In last month’s article, Designing for Resiliency, I present some of my thoughts on how changing the design approach for wood trusses could aid in making future homes more resilient to the types of climate extremes that seem to be ahead of us. Whether you think that climate change is a...

Before SBCA “signed off” on 2022–2023 President Gene Frogale’s stellar leadership, he was already developing a new product to benefit component plants. Now, as he is working on an innovative insulated wall stud, the only evidence of his prior accomplishment, a large...

Prefabricated wall panels made their first big impact under a government program in World War II. In 1942, the federal government began contracting with 50 existing prefab housing plants to deliver dwellings for 42,000 wartime workers. Since this work was highly repetitive and required rapid...

Over the last few months, we have seen rates drop for those seeking to finance new or used equipment. Economists are pointing to even lower rates as the year goes on, but of course that will depend on whether the economy continues its downward inflation trend or not, on its way to the 2%...

The construction supply industry saw high lending rates and a relative lack of big transactions result in 22% fewer deals involving 2.6% fewer locations in 2023 vs. 2022. There also were 10% fewer buyers, with several big players barely present. But greenfield openings, while down 5% from 2022,...

The question of what’s the difference between a lease and a loan comes up often, and there are some clear differences that can affect how a client decides to finance their commercial equipment. When a client decides to lease equipment, they make regular lease payments for the right to...

Beginnings always feed the temptation to look ahead and make predictions, and recent economic news, podcasts, and websites have featured their fill. 2024 went out on a fairly positive note and it was tempting to try to extend that optimism beyond the first few weeks of January. But despite...

According to the research team at Goldman Sachs, we can expect healthy growth in 2024, with the economy growing by 2.1%. Most of the problems that would lead to higher inflation, such as an overheated labor market, are gone. And as a result, the probability of a recession in 2024 is much...

As the fiscal year draws to a close, it may be worth considering Section 179 to lower your tax burden for 2023. To refresh your memory, Section 179 allows a business to deduct the full purchase price of certain equipment for the year it was put in service. By deducting the full purchase...

Over the last few months, we’ve been adjusting the rates on our factor sheet upwards as the Fed continued to raise interest rates. The Fed has now raised its target rate to the highest level in 22 years, to 5.50%. Despite the higher rates, we have not seen the demand for funding slowing...