SBC Industry News

In the span of two months, the coronavirus crisis has demanded sweeping changes from the U.S. construction industry, and experts say many of them will remain in place even after the outbreak recedes.

In mid-March, SBCA jumped into action on changes to business operations due to COVID-19 to track ongoing developments, create tools and gather best practices that would help component manufacturers (CMs) navigate the ensuing challenges as best as possible.

During the first quarter. GDP growth posted its worst performance since the Great Recession, recording a -4.8% growth rate.

Builders First Source (BFS) reported 2020 Q1 sales of $1.78 billion, up 9.5% over Q1 2019.

BMC Stock Holdings (BMC) reported an increase in Q1 2020 sales of 11.6% over the same period a year prior.

“Double check who is sending you mail these days,” says SBCA’s Accounting Manager Mike Younglove, “especially if they are asking you to change any financial information.”

SBCA and LMC have started a collaborative relationship focused on sharing one another’s expertise to further advance the interest of the component manufacturing industry.

SBCA recently launched new websites for all the association’s chapters to offer a modern and updated design.

The Paycheck Protection Program enabled businesses with fewer than 500 employees to receive low-interest loans, subject to loan forgiveness.

While the video address from NFC President Pedro Loureiro on April 22 to NFC members outlines the dangers of working in framing, it also celebrates the ways this reality has prepared the industry for dealing with the world’s newest danger: the COVID-19 pandemic.

Since March 18, SBC Magazine has conducted a weekly online survey of component manufacturers (CMs), intent on tracking the impact of the COVID-19 Coronavirus on the industry.

Due to unforeseen circumstances, Framer Summit is heading back to Columbus, Ohio in 2020. The new event dates are September 28 – 30. 

The Great Stuff™ Smart Dispenser™ has been awarded Gold for the 2020 Edison Awards™ in the industrial design category.

All workplaces can take the following infection prevention measures to protect workers and reduce the risk of exposure to coronavirus.

In today’s market, many general contractors shy away from cast-in-place and embed plate anchoring solutions due to the cost and time it takes to install.

To help raise awareness of sun overexposure, the National Council on Skin Cancer Prevention created National Don’t Fry Day, an annual event the Friday before Memorial Day to encourage sun safety awareness, which also gives companies an opportunity to take another look at their safety program and best practices for working in warm weather conditions.

On April 23, 2020, the SBA by way of FAQ #31, provided meaningful direction concerning the PPP loan certification as to “necessity.”

The U.S. Department of Labor (DOL) initially gave employers time to comply with coronavirus-related paid-sick-leave and paid-family-leave mandates and correct mistakes without facing scrutiny, but the department has now officially ramped up its enforcement efforts.

Vecoplan Midwest, LLC, a subsidiary of Vecoplan LLC, has established a program to help organizations that are handling the COVID-19 pandemic.

The BCMC Committee and staff remain committed to hosting an excellent BCMC. We look forward to helping everyone in the component manufacturing industry “Sharpen Your Vision” at BCMC 2020.