Question of the Day: Trusses and Pressure Treated Lumber Stan Sias The phone rang this morning and the caller said that “they had a real quick question.” They went on to ask if “standard truss plates could be used with pressure treated lumber?” Hmmmm…the questions that some questions prompt. It sort of reminds me of the... Read More January 2016 Issue #09198 Page 4
Advertiser Forum: Valuing Relationships in Business Anna Stamm Obviously, we all make decisions based on value. Cost vs. benefit. Risk vs. reward. But too often, we are all encouraged to think of value only in terms of dollars and cents. Too be sure, money plays a big part, but it’s not always simple and straightforward. Building... Read More January 2016 Issue #09198 Page 10
Bearing Lubrication Sean Hubbard Bearing lubrication is essential to the longevity of the equipment’s lifespan. Proper lubrication will assist in reducing bearing failures and keep the production equipment producing revenue. There are many factors that contribute to inadequate lubrication, today we will focus on just... Read More January 2016 Issue #09198 Page 11
Overcoming Obstacles and Profiting with a New Perspective Todd Drummond Industry’s averages for net-profits-to-sales ratio: Below average – 0% to 9% Average – 10% to 12% Common to see – 13% to 19% High return more common than most know– Greater than 20% (No B.S.) Do you know how well your company did in comparison to... Read More January 2016 Issue #09198 Page 20
2016……Wait….What?!?! Carl Schoening That was my reaction when I realized last week that 2016 was right around the corner. Well, actually I hit a stark realization around the middle of December when I had a birthday and could not figure out how I got here. You know, to this place in time. It seems like yesterday that I was a hairy... Read More January 2016 Issue #09198 Page 30
Report Card: How Did Layman's Lumber Forecasts Do In 2015? Matt Layman A couple of weeks ago Thom McAnally, publisher of Component Advertiser, asked if I would write a summary of how following Layman's Lumber Guide Forecasts helped/ or could have helped you in 2015. My first inclination was to create the graph below to determine that 37 of 52 weeks, our lumber... Read More January 2016 Issue #09198 Page 36
The Last Word: Enriching Our Work From a Distance Joe Kannapell This time of year, when most job changes occur, we need to especially engage our remote employees. We must nurture, retain and recruit more of these people who don’t have an office, but have become the backbone of many companies. Truss designers, bookkeepers, and IT people increasingly... Read More January 2016 Issue #09198 Page 45