Pella buys Efco
Residential window and door manufacturer Pella Corp., of Pella, Iowa, acquired Efco Corp., of Monett, Mo., on Aug. 28 for an undisclosed amount, according to an Aug. 30 Pella release. The aluminum curtain wall, window and storefront company will now be known as Efco, a Pella Company, according to the release … read more
Gas prices to decline
Gasoline prices rose slightly last week in response to the threat of Hurricane Dean should retreat this week, reported, according to an Aug. 27 Tampa Bay Business Journal article … read more
Construction job cuts could exceed 1 million
More than 1 million construction jobs could be lost if a housing downturn causes a recession and tighter credit access limits investment, according to an Aug. 26 reuters.com article.
Nonresidential construction may continue to offset a housing downturn, but recent credit market turmoil indicates job cuts may increase in the next few months, according to the article … read more