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
Everybody Matters: Safety Never Takes a Holiday Marisa Scott June is National Safety Month, but at Simpson Strong-Tie, safety never takes a day off. We’re at it all year, day in and day out. The motto of the Environmental Health & Safety (EHS) department is “Keep Us Strong,” and that’s exactly what we strive to do. At Simpson... Read More July 2022 Issue #14276 Page 114
The Last Word: The Last Word on the Robotics Transition Joe Kannapell, PE Robotics showed new promise for many CMs on May 17, ironically, by borrowing from the past 60 years of truss machinery. Attendees at SBCA’s Open Quarterly Meeting in Williamsburg, VA saw video of robots feeding truss parts into auto-jigging at the plant of their largest competitor,... Read More July 2022 Issue #14276 Page 132
Advertiser Forum: Priorities and Intent Anna Stamm As I was sitting in my sister’s ICU room hoping she would stabilize and make it through the night, people were telling me to “take care of myself” too. Well, at that time, I didn’t give a [bleep] about myself, because my focus was protecting her. The experience left me... Read More June 2022 Issue #14275 Page 6
Sixty Years of Machines, Part XXXI: Icing on the Cake Joe Kannapell, PE In the year 2000, a transformation, like none other, gripped our industry. Jim Urmson’s TCT started it by breaking our component-saw-centric paradigm. Then in 2002, Dave McAdoo’s ALS quickened its pace by adding the capability to cut every conceivable truss part. But even before his... Read More June 2022 Issue #14275 Page 10