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<item rdf:about="http://www.buildingonline.com/news/viewnews.pl?id=7300&amp;subcategory=183">
 <title><![CDATA[Deck Builder Focus Group Conducted by Market Resource Associates Reveals Surprising Opinions About ''Green'']]></title>
 <link>http://www.buildingonline.com/news/viewnews.pl?id=7300&amp;subcategory=183</link>
 <description><![CDATA[<p />Nearly every manufacturer is trying to get on the green bandwagon these days, but a focus group of deck builders conducted this week by Minneapolis-based Market Resource Associates finds that both builders and their customers are unimpressed--and actually a little confused due to overuse of the term "green" in advertising.</p>

<p />Many of the session's questions and discussions zeroed in on the phenomenon of "green" products.  Yet surprisingly--with the exception of one contractor--no one uses the word "green" to promote their decks or their business.   One contractor declared: "my customers just want their deck built, they are not concerned with 'green'."</p>

<p />Another contractor felt the term "green" was overused and much confusion exists for both professionals and consumers in regard to what the term "green" really means.  "It holds no value for my promotions," said another participant.</p>

<p />Another contractor claimed because of this definition confusion, "green" was viewed by customers as a "slick word" used in sales--meaning nothing.  MRA experience with previous groups of consumers, builders, and remodeling contractors have said the same about the word "sustainability."  (National Public Radio, for example, even has a nightly report on the topic, originating from what it calls the "Sustainability Desk.")</p>

<p />When asked if certain deck top materials were more "green" than others, the group seemed conflicted.  Some indicated cellular PVC was more "green" than other materials, while some still felt the new treated wood available was more "green" than either cellular PVC or composites.</p>

<p />The focus group of professional deck builders was held on July 15, 2008 by Market Resource Associates.  The group consisted of deck builders who reported over 50% of the annual revenues were derived from building residential decks.  Among the group of 8 professional contractors, the range of prices for decks was from $5,000 to $50,000.  The smallest number of decks built in 2007 by participants in the group was 10 (but they were large in scope and size) and the largest number built was 150.</p>

<p /><B>For more information regarding the study, contact Market Resource Associates at 800-795-3056.  Ask for either John Cashmore (who moderated the group) or Matt Brown.  You can also contact them via email at <a href="mailto:john.cashmore@mraonline.com">john.cashmore@mraonline.com</a> or <a href="mailto:matt.brown@mraonline.com">matt.brown@mraonline.com</a></p>
</b>

<br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br />]]></description>
 <dc:date>Sat, 19 Jul 2008</dc:date>
</item>
<item rdf:about="http://www.buildingonline.com/news/viewnews.pl?id=7281&amp;subcategory=140">
 <title><![CDATA[Better Homes and Gardens to Re-Launch Real Estate Brand]]></title>
 <link>http://www.buildingonline.com/news/viewnews.pl?id=7281&amp;subcategory=140</link>
 <description><![CDATA[<p /><b>PARSIPPANY, N.J. -- </b>Better Homes and Gardens will formally reintroduce its  real estate brand next week, with a press conference and webcast on July 23, 2008. The brand was once widely seen on America's front lawns until it was purchased by GMAC and rebranded. (The webcast can be viewed <a href="http://tinyurl.com/65lo82">here</a> on July 23, 2008 at 8:30 a.m. PT / 11:30 a.m. ET.)  </p>

<p />Realogy Corporation, the parent company of Century 21 and Coldwell Banker and others, is licensing the name from Better Homes and Gardens publisher Meredith Corporation.</p>

<p />"This is a tremendous opportunity to capitalize on the power of America's leading consumer magazine brand on behalf of the world's most successful real estate franchise company," said Meredith President and Chief Executive Officer Stephen M. Lacy. </p>

<p />"We are very pleased to add Better Homes and Gardens Real Estate to our family of real estate companies, and we are equally proud to be entrusted by Meredith with the stewardship of this well-known and respected brand that is so deeply tied to the concept of owning and improving one's home," said Richard A. Smith, Realogy's vice chairman and president. "Looking more broadly, this agreement demonstrates our confidence in the long-term strength of the housing market, particularly in the U.S., and the favorable demographic factors that will continue to drive homeownership and household growth during the years and decades to come."</p>

<p />The licensing deal is for a 50 year term.</p>]]></description>
 <dc:date>Fri, 18 Jul 2008</dc:date>
</item>
<item rdf:about="http://www.buildingonline.com/news/viewnews.pl?id=7280&amp;subcategory=13">
 <title><![CDATA[Builder Confidence Declines Further In July]]></title>
 <link>http://www.buildingonline.com/news/viewnews.pl?id=7280&amp;subcategory=13</link>
 <description><![CDATA[<p />Builder confidence in the market for newly built single-family homes fell for a third consecutive month in July, according to the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), released this week. The HMI fell below its previous record low of 18 in June to a new record low of 16 in July, with each of its three component indexes also hitting record lows.</p>

<p />"The worsening housing slump and the near-meltdown in financial markets last week makes it even more urgent for Congress to complete action on the housing bill now,  a move that will help stabilize and restore confidence in housing and the U.S. economy," said NAHB President Sandy Dunn, a home builder from Point Pleasant, W.Va.</p>

<p />A housing stimulus bill now being considered in Congress would provide a temporary tax credit of up to $8,000 for first-time home buyers, helping to stimulate sales, reduce the inventory of unsold homes on the market, stabilize house prices and arrest the rapid deterioration of mortgage credit quality.</p>

<p />"Builders are reporting that traffic of prospective buyers has fallen off substantially in recent months," said NAHB Chief Economist David Seiders. "Given the systematic deterioration of job markets, rising energy costs and sinking home values aggravated by the rising tide of foreclosures, many prospective buyers have simply returned to the sidelines until conditions improve," he said. "An $8,000 tax credit, made available for a limited time, could be just the incentive needed to draw them into the game, and a policy-induced pickup in home sales could gain momentum further down the line."</p>

<p />Derived from a monthly survey that NAHB has been conducting for more than 20 years, the NAHB/Wells Fargo HMI gauges builder perceptions of current single-family home sales and sales expectations for the next six months as "good," "fair" or "poor." The survey also asks builders to rate traffic of prospective buyers as "high to very high," "average" or "low to very low." Scores for each component are then used to calculate a seasonally adjusted index where any number over 50 indicates that more builders view sales conditions as good than poor.</p>

<p />Each of the HMI's component indexes fell to new record lows in July. The index gauging current sales conditions declined one point to 16, the index gauging sales expectations in the next months fell four points to 23, and the index gauging traffic of prospective buyers also receded four points, to 12.</p>

<p />All but one region showed declines in builder confidence in July. The Midwest declined six points to 10, its lowest HMI score since the regional detail was introduced in December of 2004, while the West matched a record low set in January 2008 with its three-point decline to 13. The South posted a one-point decline to 20. The Northeast was the only region to post a gain in July's HMI, rising two points to 14 from the previous month's record low of 12.</p>

]]></description>
 <dc:date>Fri, 18 Jul 2008</dc:date>
</item>
<item rdf:about="http://www.buildingonline.com/news/viewnews.pl?id=7282&amp;subcategory=7">
 <title><![CDATA[Housing Starts Rise 9.1 Percent in June]]></title>
 <link>http://www.buildingonline.com/news/viewnews.pl?id=7282&amp;subcategory=7</link>
 <description><![CDATA[<p />The U.S. Census Bureau and the Department of Housing and Urban Development said today that overall privately-owned housing starts in June were at a seasonally adjusted annual rate of 1,066,000, a 9.1 percent increase above the revised May estimate of 977,000. The performance is 26.9 percent below this period last year. Single family housing starts showed a 5.3 percent decline, falling to a rate of 647,000.</p>

<p /><b>BUILDING PERMITS</b><br />
Privately-owned housing units authorized by building permits in June were at a seasonally adjusted annual rate of 1,091,000, 11.6 percent above the revised May rate of 978,000. Single-family authorizations in June were at a rate of 613,000, a 3.5 percent decrease.</p>

<p /><b>HOUSING COMPLETIONS</b><br />
Privately-owned housing completions in June were at a seasonally adjusted annual rate of 1,167,000, 1.2 percent above the revised May estimate of 1,153,000. Single-family housing completions in June were at a rate of 859,000, 2.9 percent below the May figure of 885,000.</p>

]]></description>
 <dc:date>Fri, 18 Jul 2008</dc:date>
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<item rdf:about="http://www.buildingonline.com/news/viewnews.pl?id=7287&amp;subcategory=171">
 <title><![CDATA[MONEY Magazine Announces ''America's Best Places to Live'' 2008]]></title>
 <link>http://www.buildingonline.com/news/viewnews.pl?id=7287&amp;subcategory=171</link>
 <description><![CDATA[<p /><b>NEW YORK -- </b>MONEY magazine announced that Plymouth, Minnesota, wins the No. 1 spot on this year's list of America's Best Places to Live, its annual ranking of America's most livable towns. Plymouth was followed by (2) Fort Collins, CO, (3) Naperville, IL, (4) Irvine, CA, (5) Franklin Township, NJ, (6) Norman, OK, (7) Round Rock, TX, (8) Columbia/Ellicott City, MD, (9) Overland Park, KS, and (10) Fishers, IN.</p>

<p />"This year MONEY's number one Best Place to Live reflects robust Midwestern values in a small city that is 30 minutes from a vibrant metropolis, with a low cost of living, rising incomes, and job growth," said MONEY managing editor, Eric Schurenberg. "It's simply a great place to raise a family, join a community, and build a rich life."</p>

<p />Profiles of the top 10 and a full list of the top 100 are available online <a href="http://money.cnn.com/magazines/moneymag/bplive/2008/">   here</a></p>



]]></description>
 <dc:date>Fri, 18 Jul 2008</dc:date>
</item>
<item rdf:about="http://www.buildingonline.com/news/viewnews.pl?id=7291&amp;subcategory=8">
 <title><![CDATA[Best Buy Plans To Double Sales, May Expand Pacific Sales Appliance Business]]></title>
 <link>http://www.buildingonline.com/news/viewnews.pl?id=7291&amp;subcategory=8</link>
 <description><![CDATA[<p />Electronics retailer Best Buy unveiled ambitious growth plans last week, announcing that intends to double its annual sales over the next several years.  Best Buy executives say it may expand its Pacific Sales appliance store concept nationwide as part of the plan.</p>

Read more at <a href="http://www.tmcnet.com/ce/articles/33651-best-buy-seeks-drive-growth-expanding-beyond-consumer.htm">TMCnet.com</a>.</p>]]></description>
 <dc:date>Thu, 17 Jul 2008</dc:date>
</item>
<item rdf:about="http://www.buildingonline.com/news/viewnews.pl?id=7289&amp;subcategory=13">
 <title><![CDATA[Builders Protection Group Introduces Distressed Property Program]]></title>
 <link>http://www.buildingonline.com/news/viewnews.pl?id=7289&amp;subcategory=13</link>
 <description><![CDATA[<p /><b>EL SEGUNDO, CA -- </b>Builders Protection Group, LLC (BPG) announces the launch of a new package of services aimed at addressing the growing market for distressed residential multifamily or tract developments. Builders Protection Group, LLC's distressed property offering is designed to help the various participants in property turnaround situations to manage the resolution of the projects, and hopefully even unlock some of the potential value in these deals.</p>

<p />As the current building downturn continues, many projects that are either complete or under construction are changing ownership due to financial difficulties. Whether these projects are being assumed by banks or sold to private investors, the liabilities that are inherent in residential real estate development, primarily from homeowners and construction defect claims, continue. In many cases, these liabilities are being amplified as the changes in ownership may cause insurance policies that were in place to be invalidated. Combined with the possible lack of continuity in construction management and customer service the new owners of projects face substantial exposure.</p>

<p />Aimed primarily at financial institutions, receivers and private investors, BPG's distressed property offering is designed to help manage these risks. This offering is customized to the needs of each particular project based on the stage of the project, status of insurance coverage and goals of the project's current owners. BPG can help financial institutions understand the status of a project and then develop a program to manage those risks or implement a program that will make the marketing of the project easier by alleviating some of the risks faced by potential buyers. For potential acquirers, the distressed property program can help them understand the status and risks of a project and then develop a program to manage those risks.</p>

<p />BPG can assess the current status of the project through inspections, construction and due diligence assessments. BPG can then implement a homeowner care program that includes homeowner turnovers, punch list management, limited warranty and manuals and post-sale customer service. For projects that are still under construction, BPG can work with insurance carriers and brokers to administrate a new OCIP wrap program.</p>

<p />Visit them online at: <a href="http://www.buildersprotect.com/">www.buildersprotect.com/</a></p>]]></description>
 <dc:date>Thu, 17 Jul 2008</dc:date>
</item>
<item rdf:about="http://www.buildingonline.com/news/viewnews.pl?id=7293&amp;subcategory=18">
 <title><![CDATA[Building Industry Show (BIS) 2008 November 13-14 in Long Beach, CA]]></title>
 <link>http://www.buildingonline.com/news/viewnews.pl?id=7293&amp;subcategory=18</link>
 <description><![CDATA[<p />BIS, the official tradeshow of the Building Industry of Southern California, is pleased to announce its 20th anniversary show this year, taking place November 13-14, 2008 at the Long Beach Convention Center.</p>

<p />The show's longevity is due to great exhibitors, demonstrable results, and serious buyers who attend the show.  This year's show promises to be the best-ever, with a special emphasis on cost-saving products and services from over 400 vendors. In addition, the well-regarded "BIS University" will have an informative lineup of eductional opportunities.  </p>

<p />Of course, there are many other fun networking events on tap too, so take a look online to start planning your trip. 

