Bertfish
Throw bread on me
We use Carroll a lot, and they have been slammed for months.
You happy with their work quality? I've never used them
We use Carroll a lot, and they have been slammed for months.
I am in a very similar industry as you (commercial foodservice millwork) and the 4th quarter is typically a slowdown to a slow 1st quarter. We are on pace this year to have our best and no shortage of work out there with number of competitors shrinking.
Weather doesn't affect us as we are generally the last one's in on the jobs. Profit margins appear to be increasing overall, however tarriff's are starting to hit us in the plywood markets. 5'x8' sheets of plywood were running us $45/sheet and now are around $60.
That’s a huge jump in price, why do you think the tariffs have affected plywood.
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Much of the plywood is coming in from China.
Wtf, I was under the impression that most of the mill work was here in the US.
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There is a large supply chain of Chinese millwork flowing into the US. I don’t think there is a single Hotel chain or high rise apartment/condo project done in the DC metro area in the last 3yrs where the millwork was made in the US. However that business segment is being impacted greatly by the tariffs. Developers who awarded jobs 6 months ago are being asked to pay the difference.
There is a large supply chain of Chinese millwork flowing into the US. I don’t think there is a single Hotel chain or high rise apartment/condo project done in the DC metro area in the last 3yrs where the millwork was made in the US. However that business segment is being impacted greatly by the tariffs. Developers who awarded jobs 6 months ago are being asked to pay the difference.
I speak with other people whom are busy in the local RE market. They (and I to a certain extent) have ALL types of excuses for swings in activity. What we seem to be seeing now is a definite slow down. We are also seeing what is eerily ~2007'esk New Construction pricing. No real rhyme or reason, just insanely high prices that the average Borrower seem to be ready able and willing to pay.
Dunno. I think we're in for a long ride, and, I'm NOT generally the doom and gloom type.
Dredge sales are doing fine. Mining and port building is construction...