National nonresidential construction spending decreased 0.1% in June, according to an Associated Builders and Contractors analysis of data published by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.241 trillion.

Lexington Manufacturing, a provider of engineered component solutions for the building products industry, has acquired Tru-Cut, Inc., a high-density fiberboard and lumber manufacturer based in Anderson, Indiana. This strategic acquisition marks a significant step in Lexington's continued growth and commitment to delivering operational excellence and long-term value to its customers and partners.

Two iconic and long-time competitors in the contract furniture space are joining forces in a major acquisition. HNI Corporation and Steelcase Inc. have entered into a definitive agreement under which HNI will acquire Steelcase in a cash and stock transaction, with a total value of approximately $2.2 billion to Steelcase common shareholders.

GarageExperts, a provider of garage flooring, custom cabinets, and organizational solutions, announced the opening of its first location in Montana. The Bozeman franchise is owned and operated by construction industry veteran Rich Tritthart.

Once complete, the 15 stores will become part of La-Z-Boy’s Retail reporting segment and will bring the total company-owned store count to 220, 60% of the La-Z-Boy Furniture Galleries store network.

UFP Industries is closing its two facilities including its Edge Prefinished facility in Bonner, Montana, according to company officials speaking during an earnings call with industry analysts.

Atlanta - Georgia-Pacific is sharing the news today that Christian Fischer, president and CEO, announced he is retiring from the company at the end of October and will work to transition his responsibilities beginning in August. Christian joined Georgia-Pacific in 1989 and has held numerous leadership roles. He was named president and CEO in 2017.

SNX announced a partnership with Mar-Bel Associates. Since the late 1950s, Jokile Inc. of Estero, Florida,, doing business as Mar-Bel Associates, has been building machines for the laminate industry. Now, SNX is manufacturing the iconic Mar-Bel single and multi-head slitters in its facility in Sauk Rapids, Minnesota.

Horizon Biofuels, the Nebraska-based pellet manufacturer whose facility was destroyed and three-people killed in a July 29 wood-dust explosion, had previously been cited by the Occupational Safety and Health Administration for violations.

Mercer International Inc. has reported second quarter 2025 Operating EBITDA of negative $20.9 million, a decrease from positive $30.4 million in the same quarter of 2024 and $47.1 million in the first quarter of 2025. In the second quarter of 2025, net loss was $86.1 million compared to $67.6 million in the same quarter of 2024 and $22.3 million in the first quarter of 2025.