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New Construction Stars in December Recede 2 Percent

The value of new construction starts slipped 2 percent in December to a seasonally adjusted annual rate of $575.2 billion, reports McGraw-Hill Construction, a division of The McGraw-Hill Companies. Both nonresidential building and housing settled...

Home Builders Express Solid Outlooks for Housing Markey

Home builders continue to sound an overall positive note regarding the ongoing strength of the market for newly built single-family homes in February, according to the National Association of Home Builders/Wells Fargo Housing Market Index,...

People & Companies in the News

Jerry Heid, AHC/CSI, has been named vice president of sales for Zero International, Bronx, N.Y. Also, N.J. Stevens Company, Inc. of Lacona, N.Y. is the company’s new sales represesntative for upstate New York. ...

It’s Feb. 1: Post Your Injury/Illness Summaries

Beginning Feb. 1, employers must post a summary of the total number of job-related injuries and illnesses that occurred last year, announced the Occupational Safety and Health Administration. Employers are only required to post the...

USG Partners with Gypsum Recycling International

USG Corporation, Chicago, announces a multiyear contract with Gypsum Recycling International, a Scandinavian wallboard recycling company, to purchase reprocessed gypsum for production of new wallboard. Under terms of the agreement, Gypsum Recycling International will...

NAHB Introduces New Guidelines for Green Building

The National Association of Home Builders has unveiled new voluntary guidelines to help mainstream home builders to incorporate environmental practices into every phase of the home building process while putting a priority on housing affordability....

Study Dispels Myths About Retainage

A study published by the Foundation of the American Subcontractors Association concludes that the practice of retainage, widespread in the construction industry, “reduces competition and increases the cost of a project,” inducing general contractors to...

Habitat & Lowe’s to Aid Tsunami Victims

Habitat for Humanity International announces its largest operation to date: an approximate $25-million drive to provide approximately 25,000 transitional houses over the next two years for thousands of families left homeless by the devastating Indian...