Wall Panel Technology, Part VIII: Panel Automation From American Suppliers Joe Kannapell Plate markers, single tool bridges, and automated saws were just a few of the enhancements that filtered into wall panel shops at the Millennium. Their adoption was quickened by the consolidation of component manufacturers (CMs) and by the increasing pressure on all CMs by busy builders.... Read More November 2024 Issue #16304 Page 10
A Case Study for Transforming Profits Through Employment Practices Todd Drummond The following is a summary of the seminar I gave at this year’s BCMC show on October 8th, 2024. If your mind is open, I am handing you pure gold to help your company meet the challenges negatively affecting everyone now and in the coming years. Case Study —Building Material Supply... Read More November 2024 Issue #16304 Page 26
Taking Advantage of Lower Rates Carl Villella The Fed lowered its benchmark interest rate by half a percent in September, and our funding banks have also lowered their rates in response. This is great news for the economy as a whole, as interest rates are now lower for all forms of credit, including mortgages. From a macroeconomic... Read More November 2024 Issue #16304 Page 77
US Economy & the Markets Lesko Financial Services Team Heading into the last quarter of the year, the US economy sent out several strong signals that is remains resilient and robust. Third quarter inflation continued a downward trend, with annualized numbers beginning to approach the Central Bank’s target. But softening of the job market over... Read More November 2024 Issue #16304 Page 90
The Last Word: Rural Cousins in the Truss Business — Making a Mark Joe Kannapell One of the strangest twists of fate in the truss business was initiated by Larry Rogers, and fortunately it boosted his career and that of his replacement, Dickie Vail. Out of this occurrence, both men launched successful startup companies. However, there was also a flood and more than one... Read More November 2024 Issue #16304 Page 164
Wall Panel Technology, Part VII: A Deeper Dive into Automation Joe Kannapell Toll Brothers imported an automated panel line commensurate with their luxurious homes, or so they expected. Perhaps because the European economy was ailing in the early 1990s, Randek from Sweden, like the Makron company from Finland before them, offered Toll an excellent deal. But Randek was an... Read More October 2024 Issue #16303 Page 10
Fixed Rate Drops Below Prime…Just in Time for BCMC! Carl Villella On September 18th, the Federal Reserve cut its benchmark interest rate by half a percent, the first cut in four years. It was a welcome development, and one that should have a positive outcome for the economy. Lower interest rates stimulate economic growth, and make lending of all types less... Read More October 2024 Issue #16303 Page 67
Optimize Offsite Production by Optimizing Lumber Costs Valerie Hansen Lumber is mission-critical to every component manufacturer (CM). On average, it represents two-thirds of your cost-of-goods (CoG), roughly half of the value of your product (Revenue – Pretax Profit). So, what are the market dynamics that surround the purchase of lumber? And how can your... Read More October 2024 Issue #16303 Page 73
Wall Panel Technology, Part VI: Panel Equipment Innovations Joe Kannapell As automation and robotics are increasingly embraced, it makes sense to review examples of successful implementations from the pioneers of past systems. Interestingly, the first successful fully automated component assembly in the U.S. involved wall panels rather than trusses. However, in many... Read More September 2024 Issue #16302 Page 10
Equipment Finance Companies to the Rescue Carl Villella Many companies took advantage of the $1.2 trillion Infrastructure Investment and Jobs Act (IIJA) in 2021 by bidding on projects to rebuild the nation’s roads, bridges, ports, and broadband networks. But the economic climate of 2021 when the bids were placed was much different than the... Read More September 2024 Issue #16302 Page 65