Insider’s Secrets for the Buying/Selling of Component, Modular, and LBM Companies Todd Drummond Our industry has been changing in a big way. Independents once dominated our industry, but now through mergers and acquisitions, that is no longer the case. Right now, some of the people reading this article are either contemplating or in actual talks about selling their business. From... Read More February 2021 Issue #13259 Page 31
Are You Positioned for Take Off in 2021? Carl Villella A recent Wall Street Journal article written by Julia Pollack on 12/10/20 discusses the reasons why 2021 could be the year of a great comeback. In “Why the U.S. Economy Will Take Off in 2021,” Ms. Pollack touches on the pre-pandemic economy, when unemployment was at record lows and... Read More February 2021 Issue #13259 Page 77
Roof Truss Lines: Should I Buy New or Retrofit? Sean Hubbard Determining whether to purchase a new Roof Truss Table Press with Spida Jig-It Rails or retrofit an existing system is not a simple decision. We are often asked to quote one system or the other, but rarely both. Even so, it is important to spend time researching both avenues to a more productive... Read More January 2021 Issue #13258 Page 17
Hazards with Some Advisements for New Investments Todd Drummond When looking for new opportunities for improvements in your operation, it is quite natural to ask for advisement from outside your company to give you a better perspective. Who you should trust to help you take your company to higher performance is not as clear cut as it may appear. Costly... Read More January 2021 Issue #13258 Page 45
Will You Be Ready in 2021? Carl Villella How ready are you for the uptick in business once the pandemic is behind us? In a recent survey of the National Association for Business Economics, 73% of their members said that the U.S. Economy will return to pre-pandemic levels by the 2nd half of 2021. Members include 48 professional... Read More January 2021 Issue #13258 Page 75
Process Organization Technology for Existing Component Plants Edmond Lim, P.Eng. Every component manufacturer has actively implemented lean and best practices customized and optimized to their existing personnel, plant machinery, plant layout, yard layout, and plate supplier’s software. Most component manufacturers are operating as efficiently as possible within their... Read More October 2020 Issue #12255 Page 78
One Size Doesn’t Have to Fit All Carl Villella No two businesses are alike. Even businesses that appear strikingly similar are facing their own unique sets of circumstances. So, with many different kinds of challenges and opportunities, shouldn’t there be different options available to implement changes and growth? Absolutely! One... Read More October 2020 Issue #12255 Page 90
The Future of Modular Construction in (Post-)COVID-19 Gary Fleisher Shortly after COVID-19 became the most debilitating thing that has happened to the US economy in recent history, modular construction stepped up to fill the demand for temporary medical facilities. Many modules were built to meet that need, but here we are just 5 months later and that market... Read More September 2020 Issue #12254 Page 100
What is Worse than Poor Services? Denial by the Group that has Terrible Services! Todd Drummond Nothing is more frustrating than dealing with poor services by a department within your company or a vendor when you need to resolve a problem or find information on a timely basis. However, what is even worse than the poor services is having that troubled group in complete denial about their... Read More August 2020 Issue #12253 Page 26
The CASH Dilemma Ray Fedorko One of the most frequent responses we hear from prospects when asked how they hope to pay for their equipment is simply: I’m going to pay cash. It’s a nice feeling to pay cash. Done and paid for. No payment schedule or finance charges. And surely, if interest payments hover in the... Read More August 2020 Issue #12253 Page 71