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Wednesday, April 26, 2017
MEMBER ANNOUNCEMENTS
Powell Valley Millwork Expanding Footprint
Powell Valley Millwork recently began construction on a new building at their manufacturing facility located in Clay City, Kentucky. “We are eager to have this new building completed. Our market share is growing and we need more space to store work-in-process inventory,” said Michael Thornberry, one of the owners of the company. “The new space will be just shy of 22,000 square feet and is adjoining two existing buildings which will allow us to process our material in a much more organized and efficient way. The addition will bring us to nearly 150,000 square feet under roof.” Read more at Powell Valley Millwork
WMA Welcomes New Member Companies
WMA is pleased to welcome new members.
Associate Member:
Weldon Industries is a manufacturer of hardware and OEM products located in Tampa, Florida. The company’s many years of experience in a wide variety of industries enables Weldon’s to assist its customers with many product needs. Please visit www.weldon-industries.com for more information.
Affiliate Millwork Professional – Rep Member:
Peter Meier, Inc. (PMI) is dedicated to providing functional solutions for cabinet manufacturers and hardware distributors. They are based in Kernersville, North Carolina. Please visit www.petermeier.com for more information.
Millwork distributors, manufacturers, service providers and manufacturer representatives interested in more information about WMA, visit www.WorldMillworkAlliance.com or contact WMA Headquarters at 727-372-3665.
HOUSING INDUSTRY
Softwood Lumber Tariff Could Boost Homebuilding Costs
The White House announced on Monday that it will seek a 20-percent tariff on softwood lumber imported from Canada. The decision has the potential to increase costs for home builders, as well as for manufacturers of moulding and millwork products. Read More at DWM
Case-Shiller: Home Prices Hit Fourth Consecutive All-time High
Home prices continued to expand in February, hitting their fourth consecutive all-time high, according to the S&P Dow Jones Indices. Read more at HOUSINGWIRE
USDA Single Family Programs: Trends in Loans for Newly Constructed Homes
A recent NAHB study tracks trends in loans for new construction obligated under the USDA Single-family programs, the Section 502 Direct Loan Program and the Section 502 Guaranteed Loan Program. The report finds that, similar to the Federal Housing Administration’s single-family loan program, the USDA programs supported homeownership at a time when obtaining a conventional loan became increasingly difficult. Read more at Eye On Housing
New Home Sales Soar Above Market Expectations
New home sales soared in March, beating out experts’ expectations, but new homes for sale dropped, according to the report released Tuesday by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. Read more at HOUSINGWIRE
Outward Bound: Where Do Home Buyers Search for Affordability?
Already contending with cost pressures on the labor and lots front, a new fissure has introduced worries over a spike in materials–particularly lumber–expenses. As trade relations with other nations turn into hardball re-negotiations, the challenge now and for the coming months for builders will to fight off the potentially negative impact of costs coming unglued. Read more at BUILDER
BUSINESS & ECONOMICS
Are You Keeping a Customer Focus in Today’s Digitized World?
Technology is quickly shifting the industrial distribution sales landscape, specifically in the ways your customers interact with you. Currently the preferred methods of buying in industrial distribution are email and calling in orders, but recent research shows there will be a dramatic shift to more online purchases and mobile ordering soon. Read more at Industrial Distribution
Why Don’t Young Americans Want to Do Construction Work?
Labor capacity risk may be mostly a case of missing motivators: mastery, autonomy, and purpose … not a matter of money. Read more at BUILDER
What Recruiting Challenges Face Distributors?
Industrial distributors and suppliers are challenged more than ever to find qualified talent, especially of the millennial age bracket. So many of these companies are family-owned and several generations old, with many executives, managers, sales staff and even warehouse workers at or nearing retirement age. This has led to a perceived large upcoming shortfall of talent needed to replace retiring employees and a major call to boost recruitment efforts. Read more at Industrial Distribution
GREEN BUILDING
For Earth Day, a Look Back at Some of the Best Green Building Designs
In honor of Earth Day, which was April 22nd , The Real Deal takes a look at 8 of the “most interesting green developments out there,” from Hipster condo farming in New York City to a sustainable home within a greenhouse in Stockholm. Read More in The Real Deal
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2017 Convention Sponsor
UPCOMING WEBINARS
Moisture Management Fundamentals
Presented by
GREEN BUILDER
Wednesday, May 3, 2017
2:00 PM EST
Join building science expert Joe Lstiburek as he explores affordable and effective products, systems, and best practices for protecting homes from moisture intrusion. Lstiburek will discuss solutions for water management, moisture and mold elimination, removing mildew, testing for excess moisture.
Register for Free Webinar at GREEN BUILDER
BECOME A WMA SUPPORTER
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BUILD BRAND IDENTITY
PROMOTE YOUR
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CONNECT WITH THE
MILLWORK INDUSTRY
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We’re unveiling some forward-thinking initiatives in 2017, and you can be a big part of it. Contact WMA to get started
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Attention: Door pre-hangers and distributors, who use components from multiple suppliers, with a means of substituting components in a rated system when engineering analysis is not acceptable to validate a component.
Reference
ANSI/WMA 100
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