canvas beach home makeover sweepstakes
Winner of $40,000 beach home makeover can choose thousands of Sherwin-Williams pastel paint shades to customize their siding.

Adhesives Technology Corporation announces 250 DOT approvals nationwide
Alabama DOT approval for UltraBond adhesives is latest aprroval for ATC.

NetPlus Alliance releases Q3 Outlook Report
Dan Judge examines the year so far and the opportunities ahead.

Vortex Companies acquires Parson Environmental
Parson is a national provider of sewer rehab products and construction materials.

Detectable Warning Systems expands into Canada
Mar-Bal, Inc. signs on Toronto-based Cityscape Supply Group as first Canadian distributor.

Hitachi Industrial Equipment taps Syncron for service parts inventory management
Hitachi Industrial Equipment selects the Syncron Service Cloud, further expanding the partnership between Syncron and Hitachi.

Builder confidence continues record climb
Latest Wells Fargo/NAHB Housing Market Index hits an all-time high in October.

Case Studies: KH Industries assists in COVID efforts
KH provides portable power pendant outlet boxes for temporary hospitals.  

Exclusive: Job site fuels and indoor air quality
Support healthy indoor air quality with propane light construction equipment.

Exclusive: EPA, other agencies scrutinizing potentially misleading COVID-19 marketing and product claims
Government agencies are tightening up regulatory oversight for products that claim to kill coronavirus.

NCCER announces Find a Center search feature
New tool helps users search over 3,300 training locations open to the public.

Yanmar launches global customer service hub
New Yanmar Synergy Square facility will contain offices, support centers, service exhibits and a learning center.

Wildeck welcomes Steve Holland as new Vice President of Operations
Holland brings Wildeck more than 20 years of experience and is a Lean Six Sigma Black Belt.

U.S. housing sizzles in September
Single-family starts rise 8.5 for month; permits climb 7.8 percent and privately-owned completions rocket 15.3 percent month-over-month.  

Champion Cutting Tool Corp acquires Mercer Industries
Complementary product lines will expand both brands' offerings. 

Simpson Strong-Tie launches builder webinar series on boosting efficiency and reducing costs with dynamic estimating
Pipeline Builder Webinar Series helps bring new homes to market faster by improving processes for managing estimating, options, and building material takeoffs.

Retail sales up in September with impressive year-over-year gains
Retail spending continued to grow in September led by a strong rebound in apparel.

ABC: Nonresidential construction employment expands in September
However, economic and political uncertainties are dragging thge outlook in the absence of any new stimulus.

Entegra Attachments acquires Bloom Manufacturing
Bloom manufactures hydraulic winches, speed reducers, parts and accessories.

Dodge: Despite pandemic, civil contractors remain optimistic
The Civil Quarterly’s recent findings show impacts are manageable, explores emerging strategies to cope.

Henry Company to acquire National Coatings Corporation
High-performance waterproofing systems fulfill growing need for durable, energy-efficient and environmentally friendly weatherproofing for commercial and industrial roofs and walls.

Exclusive: Trends disrupting the cutting tools Industry
Lasers, waterjets, robotics and other new technologies are increasing productivity.

Stahlin Enclosures signs on new rep agency
Integrated Component Sales, Inc. (ICS) will now rep Stahlin products in Alabama, Georgia and Florida.

MAX USA Corp. launches Fall SuperFinisher promotion 
MAX responds to increase of home remodeling projects with new promotion on its popular SuperFinisher pneumatic tools.

New guide addresses stagnant water in low-occupancy buildings
Produced by AWWA and IAPMO, guide helps building managers address water system stagnation.

IRCG Weekly Pandemic Revenue Index shows 4.8 percent increase
Survey participants continue to show strong swings in revenues.

ITR Webinar: Changes in Supply, Sourcing and Perceptions for 2021-2022
Event with STAFDA Economic Consultants Brian and Alan Beaulieu is set for  October 21, 2020 at 3:00 p.m. ET.

NetPlus Alliance announces strategic reorganization for 2021
Promotions and new assignments expand member support functions.

Dodge Momentum Index increases in September
Commercial rose 3.9 percent and Institutional advanced 3.2 percent. 

Report: 2020 Economic Outlook forecasts equipment and software investment growth in Q4
Overall GDP growth less certain as recovery loses steam.

Sonnhalter offers COVID-19 resource
Agency examines COVID-19 effects on professional tradesmen, manufacturers, trade media and influencers.

Federal Process Corporation is now FPC International, Inc.
New name reflects chemical company’s growing global presence and expanding portfolio.

STABILA opens new production plant
Company adds 15,000 square feet of production capacity in Annweiler, Germany.

IRCG Weekly Pandemic Revenue Index drops 0.7 percent 
Decline marks first drop since the beginning of August. 

IBS 2021 extends registration deals to October 31
Early bird deals include free expo passes for NAHB members, registration savings for nonmembers and educational discounts. 

Construction proposals stage rebound in July and hold steady in August
PSMJ Resources’ Quarterly Market Forecast (QMF) rebounds to  plus 2% in July and holds at plus 1% in August.

The Home Depot names Edward Decker president and CEO
Ann-Marie Campbell, Jeff Kinnaird, Michael Rowe and Richard McPhail also take on new leadership positions. 

U.S. construction spending through August outpaces 2019 by 4.2 percent
Residential spending increases 3.7 month over month; highway spend grows 4.6 percent. 

Registration opens for STAFDA’s Virtual Anaheim Convention & Trade Show
Virtual convention is set for November 9-10.