Learn all about this year's show at: <a href="http://www.buildingindustryshow.com">http://www.buildingindustryshow.com</a></p>

 ]]></description>
 <dc:date>Thu, 17 Jul 2008</dc:date>
</item>
<item rdf:about="http://www.buildingonline.com/news/viewnews.pl?id=7299&amp;subcategory=112">
 <title><![CDATA[Enter to Win a New House Inspired by Disneyland's Innoventions Dream Home]]></title>
 <link>http://www.buildingonline.com/news/viewnews.pl?id=7299&amp;subcategory=112</link>
 <description><![CDATA[<p />One lucky grand prize winner this summer will be awarded a Taylor Morrison home inspired by the recently unveiled Innoventions Dream Home at the Disneyland&amp;reg; Resort in Anaheim, Calif. &amp;#8232;&amp;#8232;The award-winning home builder is giving one winner the opportunity to choose the Taylor Morrison home of their dreams, complete with a custom home technology package, home furnishings and a dream vacation for four to the Disneyland&amp;reg; Resort in California where they will be able to visit the newly opened Innoventions Dream Home attraction in Tomorrowland. </p>

<p />The online contest runs from June 20 until August 20, 2008. Entry can only be made online by visiting <a href="http://www.tmdreamhomegiveaway.com">www.tmdreamhomegiveaway.com</a></p>

<p />The winner will choose a Taylor Morrison home in one of the home builder's U.S. markets and will also play a part in its design, selecting current technology products to create a tailored technology experience for their family. </p>

<p />"Who wouldn't want their very own dream home, loaded with the latest high-tech hardware and software?" said Taylor Morrison President and CEO Sheryl Palmer. "Our contest gives one person a chance to take that experience home with them." </p>

<p />Participants can visit the entry Web site once each day to register for their chance to win. </p>

<p />Contest participants may also visit any Taylor Morrison community in Arizona, California, Colorado, Florida, Nevada or Texas and receive a special code that offers the maximum number of chances available to enter the contest. </p>

<p />The Innoventions Dream Home at Disneyland debuted in late June. The new attraction features a "high-tech, high-touch" experience within a 5,000-square-foot home and brings together the creative forces of Disney, Microsoft, HP, Life-ware and Taylor Morrison who collaborated with Disneyland designers to create the home's facade, backyard and patio areas. </p>

<p />Central to the Innoventions Dream Home is the inclusion of technology that integrates seamlessly into the traditional home environment, allowing its occupants to stay connected not only with each other, but also with their network of friends and the world outside their door. </p>

<p />The home also showcases the latest in mobile devices, PCs, digital music, entertainment and gaming technology in a connected environment that adjusts to the preferences of its occupants. As technologies evolve, the home will be updated to provide the latest, state-of-the-art experience. </p>

]]></description>
 <dc:date>Thu, 17 Jul 2008</dc:date>
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<item rdf:about="http://www.buildingonline.com/news/viewnews.pl?id=7297&amp;subcategory=39">
 <title><![CDATA[Goldblatt and CertainTeed Gypsum Debut New Drywall Cutting Tool in North America]]></title>
 <link>http://www.buildingonline.com/news/viewnews.pl?id=7297&amp;subcategory=39</link>
 <description><![CDATA[<p />Goldblatt Tool Company, LLC, introduces BladeRunner, a unique, patented innovation that revolutionizes the way drywall is cut.  BladeRunner is an easy-to-use handheld tool that cuts both sides of drywall simultaneously, with no exposed blades.  The BladeRunner design was created by Saint-Gobain, the world's largest building materials company and producer of gypsum wallboard, which markets its gypsum and finishing products in North America under the well-known CertainTeed brand name. </p>

<p />Distributed exclusively by the Goldblatt Tool Company, this unique new tool will help the drywall professional cut curves, shapes, corners, and straight cuts in less than half the time of traditional methods. To see BladeRunner in action, go to <a href="http://www.GoldblattBladeRunner.com">www.GoldblattBladeRunner.com</a></p>

<p />"CertainTeed Gypsum has brought this innovation to the North American market after extensive international research related to drywall cutting and safety" says Jerry Vuich, Director of Sales and Marketing Excellence for CertainTeed Gypsum. "This cooperative launch combines the innovation capabilities of the world's largest producer of gypsum wallboard with Goldblatt's comprehensive line of tools and effective distribution network." </p>

<p />The patented design of the BladeRunner tool is based on two independent cutting halves that separate onto both sides of the drywall.  As the top half moves, the bottom half follows in an exact pattern through high-strength magnetic technology providing a clean, concise cut every time.  BladeRunner is simple to use and helps save valuable time and money, while improving jobsite safety.  BladeRunner's easy to change blades last twice as long as traditional utility knife blades and are available in 6 and 12 packs. </p>

<p />Scott Murray, Owner of Goldblatt, said: "The drywall tool industry has been looking for true innovation for a long time and it has finally arrived with BladeRunner. With the increasing complexity of drywall finishing and the required curves, corners, and unique, non-straight-line cuts, BladeRunner will be a tool that every drywall professional will want to own."  </p>

<p />For further information visit <a href="http://www.GoldblattBladeRunner.com">www.GoldblattBladeRunner.com</a> or contact Goldblatt at 866-562-4229 or <a href="mailto:Sales@GoldblattTool.com">sales@GoldblattTool.com</a></p>
 

]]></description>
 <dc:date>Thu, 17 Jul 2008</dc:date>
</item>
<item rdf:about="http://www.buildingonline.com/news/viewnews.pl?id=7294&amp;subcategory=18">
 <title><![CDATA[HD Supply Plumbing/HVAC Endorses ISH North America, Expands the Trade Show's Attendee Reach]]></title>
 <link>http://www.buildingonline.com/news/viewnews.pl?id=7294&amp;subcategory=18</link>
 <description><![CDATA[<p />ISH North America (ISH NA) announced that industry-leading distributor HD Supply Plumbing/HVAC, will support its trade show and conference in Atlanta this fall. This support is an endorsement of ISH NA to the plumbing and HVAC distributor's extensive network, expanding the show's attendee reach and creating value for the company's customers.</p>

<p />"HD Supply Plumbing/HVAC is always looking for ways to create and provide value for our professional customers," said Frank Garcia, President of HD Supply Plumbing/HVAC. "ISH North America offers a unique opportunity for our customers and vendors to come together to network, learn and grow. We encourage others in the industry to join us at this important event."</p>

<p />As one of the largest wholesale distributors of plumbing, HVAC and kitchen and bath supplies, HD Supply Plumbing/HVAC operates branch locations in 17 states and kitchen and bath showrooms in 11 states serving residential, commercial, light industrial and government customers. HD Supply Plumbing/HVAC will encourage participation at ISH NA in its key markets.</p>

<p />ISH NA provides a unique experience for manufacturers, wholesalers and contractors through the show's variety and quality of exhibiting companies, their products, their industry partnerships and endorsers, as well as extensive educational opportunities and featured product showcases. Reflective of the trend towards cleaner building and environmentally conscious construction, the 2008 show will highlight renewable energies.</p>

<p />For further information, please visit <a href="http://www.ish-na.com">http://www.ish-na.com</a></p>

]]></description>
 <dc:date>Thu, 17 Jul 2008</dc:date>
</item>
<item rdf:about="http://www.buildingonline.com/news/viewnews.pl?id=7292&amp;subcategory=346">
 <title><![CDATA[House Beautiful Magazine Debuts Its ''Kitchen of the Year'' in Rockefeller Plaza]]></title>
 <link>http://www.buildingonline.com/news/viewnews.pl?id=7292&amp;subcategory=346</link>
 <description><![CDATA[<p />House Beautiful's new "Kitchen of the Year" is definitely ready for it closeup.  In fact, it made its debut on live national TV on the Today Show this week.</p>

<p />Now you can take a look yourself by viewing the video clip on the Today Show's website (you may even learn some cost-effective ways to improve your own kitchen):</p>

<p /><a href="http://today.msnbc.msn.com/id/21134540/vp/25688341#25703103">http://today.msnbc.msn.com/id/21134540/vp/25688341#25703103</a>]]></description>
 <dc:date>Thu, 17 Jul 2008</dc:date>
</item>
<item rdf:about="http://www.buildingonline.com/news/viewnews.pl?id=7284&amp;subcategory=19">
 <title><![CDATA[Louisiana-Pacific Reaches Settlements in OSB Litigation]]></title>
 <link>http://www.buildingonline.com/news/viewnews.pl?id=7284&amp;subcategory=19</link>
 <description><![CDATA[<p /><b>NASHVILLE, TN -- </b>Louisiana-Pacific Corporation announced that it has reached settlement agreements in the OSB antitrust litigation in order to limit the risks and costs associated with at least two lengthy jury trials. The company denies that it violated any U.S. antitrust law or any other law.</p>

<p />Under the terms of the settlement agreement with the certified class of direct purchasers of OSB, LP will pay $44.5 million into an escrow account for the benefit of the class. A first payment of $10 million is due within 10 business days of the execution date of the settlement and the remainder is due on October 1, 2008. The settlement agreement is subject to court approval.</p>

<p />LP has also reached an agreement to pay $2.3 million into an escrow account for the benefit of the certified classes of indirect purchasers of OSB. The final settlement agreement with the indirect purchasers will be subject to court approval.</p>

]]></description>
 <dc:date>Thu, 17 Jul 2008</dc:date>
</item>
<item rdf:about="http://www.buildingonline.com/news/viewnews.pl?id=7288&amp;subcategory=70">
 <title><![CDATA[Masco Announces Partnership with EnOcean Alliance for Self-Powered Wireless Control Systems]]></title>
 <link>http://www.buildingonline.com/news/viewnews.pl?id=7288&amp;subcategory=70</link>
 <description><![CDATA[<p /><b>WINSTON-SALEM, NC -- </b>Masco Corporation has partnered with the EnOcean Alliance, a consortium of innovative international corporations with a mission to standardize wireless control systems for sustainable buildings. The partnership aligns EnOcean's energy harvesting wireless control technology with patented technologies developed by Masco to support of green building and to deliver forward-looking products to customers.</p>

<p />Masco recently launched its first of these products under the Verve&amp;trade; Living Systems brand. Verve will initially include a new lighting control system that combines energy-harvesting and radio frequency technologies to offer wireless, battery-less lighting control that can offset builder costs and provide homeowners numerous lifestyle and energy savings benefits.</p>

<p />"EnOcean has developed a truly groundbreaking self-powered wireless technology that will change the face of residential, commercial and industrial building construction for years to come," said Dianne Pisarek, vice president responsible for Verve&amp;trade; Living Systems. "This has created a greater opportunity for companies worldwide by enabling a broad range of interoperable wireless monitoring and control products, and we're proud to be one of the founding promoters of the Alliance."</p>

<p />EnOcean's self-powered maintenance-free wireless control systems are powered through energy drawn from movement, light or changes in temperature rather than electricity or batteries. The new technology adds unmatched flexibility with lower investment and operational costs for sustainable buildings.</p>

<p />The Verve Living Systems inaugural offering of self-powered wireless solutions, provides homebuilders and homeowners with innovative and energy-saving lighting controls. From whole-house dimming and pathway lighting to creating lighted "scenes" throughout the house, Verve systems make it possible for homeowners to use their lighting to support and enhance their mood and lifestyle. The Verve wireless and battery-less switches are also completely movable; homeowners can easily change switch locations to accommodate changes in their lives and homes. The dimming functionality reduces energy consumption and extends bulb life.</p>

<p />The Verve Living Systems energy-harvesting, radio frequency technology is currently being used to develop additional applications in HVAC monitoring and control, whole-house environmental monitoring and home security.</p>

]]></description>
 <dc:date>Thu, 17 Jul 2008</dc:date>
</item>
<item rdf:about="http://www.buildingonline.com/news/viewnews.pl?id=7298&amp;subcategory=228">
 <title><![CDATA[New ''Concierge'' Software for Hi-Rise Residential Projects Debuts]]></title>
 <link>http://www.buildingonline.com/news/viewnews.pl?id=7298&amp;subcategory=228</link>
 <description><![CDATA[<p /><b>HOUSTON, TX -- </b>First Capital International, Inc., designer and manufacturer of the VIP Systems state-of-the-art video surveillance system, is launching its new "Concierge" Enterprise Automation and Notification software for hi-rise condominiums combining an unparalleled, user interface with a real-time, networked tenant services software package.</p>

<p />"This is new, state-of-the-art technology that appeals to both the new, upscale generation of urban dwellers and the hi-tech generation, as well," said Alex Genin -- CEO and President of the Company. Mr. Genin went on to further state: "With this new Concierge software for the enterprise, we are planning to expand our marketing efforts nationwide, as well as internationally."</p>

<p />The Company is planning to initially deploy their Concierge software in Houston, Texas. Further, they are also reporting that they have had numerous inquiries about their new Concierge technology from various U.S. Developers, as well as various European and Middle East clients.</p>

<p />This new Concierge application is designed to provide a full service menu for residents of the "Smart" condominium units allowing them -- with the click of a button using an 8" touch screen mobile controller -- to order various service items from gourmet foods, to having their car brought to the entrance, checking on current traffic conditions and even ordering various ancillary services like grooming for your pet.</p>

<p />The Company is planning to market their new Concierge software throughout the United States, as well as internationally later in the Fall of this year.</p>

<p />For more information, please visit <a href="http://www.VipSystems.us">www.VipSystems.us</a> </p>]]></description>
 <dc:date>Thu, 17 Jul 2008</dc:date>
</item>
<item rdf:about="http://www.buildingonline.com/news/viewnews.pl?id=7295&amp;subcategory=242">
 <title><![CDATA[New RapidShark Tool Features Utility Knife and Wire Stripper Together]]></title>
 <link>http://www.buildingonline.com/news/viewnews.pl?id=7295&amp;subcategory=242</link>
 <description><![CDATA[<p /><b>BURLINGTON, Ontario -- </b>The new multifunction RapidShark is two professional tools encased in one sleek, rugged hand tool. It is the only tool that combines a professional utility knife with a quality wire stripper, cutter and crimper, so the user gets twice as much done with one tool, for one low price. </p>

