Part VIII: Trackless Gantries In the 1990s, a storm began brewing in the component business. It started on the Eastern Seaboard when Carolina Builders bought a truss plant in Tidewater, Virginia. Later, it gained strength when Builders Supply & Lumber (BSL) opened a series of greenfield...

I applaud employers who haven’t laid people off so far, but I can’t help but think of 2007 when hiring quickly dried up. Back then, hiring slammed on the brakes while the rest of the economy slowly ground to a halt over the next year. This time, it is not a financial problem...

If you watch the 24/7 news cycle, then you may think that the world as we know it is coming to an end. Yes, COVID-19 is affecting everyone, everywhere, but to different extents. If you are in a non-essential business, you’re hurting. Some component manufacturers in locked down states are...

LLG Crystal Ball Says Speedy Recovery I do not forecast the lumber market, rather how and when folks who buy, sell, and produce lumber will act or react. As for the economy and its recovery from this pandemic disruption, I only need to remember and expect one thing. Economies are consumer...

Larry Dix and I had to leave Texas to find jobs in the 1980s, as oil had crashed, and no one was buying our trusses. Back then, oil was $25. Today, they’re giving it away. Both Larry and I landed and recovered in Virginia, where government spending levels out the economy (we hope)! No...

I am not talking about stocks, bonds, markets, or even finance. Speaking from experience as a recruiter for over 27 years, I see signs that 2020 is probably going to be OK as far as the building components manufacturing job market goes. My employers are saying they don’t see growth like in...

Just in case you haven’t looked out your window lately, new home construction is happening everywhere, especially on the East and West Coast. Traditional new home site builders are facing labor shortages in not only skilled trades but also in basic framing. This shortage is having a...

In our lumber market, when presented with a disruptive opportunity that appears to create a supply shortage or demand surge, buyers increase inventory on the expectation of higher prices; then, once we realize our over-zealous preparation, we liquidate those excessive positions, crashing prices....

Let’s give thanks to this component industry, for still paying us after all these 50+ years. While so many others have been laid off or retired early, we are still standing tall. Even as the lifeblood of our industry, housing starts, are down 50% since I came on board. Even as four major...

Our lumber market is notorious for over and under producing its products. The relationship between supply and demand is constantly in flux. When producers make decisions to increase supply, it is in response to a relatively long term period of increased prices where there is the perception of a...