When is a Smart Time to Buy Machinery? Wendy Boyd Determining the smartest time to buy machinery depends on various factors, including your specific needs, budget, market conditions, and the nature of machinery itself. When we have a conversation with our customers to help them determine their machinery requirements and decide whether it is... Read More July 2023 Issue #15288 Page 17
Increase Net Profits by Properly Understanding, Scheduling, and Processing Rush Orders Todd Drummond The summertime build season is upon the industry. For most wood component manufacturers (CM), and other manufactured suppliers of building materials, the lead time of new orders typically easily exceeds four weeks. Inevitably, a salesperson will ask, “Hey, can you do me a favor? I have an... Read More July 2023 Issue #15288 Page 25
The Robust Pace of Commercial Financing Carl Villella Economic activity, as we see it here at Acceptance Leasing and Financing Service, is robust. If the current pace of funded deals continues as it has for the first six months of 2023, we will have a banner year, surpassing any year in our 30-year history. We are funding transactions from a... Read More July 2023 Issue #15288 Page 58
Four Examples of Process Improvement Considerations Todd Drummond Right now, many CMs are waking up to the increased pressures of a slowing home-building market, and all the capital investments they have made are just not going to be enough because all their competition has done the same. Now that the new build season is ramping up to full swing, the ones who... Read More June 2023 Issue #15287 Page 27
The End of Interest Rate Hikes? Carl Villella For those concerned that interest rate hikes will continue, the Fixed Income team at the Capital Group believe the last hike of 0.25% in early May will most likely be its last of the cycle. Many economists share that perception. After 10 consecutive hikes by the Fed, inflation is cooling at... Read More June 2023 Issue #15287 Page 64
CS150 Shows Revenue Gains Dropped, Big Differences Persisted Between Lumberyards, Home Centers, Specialty Dealers Craig Webb Dramatic falls in lumber prices caused America’s biggest sellers of building materials to record in 2022 less than half the revenue gain they achieved the year before, Webb Analytics’ latest Construction Supply 150 (CS150) reveals. The group, which arguably accounts for two-thirds... Read More June 2023 Issue #15287 Page 86
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... Read More May 2023 Issue #15286 Page 27
The Advantages of Using a Broker Carl Villella If there is a lesson to be learned from the recent collapse of Silicon Valley Bank in March, and the ripple effect that caused a run on Signature Bank, along with the staggering declines in the share prices of First Republic Bank and PacWest Bancorp, it is this: it’s unwise to depend... Read More May 2023 Issue #15286 Page 67
Positive Trends Provide Hope for a Late Year Recovery Lesko Financial Services Team At the start of a new quarter, the economy is continuing its bumpy ride toward recovery while still showing mixed signals. Forecasts going forward are for slower growth throughout the next two quarters before picking up steam in the latter part of this year and going into the next. There are... Read More May 2023 Issue #15286 Page 86
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... Read More April 2023 Issue #15285 Page 25