MEMBER NEWS
Masonite International Corporation Names Cory Sorice as Chief Innovation Officer
Masonite International Corporation (NYSE: DOOR) today announced the appointment of Cory Sorice as Senior Vice President and Chief Innovation Officer, effective August 19, 2019.
Read more at Masonite
INDUSTRY AND ECONOMIC NEWS
July Single-Family Starts Continue Modest Improvement
July single-family starts increased 1.3% to 876,000 units, but a decline in multifamily production brought total housing starts down 4% to a seasonally adjusted annual rate of 1.19 million units.
Read more at LBM Journal
The Onset of a Downturn is as Much a Matter of Mood As Of Money
In recent weeks the human and silicon brains at Google have registered an alarming rise in searches related to “recession”. It is easily explained.
Read more at The Economist
The Macroeconomics of the Labor Shortage
The No. 1 business issue for home builders, remodelers, and land developers continues to be access to skilled labor According to NAHB analysis of Bureau of Labor Statistics (BLS) data, as of April of this year there were 404,000 open construction sector positions.
Housing Starts Fall for Third Consecutive Month
Housing starts fell 4% in July to a seasonally adjusted annual rate of 1.191 million, led by a 17% plunge in multifamily starts, according to the Department of Housing and Urban Development and the Department of Commerce.
TRENDS AND REPORTS
Millwork Industry in the US – Market Research Report
Over the five years to 2019, the Millwork industry’s performance has been uneven. The industry manufactures wood-based architectural products such as doors, windows and flooring. Nearly 90.0% of industry products are used in residential construction, split evenly between new housing construction and renovations.
August report available from IBIS World
GREEN BUILDING NEWS
LEED-Certified Homes Are At An All-Time High
The U.S. Green Building Council (USGBC), has released a new report showing the growing green trends in the homes market. The report reveals that green, LEED-certified homes have grown 19 percent since 2017 and are at an all-time high with nearly 500,000 single family, multifamily and affordable housing LEED-certified units globally and more than 400,000 units located in the U.S.
Read more at Real Estate Weekly
Green Construction Expected to Reach $365 Billion by 2022
The global green building materials market size is expected to reach $364.6 billion by 2022, according to a new report by Grand View Research, Inc. Structural product segments are expected to reach $239.1 billion by 2022 due to superior aesthetics, durability, and ability to reduce carbon emissions.
Read more at ThomasNet News
TECHNOLOGY NEWS
Fast Fulfillment and Delivery Strategies
Seven ways to fine-tune your distributorship’s fulfillment and delivery approach in an e-commerce-led selling environment.
Read more at ted magazine
Rise of Warehouse Automation Changes Site Selection Plans for E-Commerce DCs
Fully autonomous logistics still decades away, but robots are already changing warehouse floor plans, ceiling heights, Cushman and Wakefield says.
Read more at Supply Chain Quarterly
SAFETY NEWS
Lawsuit Against OSHA’s Improve Tracking of Injuries Rule Continues
The ongoing lawsuit filed by the National Association of Home Builders (NAHB), and several other parties, may be close to an ending if the defendant, who just motioned to have the case dismissed on lack of jurisdiction, has anything to do with it.
Read more at DWM
2019 Amputation Stand-Down (Live Webinar)
The Amputation Prevention Stand-Down is scheduled for September 4 to October 4. During this event, employers and workers will take time during their workday to focus on how to prevent amputations. A public kick-off event for the Stand-Down will take place on September 4 in Bentonville, Arkansas. Participants can also register for the live webinar here.
ARTICLES OF INTEREST
A Warehouse Robot Model for Every Distributor?
Have you considered a warehouse robot for your distribution business? This is becoming an increasingly attractive cost-saving solution, especially for high-volume, small-pick areas.
Read more at Merrifield Act II
When is it OK to Compete on Price?
Competing on price is a no-no for many distributors. Few want to say, “The reason why people buy from me is price.” But, do all of your customers want to buy from you for your customer service, people or your other services?
Read more at mdm
Drive Innovation by Disrupting the Existing Management Norms
With the ever-increasing potential of modern technology, the next billion-dollar business could start from the comfort of someone’s home. To stay on top, established organisations need to stimulate innovation.
Read more at InnovationManagement
PODCASTS
Growing Investment Searching for the Golden Ticket
Investment in real estate opportunities has climbed substantially during the last decade and only continues to grow.
Listen at hive
