Builder

Howard Hughes Announces First Four Homebuilders for Teravalis™

Retrieved on: 
Wednesday, April 3, 2024

As one of the nation’s leading homebuilders, Lennar builds homes across the homebuying spectrum, catering to all lifestyles and family dynamics.

Key Points: 
  • As one of the nation’s leading homebuilders, Lennar builds homes across the homebuying spectrum, catering to all lifestyles and family dynamics.
  • “With a history of successful partnerships with Howard Hughes in various submarkets, Brightland Homes has witnessed their unwavering commitment to excellence in realizing visionary developments.
  • “Courtland Communities is excited to be partnering with Howard Hughes in this groundbreaking master planned community of Teravalis.
  • The grand opening of Floreo is currently slated for 2025, with additional homebuilders to be announced in the upcoming months.

ABC Files Lawsuit Against President Biden’s Anti-Competitive Project Labor Agreement Rule for Federal Construction Projects

Retrieved on: 
Thursday, March 28, 2024

ABC’s complaint asserts that President Joe Biden lacks the legal and constitutional authority to impose a new federal regulation injuring economy and efficiency in federal contracting and illegally steering construction contracts to certain unionized contractors, which employ roughly 10% of the U.S. construction workforce.

Key Points: 
  • ABC’s complaint asserts that President Joe Biden lacks the legal and constitutional authority to impose a new federal regulation injuring economy and efficiency in federal contracting and illegally steering construction contracts to certain unionized contractors, which employ roughly 10% of the U.S. construction workforce.
  • ABC estimates the Biden pro-PLA policy will affect at least 180 federal construction contracts valued at $16 billion across America on an annual basis, including several federal construction contracts for projects in Jacksonville and dozens of projects in Florida and the Southeast.
  • “ABC has heard from large and small federal contractors—including firms signatory to union agreements—and concerned federal agency contracting officers that the Biden administration’s controversial PLA policy has already stifled competition and raised costs on federal construction contracts in Florida and across the country.
  • ABC members won 54% of the $205.56 billion in federal contracts worth $35 million or more during fiscal years 2009-2023 and built award-winning projects safely, on time and on budget, without unnecessary government-mandated PLAs.

New Book Brain Builders Workshop Inspires Middle School Classrooms

Retrieved on: 
Tuesday, April 9, 2024

HANMER, ON, April 9, 2024 /PRNewswire-PRWeb/ -- In a groundbreaking new book release, "Brain Builders Workshop: Teaching Motivation to Middle School Students," long-time educator Conrad Andrews shares a transformative teaching approach that promises to redefine middle school education. Drawing from two decades of teaching experience and educational innovation, this book offers a comprehensive guide to fostering a growth mindset, teaching motivation, and cultivating positivity in education.

Key Points: 
  • Brain Builders Workshop: Teaching Motivation to Middle School Students by Conrad Andrews and Dylan Callens revolutionizes middle school education with innovative strategies for fostering a growth mindset and teaching motivation.
  • HANMER, ON, April 9, 2024 /PRNewswire-PRWeb/ -- In a groundbreaking new book release, "Brain Builders Workshop: Teaching Motivation to Middle School Students," long-time educator Conrad Andrews shares a transformative teaching approach that promises to redefine middle school education.
  • With Brain Builders Workshop, I aim to provide teachers with the strategies they need to transform their classrooms and help their students reach their full potential."
  • "Brain Builders Workshop: Teaching Motivation to Middle School Students is an essential resource for middle school teachers, educators, and anyone interested in promoting a growth mindset and positivity in education.

Josh Cyphers Joins Hyphen Solutions as General Manager, Payments

Retrieved on: 
Friday, March 22, 2024

Hyphen Solutions, a pioneer in cloud-based residential construction technology, is pleased to announce the appointment of Josh Cyphers as General Manager, Payments.

Key Points: 
  • Hyphen Solutions, a pioneer in cloud-based residential construction technology, is pleased to announce the appointment of Josh Cyphers as General Manager, Payments.
  • With a distinguished career spanning leadership roles at renowned companies including Microsoft, Nike, and Fiserv, Josh brings a wealth of experience and expertise to Hyphen Solutions.
  • "We are thrilled to welcome Josh to the Hyphen family," said Felix Vasquez, CEO of Hyphen Solutions.
  • Josh Cyphers' appointment as General Manager, Payments, underscores Hyphen Solutions' commitment to innovation and excellence in the residential construction software industry.

United Homes Group Wins the 2024 Builder of the Year Award from Builder Magazine

Retrieved on: 
Wednesday, April 3, 2024

NEWPORT BEACH, Calif., April 3, 2024 /PRNewswire-PRWeb/ -- Zonda today announced United Homes Group (UHG) as the 2024 recipient of the highly anticipated Builder of the Year award, bestowed by BUILDER magazine, a Zonda Media publication. The award will be presented live at the 35th annual Builder 100 Leadership Summit in Dana Point, California, in May.

Key Points: 
  • NEWPORT BEACH, Calif., April 3, 2024 /PRNewswire-PRWeb/ -- Zonda today announced United Homes Group (UHG) as the 2024 recipient of the highly anticipated Builder of the Year award, bestowed by BUILDER magazine , a Zonda Media publication.
  • The award will be presented live at the 35th annual Builder 100 Leadership Summit in Dana Point, California, in May.
  • "United Homes Group has had a remarkable year—becoming the first publicly traded home builder in roughly five years and quickly following up with several acquisitions.
  • Just two months later, it acquired Rosewood Communities, and, in early 2024, it acquired Creekside Custom Homes, both in South Carolina.

