Beacon (the “Company”) announced the execution of a definitive agreement to sell its interior products business, consisting of 81 branch locations where it distributes construction products including wallboard, acoustical ceilings, steel framing and insulation to both residential and commercial contractors (“Interior Products” or “Interiors”), to affiliates of American Securities LLC, a leading U.S. private equity firm.

Huntsman Building Solutions announced that Doug Kramer, the founder and architect of Icynene-Lapolla’s success in the spray foam polyurethane business, has stepped down from his current role as joint President to become a consultant to the Business, focusing on strategic growth initiatives. 

Simpson Strong-Tie announced the relocation of its warehouse and annex facilities into a larger facility in Jessup, Maryland. 

FMI Corporation, a provider of management consulting and investment banking services to engineering and construction

Thanks to the acceleration of ecommerce partnerships in 2018 with their dealers, Hy-Lite, a U.S. Block Windows Company, has experienced significant growth during the past year.

Milwaukee Tool will begin construction on another major expansion of its Global Headquarters Campus in Brookfield, Wisconsin.

With a planned total investment of $32 million, Milwaukee Tool is proposing another major expansion at their global new product development center in Brookfield, Wis.

Economic conditions, record-breaking construction spending and a business-friendly regulatory environment are likely to make 2018 a boom year for the industry.

The growth capital investment will support local and regional expansion. 

This week’s economic releases will reveal whether growth accelerated in the second quarter after a sluggish start to the year. A busy week also features a Federal Reserve meeting that’s not expected to include an interest rate hike and the latest reports on home sales and business investment.