As lumber prices begin to stabilize, 49% of lumber dealers reported having excess inventory in July, Markets Insider reported. Thirty-two percent of the lumber dealers surveyed reported “normal” inventory conditions, and 19% reported “slightly low” inventory. No survey respondents reported “very tight” inventory, according to the report.
Cali (San Diego) was included on the Inc. 5000 Fastest Growing Private Companies list for the 13th consecutive year. It ranked 4,463 on the list. The flooring company said its sales revenue grew 25% year-over-year to $167.5 million in 2020.
Read Next