<p />The Shark's knife and wire stripper are combined in an ergonomic design that's about the size of a standard knife. The RapidShark is the winner of the prestigious Editor's Choice Award from Popular Mechanics, given at the May 2008 National Hardware Show (NHS). The RapidShark includes five Rapid Edge&amp;reg; patented, serrated blades. Its pliers-like grip for the wire stripper locks securely into the body of the knife when not in use. It's spring loaded for easy opening and comfortable cutting, with five precision-ground stripping holes for easily removing insulation.</p> 

<p />Learn more at: <a href="http://www.rapidtools.net/specs_sharkKnive.htm">http://www.rapidtools.net/specs_sharkKnive.htm</a><p />

]]></description>
 <dc:date>Thu, 17 Jul 2008</dc:date>
</item>
<item rdf:about="http://www.buildingonline.com/news/viewnews.pl?id=7296&amp;subcategory=230">
 <title><![CDATA[PremierGarage Debuts Innovative New Cabinetry Line with Sliding Doors]]></title>
 <link>http://www.buildingonline.com/news/viewnews.pl?id=7296&amp;subcategory=230</link>
 <description><![CDATA[<p /><b>PHOENIX, AZ </b> -- PremierGarage, the nation's largest garage enhancement franchisor, unveiled its new line of cabinetry recently at the PCBC show in San Francisco. Dubbed PremierAccess, the new cabinets feature an innovative by-pass sliding door system designed for maximum convenience. Ideal for smaller spaces that do not have adequate room for swinging doors, PremierAccess allows consumers to retrieve or store their belongings without having to move their vehicle.</p>

<p />"We are pleased to present PremierAccess to home builders and consumers alike," said Mark Loberg, founder and CEO of PremierGarage. "We're all familiar with going into the garage to retrieve something, only to find that we need to back out the car in order to open the cabinet that contains the item. Among the first of its kind in the industry, PremierAccess alleviates these inconveniences for the consumer and truly helps them maximize their garage space."</p>

<p />Loberg added that because the sliding system was carefully constructed to work with existing designs, previous PremierGarage customers can retrofit their garages with the new sliding doors.</p>

<p />The durable PremierAccess cabinets feature an upper and lower track mechanism, which prevents the doors from coming out of their tracks, along with an integrated full-length handle for smooth sliding action. Available in all PremierGarage finishes, customers can mix and match the new sliding doors with the company's traditional garage cabinets for the perfect arrangement to meet their individual needs.</p>

<p />PremierAccess will be available in the fall.  For more information, locate your local franchise dealer at: <a href="http://www.premiergarage.com/locations.html">http://www.premiergarage.com/locations.html</a>.</p>

]]></description>
 <dc:date>Thu, 17 Jul 2008</dc:date>
</item>
<item rdf:about="http://www.buildingonline.com/news/viewnews.pl?id=7286&amp;subcategory=287">
 <title><![CDATA[Reed Construction Data Announces Summer Gas Giveaway]]></title>
 <link>http://www.buildingonline.com/news/viewnews.pl?id=7286&amp;subcategory=287</link>
 <description><![CDATA[<p /><b>NORCROSS, GA -- </b>Reed Construction Data has announced a summer campaign (<a href="http://www.reedconstructiondata.com/gascard">www.reedconstructiondata.com/gascard</a>) offering Shell gasoline gift cards and additional services to keep business moving for contractors feeling the impact of rising gas prices.</p>

<p />The Triple Play Gas Giveaway from Reed Construction Data encourages the contractor community to explore Reed's construction lead services, and in turn, offers a few easy ways to save money on gas this summer.
Users of Reed's Connect and Bulletin lead services have the ability to find construction projects close to home, as well as access plans and specs online, which provides two simple ways to cut out extra miles on the road.</p>

<p />As an added benefit, anyone who signs up for Reed's construction lead services through the month of July will receive a complimentary $100 Shell gift card.</p>

<p />"We understand the effects that increasing gas prices can have on your business," said Steve Ritchie, vice president of marketing and business development, Reed Construction Data. "Now is an important time to utilize the resources available to help reduce your costs and drive your business."</p>

<p />For more information and to sign up for the promotion, visit <a href="http://www.reedconstructiondata.com/gascard">www.reedconstructiondata.com/gascard</a> or call 1-800-288-9421 and reference the "Reed Construction Data Gas Giveaway." </p>
]]></description>
 <dc:date>Thu, 17 Jul 2008</dc:date>
</item>
<item rdf:about="http://www.buildingonline.com/news/viewnews.pl?id=7133&amp;subcategory=4">
 <title><![CDATA[Remodeling Show 2008 September 9-12 in Baltimore]]></title>
 <link>http://www.buildingonline.com/news/viewnews.pl?id=7133&amp;subcategory=4</link>
 <description><![CDATA[<p />The 17th annual Remodeling Show will take place September 9-12, 2008 at the Baltimore Convention Center in Baltimore, MD. The show bills itself as the "leading event solely dedicated to the multi-billion dollar remodeling industry."</p>

<p />Learn more about the show and register online at:</p>
 
<p /><a href="http://www.theremodelingshow.com/Remod08/public/enter.aspx">www.theremodelingshow.com/Remod08/public/enter.aspx</a>]]></description>
 <dc:date>Thu, 17 Jul 2008</dc:date>
</item>
<item rdf:about="http://www.buildingonline.com/news/viewnews.pl?id=7112&amp;subcategory=18">
 <title><![CDATA[Southeast Building Conference (SEBC) July 30-August 2, 2008 in Orlando]]></title>
 <link>http://www.buildingonline.com/news/viewnews.pl?id=7112&amp;subcategory=18</link>
 <description><![CDATA[<p />Just one look at the website for the SEBC show tells you this is one expo NOT to miss!  With 48 seminars, 17 intensive courses, and over 1000 exhibits, you'll have plenty to do.  What's more, the show will feature a 
a performance by The Charlie Daniels Band, a gourment wine pairing luncheon and many industry experts speaking on topics that affect you.</p>

<p />Online registration is now open!</p>

<p />Learn more at: <a href="http://www.sebcshow.com/index.htm">www.sebcshow.com/index.htm</a></p>]]></description>
 <dc:date>Thu, 17 Jul 2008</dc:date>
</item>
<item rdf:about="http://www.buildingonline.com/news/viewnews.pl?id=7283&amp;subcategory=140">
 <title><![CDATA[Survey: Almost Half of Homebuyers Think Real Estate Market Will Improve with New President]]></title>
 <link>http://www.buildingonline.com/news/viewnews.pl?id=7283&amp;subcategory=140</link>
 <description><![CDATA[<p /><b>LOS ANGELES -- </b>44% of all home buyers believe the housing market will improve once the new President takes office in January, 2009, according to a new survey conducted by Harris Interactive and commissioned by Move, Inc.</p>

<p />Forty-eight percent of women and 41 percent of men who plan to buy a home in the current market said they think the housing market will get better once the new President is in office.</p>

<p />At the same time, 81% of home buyers are still nervous about the current housing market and report the existence of barriers between them and home ownership. Today's home buyers perceive the cost of a down payment (28%), their annual income level (20%), lack of confidence in the economy (26%) and high home prices (31%), especially in the Western states (39%) as barriers to buying a home.</p>

<p />Despite these reservations, the survey indicates underlying demand for homeownership is healthy. While nearly half (41%) of current homeowners do plan to purchase a home again, 80% of all renters plan to purchase a home someday with 47% planning to purchase a home within the next five years. More people who plan to move will do so for space-related (26%) and life-stage change reasons (17%), such as having children (2%) or downsizing to a smaller residence (9%), not financial ones including an increase in rent (2%) or an expensive mortgage (less than 1/2%).</p>

<p />Most home buyers (78%) are also willing to make sacrifices to save and earn extra income for down payments and will compromise on neighborhood features and residential amenities in order to buy a home in the current market. Many of their choices may reflect changing values, including a growing concern over the environment, the importance of community features and the rising cost of fuel.</p>

<p />While about four out of five home buyers (81%) say they face barriers to buying a home in the current market, the greatest single barrier to homeownership today is high home prices (31%), a concern that was much higher in the West (39%), than in the South (27%) or Midwest (26%).</p>

<p />The second greatest barrier keeping buyers out of the current market is coming up with the money for a down payment (28%), with lack of confidence in the economy (26%) ranking third. Financial concerns generally are higher among people in the West (45%) compared to the South (33%) and about one-third of those ages 18 - 34 said lack of money (38%) or poor credit (18%) is a concern compared to only 11% and 5% (respectively) of those 55+.</p>

<p />Four out of five adults (84%) say there is something about buying a home that is intimidating, and one out of three (34%) say money-related issues being a concern. Finding the right home is the most intimidating part of the home-buying process for about one out of five (19%). About two thirds of adults (62%) have visited an online real estate web site and once on the site, 23 percent are looking to purchase and 52 percent are looking at what's on the market.</p>

<p /><b>Trade-offs Favor Community, Environment</b><br />
Today, adults rank crime rates (56%), proximity to daily conveniences (47%) and property taxes (46%) as the top three factors in choosing a neighborhood. Home buyers are more willing to sacrifice cultural and recreational amenities (18%) than green features (16%) like solar heating and energy-saving appliances, or forego proximity to work (7%) and daily conveniences (11%) to buy a house in today's real estate market.</p>

<p />Concern over the cost of gasoline and the importance of community is evident in the importance buyers place on accessibility. Only seven percent of home buyers would be willing to sacrifice proximity to work and six percent, proximity to shopping. Only three percent would give up proximity to public transportation in order to buy a home in today's real estate market.</p>

<p />About half of adults (49%) say green features like solar panels, energy saving appliances and low usage water heaters are "important" features. More care about green features (49%) than luxury amenities (31%), yet some would give up green features (9%) before storage (7%), luxury amenities (7%) or numbers of bedrooms or bathrooms (6%). Women rate green features higher than men (52% to 46%) and consumers aged 18 - 34 years of age rate green features the lowest (40%).</p>

<p />Kitchens (67%) and the number of bedrooms (69%) are the most important features today's buyers are looking for in a home. Storage space (66%) and the number of bathrooms (62%) rank three and four on their list of priorities.</p>

<p /><b>Mortgages are a Mystery</b><br />
Understanding mortgages and the financing process during these times of change in the credit industry is a major issue with a large number of buyers. Eighty-one percent of today's home buyers and three quarters of adults (78%) say they wish the process of taking out a mortgage was easier to understand. In fact, some say that either understanding financing (9%) or the uncertainty of the mortgage process (6%) is the most intimidating part of buying a home.</p>

<p />For many buyers, changes in the amount of a down payment required for a mortgage is a significant issue. The lack of cash for a down payment is keeping about one quarter (28%) of buyers out of homes--more than those who have poor credit (15%), low household income (20%) or those who lack of confidence in the economy (26%).</p>

<p />The Homeownership study was conducted online within the United States by Harris Interactive on behalf of Move, Inc. between May 21 and 23, 2008 among 2,462 U.S. adults ages 18 and older, of whom 1,377 plan to buy a home in the current real estate market. These online surveys are not based on probability samples and therefore no estimates of theoretical sampling error can be calculated. For full survey methodology and all survey results please contact Lindsay Scalisi at 415.844.6217.</p>]]></description>
 <dc:date>Thu, 17 Jul 2008</dc:date>
</item>
<item rdf:about="http://www.buildingonline.com/news/viewnews.pl?id=7290&amp;subcategory=70">
 <title><![CDATA[Tile Redi Appoints Matthew Murphy to Regional Sales Manager]]></title>
 <link>http://www.buildingonline.com/news/viewnews.pl?id=7290&amp;subcategory=70</link>
 <description><![CDATA[<p />Tile Redi, manufacturer and marketer of pre-formed, one-piece shower pans, has appointed Matthew Murphy to regional sales manager for the United States coastal market, where he will work to build partnerships and distribution channels for Tile Redi's unique line of shower pans for water intrusion solutions.</p>

<p />Murphy, who holds a Bachelor of Science degree in Marketing from the University of North Alabama, has invested more than 15 years in the national sales industrial market.  He began his career in Birmingham, Alabama with MSC Industrial Supply, where he worked for eight years before being promoted to market manager.  After moving to South Florida, Murphy worked in the steel industry and then in electrical testing sales before joining the sales team at Tile Redi.  In his new position, Murphy will be responsible for regional sales and marketing initiatives to increase the awareness of the company's easy-to-install shower pans that allow ceramic or stone tiles to be adhered directly to the surface. </p>

<p />Tile Redi patented and UL-listed shower pans are manufactured as pre-formed, one-piece molded shower modules. Complete with fully integrated drains, curbs and splash walls, each leak-proof unit is pre-pitched for easy drainage. By solving water intrusion problems, Tile Redi shower pans inhibit the growth of mold and mildew. For further information, please visit <a href="http://www.tileredi.com">www.tileredi.com</a></p>

]]></description>
 <dc:date>Thu, 17 Jul 2008</dc:date>
</item>
<item rdf:about="http://www.buildingonline.com/news/viewnews.pl?id=7285&amp;subcategory=60">
 <title><![CDATA[Universal Forest Products Posts $11.7 Million Profit in Second Quarter]]></title>
 <link>http://www.buildingonline.com/news/viewnews.pl?id=7285&amp;subcategory=60</link>
 <description><![CDATA[<p /><b>GRAND RAPIDS, MI -- </b>Universal Forest Products, Inc. posted net earnings of $11.7 million in the second quarter, down from $16.8 million a year year--but still in the black.  The company's net sales for the quarter were $708.5 million.  The company blamed a weak economy and soft lumber market for the decline.  Margins were also affected by higher fuel and other transportation costs and ongoing price pressure, particularly in the site-built construction market.</p>

