The Commerce Department reported in late January that sales of new homes rose 2.9 percent in December. For the year, the department said a record 1.282 million new homes were sold, up 6.6 percent from 2004, capping a five-year rally.
USG Corp. announced that it has reached an agreement to resolve all present and future asbestos-related personal injury claims, enabling the company and its subsidiaries to take a significant step toward emerging from bankruptcy.
Announced at this year's International Home Builders' Show, Hilti has launched its Lifetime Service Program. This program offers service, benefits and access to the latest technological advancements throughout a tool's lifetime.
ICF Solutions Inc. announced it has completed the acquisition of Colorado-based Greenblock Worldwide Corp., a privately held insulated form manufacturing, sales and marketing company.
Degussa Wall Systems announced that it plans to significantly expand operations at its Lancaster, Texas, manufacturing site. The expansion will include the addition of a new, fully equipped, 65,000 square foot state-of-the-art manufacturing facility, bringing the total manufacturing area at the site to 100,000 square feet.
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