LBM Alert Header File
8.29.17
  • Harvey is a headache Houston home builders didn’t need
  • The Housing Industry Still Hasn’t Realized It’s Building Too Many Homes for Rich People
  • Robert Shiller: Changes to popular deduction wouldn't have big effect on housing market
  • Is America's Housing Too Durable?
  • U.S. Houses Using More Russian Lumber, Thanks to Canada Spat
  • Why Some People Suck at Hiring Millennials
  • News Briefs
  • Industry Events
Harvey is a headache Houston home builders didn’t need

Hurricane Harvey is wreaking havoc on residents and businesses. Add home builders, who only just started to recover from the oil-price shock, to the list of those facing a long road back.

Houston is the nation’s largest market for newly constructed homes, and the massive storm, which is dumping an unprecedented rain total on the area, is going to flummox the construction industry there for some time.

Read the whole story at MarketWatch

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Innovative Technology Behind High-Quality, Low-Maintenance Decking

TapcoClubhouse Decking by The Tapco Group features innovative Korelite™ technology for lasting beauty. The super-dense Korelite cell structure creates decking that's lighter and stronger than other materials. Specialized engineering and manufacturing produces a timber with greater density at the top and bottom, much like an I-beam. In addition, the high-performance capstock and foam interior act as a stress skin panel. As a result, this proprietary design minimizes surface imperfections, voids and water absorption while offering superior strength and impact resistance, and a solid feel underfoot.
The Housing Industry Still Hasn’t Realized It’s Building Too Many Homes for Rich People

It's possible to get rich if your business only caters to rich people. But it's hard to have a massive and really successful industry in the United States today if you only cater to rich people. There are only so many people in the country with good credit and lots of cash sitting around. And this week, we got evidence that one of America’s largest industries may be running into trouble because its products appeal only to the upper crust. I’m not talking about jewelry or apparel. I’m talking about housing.

Read the whole story at Slate

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17 Ways Boise Cascade can help you grow in 2017:

BoiseBoise Cascade Engineered Wood Products is committed to helping dealers increase their profitability with better framing products, superior distribution, profitable software tools and ease of doing business; A full line of precision-dimension framing products is backed by a lifetime warrantee of quality and performance; Advanced software tools like the new EWP software platform BC CONNECT® help improve dealer profitability in the office and via mobile app with the ability to work from anywhere. Check out “17 Ways to help you operate more profitably” at: http://bc.com/ewp/17ways/

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Robert Shiller: Changes to popular deduction wouldn't have big effect on housing market

There may be rumblings about lowering the cap on mortgage interest rate deductions, but it would have a "rather small effect" on the housing market, Nobel Prize-winning economist Robert Shiller told CNBC on Wednesday.

The popular deduction is "limited to a small percent of taxpayers. It's just not that big an effect compared to the big things," the Yale economics professor said in an interview with "Power Lunch."

Read the whole story at CNBC

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Screw Products, Inc. Receives ICC ESR-3654 For Selected Structural Screws!

Screw Screw Products, Inc. has received ICC Code Approval (ESR-3654) for its Bronze Star CCTX Star Drive Structural Lag Screws and Timber Hex TH & THG 5/16” Hex Head Structural / Landscape Screws. The Bronze Star CCTX are packaged in Bulk, 100ct, & 50ct with Free Star Drive Bit. The Timber Hex TH Black and THG Gray are packaged in Bulk & 50ct with Free Hex Bit. These screws are also available individually with UPC sticker. See our website for more information.

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Is America's Housing Too Durable?

Housing in America typically lasts a long time. In 2015, 13% of all housing units were built prior to 1940 and 56% were built prior to 1980—comparedto 40% in Japan—according to American Community Survey data.

This durability has benefits: Durable housing is resistant to extreme weather, can serve as a store of wealth, and makes the filtering process—when older housing filters down to people with lower incomes through market transactions—a viable source of low-income housing. But durability also has drawbacks that may be harming the U.S. economy.

Read the whole story at Forbes

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RenoWare: Installed Sales Software

RenoWareA NEW app, developed by industry veterans, specifically for Dealers selling an “installed package”.

RenoWare Provides:

• A proven work process … lead to job close and follow-up
• Lead source & Customer tracking (CRM)
• Data integration with Design, Estimating and ERP systems (2020, W&D Mfg’s, Epicor Eagle, Saberis, Luxwood Design Tools, etc.)
• Complete Document management: Contracts, Installation agreements, Change orders, Completion & Warranty certificates and much more

Measure to Better Manage…

Comprehensive reporting to track job profitability (estimated vs actual) and staff productivity like close ratios.  An affordable app to save thousands of dollars each year in time, reduced errors and improved business practices.