<p />"Despite the current market environment, we're profitable, we're gaining share in some key markets, and we're concentrating on making sure we're well-positioned for growth when the economy regains strength," said President and CEO Michael B. Glenn. "The fundamentals of our company remain solid and we're pleased with our achievements in the face of extraordinary challenges."</p>

<p />Here is a performance snapshot of the various divisions:</p>

<p /><b>Do-It-Yourself/retail: </b>$334.7 million, a decrease of 7.1% from the same period of 2007. The Company picked up market share by leveraging its competitive advantages and adding to its vast portfolio of lumber and outdoor living products. Sales, however, were impacted by weak consumer spending, reflected in a Consumer Confidence Index that plunged to near-record lows in the quarter and lower same-store sales at two big box retailers. Most experts call for continued decline in home improvement spending through 2008, and for moderate growth in 2009 and beyond.</p>

<p /><b>Industrial packaging/components: </b>$174.0 million, an increase of 6.4% over 2007. The industrial market remains a strong opportunity, even though in the short term it is being affected by a challenged economy. Universal continues to add customers and to be encouraged by opportunities for market share gains in this arena. The concrete forming business is having a positive impact. Most of the markets served by concrete forming saw solid year-to-date growth through May 2008. These markets include nonresidential construction in health care, public safety, lodging, power, office buildings and other areas.</p>

<p /><b>Site-built construction: </b>$132.8 million, a decrease of 17.7% from the same period of 2007. These results are in spite of declines in single-family housing starts of 43.9% and 41.8%, respectively, in April 2008 and May 2008 over the same months in 2007. The Company believes the housing market won't begin a recovery until 2010, and believes tighter credit conditions will have a negative impact on multi-family and light construction, which performed well in 2007. However, the Company believes it can continue to take share and is focused on diversification by growing its custom builder, light-commercial and multifamily business, on cutting costs and on enhancing efficiency through continuous improvement.</p>

<p /><b>Manufactured housing: </b>$84.2 million, a decrease of 20.2% from 2007. The 1.4% uptick in shipments of HUD-code homes in April 2008 over April 2007 didn't hold for the balance of the quarter. Shipments in May 2008 were approximately 15% lower than May 2007. May 2008 year-to-date shipments declined 5.1% from May 2007. The Manufactured Housing Institute recently revised its forecast downward by 3%, calling for annual shipments of 96,000 homes. Shipments of modular homes were down 27% in the first quarter of 2008 from the same period of 2007, the most recent statistics available. With its commanding market share, Universal's performance will essentially track with the market. The Company expects conditions to remain soft until the oversupply of site-built homes is absorbed and credit conditions improve, and believes passage of a lending reform package is critical to any near-term pickup in this market.</p>]]></description>
 <dc:date>Thu, 17 Jul 2008</dc:date>
</item>
<item rdf:about="http://www.buildingonline.com/news/viewnews.pl?id=7110&amp;subcategory=6">
 <title><![CDATA[IKEA's Southern California Home &amp; Garden Show August 20-24, 2008 in Anaheim]]></title>
 <link>http://www.buildingonline.com/news/viewnews.pl?id=7110&amp;subcategory=6</link>
 <description><![CDATA[<p />IKEA's Southern California Home &amp; Garden Show, which bills itself as the longest running show in California, returns to Anaheim on August 20-24, 2008 at the Anaheim Convention Center.</p>

<p />Consumers will have access to industry experts, renowned designers and celebrities. Included in the lineup of renowned experts is Jonathan Fong, a Los Angeles-based decorator and author of "Parties that Wow." Fong will make several guest appearances including offering special sessions highlighting tips for throwing the ultimate outdoor party – Southern California style. 

<p />Also in attendance will be Dina Zaphiris from Animal Planet's television show, PetFinder. Zaphiris is known as the "behavior savior" because of her skills solving canine behavioral problems. She has owned and operated a dog training business in southern California for over 12 years and will be offering dog training seminars throughout the show. Sweet P., a contestant from the 4th season of Project Runway will also be on site offering tips on how fashion and clothing design influence home decor.</p>

<p />Learn more at: <a href="http://www.southerncaliforniahomeshow.com/ME2/Sites/">www.southerncaliforniahomeshow.com/ME2/Sites/</a></p>]]></description>
 <dc:date>Wed, 16 Jul 2008</dc:date>
</item>
<item rdf:about="http://www.buildingonline.com/news/viewnews.pl?id=7279&amp;subcategory=19">
 <title><![CDATA[Cox Industries Acquires Taylor Ramsey of Virginia]]></title>
 <link>http://www.buildingonline.com/news/viewnews.pl?id=7279&amp;subcategory=19</link>
 <description><![CDATA[

<p />
ORANGEBURG, SC - Cox Industries, a leading manufacturer of treated wood products, has acquired ownership of a treating facility in Virginia.
</p>
<p />
The plant, formerly Taylor Ramsey Wood Preserving, will be known as Cox Wood of Virginia, LLC and is located at 2960 Cox Rd. in Blackstone, VA. Jay Pugh has been promoted from Assistant Plant Manager of Cox's Structural Wood Preserving facility and will serve as plant manager of the Virginia location. Cox has also acquired a separate sales office in Lynchburg, VA formerly owned by Taylor Ramsey.
</p>
<p />
"We look forward to continuing the customer and vendor relationships that have been established by Taylor Ramsey and we anticipate a smooth transition," said Cox Industries President and CEO Michael Johnson. Johnson added that Cox plans to retain as many existing employees as possible during the change of ownership.
</p>
<p />
With this acquisition, Cox Industries further expands its presence in the Mid-Atlantic and Northeastern United States. Cox Wood of Virginia is the twelfth plant in five states that is owned and operated by parent company Cox Industries. The Blackstone location will continue operations as a residential treating facility but could possibly incorporate industrial operations in the future.
</p>
<p />
About Cox Industries: Since 1954, Cox Industries has been a manufacturer and distributor of treated wood products for the residential, commercial, industrial and utility markets. Headquartered in Orangeburg, SC, this family-owned and family-operated company produces a variety of quality wood products—from decks, fences and framing to utility poles, docks, retaining walls and outdoor furniture. Named to the South Carolina 100 list of largest privately held companies for 2006, Cox operates 12 facilities throughout the Southeastern United States and employs more than 400 people in five states. Cox brand-name products are distributed to select building supply dealers, specialty distributors, and utility companies throughout the eastern United States and overseas. For more information, visit <a href="http://www.coxwood.com">www.coxwood.com</a> or contact Tiffany Myers at (803) 928-5042.
</p>


]]></description>
 <dc:date>Fri, 11 Jul 2008</dc:date>
</item>
<item rdf:about="http://www.buildingonline.com/news/viewnews.pl?id=7253&amp;subcategory=163">
 <title><![CDATA[528,000 Construction Jobs Lost Since September 2006 Housing Peak]]></title>
 <link>http://www.buildingonline.com/news/viewnews.pl?id=7253&amp;subcategory=163</link>
 <description><![CDATA[<p />The Labor Department's Latest Employment report reveals that 43,000 more jobs in the construction industry vanished last month, as the sector continues to get hammered by the worst housing slump in recent memory.
The number is even more shocking when considering that the economy as a whole lost 62,000 jobs combined.  </p>

<p />Specialty trade contractors fared the worst, with 25,300 losing their job last month.</p>

<p />The <i>Los Angeles Times</i> reports that since the housing market's peak in 2006, the construction industry has shed 528,000 jobs. (Editors note: You can retrieve customized historical employment data by industry at the Department of Labor's website <a href="http://www.bls.gov/webapps/legacy/cesbtab1.htm">here</a></p>

<p />To view the entire Labor Department Report (in PDF), go <a href="http://www.bls.gov/news.release/pdf/empsit.pdf"> here</a>.  (Go to page 22 of the PDF to view employment by industry.)</p>

]]></description>
 <dc:date>Thu, 10 Jul 2008</dc:date>
</item>
<item rdf:about="http://www.buildingonline.com/news/viewnews.pl?id=7251&amp;subcategory=126">
 <title><![CDATA[Construction Spending Edges Down 0.4 Percent in May]]></title>
 <link>http://www.buildingonline.com/news/viewnews.pl?id=7251&amp;subcategory=126</link>
 <description><![CDATA[<p />The U.S. Census Bureau of the Department of Commerce announced last week that overall construction spending during May 2008 was estimated at a seasonally adjusted annual rate of $1,085.2 billion, 0.4 percent below the revised April estimate of $1,089.3 billion. </p>

<p /><b>Private Construction</b><br />
Spending on private construction was at a seasonally adjusted annual rate of $784.2 billion, 0.7 percent below the revised April estimate of $789.4 billion. Residential construction was at a seasonally adjusted annual rate of $378.9 billion in May, 1.6 percent below the revised April estimate of $385.1 billion. Nonresidential construction was at a seasonally adjusted annual rate of $405.3 billion in May, 0.2 percent above the revised April estimate of $404.3 billion. </p>

<p /><b>Public Construction </b><br />
In May, the estimated seasonally adjusted annual rate of public construction spending was $301.1 billion, 0.4 percent above the revised April estimate of $299.9 billion. Educational construction was at a seasonally adjusted annual rate of $84.8 billion, 1.8 percent above the revised April estimate of $83.3 billion. Highway construction was at a seasonally adjusted annual rate of $77.8 billion, 0.7 percent below the revised April estimate of $78.3 billion.</p>]]></description>
 <dc:date>Thu, 10 Jul 2008</dc:date>
</item>
<item rdf:about="http://www.buildingonline.com/news/viewnews.pl?id=7252&amp;subcategory=208">
 <title><![CDATA[NAHB Reports Strong Builder Interest for Green Professional Designation Program]]></title>
 <link>http://www.buildingonline.com/news/viewnews.pl?id=7252&amp;subcategory=208</link>
 <description><![CDATA[<p /><b>WASHINGTON--</b>Less than five months after its introduction, nearly 800 builders, remodelers and other industry professionals have earned the Certified Green Professional&amp;trade; designation from the National Association of Home Builders (NAHB).</p>

<p />The rush to achieve the new educational designation is another sign that NAHB members continue to lead the home building industry toward resource-efficient home building, said NAHB President Sandy Dunn, a home builder in Point Pleasant, W. Va.</p>

<p />"Our clients - both new home buyers and home owners interested in a renovated kitchen or similar projects - are much more concerned about energy efficiency and utility bills this year, and that's driving even more interest in green building techniques," she said.</p>

<p />The Certified Green Professional designation is issued by the NAHB University of Housing, the educational arm of the association. The designation is part of the NAHB National Green Building Program, which also includes a green home rating system and scoring tool at <a href="http://www.nahbgreen.org">www.nahbgreen.org</a></p>

<p />It's designed for all home building industry professionals, from builders and remodelers to real estate agents, designers and marketers, and is open to non-NAHB members as well. Earning the designation requires taking a 16-hour Green Building for Building Professionals class, eight hours of business management instruction and a minimum of two years of industry experience. Designees also must adhere to a prescribed code of ethics.</p>

<p />Texas claims the greatest number of Certified Green Professionals, with 107 designees, and Dunn noted that Austin is the home of the nation's first voluntary green home building program.  Additionally, Dallas will host the 11th Annual NAHB National Green Building Conference next May.</p>

<p />Other states with high numbers of designees include North Carolina, Florida and Indiana, but there are some in every state, Dunn pointed out. Consumers can use the "Find a Builder or Remodeler" search engine at www.nahb.org to find a local Certified Green Professional.</p>

<p />Educational specialists continually work on refinements to the Green Building for Building Professionals class content. "Green building is very dynamic, reflecting new technologies and the growing experience of many of our members," Dunn noted.  "NAHB is keeping on top of these changes."</p>

<p />Green builder volunteers also are working with the University of Housing on a curriculum that will be part of a new designation: The Master Certified Green Professional. The Master designation, which is scheduled for introduction next year, will be more focused on technical and building science issues and is intended for home builders and remodelers.</p>

]]></description>
 <dc:date>Thu, 10 Jul 2008</dc:date>
</item>
<item rdf:about="http://www.buildingonline.com/news/viewnews.pl?id=7278&amp;subcategory=42">
 <title><![CDATA[Remodeling Activity Expected to Show Improvement Starting in 2009]]></title>
 <link>http://www.buildingonline.com/news/viewnews.pl?id=7278&amp;subcategory=42</link>
 <description><![CDATA[<p />Two housing economists are predicting that remodeling activity should perk up in 2009, with the strongest performance coming in maintenance and repair projects.</p>

<p />Read the story in the July issue of James Hardie Building Products' online newsletter, <a href="http://www.jameshardie.com/streetscapes/streetscapes_vol27.php"> Streetscapes</a>.</p>


]]></description>
 <dc:date>Thu, 10 Jul 2008</dc:date>
</item>
<item rdf:about="http://www.buildingonline.com/news/viewnews.pl?id=7268&amp;subcategory=225">
 <title><![CDATA[''The Benefits of Joining the Home Improvement Research Institute (HIRI)'' Webcast July 15, 2008]]></title>
 <link>http://www.buildingonline.com/news/viewnews.pl?id=7268&amp;subcategory=225</link>
 <description><![CDATA[<p />The Home Improvement Research Institute (HIRI) is a not-for-profit 
organization of manufacturers, retailers, wholesalers and allied 
organizations the disseminates information about home improvement products.</p>

<p />The organization will be hosting a free webcast entitled: "Find Out What Industry Leaders Already Know: The Benefits of Joining HIRI" on Tuesday, July 15, 2008 at 2:00 p.m. (eastern).</p>

<p />Register for the event <a href="http://www.iian.ibeam.com/events/lebh003/26950/"> here</a>.</p>

