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.
Following three consecutive months of declines, existing
home sales rose 1.3 percent in April to a 4.65 million-unit rate. Inventories
reached their highest level since August 2012. Condo sales jumped 7.3 percent.
We finally got some good news on housing. Housing starts
rose 13.2 percent to a 1.072 million unit pace in April, following a 2.0 percent
rise in March. Housing permits rose 8 percent to a 1.08 million unit pace.