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Home builders warn of current deteriorating conditions as a sharp jump in mortgage rates in March and April coupled with ongoing building material supply chain disruptions, labor shortages and high inflation drive up housing costs.
Daniela Vlad has been appointed managing Director of AkzoNobel Industrial Coatings. She will lead the strategic direction across a diverse product portfolio, including coil and extrusion coatings, packaging coatings, wood Finishes, and wood adhesives.
The flooring giant said it will continue fulfilling orders as it seeks a buyer.
The Tennessee-based hardwood flooring, moulding and components producer will invest approximately $15.2 million to renovate and equip the 100,000-square-foot facility.
Although new orders fell 20% in February compared to 2021, it's "not all that bad" considering 2021 figures were up 24% over February 2020, the last month before the pandemic set in, said Ken Smith, managing partner at Smith Leonard.
In an recent Twitter poll, the WoodworkingNetwork.com, asked a simple question: Managers, if you had a choice between a skilled worker who was reliable and quick on their feet, or a shiny new piece of equipment, would you choose the hard-to-come-by skilled worker or the shiny new woodworking machine? While respondents were small, the numbers were telling. With nearly 8 of 10 respondents responding that they would prefer a skilled worker over a new machine.
Access to real-time metrics helps project managers make better, faster decisions.