CURRENT NEWS & Market Report

August 13, 2018

News
  • Featured Article

    Steel, Aluminum Tariffs Likely to Disrupt Construction Industries that Rely on Metals

  • Freedonia predicts contractors will face higher prices in the siding, piping, roofing, and rainware sectors.

    Fabricators and contractors are likely to be big losers as a result of the Trump administration’s tariffs on steel and aluminum, The Freedonia Group reports. While primary metal manufacturers could benefit, the Cleveland-based research groups suggests the next stages of the supply chain in the siding, piping, roofing, and rainware sectors will face higher material costs for products.

    According to Freedonia, U.S. primary metal manufacturers stand to benefit the most from metal tariffs. The expected increase in demand for American-made steel and aluminum is leading some firms, like U.S. Steel, to reopen facilities and create additional jobs. However, the high costs associated with increasing production could result in short-term supply shortages of metals in the United States.

    Whether supply is short or in abundance, though, the next link in the supply chains for siding, piping, roofing, and rainware will face much steeper costs. Many companies that rely on the metals for their products, including car manufacturers and oil-pipeline builders, have complained about the unreasonable cost burden from the tariffs. The steel and aluminum tariffs have already caused ripple effects for many metal-based product sectors in the residential construction industry, including metal hurricane shutters.

    Read More...

  • Review your company's performance and get ready for the second half.

    It’s Nearly Halftime. Are You Winning or Losing?

  • I’ve always been jealous of sports. There is a clear winner and a clear loser. You can see the effects of strategy adjustments. And you get paid a lot of money to play a game. Nice.

    For most of us, summer is our halftime. While our “game” doesn’t pause, summer is typically halfway through our fiscal year. We take the opportunity to do a mid-year business review. We take a hard look at overall results, see where we can improve, and find ways to maximize our strengths in the short and long terms.

    At Case, we start by looking at our working capital. How much total cash do we have? How much of that is truly our cash? We find out by subtracting restricted cash from total cash. Restricted cash is cash that is not really ours, such as payment obligations. It also includes overbillings on projects—money paid by homeowners that we have not fully earned yet. Knowing how much free and clear cash we have will help guide our playbook for the second half of the game.

    Read More...

Current Offers
  • Tie-Down Engineering Promotion

  • Tie-Down Engineering Promotion Image
  • Purchase a Folding Warning Line System (up to 100 ft) and receive a free Core Cutter with your purchase!

    See the flyer below for details.

    See Details

  • New TAMKO Roof More. Get More. gear!

  • New TAMKO Roof More. Get More. gear! Image
  • Last quarter you probably saw TAMKO's ROOF More. GET More. promotion starting in February. This quarter - they have great new outdoor products your customers can earn with their purchases! See the flyer below for details.

    See Details

Pricing Updates
  • Pricing Updates*

  •  

    Effective Date Manufacturer Description
    August 13, 2018 GAF Roofing All steep slope roofing; increase in fuel surcharge
    August 13, 2018 USG Interiors All commercial and retail ceiling tile & all commercial & retail suspension systems
    August 13, 2018 Geocel Spray on Citrus Base Products, Select White Lightning and Geocel Silicone based products
    August 27, 2018 Knauf Insulation EcoBatt Insulation, EcoRoll Insulation, Manufactured Housing products, Inner-Safe Batt Insulation. Basement Wall Insulation, All loose fill insulation
    September 1, 2018 Organized Living Lifetime and Shelftech ventilated shelving, corner rounder shelves
    September 1, 2018 Stanley Bostitch Stanley Black & Decker hand tools, accessories, and storage products (excluding Lenox)
    September 1, 2018 Shape Products All products
    November 1, 2018 Sashco All products
    November 5, 2018 Weiser Kwikset, Weiser, and Safe Lock products
  • *The following price changes have been announced by the respective manufacturers and may or may not impact GBP's prices, call your GBP Sales Rep for details.

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