]]></description>
 <dc:date>Wed, 09 Jul 2008</dc:date>
</item>
<item rdf:about="http://www.buildingonline.com/news/viewnews.pl?id=7273&amp;subcategory=242">
 <title><![CDATA[Amana Tool Offers Same-Day Shipping Across North America]]></title>
 <link>http://www.buildingonline.com/news/viewnews.pl?id=7273&amp;subcategory=242</link>
 <description><![CDATA[<p /><b>FARMINGDALE, N.Y. -- </b>Amana Tool, manufacturers of industrial-quality tungsten carbide woodworking tools, today announced immediate availability of same-day shipping on all product lines to customers throughout North America. Fulfillment centers at Amana's headquarters in Farmingdale, N.Y., and in El Cajon, Calif., are stocked with the company's entire line of industrial-quality router bits, saw blades, shaping cutters, boring bits, accessories and more to ensure that customers' immediate shipping needs are met in as little as one day.</p>

<p />"Same-day order fulfillment and shipping are an integral part of our commitment to providing the highest quality products and service to our customers," said Eitan Spiegel, president of Amana Tool. "State-of-the-art warehouses located on each coast give us the unique ability to ship our products in near real-time to reach virtually any customer in North America in a matter of days."</p>

<p />Amana offers one of the largest selections of industrial-quality router bits, saw blades and accessories for the woodworking industry under the Amana, Timberline and A.G.E. product lines. Orders for all three lines are received and processed in-house at the warehouse location closest to the order's origin. Regardless of size, orders are hand-picked and packed for maximum accuracy, with shipments reaching final destinations in as little as one day, depending on the shipping zone.</p>

<p />For a complete listing of Amana Tool's products, visit <a href="http://www.amanatool.com">www.amanatool.com</a></p>]]></description>
 <dc:date>Wed, 09 Jul 2008</dc:date>
</item>
<item rdf:about="http://www.buildingonline.com/news/viewnews.pl?id=7262&amp;subcategory=236">
 <title><![CDATA[Article Discusses How to Downsize Your Company the ''Right Way'']]></title>
 <link>http://www.buildingonline.com/news/viewnews.pl?id=7262&amp;subcategory=236</link>
 <description><![CDATA[<p />With the economy taking a nosedive, some business owners may have to make the uncomfortable choice of laying off employees.  The following article describes how to handle the difficult job with tact:</p>

<p /><a href="http://www.morgansullivan.com/executive-search-blog/?p=522">http://www.morgansullivan.com/executive-search-blog/?p=522</a></p>

]]></description>
 <dc:date>Wed, 09 Jul 2008</dc:date>
</item>
<item rdf:about="http://www.buildingonline.com/news/viewnews.pl?id=7270&amp;subcategory=18">
 <title><![CDATA[Big Builder 2008 Conference November 3-5 in Washington D.C.]]></title>
 <link>http://www.buildingonline.com/news/viewnews.pl?id=7270&amp;subcategory=18</link>
 <description><![CDATA[<p />Register now for this Fall's BIG BUILDER Conference, which will be held November 3-5, 2008 at the Gaylord National Resort and Conference Center in Washington D.C.  </p>

<p />This year's event will be even more important, as big builders from around the country converge to seek answers and strategize for the next housing turnaround.  Several informative sessions are planned that can help you make your next move, your right move. </p>

<p />Don't miss it. </p>

<p />For more details, go to: <a href="http://www.bigbuilder.com/program.html">www.bigbuilder.com/program.html</a></p>]]></description>
 <dc:date>Wed, 09 Jul 2008</dc:date>
</item>
<item rdf:about="http://www.buildingonline.com/news/viewnews.pl?id=7256&amp;subcategory=88">
 <title><![CDATA[BuildingGreen Introduces Fuel-Cost Calculator to Compare Home Heating Methods]]></title>
 <link>http://www.buildingonline.com/news/viewnews.pl?id=7256&amp;subcategory=88</link>
 <description><![CDATA[<p /><b>BRATTLEBORO, VT -- </b>With rapidly rising energy prices around the country, something unusual has happened. Some heating fuels that used to be quite affordable, such as heating oil, have risen in price dramatically, making competing energy sources such as electricity relatively less expensive. In parts of the Northeast and Upper Midwest, even the most expensive form of electric heat--electric-resistance baseboard heat--is now less expensive than fuel oil.</p>

<p />To help consumers objectively compare fuel costs, BuildingGreen has just launched a sophisticated, yet very simple, online fuel-cost-comparison calculator.</p>

<p />The challenge in comparing fuel costs is the fact that most fuels are purchased by volume or weight, rather than energy content. It's hard to compare gallons of fuel oil with hundreds of cubic-feet (ccf) of natural gas and kilowatt-hours (kWh) of electricity. Adding to the complexity, there are big differences in how efficiently energy sources are converted into heat and how efficiently that heat is distributed throughout a building. To accurately compare the costs of different energy sources, we need to look at the price per delivered unit of heat. If we compare fuel costs on the basis of dollars per million British thermal units (Btus) of delivered heat, we are comparing apples to apples.</p>

<p />The new fuel-cost comparison tool is free on BuildingGreen.com along with a primer on comparing fuel costs (visit <a href="http://www.BuildingGreen.com/calc/fuel_cost.cfm">www.BuildingGreen.com/calc/fuel_cost.cfm</a>). BuildingGreen's online fuel-cost calculator considers the heat content of each fuel, the efficiency of combustion by the heating equipment, and the efficiency of distribution. With furnaces and forced-air distribution, there are often very significant distribution losses that raise the cost per million Btus of delivered heat. The BuildingGreen calculator provides default (average) efficiencies but allows users to enter different values if they are known.</p>

<p />Because the prices of most fossil fuels are rising faster than the price of electricity, which is regulated, some homeowners and businesses are likely to switch from oil, natural gas, or propane to electricity.  "There has been very little attention paid to this issue by utility companies and public utility commissions," according to Alex Wilson, president of BuildingGreen, "but the likelihood of fuel switching to electricity may have very significant implications on electricity demand and safety - especially if homeowners begin using portable electric heaters more widely."</p>

]]></description>
 <dc:date>Wed, 09 Jul 2008</dc:date>
</item>
<item rdf:about="http://www.buildingonline.com/news/viewnews.pl?id=7257&amp;subcategory=103">
 <title><![CDATA[Fireman's Fund To Expand ''Green'' Homeowners Insurance Program]]></title>
 <link>http://www.buildingonline.com/news/viewnews.pl?id=7257&amp;subcategory=103</link>
 <description><![CDATA[<p /><b>NOVATO, CA -- </b>Fireman's Fund Insurance Company -- the nation's first provider of green insurance for commercial buildings -- will launch green insurance for homeowners starting this summer.</p>

<p />This is the first-ever admitted green insurance available to homeowners in the United States. Setting a new standard, Fireman's Fund (<a href="http://www.firemansfund.com/green">www.firemansfund.com/green</a>) is offering this innovative product to homeowners who currently own green homes or who want to upgrade their residences with green features after a loss using environmental safety and efficiency standards. If a home is completely destroyed, it can be rebuilt to green standards, certified as having Leadership in Environmental and Energy Design status (LEED, <a href="http://www.usgbc.org/leed">www.usgbc.org/leed</a>).</p>

<p />"We believe this is a trend-setting insurance solution for homeowners who are interested in the many benefits of 'going green' at home," said Donald Soss, chief underwriting officer for Fireman's Fund Personal Insurance.</p>

<p />Homeowners whose residences are already green will be offered a five percent discount on this coverage, applied to the homeowner premium.</p>

<p />With this new coverage, homeowners will be able to rebuild and replace with green alternatives such as:</p>

<p />--Energy Star&amp;reg;-rated appliances, lighting, electronic equipment and roofing/insulation</p>

<p />--An Energy Star upgrade of heating, ventilation and air-conditioning systems</p>

<p />--Forest Stewardship Council (<a href="http://www.fscus.org">www.fscus.org</a>) certified wood for millwork, ceilings, siding and framing, including bamboo flooring</p>

<p />--Non-toxic, low odor paints and carpeting</p>

<p />--Water-saving plumbing fixtures</p>

<p />--Elimination of ozone-depleting refrigerants and fire extinguishing agents, replaced with environmentally friendly alternatives</p>

<p />--Debris removed after damage to a home will be recycled and diverted from landfill</p>

<p />The green homeowners insurance is now approved for homeowners in 26 states (Arizona, District of Columbia, Delaware, Georgia, Hawaii, Idaho, Illinois, Kansas, Kentucky, Louisiana, Maine, Michigan, Missouri, Nebraska, New Jersey, Nevada, Ohio, Oregon, Pennsylvania, Rhode Island, Tennessee, Virginia, Washington, Wisconsin and Wyoming), with most other states expected to offer the coverage by year-end. The Coverage will be available in California as part of the Prestige&amp;reg; Home Premier Policy on August 1.</p>


]]></description>
 <dc:date>Wed, 09 Jul 2008</dc:date>
</item>
<item rdf:about="http://www.buildingonline.com/news/viewnews.pl?id=7254&amp;subcategory=171">
 <title><![CDATA[Hansgrohe CFO Siegfried Gansslen Succeeds Klaus Grohe as Chairman/CEO]]></title>
 <link>http://www.buildingonline.com/news/viewnews.pl?id=7254&amp;subcategory=171</link>
 <description><![CDATA[<p />Klaus Grohe, son of the founder of Hansgrohe and the company's leader for more than three decades, recently announced that he was stepping away from day-to-day operational management of the 107-year-old manufacturer of bath and kitchen faucets, showers and accessories. The new Chairman of the Board and Chief Executive Officer is Grohe's long-time colleague, Siegfried Gansslen, a 14-year veteran with Hansgrohe AG, based in Schiltach, Germany. Until this promotion, the 62-year-old native of Stuttgart, Germany, had served as Deputy Chairman of the Management Board and Chief Financial Officer since 1999. </p>

<p />Grohe, who is 71, has worked at Hansgrohe for 40 years, 33 of them in the top position. He will continue to serve as Chairman of the Supervisory Board, acting in an advisory capacity in the areas of innovation and brand management. Hansgrohe Brand Manager Richard Grohe, Klaus's 42-year-old son, who has served on the board the past three years, will assume Gansslen's former role as Deputy Chairman. In this capacity, Grohe remains responsible for ensuring that Hansgrohe's distinctive and deep-rooted culture of innovation continues to thrive.</p>

<p />"We have systematically paved the way for the new generation," commented Klaus Grohe at the recent annual company meeting for German employees who work in Schiltach and nearby Offenburg. "Siegfried Gansslen has contributed decisively to Hansgrohe's positive development. He stands for continuity in management, and with his international experience, he will ensure that Hansgrohe AG continues down the growth track."</p>

<p />Gansslen joined Hansgrohe in 1994 as Managing Director after serving in various managerial positions for several German corporations. Through the years, he has been responsible primarily for financial management, human resources and information technology, as well as the U.S. subsidiary in Alpharetta, GA, and emerging markets worldwide. </p>

]]></description>
 <dc:date>Wed, 09 Jul 2008</dc:date>
</item>
<item rdf:about="http://www.buildingonline.com/news/viewnews.pl?id=7272&amp;subcategory=142">
 <title><![CDATA[iLevel Introduces Subfloor Adhesive]]></title>
 <link>http://www.buildingonline.com/news/viewnews.pl?id=7272&amp;subcategory=142</link>
 <description><![CDATA[<p />iLevel by Weyerhaeuser has introduced a new subfloor adhesive that helps create a solid and squeak-free floor while being simple to use and easy on the environment. iLevel&amp;trade Subfloor Adhesive has a low volatile organic compound (VOC) content and meets the strict requirements of numerous environmental standards.</p>

<p />iLevel Subfloor Adhesive creates a strong bond between floor panels, joists and other framing members and fills gaps in the connection. The result is improved composite action for the floor system to enable higher performance and help reduce the potential for squeaks. iLevel Subfloor Adhesive is independently tested and certified by PFS Corporation.</p>

<p />Adding to jobsite efficiency, iLevel Subfloor Adhesive is easy to use and works in a wide range of temperatures and moisture conditions, including performing well on wet or frozen joists. The green color is evident on framing members, and highlights the adhesive's even spread. Plus, it is water-based and therefore easy to clean up.</p>

<p />For more info, visit: <a href="http://www.ilevel.com/floors/f_adhesive.aspx">www.ilevel.com/floors/f_adhesive.aspx</a></p>]]></description>
 <dc:date>Wed, 09 Jul 2008</dc:date>
</item>
<item rdf:about="http://www.buildingonline.com/news/viewnews.pl?id=7266&amp;subcategory=346">
 <title><![CDATA[JLC TV Video Illustrates How to Install Crown Molding]]></title>
 <link>http://www.buildingonline.com/news/viewnews.pl?id=7266&amp;subcategory=346</link>
 <description><![CDATA[<p />Crown molding is a relatively inexpensive way to beautify the interior of your home, while adding value and appeal at the same time.  JLC has started an interesting series of video clips that can help you do various home improvement products correctly--and this one shows you what it takes to install crown.</p>

<p />View the Crown video (and see others in the library) <a href="http://hwtv.jlconline.com/default.asp?bcpid=1184514373&amp;bclid=1184468643&amp;bctid=1342091752">here</a></p>

]]></description>
 <dc:date>Wed, 09 Jul 2008</dc:date>
</item>
<item rdf:about="http://www.buildingonline.com/news/viewnews.pl?id=7255&amp;subcategory=60">
 <title><![CDATA[KB Home Reports $255 Million Loss in Second Quarter]]></title>
 <link>http://www.buildingonline.com/news/viewnews.pl?id=7255&amp;subcategory=60</link>
 <description><![CDATA[<p /><b>LOS ANGELES -- </b>KB Home reported a net loss of $255.9 million in its second quarter ended May 31, 2008, on revenues of $639.1 million.
The company noted that it recorded a charge of $176.5 million for inventory and joint venture impairments and the abandonment of certain land option contracts, and $24.6 million for goodwill impairment.</p>

