Wendy Boyd

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...

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July 2023
Issue #15288
Page 17
Todd Drummond

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...

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July 2023
Issue #15288
Page 25
Carl Villella

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...

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July 2023
Issue #15288
Page 58
Todd Drummond

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...

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June 2023
Issue #15287
Page 27
Carl Villella

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...

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June 2023
Issue #15287
Page 64
Craig Webb

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...

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June 2023
Issue #15287
Page 86
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...

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May 2023
Issue #15286
Page 27
Carl Villella

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...

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May 2023
Issue #15286
Page 67
Lesko Financial Services Team

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...

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May 2023
Issue #15286
Page 86
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...

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April 2023
Issue #15285
Page 25
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