Todd Drummond

Will ‘Too Little, Too Late’ Define Your Company?

Todd Drummond

Building history facts: Before the 2008 financial crash, there were about 2,100 wood truss and wall panel component manufacturing (CM) companies across North America. The vast majority of the locations were independently owned and operated. When the worst of the effects of the recession finally...

#15286 Cover image
May 2023
Issue #15286
Page 27
Todd Drummond

A Message of Caution to New Component Manufacturers

Todd Drummond

This message is for the new component manufacturers (CM) who have recently and will shortly be entering the component manufacturing industry for wood trusses or wall panels. First, welcome to the industry – it is very rewarding, but I must caution you about this new endeavor. It is not for...

#15285 Cover image
April 2023
Issue #15285
Page 25
Todd Drummond

How One Wood Truss Industry Leader Uses Industrial Engineering Practices of Work Minutes to Excel

Todd Drummond

We can always learn things from industry leaders, whether we work with them directly or simply appreciate what they have accomplished. A perfect example comes from A-1 Industries and their commitment to using industrial engineering practices and work minutes. Although TDC has not performed...

#15284 Cover image
March 2023
Issue #15284
Page 25
Craig Webb

Deals Report 2022: Tracking the Openings, Closings, and Acquisitions

Craig Webb

Where you wanted to be and what you wanted to sell both figured mightily as factors in construction supply’s acquisition, openings, and closures activity in 2022. Deals were almost as numerous as in 2021, but big deals were rarer. Meanwhile, greenfield openings were far more...

#15284 Cover image
March 2023
Issue #15284
Page 90
Todd Drummond

Money Hides Many Sins (Waste)

Todd Drummond

A trending DIY post shows a long sequence of nail holes alongside a wall-mounted TV with a caption that says, “I knew that stud was in there somewhere.” Meant to be a humorous poke at the times when we’ve attempted new projects, it reveals how sometimes we might not have been...

#15283 Cover image
February 2023
Issue #15283
Page 24
Tracy Roe

Dependability in an Uncertain Environment

Tracy Roe

The most popular outlook for 2023 that I have heard is uncertainty. Nobody has a clear picture of what the new year will bring for our industry. Large investments have been made in talent, equipment, and infrastructure to capitalize on the increased demand over the past two years. What about...

#15283 Cover image
February 2023
Issue #15283
Page 42
Tracy Roe

TrueBuild® Batch – Time Is Money

Tracy Roe

Now more than ever, every process, every motion, literally every minute counts for a component manufacturer. The saying “Time Is Money” couldn’t be more true in our industry. Ultimately, a component manufacturer is simply selling time. They are selling the value they add to raw...

#15282 Cover image
January 2023
Issue #15282
Page 19
Todd Drummond

Don’t Be Blind to Simple Truths for the 2023 Build Season

Todd Drummond

An article written and published by Russ Kathrein on LinkedIn, “The Eyes See What the Brain Believes,” struck a nerve for me. In summary, the statement “believe it when I see it” is more often than not false. As someone who has made a living assisting others for over...

#15282 Cover image
January 2023
Issue #15282
Page 26
Todd Drummond

Proof That Even the Largest Wood Truss CMs are Not Immune to Losing Tens of Millions of Dollars with Outdated Reporting

Todd Drummond

Despite the fantastic profits these past few years, some of the largest wood truss component manufacturers (CM) are losing tens of millions of dollars hidden in plain sight. Talk to any of the executives at these CMs, and they will be able to rattle off the EBITA or other P/L results, yet they...

#14281 Cover image
December 2022
Issue #14281
Page 26
Tracy Roe

Creating Capacity Through Efficiency

Tracy Roe

With today’s high-demand market conditions, capacity is everything. Capacity constraints are widespread across our industry and have been for a while now. Many have added the capacity they can afford in the form of additional equipment. Some have been fortunate enough to add labor to...

#14281 Cover image
December 2022
Issue #14281
Page 46
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