<p />KB Home said the number of homes it delivered during the quarter fell 41% from a year earlier, to 2,810 homes.  The company said the average sales price was $226,600--compared with $271,600 during the same time last year.</p>

<p />"Housing market conditions remain difficult for the homebuilding industry, with inventories of unsold homes expanding as foreclosures rise to record highs, and consumer confidence continuing to deteriorate amid signs of weakness in the general economy," said Jeffrey Mezger, president and chief executive officer. "Persistently poor demand for new homes during the second quarter amplified pricing pressures and diminished asset values in many of our served markets, requiring us to recognize additional non-cash charges for inventory and joint venture impairments, abandonments and the write-off of goodwill, all of which significantly reduced our operating results. Despite substantially lower home prices, relatively low interest rates and an abundance of choices, potential new home buyers remain reluctant to purchase a home. But as housing affordability continues to improve, we expect today's hesitant buyers to become a healthy source of demand for new homes, fueling the eventual housing market recovery."</p>

]]></description>
 <dc:date>Wed, 09 Jul 2008</dc:date>
</item>
<item rdf:about="http://www.buildingonline.com/news/viewnews.pl?id=7263&amp;subcategory=40">
 <title><![CDATA[Microdesk Becomes Adobe Reseller, Offers Photoshop Training to AEC Industry]]></title>
 <link>http://www.buildingonline.com/news/viewnews.pl?id=7263&amp;subcategory=40</link>
 <description><![CDATA[<p />AECO industry consultant Microdesk announced that it has partnered with Adobe and will begin selling and offering training in Photoshop to architects, interior designers, engineers, as well as their associated marketing and advertising firms as part of its comprehensive suite of design process applications and services.</p>

<p />According to Microdesk Solution Specialist Oliver D. Smith, the company sees synergies between design and rendering applications such as AutoCAD, Revit, 3DS Max, and Photoshop, the leading photo manipulation and processing software. "We recognized that many design firms struggle to show their concepts to their clients as accurately and efficiently as possible. That's why we've devised a set of courses that will enable all levels of users to go from various design platforms such as AutoCAD and Revit to rendering programs such as 3DS Max and VIZ Render and further enhance graphics through Photoshop to create more vibrant, realistic images," Smith said.</p>

<p />According to Smith, these classes will also be offered to associated advertising and marketing firms, helping bridge the gap between these firms and the AECO industry. "Marketing people have many of the same challenges that architectural designers do - making their graphics files as realistic, accurate, and flexible as possible, able to be used across a variety of applications and platforms," said Smith.</p>

<p />To address these architectural and marketing needs, Microdesk has developed a set of one-day training courses for all levels of proficiency - from beginner to advanced user. Named after classic Greek and Roman architectural column designs, they include the following:</p>

<p />Doric: For beginners, this introductory course to Photoshop shows users the basics from the interface, various palettes, keyboard shortcuts, color adjustment, shadows, highlights, to image size and resolution, replacing, retouching, and editing.</p>

<p />Ionic: This course goes beyond the basics to cover Photoshop topics ranging from masking essentials, sharpening, and layer essentials, to group and layer composition, opacity and blend modes, and creating/editing text.</p>

<p />Corinthian: Designed for advanced users, this class provides practical insights into Photoshop's full capabilities, including layer effects/styles, vector based shapes, use of adjustment layers, smart objects, smart filters, as well as recording and playing actions.</p>

<p />In addition to offering courses in Adobe Photoshop and the complete AutoCAD and AutoCAD Revit Architecture suites from Autodesk, Microdesk provides training on Google Sketchup, Google Earth the ESRI ArcGIS suite of products as well as custom installation, training and full customer service and support.</p>

<p />Microdesk provides business process, information technology, and software consulting to the architectural, engineering, construction, and facility operations industries. Its services also include commercial-level desktop and web-based software development for geographical information systems and building facilities management. Microdesk, a leading Autodesk partner, is part of the Autodesk and ESRI Developer Networks and operates Authorized Training Centers for Google and Autodesk. Microdesk has offices in New Hampshire, Massachusetts, Connecticut, California, New Jersey, New York, Pennsylvania and Washington DC. Visit <a href="http://www.microdesk.com">www.microdesk.com</a></p>]]></description>
 <dc:date>Wed, 09 Jul 2008</dc:date>
</item>
<item rdf:about="http://www.buildingonline.com/news/viewnews.pl?id=7258&amp;subcategory=13">
 <title><![CDATA[New Millennial Homes Implements 'Just in Time' Model for New Home Construction]]></title>
 <link>http://www.buildingonline.com/news/viewnews.pl?id=7258&amp;subcategory=13</link>
 <description><![CDATA[<p /><b>TAMPA, FL -- </b>Taking a page from Dell Computer's landmark "just in time" manufacturing model, New Millennial Homes has created the Ready When You Are! program that promises buyers to complete construction on their new home within 45 to 60 days after permits are pulled.</p>

<p />"We're taking advantage of the techniques and technologies originally developed in-house to control costs to totally change the 'on your lot' industry," notes Michael Shrenk, managing partner of New Millennial Homes. "It typically takes a buyer about four to six weeks to finalize financing on a home -- with this program the house is complete right about the time they're ready to sign a mortgage."</p>

<p />Other "on your lot" builders typically take from six to eight months to complete a home, Shrenk said.</p>

<p />The Ready When You Are! program was originally conceived as an option for investors who had purchased vacant lots expecting prices to continue to escalate, but are now looking for opportunities to increase their cash flow.</p>

<p />"Without the rapid price increases investors had come to expect, they have three choices," he said. "They can continue to pay taxes, maintenance and insurance on empty land, sell their lots, or build rental homes that generate cash flow. The real advantage to this program is that there is no additional money required until an investor actually purchases a house that's ready to rent."</p>

<p />Families who already own lots or land also benefit because they can use the equity in the land as a down payment for the home, while other families may want to select their own finishes and colors in a new home.</p>

<p />The super-speedy construction process also ensures a high-quality home at an exceptionally good price. "We don't have time to make mistakes when we're working on this kind of schedule," notes Dan Waibel, NMH architect. "We've mapped every step of the process before we dig the first footer."</p>

<p />Every home has two professionals working on it -- an on-site superintendent to ensure that work is completed correctly and on schedule and an in-house construction coordinator to make sure that deliveries and subcontractors are efficiently scheduled.</p>

<p />"Our floor plans have been designed to work for most families so we don't need to customize," Waibel adds. "That means our staff buys exactly the materials needed -- with no delivery delays and no waste. It also means that subcontractors know exactly how things go together so there are no questions that might cause a construction slow down. We pay subcontractors weekly so they can hire the best workers and minimize turnover. Finally, we work with independent engineers to ensure that inspections are timely and that all construction meets or exceeds applicable building codes."</p>

<p />The focus on controlling costs has helped New Millennial become Tampa Bay's top builder of affordable homes. "On your lot" homes are priced from $85,000 and can be built in Tampa, St. Petersburg, Lakeland as well as other communities across Hillsborough, Pinellas, Pasco, Polk or Manatee counties.</p>

<p />For more information, call 813-231-9501 or visit <a href="http://www.newmilhomes.com">www.newmilhomes.com</a></p>]]></description>
 <dc:date>Wed, 09 Jul 2008</dc:date>
</item>
<item rdf:about="http://www.buildingonline.com/news/viewnews.pl?id=7259&amp;subcategory=127">
 <title><![CDATA[Prospect Mortgage to Acquire Troubled IndyMac Bancorp Mortgage Retail Branches]]></title>
 <link>http://www.buildingonline.com/news/viewnews.pl?id=7259&amp;subcategory=127</link>
 <description><![CDATA[<p /><b>NORTHBROOK, IL -- </b>Prospect Mortgage has signed an agreement to acquire the majority of IndyMac Bancorp's retail mortgage branches. Terms of the transaction were not disclosed.</p>

<p />The transaction encompasses approximately 750 employees along with more than 60 branch offices which will be rebranded as Prospect Mortgage. John Johnston and Ron Bergum will remain in leadership roles with the retail branch group and report to Mark Filler, CEO of Prospect Mortgage.</p>

<p />"The IndyMac transaction benefits our loan officers, customers, sales managers and referral sources. This is growth for the right reasons, not just for the sake of growth," said Mr. Filler. "The IndyMac transaction will enable us to increase our investment and success in marketing, technology, and customer service levels."</p>

<p />With completion of the IndyMac transaction, Prospect Mortgage projects that it will become one of the largest independent retail mortgage companies in the country.</p>

<p />Established in 2006, Prospect Mortgage specializes in acquiring midsized residential lenders, providing them with capital, cost-efficiencies, and increased resources while maintaining a decentralized, entrepreneurial business model. Prospect is backed by Sterling Partners, a multibillion-dollar private equity fund based in Chicago and Baltimore. To learn more, visit <a href="http://www.prospectmtg.com">www.prospectmtg.com</a></p>]]></description>
 <dc:date>Wed, 09 Jul 2008</dc:date>
</item>
<item rdf:about="http://www.buildingonline.com/news/viewnews.pl?id=7267&amp;subcategory=18">
 <title><![CDATA[Registration Now Open for Electronic Home Expo (EHX) November 5-7, 2008 in Long Beach]]></title>
 <link>http://www.buildingonline.com/news/viewnews.pl?id=7267&amp;subcategory=18</link>
 <description><![CDATA[<p />It's time to get "Amped Up" for EHX Fall 2008, to be held November 5-7, 2008 at the Long Beach Convention Center in Long Beach, California.  The show is expected to attract 7,000 custom electronics pros.</p>

<p />EHX is your chance to see the newest in Consumer Electronics products, an industry which continues to boom--especially as people continue to stick closer to home and enjoy home theater, etc. </p>

<p />Online registration is now open at <a href="http://www.ehxweb.com/register">www.ehxweb.com/register</a></p>

]]></description>
 <dc:date>Wed, 09 Jul 2008</dc:date>
</item>
<item rdf:about="http://www.buildingonline.com/news/viewnews.pl?id=7276&amp;subcategory=42">
 <title><![CDATA[Remodeling Activity Expected to Show Improvement Starting in 2009]]></title>
 <link>http://www.buildingonline.com/news/viewnews.pl?id=7276&amp;subcategory=42</link>
 <description><![CDATA[<p />Two housing economists are predicting that remodeling activity should perk up in 2009, with the strongest performance coming in maintenance and repair projects.</p>

<p />Read the story in the July issue of James Hardie Building Products' online newsletter, <a href="http://www.jameshardie.com/streetscapes/streetscapes_vol27.php"> Streetscapes</a>.</p>


]]></description>
 <dc:date>Wed, 09 Jul 2008</dc:date>
</item>
<item rdf:about="http://www.buildingonline.com/news/viewnews.pl?id=7277&amp;subcategory=42">
 <title><![CDATA[Remodeling Activity Expected to Show Improvement Starting in 2009]]></title>
 <link>http://www.buildingonline.com/news/viewnews.pl?id=7277&amp;subcategory=42</link>
 <description><![CDATA[<p />Two housing economists are predicting that remodeling activity should perk up in 2009, with the strongest performance coming in maintenance and repair projects.</p>

<p />Read the story in the July issue of James Hardie Building Products' online newsletter, <a href="http://www.jameshardie.com/streetscapes/streetscapes_vol27.php"> Streetscapes</a>.</p>


]]></description>
 <dc:date>Wed, 09 Jul 2008</dc:date>
</item>
<item rdf:about="http://www.buildingonline.com/news/viewnews.pl?id=7265&amp;subcategory=171">
 <title><![CDATA[Residents Discover Their Subdivision is Built on Old Bombing Range]]></title>
 <link>http://www.buildingonline.com/news/viewnews.pl?id=7265&amp;subcategory=171</link>
 <description><![CDATA[<p />Talk about a bombshell, literally.</p>

<p />Homeowners in one Orlando, Florida neighborhood are living on top of an old bombing practice range -- and it is not uncommon for live bombs to be found. In fact, most the bombs have been found on the local SCHOOL GROUNDS.</p>

<p />Read the explosive story at <a href="http://www.cnn.com/2008/US/06/30/backyard.bombs/index.html">CNN.com</a></p>

]]></description>
 <dc:date>Wed, 09 Jul 2008</dc:date>
</item>
<item rdf:about="http://www.buildingonline.com/news/viewnews.pl?id=7271&amp;subcategory=242">
 <title><![CDATA[Robert Bosch Tool Corp. Recalls Hammer Drills Due to Risk of Injury]]></title>
 <link>http://www.buildingonline.com/news/viewnews.pl?id=7271&amp;subcategory=242</link>
 <description><![CDATA[<p />Robert Bosch Tool Corp. is recalling approximately 9,700 Bosch Hammer Drills due to risk of injury. The drill can continue to operate after the trigger has been released, posing a risk of injury to consumers. Consumers should stop using recalled products immediately unless otherwise instructed.</p>

<p />The recalled hammer drill is blue with "BOSCH" printed on the side. The model number 1191VSR can be located on the product nameplate mounted on the side of the motor. The product's packaging will be marked as 1191VSRK (the "K" indicates that the hammer drill was packaged with a case in a kit). Only drills with a serial number that begins with "7" are included in the recall. The product was sold at Menards and other hardware retailers and industrial distributors nationwide from July 2007 through April 2008 for about $100.</p>

<p />For additional information, contact the Robert Bosch Tool Corp. toll-free at (877) 472-0007 between 7 a.m. and 7 p.m. CT Monday through Friday, or visit the firm's Web site at <a href="http://www.boschtools.com/Service/ProductServices/Pages/1191_recall.aspx">http://www.boschtools.com/Service/ProductServices/Pages/1191_recall.aspx</a></p>]]></description>
 <dc:date>Wed, 09 Jul 2008</dc:date>
</item>
<item rdf:about="http://www.buildingonline.com/news/viewnews.pl?id=7269&amp;subcategory=225">
 <title><![CDATA[Southern Forest Products Assn. (SFPA) Annual Meeting September 27-30, 2008 in San Antonio]]></title>
 <link>http://www.buildingonline.com/news/viewnews.pl?id=7269&amp;subcategory=225</link>
 <description><![CDATA[<p />The Southern Forest Products Assn. (SFPA) 2008 Annual Meeting will be held September 27-30, 2008 at the Omni La Mansion del Rio, located along San Antonio's historic River Walk. 

