Will Rising Interest Rates Affect Your Equipment Purchasing? Carl Villella The Federal Reserve Bank approved its first interest rate hike since December 2018 at their meeting in March. The interest rate hike was 0.25%. In an effort to fight inflation, the Fed indicated an aggressive path ahead, indicating that there will be rate rises at each of their six remaining... Read More April 2022 Issue #14273 Page 63
How Lasers Help Alleviate Labor and Production Constraints Jim Mavrakes In 2002, our company was responsible for outfitting a complete component plant in Asia where we learned the true value of the statement, “a picture is worth a thousand words.” The visual nature of lasers bridged an absolute language barrier between our team and the local folks who... Read More April 2022 Issue #14273 Page 68
In Memoriam: The Dedication of Cheryl Shepard Joe Kannapell, PE The late Cheryl Shepard, with the support of Rob and Gene Frogale, proved that wall panels could be successful on their own merit, unaccompanied by trusses. Her hard work and dedication went a long way toward disproving the long-held belief that trusses were the key moneymaker. Amazingly she and... Read More April 2022 Issue #14273 Page 75
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... Read More April 2022 Issue #14273 Page 78
MSR Workshop Sessions Deliver Value for All in Supply Chain MSR Lumber Producers Council From its inception, the MSR Workshop has brought together members of the entire lumber supply chain, from production and grading to sales and distribution to end users. Each year, that tradition inspires a great variety of educational topics and a unique opportunity for participants to gain a... Read More April 2022 Issue #14273 Page 84
Lumber Briefs: Housing Affordability Inflection Point Matt Layman Cooling ahead for CMs Zillow reports that the number of multigenerational family households has quadrupled since 1971. 18% of Americans now live in multigenerational housing and housing supply is at an all-time low. Families are moving back in with relatives due to increased housing... Read More April 2022 Issue #14273 Page 90
The Skilled Labor Shortage is Pushing Building Industries Toward a Tipping Point Bill Darcy Even before the coronavirus pushed it into the stratosphere – setting record new highs – the housing market was experiencing one of the largest booms in the country’s history. From 2012 until the start of the COVID-19 pandemic, the U.S. housing market had risen more than 50%,... Read More April 2022 Issue #14273 Page 96
Modern Methods of Construction (MMC) Greg Watson The term “MMC” may be heard more and more regularly these days, but what does it mean? Simply described, modern methods of construction centers around off-site construction practices, some of which may be innovative, allowing for mass production in a factory setting. As a... Read More April 2022 Issue #14273 Page 107
Understanding Bearing Size at a Wall or Beam MiTek Staff The first thing to consider with bearing sizes is the minimum required by the building codes. Per 2018 IRC, International Residential Code for One- and Two-Family Dwellings, Sec. R802.6 – When a ceiling joist is supported directly on wood or metal, the minimum bearing size required is... Read More April 2022 Issue #14273 Page 112
LTTP2 — an Update to a Classic Light Tension Tie Paul McEntee It would give you an incomplete idea of the new LTTP2 light tension tie if we didn’t first discuss the original LTT series. The LTT20 tension tie first appeared in our 1987 Connectors for Wood Construction catalog as a post-pour, wood-to-concrete connector. The LTT20 installed with nails... Read More April 2022 Issue #14273 Page 114