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U.S. Houses Using More Russian Lumber, Thanks to Canada Spat

Russia has emerged as one of the winners from the trade dispute between Canada and the U.S over lumber.

The U.S. is importing more softwood lumber from overseas after it slapped tariffs on Canadian supplies, making them more expensive. Russian shipments are 42 percent higher so far in 2017, according to U.S. government data.

Read the whole story at Bloomberg

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DeckWise® Altitudes Pedestal™ System

Displaying DeckWise250x300.gifThe engineers at DeckWise® developed the Altitudes Pedestal™ System to transform underutilized sloped roof tops, concrete patios, and balconies into beautiful outdoor living spaces. Pedestals will support and elevate 24" x 24" Ipe hardwood deck tiles over multiple substrate slopes for a perfectly level deck tile surface with a load bearing capacity of up to 1,200 lbs. per pedestal.

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Why Some People Suck at Hiring Millennials

There is no question that B2B businesses in the building products industry are having a hard time attracting millennials. I think that most hiring managers can remedy this situation by changing how they focus on recruiting and retaining employees. As an example, I’m going to take you through a recent conversation I witnessed between two traditional B2B business owners at a recent roundtable. For the sake of this column, we’ll call them Steve Stationary and Adam Adaptable.

Read the whole story at LBM Journal

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Maximum Return: Strategic Insights into the M&A Process 

LBM StrategiesThat's just one of the 13 presentations you'll experience when you join other LBM industry leaders from across the U.S. at the LBM Strategies Conference 2017. Prepare to learn, share and connect this September, then get back to work armed with fresh ideas and actionable insights to grow your sales, your business and your brand. Breakfasts, lunches, coffee breaks and cocktail receptions - all included with your registration - offer an ideal opportunity to reconnect with old friends and build fresh connections.

The LBM industry's most robust conference will kick off with NFL legend Ed "Too Tall" Jones signing autographs and talking football at a welcome cocktail reception, and will conclude with VIP Tours of The Star--the Dallas Cowboys new headquarters and state-of-the-art training facility. Sandwiched between those two memorable events is a can't-miss agenda packed with leading dealers from across the U.S.

Register by August 31 to save $100!

Learn more and register today at LBMStrategies.com 

News Briefs

Brimner named E.C. Barton & Company President/CEO MORE

Boise Cascade supports Nature Conservancy’s forest health efforts MORE

Mireya Zapata to lead Lumbermen’s Association of Texas and Louisiana MORE

HDW reroutes distribution, temporarily closes Houston facility MORE

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FREE Builders’ Show Expo Pass in August!

IBSDuring the month of August, dealers and distributors can register for a free expo pass to the 2018 NAHB International Builders’ Show® (IBS). IBS is the building industry’s biggest event, featuring unparalleled networking opportunities to meet vital business partners while exploring the largest trade show in North America showcasing the latest building products, trends and technology. Join us in Orlando, January 9-11, to grow your business and increase your sales.

 


Register for your free expo pass today!
 
Industry Events

Sept. 7-8, LBM Strategies Conference, Frisco, TX, www.LBMStrategies.com

Sept. 20-22, Construction Suppliers Association (CSA) Annual Conference & Expo, Savannah, GA, www.gocsa.com

Sept. 25-27, True Value Fall Reunion, Chicago, IL, www.truevalue.com

Oct. 4-6, Florida Building Material Association (FBMA) Convention and Gulf Atlantic Building Products Expo, Orlando, FL, www.fbma.org

Oct. 13-16, Do it Best Fall Market, Indianapolis, IN, www.doitbestcorp.com

Oct. 22-24, LBM Advantage Forest Products Conference, Baltimore, MD, www.lbmadvantage.com

Oct 24-26, Forest Products & Building Materials Expo, Philadelphia, PA, www.lmc.net

Nov. 7-9, Western Building Material Association 115th Annual Convention, Marysville, WA, www.wbma.org

Nov. 8-9, West Coast Lumber & Building Material Association (WCLBMA) Annual Convention and 100th Anniversary Celebration, Rancho Mirage, CA, www.lumberassociation.org

Nov 8-10, NAWLA Trader's Market, Chicago, IL, www.NAWLA.org

Jan. 10-12, International Builders Show, Orlando, FL