<p />Attendees should reserve their rooms no later than September 5th to receive the SFPA meeting rate of $229 plus 16.75% tax per night. To book a room, go <a href="http://www.omnihotels.com/FindAHotel/SanAntonioLaMansionDelRio/MeetingFacilities/SouthernForestProducts9.aspx"> here</a>.  You can also book your room by calling 877/409-6664 or 800/830-1400. Refer to SFPA group code 17900101154. </p>

<p />Meeting registration information will be e-mailed in early July. To view the tentative agenda, go <a href="http://www.sfpa.org/Meetings/TentativeAgenda2008AnnMtg.pdf"> here</a></p>

<p />For more information, contact Dianne Breaux at 504/443-4464, ext. 225, or <a href="mailto:dbreaux@sfpa.org">dbreaux@sfpa.org</a></p>

]]></description>
 <dc:date>Wed, 09 Jul 2008</dc:date>
</item>
<item rdf:about="http://www.buildingonline.com/news/viewnews.pl?id=7260&amp;subcategory=165">
 <title><![CDATA[U.S. Concrete Buys 9 Ready-Mix Plants in West Texas]]></title>
 <link>http://www.buildingonline.com/news/viewnews.pl?id=7260&amp;subcategory=165</link>
 <description><![CDATA[<p /><b>HOUSTON -- </b>U.S. Concrete, Inc. announced it completed the acquisition of nine ready-mixed concrete plants, including real property, rolling stock and working capital, in its west Texas market from another ready-mixed concrete producer. The plants produced approximately 245,000 cubic yards of ready-mixed concrete during 2007, and will be integrated with the Company's existing Ingram Concrete operations. The Company used cash-on-hand and its existing line of credit to fund the purchase price.</p>

<p />Michael W. Harlan, U.S. Concrete's President and Chief Executive Officer stated, "This acquisition marks our continued emphasis on further strengthening our existing concrete operations and expanding in those markets where we are vertically integrated with aggregates. Our west Texas operations are performing very well and this acquisition will not only complement existing Ingram markets, but also expand our footprint in west Texas. We expect the acquisition to be moderately accretive to 2008 earnings per share."</p>

<p />U.S. Concrete services the construction industry in several major markets in the United States through its two business segments: ready-mixed concrete and concrete-related products.  For more information on U.S. Concrete, visit <a href="http://www.us-concrete.com">www.us-concrete.com</a></p>]]></description>
 <dc:date>Wed, 09 Jul 2008</dc:date>
</item>
<item rdf:about="http://www.buildingonline.com/news/viewnews.pl?id=7264&amp;subcategory=19">
 <title><![CDATA[Weyerhaeuser to Permanently Close Structurwood OSB Mill in Alberta, Canada]]></title>
 <link>http://www.buildingonline.com/news/viewnews.pl?id=7264&amp;subcategory=19</link>
 <description><![CDATA[<p />Weyerhaeuser Company announced that it will permanently close its idled Structurwood&amp;reg; mill in Drayton Valley, AB. The oriented strand board mill has not been in operation since December 2007.</p>

<p />"Factors that led to the original decision to idle the Drayton Valley Structurwood mill – the decline in the U.S. housing market and the high Canadian dollar – have not changed since that decision," said Phil Dennett, vice president, Strand Technologies for Weyerhaeuser.</p>

<p />When operations were indefinitely curtailed in December 2007, there were about 130 people employed at the mill. A number of people moved to other Weyerhaeuser operations, including many to the softwood lumber sawmill on the same site. Others received severance.</p>

<p />Weyerhaeuser's dimensional softwood lumber sawmill in Drayton Valley continues to operate.</p>

<p />"Weyerhaeuser is working with the Government of Alberta to find ways to enhance the viability of our remaining mills in the region, both the sawmill in Drayton Valley and the Structurwood mill in Edson," said Dennett. "We are hopeful those discussions will result in long-term fibre security not only for those facilities but for other forest-related opportunities in the region."</p>

<p />Dennett also said Weyerhaeuser is committed to working with the Town of Drayton Valley to as it explores ways to broaden the community's economic base.</p>]]></description>
 <dc:date>Wed, 09 Jul 2008</dc:date>
</item>
<item rdf:about="http://www.buildingonline.com/news/viewnews.pl?id=7261&amp;subcategory=13">
 <title><![CDATA[William Lyon Homes Promotes Tom Mitchell to Executive VP, Business Development and Operations]]></title>
 <link>http://www.buildingonline.com/news/viewnews.pl?id=7261&amp;subcategory=13</link>
 <description><![CDATA[<p /><b>NEWPORT BEACH, CA -- </b>William Lyon, Chairman &amp; CEO and Douglas F. Bauer, President and Chief Operating Officer of William Lyon Homes, have announced the promotion of Thomas J. Mitchell to the position of Executive Vice President, Business Development and Operations.</p>

<p />Mr. Mitchell is a homebuilding industry veteran with diversified experience, including his 20-year tenure with William Lyon Homes where he has held various leadership positions at the division and corporate levels. For the past two years, he has served as the Company's Regional President overseeing all aspects of daily operations in Southern California. In his new role as Executive Vice President, Business Development and Operations, Tom will lead and maximize the strategic efforts to identify and develop incremental business opportunities that will provide for future growth in both Northern and Southern California.</p>

]]></description>
 <dc:date>Wed, 09 Jul 2008</dc:date>
</item>
<item rdf:about="http://www.buildingonline.com/news/viewnews.pl?id=7275&amp;subcategory=26">
 <title><![CDATA[WinEstimator Launches New Website]]></title>
 <link>http://www.buildingonline.com/news/viewnews.pl?id=7275&amp;subcategory=26</link>
 <description><![CDATA[<p /><b>KENT, WA -- </b>WinEstimator, Inc., an internationally recognized cost estimating software solution provider, has announced a new website at <a href="http://www.winest.com">www.winest.com</a></p>

<p />The new website has a new user interface, updated product information, a free download of trial software, online training and a host of free informational web demonstrations.</p>

<p />To learn more about WinEst, or to register for a free webinar go to <a href="http://www.winest.com">winest.com</a></p>

]]></description>
 <dc:date>Wed, 09 Jul 2008</dc:date>
</item>
<item rdf:about="http://www.buildingonline.com/news/viewnews.pl?id=7274&amp;subcategory=242">
 <title><![CDATA[Xtreme Charge Introduces Dual-Station 12-Volt Maintenance Charger]]></title>
 <link>http://www.buildingonline.com/news/viewnews.pl?id=7274&amp;subcategory=242</link>
 <description><![CDATA[<p /><b>SOUTHLAKE, TX --</b> To better service those needing to charge and maintain more than one battery at a time, PulseTech® Products Corporation has introduced the Xtreme Charge X2™, a ruggedly designed dual-station 12-volt maintenance charger.</p>

<p />Most households today employ multiple 12-volt batteries used in automobiles, light trucks, motorcycles, boats, lawn and garden tractors and off-roaders. In situations like these, use of a single-station maintenance charger, although possible, requires more user intervention to support the ongoing needs of today's power hungry and seasonally used vehicle batteries.</p>

<p />In addition to providing dual station service to maintain and charge 12-volt batteries, Xtreme Charge X2 would equally apply to many dual battery 24-volt systems, which are composed of two 12-volt batteries connected in series. Potential uses would include generators, transit, tour and/or charter buses, private coaches, heavy trucks, off-highway/construction equipment, fork and scissor lifts and alternative energy applications.</p>

<p />The CUL approved Xtreme Charge X2 is designed to be a maintenance charger for any type of 12-volt lead-acid battery. Like its single station sibling the XC100, during the initial connection, Xtreme Charge X2 automatically determines the appropriate rate of charge based on the battery's specific size and condition. It tests the battery continually for as long as it is connected to the charger to determine the optimal bulk or float charge rate. The test step also incorporates a Bad Battery indication if it determines the battery is either faulty and cannot be re-charged or is below 7 volts.</p>

<p />As part of the five-stage charging process, Xtreme Charge X2 continually PULSE Charges to minimize the size of lead sulfate crystals allowing the battery to accept as much charge as possible. This patented PulseTech process ensures that new batteries will stay in like-new condition while dramatically improving the performance and life expectancy of older batteries.</p>

<p />The Xtreme Charge X2 works with all types and sizes of 12-volt lead-acid batteries including standard flooded, AGM, Gel and maintenance-free (from less than 10ah to over 150 ah). The unit has a MSRP of $189.95. The Xtreme Charge X2 features four built-in wall-mount tabs and includes 2 fuse-protected quick-disconnect battery clamps and lugs, important safety instructions, and a quick-start guide. It comes with a five-year warranty.</p>

<p />For more product information call 1-888-287-9314 or go to <a href="http://www.xcautos.com/category_s/1.htm">http://www.xcautos.com/category_s/1.htm</a></p>]]></description>
 <dc:date>Wed, 09 Jul 2008</dc:date>
</item>
<item rdf:about="http://www.buildingonline.com/news/viewnews.pl?id=7250&amp;subcategory=18">
 <title><![CDATA[2008 PCBC attendance down over 50%]]></title>
 <link>http://www.buildingonline.com/news/viewnews.pl?id=7250&amp;subcategory=18</link>
 <description><![CDATA[<p />Reports from the floor of the PCBC show give estimated attendance down over 1/2 of last year due to the bleak state housing industry.
</p>
<p />

During the opening breakfast on Wednesday morning, Carly Fiorina, former Hewlett-Packard chief executive and presidential candidate adviser to John McCain, stated "Sometimes the season for change is when things look the bleakest, the question is, will you see the possibilities, and will you seize them in time?" 
</p>
<p />
You may read more about this year's PCBC from these sources:
</p>
<p />
From The San Francisco Chronicle:<br /> 
<a href=http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2008/06/26/BU4011F5C0.DTL>Builders' Trade Show Feels Pain</a>

</p>
<p />
From The Mercury News:<br />
<a href=http://origin.mercurynews.com/business/ci_9697806>Gloom with a view</a>
</p>

</p>
<p />
<b>On the brighter side, here is some positive news for those that see the glass half full from this year's PCBC...</b>
</p>

<p />
From PCBC by Boyce Thompson of Big Builder Online:<br />
<a href=http://www.bigbuilderonline.com/industry-news.asp?articleID=728663>PCBC Panel Provides Uplifting Message</a>


</p>
<p />

From Houseplans.com Hot Sheet Blog, News and Ideas About Home Design from Editor Dan Gregory:<br />

<a href=http://blog.houseplans.com/2008/06/eye-on-design-n.html>EYE ON DESIGN: News from PCBC</a>
</p>
<p />
<b>About PCBC</b><br />

PCBC is the largest regional builders’ show in the nation. Held annually at the Moscone Center in San Francisco, PCBC features an extensive display of product innovations from more than 600 of the industry’s leading manufacturers and suppliers and a four-day educational conference with more than 60 keynotes, seminars and workshops in fields ranging from business strategies to marketing to product design to applied technology. PCBC 2008 was held June 24-27... Next year's PCBC is tentatively scheduled as follows:<br />
June 16, 2009: Pre-Conference<br />
June 17-19, 2009: Exhibits and Main Conference<br />
(Date subject to change.)<br /> 
<B>For more information, visit <a href=http://www.PCBC.com>www.pcbc.com</a>, or call 800-956-SHOW. 
</b>
</p>

]]></description>
 <dc:date>Fri, 27 Jun 2008</dc:date>
</item>
<item rdf:about="http://www.buildingonline.com/news/viewnews.pl?id=7249&amp;subcategory=106">
 <title><![CDATA[ProBuild Names Robb Rugg as President, Gypsum]]></title>
 <link>http://www.buildingonline.com/news/viewnews.pl?id=7249&amp;subcategory=106</link>
 <description><![CDATA[<p />
Denver, CO (June 25, 2008) - ProBuild Holdings Inc., the nation's largest professional building materials supplier, today announced the appointment of Robert F. Rugg as president, gypsum. Mr. Rugg will oversee all strategic activities for the gypsum business throughout ProBuild and will report to Bill Myrick, ProBuild chief operating officer.
</p>
<p />
"We are pleased to have someone of Robb's caliber join the organization," said Myrick. "His knowledge of the industry, and proven track record, position him as a strong leader for our gypsum business. We will continue to leverage the expertise we've developed in selected geographies and expand the business in markets across the country to better service our customers. I am confident that under his direction we will both broaden the portfolio of gypsum related products and services in existing markets, as well as spread our expertise throughout the ProBuild network of over 550 locations."
</p>
<p />
Mr. Rugg joins ProBuild from The Drake Group, LLC where he managed a large association of independent building material dealers serving residential and commercial segments. Additionally, Robb served as president, James Hardie Gypsum and executive vice president, James Hardie Industries. Prior to James Hardie, Robb worked for USG Corporation for 19 years in various marketing, strategic planning and general management roles including director product &amp; market development, director business development, gypsum wood fiber and general manager, industrial gypsum.
</p>
<p />
Robb earned his Bachelors Degree in Finance from the University of Illinois and earned his MBA from Saint Mary's College of California. Mr. Rugg will relocate to the Denver area and will work out of the ProBuild headquarters.
</p>
<p />
Rich Young, who has been overseeing gypsum operations, will direct the business development functions for gypsum including M&amp;A activities and the integration of newly acquired companies into ProBuild. Rich, as vice president business development, gypsum, will report directly to Robb.
</p>
<p />
<b>About ProBuild </b><br />
ProBuild Holdings is the nation's largest supplier of building materials to professional contractors. ProBuild currently operates more than 550 lumber and building product distribution, manufacturing and assembly centers serving 42 U.S. states.
</p>
<p />
ProBuild sells a broad selection of building materials including lumber and plywood, engineered wood, gypsum and related products, millwork, trusses, roofing, sidings, insulation, metal specialties, hardware and tools. The company's manufacturing activities include trusses, wall panels, millwork, and pre-hung door and window fabrication. Construction services include installation of framing, millwork, insulation, and other products. To learn more about ProBuild, visit their website at <a href="http://www.probuild.com">www.probuild.com</a>.
</p>
<p />
For more information, please contact:<br />
Carolyn Atkinson <br />
ProBuild Holdings <br />
360-350-3167

