Lumber prices at the time of this writing are less than $500 per thousand board feet. Prices generally live in the range of $200 to $600. So, today’s prices are within reason. This makes it astounding that during the pandemic we saw the cost of lumber top $1,700. But how did prices drop so rapidly …
Businesses buying in bulk can benefit from reduced cost per unit, which increases their profit margin. If they forego this strategy, they could overspend on supplies and products, increasing their expenses. With bulk buying, businesses can ensure a complete inventory without breaking the bank. This useful tactic can be challenging to implement, but we can help. …
Most hotels have to perform some kind of renovation every 12 years of being in business. Because styles change and the hotel may start to look outdated or low quality. Hotels are in a constant struggle of staying up to date between furniture, styles, fixtures, and more. So it is important to know where to …
The OSB market is projected to reach $36.6 billion by 2028, according to a recent report by MarketsandMarkets. This market is growing at a rate of 5.4% and we expect it will continue to grow in the coming years. There are several reasons for this growth, including the increasing demand from the construction industry and the growth …
For everyone from avid DIYers to construction professionals and lumber sellers, lumber price matters. It’s also been an ongoing challenge for many many in the construction field as prices fluctuated wildly over the last two years. It’s very hard to make accurate estimates for a project when you can’t predict material pricing from month to …
In the US, over 26,200 billion board feet of lumber are milled each year. However, not all lumber is the same. Different categories and grades determine the value of the lumber and influence its use. Knowing more about these categories and grades is an essential feature of the industry. This includes knowing the benefits of …
With mortgage rates skyrocketing, the building materials and lumber industry is starting to really feel the pinch. In recent days, lumber prices per 1000 board feet fell by as much as 6% in a single day. That’s a significant 1-day drop considering the beating lumber prices have taken since the end of February 2022. As …
Manufacturers are always looking for the best ways to ship products to their end users, be it consumers or retail stores. Among the things they have to consider include the most efficient and cost-effective ways to ship and in what quantities can goods most efficiently be shipped. They also have to consider what kinds of …
It is starting to look like the Oriented Strand Board (OSB) market is about to enter uncharted territory due to a number of very serious economic issues appearing on the horizon. The summer of 2022 could well be a “summer of discontent.” Economic Factors That Could Dictate OSB Prices This Summer and Into the Fall …
As a hotel owner/operator, your future success is going to depend a great deal on your ability to compete with other hotel owners/operators. That would be especially true if your property is located in an area where there is a lot of traveling traffic. If you are going to compete successfully, your hotel has to …
