North American Specialty Laminations (NASL) announced last week the acquisition of Diversified Manufacturing of California (DMOC), a West Coast-based profile lamination specialist. Backed by the private equity firm Building Industry Partners (BIP), NASL is a building products, laminate wrapping, finishing and specialty manufacturing company, serving the door and window industry. The acquisition of DMOC (dba […]

The New York Building Congress and New York Building Foundation have issued their joint, annual publication, the New York City Construction Outlook, for 2022-2024. Spending in the residential building sector in particular is forecast to increase nearly 70% in the next few years over the pre-pandemic period of 2017-2019. The Construction Outlook shows the Big […]

Home renovation activity and spending are at their highest levels since 2018, with more than half of homeowners indicating that they plan to renovate this year per a 2022 Houzz & Home Study on renovation trends in the United States. According to the Houzz survey of 67,554 users, including 33,711 renovating U.S. homeowners, renovation and […]

While the U.S. economy shrank by 3.5% in 2020, spending on home improvements and repairs grew more than 3%, to nearly $420 billion, as households modified living spaces in response to COVID-19. This is according to Improving America’s Housing 2021, a new report released last week by the Harvard Joint Center for Housing Studies. “From 2010 […]

Economists at the National Association of Home Builders (NAHB) covered all aspects of forecasting last week, during IBSx seminars, from residential to multi-family to remodeling. The news is good on all fronts, experts say, but not without challenges. Remodeling Residential remodeling recovered fully from the beginning of COVID-19, and spending on residential improvements will continue […]