Todd Drummond

Record CM Building Industry Net Profits are Coming to an End Sooner Than Most Believe

Todd Drummond

What a ride it has been for the vast majority of the component manufacturing (CM) for wood trusses and wall panels in North America the past few years. The demand for new homes outpaced the supply capacity of most homebuilders and those who suppy them. This record-breaking rate of building...

#14273 Cover image
April 2022
Issue #14273
Page 35
Tracy Roe

TrueBuild® Batch – Every Minute Counts

Tracy Roe

Our industry is experiencing unprecedented times. Never before has production capacity been at such a premium. We have seen different markets get active in the past but nothing like this. Right now in the United States, manufacturers can’t keep up with the demand for metal plate connected...

#14273 Cover image
April 2022
Issue #14273
Page 48
Thom McAnally

Building Transformative Supply Chain Management Relationships

I am, or was, an off-site construction manufacturing turnaround guy. I believe in Lean and 6-Sigma in concept, but I also know that implementing them within a company is hard. Not allowing people to slip back into their old ways is even harder. Many programs go by the wayside once management...

#14273 Cover image
April 2022
Issue #14273
Page 78
Todd Drummond

Millions of Dollars for New Equipment and Building Investments are Being Wasted

Todd Drummond

Expanding the manufacturing capacity within the component manufacturing (CM) industry for wood trusses and wall panels is at a fever pitch. The overwhelming majority of CMs have the same limited capacity issue trying to keep up with sales, which led to excellent record-breaking sales volumes and...

#14272 Cover image
March 2022
Issue #14272
Page 35
Tracy Roe

Management Software How YOU Want It

Tracy Roe

We have spent the last few months talking about management software being flexible. No two operations are exactly the same, so why should your software be the same? Our team has built TrueBuild® Job Management from the ground up with adaptability at its core. From the very basic to the...

#14271 Cover image
February 2022
Issue #14271
Page 48
Todd Drummond

Record-Breaking EBITA Exceeded Mid-Twenties for Many CMs for 2021

Todd Drummond

Last year should have been a record profit year for wood truss and wall panel component manufacturers (CM). Many of my clients have mid to upper-twenties EBITA. A few made it to the mid-thirties of their total sales. Yet, so many find this hard to believe. Too many believe mid to high teens for...

#14270 Cover image
January 2022
Issue #14270
Page 35
Todd Drummond

How to Lose Millions of Profits with Linear Saws and Two-Person Crews

Todd Drummond

There has been a big push to reduce labor. In response, more than one equipment vendor has suggested that component manufacturers (CM) should purchase linear saws directly tied to roof gantry tables. The idea is simple: fewer crew members and more automation to increase efficiencies and reduce...

#13269 Cover image
December 2021
Issue #13269
Page 35
Carl Villella

Business Tax Savings with Section 179 Deduction

Carl Villella

One of the most efficient and popular tax breaks for small to midsize businesses is the Section 179 tax deduction, and if you’re not currently taking advantage of it, you should certainly consider doing so. Here is how it is defined: Section 179 is an immediate expense deduction that...

#13269 Cover image
December 2021
Issue #13269
Page 78
Carl Villella

Economic Outlook and Planning in the Third Quarter

Carl Villella

Economic studies prepared by the multinational professional services company, KPMG, show that the pace of job gains has slowed due to the Delta variant and is leading to a reduction of economic activity in the 3rd Quarter of 2021. KPMG lowered its 3rd Quarter GDP growth numbers from 6.4% to...

#13268 Cover image
November 2021
Issue #13268
Page 83
Carl Villella

How is the Delta Variant Affecting the Economy?

Carl Villella

According to a recent Wall Street Journal article written by Josh Mitchell, the economy is holding up quite well. “Resilient” is the word he used to describe the situation. “Households have plenty of money,” he quotes a chief economist as saying. While travel has...

#13267 Cover image
October 2021
Issue #13267
Page 81
124678910Last

Search By Keyword

Issues

Book icon Issuu Bookshelf