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Sales of new single-family homes slipped 6.6 percent in June to a seasonally adjusted annual rate of 834,000 units as home buyer demand continued to weaken, according to figures released by the U.S. Commerce Department.

Tool manufacturer LENOX is offering professional trades people in the United States and Canada the opportunity to win a VIP vacation package, plus a private lunch with NASCAR driver Jeff Burton.

American Standard Companies Inc. announced that it has signed a definitive agreement to sell the company’s worldwide Bath and Kitchen products business to funds advised by Bain Capital Partners, LLC, a leading global private investment firm, for $1.755 billion in cash.

Weil-McLain, a leader in hydronic heating systems for residential and commercial structures, has named John Way as president.

A total of 34 wholesalers from ASA’s Region 4, including Indiana, Michigan, Ohio, Western Pennsylvania and West Virginia, participated in the North Central Wholesalers Association's survey of business conditions for June and the first six months of 2007.

Second-quarter 2007 sales were up 6.4 percent from the same quarter a year ago. Income, however, represented a loss of $11.5 million.

Falling lumber and structural panel prices have led to the decision to close an additional 24 branches of Stock Building Supply, reducing headcount by 370, primarily in the Midwest.

The U.S. Census Bureau and the Department of Housing and Urban Development jointly announced the following new residential construction statistics for June 2007.

Trends in construction and building sector are the key determinants of demand for plastic pipes.

While construction employment hasn’t fallen as fast as the housing collapse would indicate, according to a recent ADP National Employment Report, U.S. construction jobs could fall by 250,000 by the end of next year.