Capital Investments are Not Going to Be Enough When the Party is Over Todd Drummond The article I published in April, Record CM Building Industry Net Profits are Coming to an End Sooner Than Most Believe, predicted that the construction industry would start seeing negative market changes around August of this year. Wow, was I right about calling that one? The continued... Read More July 2022 Issue #14276 Page 28
What are the Minimum Grade Requirements for Lumber When Manufacturing Components? Glenn Traylor With high lumber costs and volatile pricing, it is very reasonable to look for options to normal resources. Many fabricators and lumber manufacturers have been experimenting with using non-regular channels for lumber, including some choices that have created problems and issues with their... Read More July 2022 Issue #14276 Page 39
Design Department Capacity Tracy Roe With component lead times being extremely long in our industry today, every manufacturer is scrambling to increase capacity. Some need more space, some need additional equipment, some simply need a labor force that is willing to work all day every day. Mostly, these needs can be met with capital... Read More July 2022 Issue #14276 Page 46
Accelerating Industrial Automation Without Obstacles Rob Bellian Although devices have become far more intelligent over the last decade, during which microprocessors have penetrated deeply into the world of manufacturing and provided a wealth of diagnostic and operations information, the real value of this information only materializes once a customer is able... Read More July 2022 Issue #14276 Page 56
ROI with No “Space” Fear Factor Edmond Lim, P.Eng. In today’s volatile economy, there is comfort in knowing the significant housing backlog will rely on the components industry to keep on supplying. Trusses are the original off-site construction industry begun more than 60 years ago, and the number of truss plants and capital investments... Read More July 2022 Issue #14276 Page 60
Navigating Rising Interest Rates Carl Villella On June 15th, the Federal Reserve Bank raised its benchmark interest rate for the third time this year. It was its biggest increase since 1994. The Fed raised rates by three quarters of a percentage point, and indicated that further increases would follow in July. Nonetheless, Fed chairman... Read More July 2022 Issue #14276 Page 69
Career or Job? With the Great Resignation, Great Reshuffle, or whatever the name-de Jour is this week, people have been changing jobs mostly to make more money. Some left to reset stress levels or find work-life balance. Sure, some are changing to go remote, or go to their perfect place and be remote. Most... Read More July 2022 Issue #14276 Page 74
Component Manufacturers Enjoy Valuable Networking & Learning Opportunities at 2022 MSR Workshop MSR Lumber Producers Council “We were pleased to welcome 77 individuals to the MSR Workshop in Salt Lake City this past April,” reports MSRLPC President George Hamilton of Canfor Southern Pine. “It was wonderful to be together again with a great group of industry members – from MSR producers, to... Read More July 2022 Issue #14276 Page 82
Design Connections: My Road to The JobLine Geordie Secord Greetings from North of the Border! I’m pleased to have the opportunity to join Thom at The Jobline as Senior Recruiter for Canada. Over the coming weeks and months, I’ll be reaching out to candidates and companies in the components and mass timber world and, in future columns,... Read More July 2022 Issue #14276 Page 91
5 Tips for Surviving Stagflation Craig Webb When one of housing’s biggest optimists changes his outlook, attention must be paid. Stephen Kim, senior managing director and head of Evercore ISI’s Housing Research Team, had declared in September 2020 that housing had entered a Golden Age. But that changed on June... Read More July 2022 Issue #14276 Page 96