</p>]]></description>
 <dc:date>Fri, 27 Jun 2008</dc:date>
</item>
<item rdf:about="http://www.buildingonline.com/news/viewnews.pl?id=7231&amp;subcategory=139">
 <title><![CDATA[Builders Call on Congress to Pass Housing Stimulus Bill]]></title>
 <link>http://www.buildingonline.com/news/viewnews.pl?id=7231&amp;subcategory=139</link>
 <description><![CDATA[<p /><b>WASHINGTON -- </b>The National Association of Home Builders (NAHB) has initiated an all-out effort to get Congress to pass badly needed stimulus legislation that will help stabilize the economy and housing market and assist millions of current and potential home owners. A central component of this legislation is a temporary home buyer tax credit to stimulate home purchases by qualified first-time buyers.</p>

<p />With the goal of urging lawmakers to act before their July 4th recess, NAHB is waging its effort on several fronts, including a grassroots lobbying initiative among the association's 235,000 members and an ongoing national advertising campaign.</p>

<p />Among NAHB's more visible efforts are this week's placement of "An Open Letter to Congress" ad in The Washington Post and USA Today and two of the most widely read publications on Capitol Hill, Roll Call and Politico.</p>

<p />Under the headline "A Time for Leadership," NAHB President and West Virginia home builder Sandra Dunn writes that "The landmark housing stimulus legislation now before both the House and Senate would help end the downward housing spiral that is the biggest threat to the health of our economy. Housing is in the grips of the most crippling downturn since the Great Depression, consumer confidence has plunged, economic growth has slowed to a crawl and unemployment lines are growing longer. This is not the time for demagoguery or partisanship. It is the time for flexibility and compromise. It is the time for action."</p>

<p />Legislation currently being debated in Congress includes the all-important temporary home buyer tax credit, which would stimulate home buying and reduce excess supply in housing markets. NAHB Executive Vice President and CEO Jerry Howard calls this element "the best stimulative measure - it will get buyers off the fence, shore up home prices and halt the downward spiral in the housing market."</p>

<p />The legislation also includes several other provisions to help revive housing and the economy, including FHA modernization, reform of housing government sponsored enterprises Fannie Mae and Freddie Mac, expansion of the mortgage revenue bond program and enhancement of the Low Income Housing Tax Credit to help spur production of much needed affordable rental housing.</p>

<p />To view the letter to Congress, visit: <a href="http://www.nahb.org/openletter">www.nahb.org/openletter</a></p>

]]></description>
 <dc:date>Thu, 26 Jun 2008</dc:date>
</item>
<item rdf:about="http://www.buildingonline.com/news/viewnews.pl?id=7229&amp;subcategory=171">
 <title><![CDATA[Consumer Confidence Tumbles in June]]></title>
 <link>http://www.buildingonline.com/news/viewnews.pl?id=7229&amp;subcategory=171</link>
 <description><![CDATA[<p />The Conference Board Consumer Confidence Index, which had declined in May, declined even further in June. The Index now stands at 50.4, down from 58.1 in May. The Present Situation Index decreased to 64.5 from 74.2. The Expectations Index declined to 41.0 from 47.3 in May.</p>

<p />Says Lynn Franco, Director of The Conference Board Consumer Research Center: "This month's Consumer Confidence Index is the fifth lowest reading ever. Consumers' assessment of present-day conditions continues to grow more negative and suggests the economy remains stuck in low gear. Looking ahead, consumers' economic outlook is so bleak that the Expectations Index has reached a new all-time low. Perhaps the silver lining to this otherwise dismal report is that Consumer Confidence may be nearing a bottom."</p>

<p />Consumers' assessment of present conditions grew dimmer in June. Those claiming business conditions are "bad" increased to 32.5 percent from 29.7 percent, while those claiming business conditions are "good" declined to 11.5 percent from 13.0 percent last month. Consumers' appraisal of the job market was also more pessimistic. Those saying jobs are "hard to get" increased to 30.5 percent from 28.3 percent in May. Those claiming jobs are "plentiful" declined to 14.1 percent from 16.1 percent.</p>

<p />Consumers' short-term expectations deteriorated further in June. Those expecting business conditions to worsen over the next six months rose to 33.9 percent from 32.9 percent, while those anticipating business conditions to improve decreased to 8.8 percent from 10.6 percent in May.</p>

<p />The outlook for the labor market was also more pessimistic. The percent of consumers expecting fewer jobs in the months ahead increased to 35.5 percent from 32.3 percent, while those anticipating more jobs declined to 8.0 percent from 9.0 percent. The proportion of consumers expecting their incomes to increase declined to 12.3 percent from 14.1 percent.</p>]]></description>
 <dc:date>Thu, 26 Jun 2008</dc:date>
</item>
<item rdf:about="http://www.buildingonline.com/news/viewnews.pl?id=7230&amp;subcategory=215">
 <title><![CDATA[J.D. Power and Associates Releases Contractor Cabinetry Satisfaction Survey]]></title>
 <link>http://www.buildingonline.com/news/viewnews.pl?id=7230&amp;subcategory=215</link>
 <description><![CDATA[<p /><b>WESTLAKE VILLAGE, CA -- </b>Quality Cabinets ranks highest among cabinet brands in satisfying new-home builders and remodelers, according to the J.D. Power and Associates/McGraw-Hill Construction 2008 Builder and Remodeler Cabinet Satisfaction Study(SM) released this week.</p>

<p />The study, now in its second year, is designed to provide comprehensive information to assist cabinet manufacturers in their efforts to improve customer satisfaction. Overall builder and remodeler satisfaction with cabinets is based on performance in eight factors (in order of importance): warranty and replacement service (18%); customer service and support (14%); product installation and durability (14%); price (12%); delivery (11%); ordering process (11%); product features (11%); and credit/billing process (9%).</p>

<p />Quality Cabinets performs particularly well in four of the eight factors: product installation and durability; price; product features; and credit/billing process. Quality Cabinets is closely followed in the rankings by American Woodmark, which performs particularly well in the customer service and support, delivery and ordering process factors. Following American Woodmark in the rankings is Mid Continent Cabinetry, which performs well in the warranty and replacement service factor.</p>

<p />The study finds that the industry average has improved to 753 on a 1,000-point scale from 730 in 2007.</p>

<p />"Overall, in a highly competitive industry, cabinet firms have demonstrated considerable improvement since 2007 and are doing a very good job of satisfying their builder and contractor customers," said Jim Howland, senior director of the real estate and construction practice at J.D. Power and Associates. "An opportunity exists for firms to differentiate themselves by focusing on service-related aspects of the customer experience, since cabinet durability and features tend to be rather similar across manufacturers."</p>

<p />The study also finds that 83 percent of builders and remodelers indicate that they received their products on time and as ordered when considering their most recent experience with a cabinet brand -- an increase of 13 percent since 2007.</p>

<p />"For those builders and remodelers that have problems with their orders, good warranty and replacement service from a manufacturer can help salvage a builder's schedule and minimize costly delays," said Burleigh Morton, senior director of research and analytics at McGraw-Hill Construction. "Although it's best to make every effort to provide accurate shipments that arrive unblemished, when a problem does happen, builders appreciate a cabinet vendor that will quickly make things right."</p>

<p />The 2008 Builder and Remodeler Cabinet Satisfaction Study is based on 1,356 evaluations from over 1,100 new-home builders and remodelers who ordered and purchased cabinets within the previous 12 months. Respondents were asked to evaluate their primary and/or secondary cabinet brands (defined as the brands they used most often). The study was fielded between March and May 2008.</p>


<p /><b>Customer Satisfaction Index Ranking  (Based on a 1,000-point scale) </b></p>

 <p />Quality Cabinets 777<br />
 American Woodmark 775</p>

 <p />Mid Continent Cabinetry 756<br />
 Industry Average 753<br />
 Merillat Industries 750<br />
 KraftMaid Cabinetry 749</p>

 Aristokraft Cabinetry 743</p>


<p /><b>J.D. Power.com Power Circle Ratings For Consumers</b></p>

 <p />Power Circle Ratings Legend:<br />
 5 - Among the best<br />
 4 - Better than most<br />
 3 - About average<br />
 2 - The rest</p>


 <p />Quality Cabinets 5<br />
 American Woodmark 5</p>

 <p />Mid Continent Cabinetry 3<br />
 Industry Average 3<br />
 Merillat Industries 3<br />
 KraftMaid Cabinetry 3</p>

 <p />Aristokraft Cabinetry 2</p>




]]></description>
 <dc:date>Thu, 26 Jun 2008</dc:date>
</item>
<item rdf:about="http://www.buildingonline.com/news/viewnews.pl?id=7228&amp;subcategory=9">
 <title><![CDATA[New-Home Sales Decline 2.5 Percent In May]]></title>
 <link>http://www.buildingonline.com/news/viewnews.pl?id=7228&amp;subcategory=9</link>
 <description><![CDATA[<p />Sales of new single family houses declined 2.5 percent in May, to a seasonally adjusted annual rate of 512,000.  The data was released today by the U.S. Census Bureau and the Department of Housing and Urban Development. It is also 40.3 percent below new homes sales at this time last year.</p>

<p />"The nation's housing market clearly continues to display fundamental weakness, and today's numbers are in line with what builders have been telling us in our regular surveys," said NAHB Chief Economist David Seiders. "Home builders have been doing everything they can to limit the production of new units and move existing inventory, but it hasn't been enough to make a significant dent in the backlog yet," he said. "A temporary home buyer tax credit would help release some of the pent-up demand among potential buyers who are holding off on a home purchase in hopes of prices going lower. This, in turn, could provide a significant shot in the arm for the overall economy."</p>

<p />Commerce's report indicated that the inventory of new homes for sale fell 1.7 percent in May to 453,000 units, which is a 10.9-month supply at the current sales pace.</p>

<p />Regionally, sales were down 7.9 percent in the Northeast and 11.6 percent in the West in May. Sales gained 5.1 percent in the Midwest and rose a marginal 0.4 percent in the South.</p>

]]></description>
 <dc:date>Thu, 26 Jun 2008</dc:date>
</item>
<item rdf:about="http://www.buildingonline.com/news/viewnews.pl?id=7240&amp;subcategory=6">
 <title><![CDATA[Anchorage HomEXPO September 12-14, 2008]]></title>
 <link>http://www.buildingonline.com/news/viewnews.pl?id=7240&amp;subcategory=6</link>
 <description><![CDATA[<p />The 2008 Anchorage HomeXPO will take place September 12-14, 2008 at the George Sullivan Sports Arena in Anchorage, Alaska.</p>

<p />The show will feature all the latest products in remodeling, decorating, home offices, and technology.  Admission is free to the public!</p>

<p />Learn more at: <a href="http://www.auroraproductions.net/home-expo.html">http://www.auroraproductions.net/home-expo.html</a></p>]]></description>
 <dc:date>Wed, 25 Jun 2008</dc:date>
</item>
<item rdf:about="http://www.buildingonline.com/news/viewnews.pl?id=7238&amp;subcategory=171">
 <title><![CDATA[Boston Big Dig Contractor Files for Bankruptcy Day After Criminal Charges Filed]]></title>
 <link>http://www.buildingonline.com/news/viewnews.pl?id=7238&amp;subcategory=171</link>
 <description><![CDATA[<p />One of the primary contractors involved with Boston's multi-billion dollar Big Dig project has filed for Chapter 11 bankruptcy protection the day after being charged with overbilling and poor work quality. </p>

<p />Read more at the <a href="http://www.reuters.com/article/marketsNews/idINN2346373620080623?rpc=44">Boston Herald</a></p>

]]></description>
 <dc:date>Wed, 25 Jun 2008</dc:date>
</item>
<item rdf:about="http://www.buildingonline.com/news/viewnews.pl?id=7247&amp;subcategory=157">
 <title><![CDATA[Builders: Enter iLevel by Weyerhaeuser's $150,000 Great Frame Giveaway]]></title>
 <link>http://www.buildingonline.com/news/viewnews.pl?id=7247&amp;subcategory=157</link>
 <description><![CDATA[<p />&amp;#8232;In an effort to help support builders during a tough market, iLevel by Weyerhaeuser is giving away five grand prizes of optimized structural framing packages that combine high-quality products and services from well-known brands such as Trus Joist&amp;reg; and Structurwood&amp;reg;, worth up to $20,000 each. Grand prize winners will also receive a trip for two to the 2009 International Builders' Show in Las Vegas, including airfare, two-nights' accommodation, and $500 cash. Other winners will receive prizes such as golf bags, Carhartt&amp;reg; jackets, and gas and gift cards. To enter The Great Frame Giveaway Sweepstakes, builders can register at the official Web site, <a href="http://www.TheGreatFrame.com">TheGreatFrame.com</a> before November 30, 2008.</p>

<p />Participants can enter the contest once every calendar month. Grand prize winners will be selected from a random drawing on or about December 30, 2008, from among all eligible entries received. Weekly drawings will also be held during the duration of the contest for a variety of prizes. For official sweepstakes rules, please visit <a href="http://www.ilevel.com/aboutilevel/greatframe/gfg_rules.aspx">www.ilevel.