ABC Announces 2024 Top-Performing US Construction Contractors

Retrieved on: 
Monday, February 26, 2024

WASHINGTON, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Associated Builders and Contractors today released its 2024 Top Performers lists, recognizing its contractor members’ outstanding achievements in safety, quality, inclusion, project excellence and special designations ranked by number of hours worked.

Key Points: 
  • WASHINGTON, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Associated Builders and Contractors today released its 2024 Top Performers lists, recognizing its contractor members’ outstanding achievements in safety, quality, inclusion, project excellence and special designations ranked by number of hours worked.
  • 1 2024 ABC Top Performer by work hours is Turner Industries Group LLC, Baton Rouge, Louisiana; followed by Skanska Building Inc., Franklin, Tennessee; BL Harbert International, Birmingham, Alabama; Brown & Root Industrial Services, Baton Rouge, Louisiana; and Performance Contractors, Baton Rouge, Louisiana.
  • “These top contractors build the nation’s most enduring, innovative, high-quality construction projects, and their leadership teams and employees have thriving, growth-centric mindsets, strategic plans and goals,” said Michael Bellaman, president and CEO of ABC.
  • Through credentials like STEP, AQC and other robust programs, ABC Top Performers demonstrate they:
    Sustain and grow their businesses, financially and economically

LP Building Solutions Awarded Five Prestigious Honors for Structural Solutions Products, Recognized for Product Excellence and Sustainability

Retrieved on: 
Tuesday, March 5, 2024

LP Building Solutions (LP), a leading manufacturer of high-performance building products, today announced several accolades garnered by its Structural Solutions portfolio, further solidifying its commitment to innovation and sustainability.

Key Points: 
  • LP Building Solutions (LP), a leading manufacturer of high-performance building products, today announced several accolades garnered by its Structural Solutions portfolio, further solidifying its commitment to innovation and sustainability.
  • View the full release here: https://www.businesswire.com/news/home/20240305804860/en/
    BUILD Magazine, PRODUCTS Magazine, and Green Builder Media recognized the LP® Structural Solutions portfolio for its exceptional product quality and sustainable attributes.
  • (Photo: Business Wire)
    Three distinguished industry authorities—BUILD Magazine, PRODUCTS Magazine, and Green Builder Media—recognized the LP® Structural Solutions portfolio for its exceptional product quality and sustainable attributes.
  • In September 2023, LP announced that five products within its Structural Solutions portfolio— LP® TechShield® Radiant Barrier , LP WeatherLogic® Air & Water Barrier , LP Legacy® Premium Sub-Flooring , LP® FlameBlock® Fire-Rated Sheathing and LP® TopNotch® 350 Durable Sub-Flooring —are carbon negative.

Beazer Homes and Partners Donate $1.9 Million to Fisher House Foundation

Retrieved on: 
Friday, March 1, 2024

Beazer Homes, alongside their partners, proudly announced the donation of $1.9 million to Fisher House Foundation this week.

Key Points: 
  • Beazer Homes, alongside their partners, proudly announced the donation of $1.9 million to Fisher House Foundation this week.
  • View the full release here: https://www.businesswire.com/news/home/20240301860088/en/
    Beazer Homes employees, trade partners and Fisher House staff gathered in Las Vegas to celebrate their fundraising efforts.
  • (Photo: Business Wire)
    The donation represents the culmination of extensive fundraising efforts by Beazer Homes employees, bolstered by the generous contributions from partners who directly donated to Fisher House.
  • Speaking on behalf of Beazer Homes, President and CEO Allan Merrill underscored the company's deep-rooted partnership with Fisher House Foundation, highlighting its significance as the company’s national charity partner.

Builders FirstSource Increases Stock Repurchase Plan to $1 Billion

Retrieved on: 
Thursday, February 22, 2024

Builders FirstSource, Inc. (NYSE: BLDR) announced that on February 21, 2024, its Board of Directors authorized the repurchase of up to $1.0 billion of the Company’s outstanding shares of common stock, inclusive of the approximately $200 million remaining outstanding in the prior share repurchase plan authorized in April 2023.

Key Points: 
  • Builders FirstSource, Inc. (NYSE: BLDR) announced that on February 21, 2024, its Board of Directors authorized the repurchase of up to $1.0 billion of the Company’s outstanding shares of common stock, inclusive of the approximately $200 million remaining outstanding in the prior share repurchase plan authorized in April 2023.
  • “The Board’s increased share repurchase authorization reflects our strong conviction in the Company’s strategy, operating model, and ability to generate robust free cash flow,” said Paul S. Levy, Chairman of Builders FirstSource.
  • The timing and amount of any share repurchases under the share repurchase program will be determined by Builders FirstSource at its discretion based on ongoing assessments of the capital needs of the business, the market price of Builders FirstSource’s common stock, and general market conditions.
  • The program does not obligate Builders FirstSource to acquire any particular amount of its common stock, and the share repurchase program may be suspended or discontinued at any time at the Company’s discretion.

Builders FirstSource Reports Fourth Quarter and Full Year 2023 Results; Provides 2024 Financial Outlook

Retrieved on: 
Thursday, February 22, 2024

Builders FirstSource, Inc. (NYSE: BLDR) today reported its results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • Builders FirstSource, Inc. (NYSE: BLDR) today reported its results for the fourth quarter and full year ended December 31, 2023.
  • For the fourth quarter, Adjusted EBITDA decreased 1.6% to $685.5 million, primarily driven by lower net sales.
  • The Company repurchased $1.8 billion of shares in 2023, reducing its total shares outstanding by 12.2% in 2023.
  • Builders FirstSource will host a conference call and webcast on Thursday, February 22, 2024, to discuss the Company’s financial results and other business matters.