HGTVPro Industry Business News http://www.hgtvpro.com The latest business news from the homebuilding industry. en-us Wed, 09 Jul 2008 02:07:14 GMT Wed, 09 Jul 2008 02:07:14 GMT http://blogs.law.harvard.edu/tech/rss 60 Fastfwd Rss_Export v1.0 Boston Big Dig Contractor Files for Bankruptcy Day After Criminal Charges Filed http://www.hgtvpro.com/hpro/nws_econ_fin_bus_nws/article/0,2624,HPRO_26528_5893915,00.html One of the primary contractors involved with Boston's multi-billion dollar Big Dig project has filed for Chapter 11 bankruptcy protection the day after being charged with overbilling and poor work quality. Wed, 25 Jun 2008 04:00:00 GMT http://www.hgtvpro.com/hpro/nws_econ_fin_bus_nws/article/0,2624,HPRO_26528_5893915,00.html One of Minnesota's Largest Homebuilders Files Chapter 11 http://www.hgtvpro.com/hpro/nws_econ_fin_bus_nws/article/0,2624,HPRO_26528_5889595,00.html MW Johnson Construction Inc. located in suburb of Minnneapolis, filed for Chapter 11 bankruptcy reorganization this week, the latest in a string of builder bankruptcies brought about by the weak housing market. Wed, 18 Jun 2008 04:00:00 GMT http://www.hgtvpro.com/hpro/nws_econ_fin_bus_nws/article/0,2624,HPRO_26528_5889595,00.html Simpson Manufacturing Co., Inc. Announces the Acquisition of ProTech Systems, Inc. http://www.hgtvpro.com/hpro/nws_econ_fin_bus_nws/article/0,2624,HPRO_26528_5889593,00.html Simpson Manufacturing Co., Inc. announced that its subsidiary, Simpson Dura-Vent Company, Inc. purchased 100% of the equity of ProTech Systems, Inc., a New York manufacturer of and distributor venting products. The purchase price (subject to post-closing adjustment) was $7.5 million in cash, plus an additional earn-out of up to $2.25 million if certain future performance targets are met. Wed, 18 Jun 2008 04:00:00 GMT http://www.hgtvpro.com/hpro/nws_econ_fin_bus_nws/article/0,2624,HPRO_26528_5889593,00.html Beazer Pulling Up Stakes in Colorado http://www.hgtvpro.com/hpro/nws_econ_fin_bus_nws/article/0,2624,HPRO_26528_5885250,00.html Beazer Homes is leaving the Rocky Mountain State, just one more retrenchment move made by builders all over the country as the housing market continues to stagnate. Wed, 11 Jun 2008 04:00:00 GMT http://www.hgtvpro.com/hpro/nws_econ_fin_bus_nws/article/0,2624,HPRO_26528_5885250,00.html