News
Spring Meeting Hotel Reservations & Exhibit Space Available
Hotel reservations are now being accepted for CPA’s 2022 Spring Meeting, May 1-3 (departure on the 4th), at the Laguna Cliffs Marriott in Dana Point, CA. The meeting begins on Sunday with the annual golf tournament at 8am followed by the Welcome Reception at 6pm. The meeting concludes Tuesday evening with the Chairman’s Dinner following a full
MJB Wood Group Promotes Finnell to VP of Cabinets
MJB Wood Group, Irving, TX, promoted Butch Finnell from Director to the new position of Vice President of Cabinets. Finnell has been with MJB since 2010 and will lead strategic planning and new business development. See MJB Wood Group
U.S. Construction Spending Slightly Up in December 2021
U.S. construction spending in December 2021 was estimated at a seasonally adjusted annual rate of $1.64 trillion, up 0.2% from November and a 9% increase over the year prior. Private construction spending rose 0.7% from November to a seasonally adjusted annual rate of $1.29 trillion. Residential totals for December increased 1.1% from the previous month
November Furniture Orders Remain Steady
U.S. residential furniture factory orders in November 2021 were virtually unchanged from the comparable month in 2020 but were 17% higher than the same month in 2019. Year-to-date orders increased 16% over the first eleven months of 2020 and grew 14% from the same period in 2019. Furniture shipments rose 3% over November 2020 and
December U.S. Architectural Billings Increase
The December 2021 Architecture Billings Index (ABI) increased one point from November to 52.0 according to The American Institute of Architects (AIA) Economics & Market Research Group. A score below 50 indicates a decline in billings. Design contracts stayed even with November at 55.8. December billings were in positive territory for only the South and
U.S. Interior Design Billings Rise in December
Interior design billings from the American Society of Interior Design (ASID) member-owned firms rose 0.3 points in December 2021, bringing the Interior Design Billings Index (IDBI) score to 52.8. Any score over 50 indicates growth. All geographic regions except for the West were above 50, with the South again leading the three-month average at 58.1.
Canadian Environmental Protection Act Amendments Introduced
On February 9, the Canadian government introduced bill S-5, Strengthening Environmental Protection for a Healthier Canada Act, which would modernize the 1999 Canadian Environmental Protection Act (CEPA). During the last session of Parliament, a bill to amend CEPA was introduced but it “dropped off” the agenda in August 2021, as is protocol when a federal
CalPlant Names Freeman CEO
CalPlant, Willows, CA, announced the promotion of Geri Freeman from Vice President of Sales, Marketing and Logistics to Chief Executive Officer. Freeman will assume the leadership responsibilities from Jeff Wagner who will remain as Executive Chairman. Freeman has been with CalPlant for three years and has held senior leadership roles with other prominent companies in
HDI Finalizes Acquisition of Mid-Am Building Products
Hardwoods Distribution Inc. (HDI), Langley B.C., announced the completion of the acquisition of Mid-Am Building Products. Mid-Am was founded in 1967 and is a wholesale distributor of building products, including doors and millwork, to the Midwest. Mid-Am will continue to operate under its current name. See HDI
Canadian Construction Investment Increases in December
Canadian building construction investment in December 2021 was up 1.9% from November to $18.4 billion (CAD). Residential construction spending grew 2.2% from November to $13.4 billion, and non-residential totals were up 1.1% in December to $4.9 billion. Single-family spending increased 3.5% from November to $7.4 billion and multi-unit levels rose 0.7% to $6.1 billion in
Spring Meeting Hotel Reservations & Exhibit Space Available
Hotel reservations are now being accepted for CPA’s 2022 Spring Meeting, May 1-3 (departure on the 4th), at the Laguna Cliffs Marriott in Dana Point, CA. The meeting begins on Sunday with the annual golf tournament at 8am followed by the Welcome Reception at 6pm. The meeting concludes Tuesday evening with the Chairman’s Dinner following a full
MJB Wood Group Promotes Finnell to VP of Cabinets
MJB Wood Group, Irving, TX, promoted Butch Finnell from Director to the new position of Vice President of Cabinets. Finnell has been with MJB since 2010 and will lead strategic planning and new business development. See MJB Wood Group