Library

Number of search results: 125

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
Todd Drummond

A Stable and Proficient Workforce is Key to Best-in-Class Profits

Todd Drummond

Last month’s article, “Record-Breaking EBITA Exceeded Mid-Twenties for Many Component Manufacturing for 2021,” mentioned a key factor of making best-in-class profits: the highest performers have very low employee turnover and vacancies. Creating a stable and proficient...

#14271 Cover image
February 2022
Issue #14271
Page 35
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
Todd Drummond

The Great Employee Wage Debate

Todd Drummond

A sign that could have appeared in any town has caused quite a stir. The message is direct: “Stimulate your ass to work—Every business in town is hiring.” [For image, See PDF or View in Full Issue.] For business leaders, it aptly voices their frustration when trying to compete...

#13268 Cover image
November 2021
Issue #13268
Page 36
Todd Drummond

Get Free Answers to Your Most Pressing Problems

Todd Drummond

Would you like unbiased advice for problems that your company is facing right now? If so, visit The Minute Clinic! At BCMC Omaha, stop by Booth 315, where our Minute Clinic will give you Free Answers to the most pressing problems you may have. Together with Tony Misura of the Misura Group...

#13267 Cover image
October 2021
Issue #13267
Page 37
Todd Drummond

Solve The Most Pressing Problems with A Different Mindset

Todd Drummond

Chronic employee staffing shortages can be a blatant sign that a company’s employment practices need improvement. One should be very hesitant to blame external forces beyond a given reasonable period. Too many companies are simply blind to their overall company’s poor employee...

#13266 Cover image
September 2021
Issue #13266
Page 37
Matt Layman

Lumber Briefs: Most Valuable Lumber Lesson...EVER!

Matt Layman

That is a pretty bold statement coming from a guy who makes his living giving advice. After a lifetime of making mistakes, overlooking the obvious, and stumbling over attempts to be right, one might think all the big hurdles had been cleared. Not even close. In August, I learned perhaps the...

#13266 Cover image
September 2021
Issue #13266
Page 106
Todd Drummond

Reliable and Profitable Incentive Programs, Scheduling, and Pricing

Todd Drummond

Suppose you want an effective incentive program that improves productivity, saves your company labor cost, and rewards your most valued production crews with additional wages. Perhaps you also want to improve the accuracy of your production scheduling that allows for a proper understanding of...

#13265 Cover image
August 2021
Issue #13265
Page 32
Todd Drummond

CM Equipment Purchasing Do’s and Don’ts

Todd Drummond

Understanding the do’s and don’ts for component manufacturing (CM) equipment purchasing (wood trusses and wall panels) can save or waste your company 100’s of thousands of dollars at the time of purchase and long after. Everyone knows the building economy is on fire, so it...

#13264 Cover image
July 2021
Issue #13264
Page 33
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
Simpson Strong-Tie Staff

How To DIY a Sectional Sofa

Simpson Strong-Tie Staff

We have paired up with Jaime Costiglio from That’s My Letter to bring you free plans for a DIY sofa and ottoman. [For photos, see PDF or View in Full Issue.] Most people have a family room or another designated space where they watch TV or play games. In my home, we have an open first...

#14272 Cover image
March 2022
Issue #14272
Page 120
123578910Last

Search By Keyword

Issues

Book icon Read Our Current Issue

Download Current Issue PDF