In 1989, Delta Gypsum started in Graham, North Carolina as a distributor of wallboard and related building products. Its current headquarters is in Wake Forest, North Carolina. Founded by Phil Ritchie, the legacy of this mid-Atlantic based premium distributor continues on its family roots and traditions with David Ritchie and John Kindt. The new leadership ushers in the next generation of family to keep growing and serving the many loyal customers and friends we have had for years.
Housing starts surged 22.7 percent in November to a 1.091
million-unit pace. Single-family starts jumped 20.8 percent, while multifamily
starts spiked 26.8 percent. The gains are likely exaggerated by seasonal
New home sales rose a solid 25.4 percent in October, but
fell 6.6 percent in September. On a regional basis, gains were broad-based.
However, inventories remained at a historically low level falling on the month.