Construction
Westlake, Cornerstone, CertainTeed, Tando, Associated Materials expand lines of composite, plank, PVC shake, insulated vinyl siding.
Even with the home construction market down, purchasing to prepare for the start of the season has led to a price increase for PVC while rising benzene hits other materials.
A Swiss company on an acquisition streak will expand its work in the North American roofing market with Michigan-based business.
The 2023 showcase of the National Association of Home Builders (NAHB) is enveloped with building products boosting thermal performance with foam, multi-layered insulation, polyethylene-coated paper and fiberglass.
In 2022, the total number of house starts declined by an estimated 2 percent compared with 2021. For 2023, Economics Editor Bill Wood's forecast calls for the annual total to drop another 10-15 percent.
Investments in infrastructure such as water pipes and increased electric vehicle production should help buffer slowdowns from construction for PVC, says Vinyl Institute CEO Ned Monroe.
Roofing and waterproofing manufacturer GAF, part of the Standard Industries group, will build a fifth polyisocyanurate insulation manufacturing plant, set for Peru, Ill.
Despite all of the turbulence reflected in some other sectors, total U.S. construction spending increased by a robust 12 percent in the first quarter when compared with the same period in 2021.
ADS will double number of production lines and create 25 jobs while using 14 acres of newly purchased land nearby for raw material storage and parking.
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