Remodelers Report Material Shortages

Though markets have cooled a bit going into the fourth quarter 2020, remodelers reported extensive materials shortages during third quarter 2020, according to a survey conducted by the National Assn. of Homebuilders (NAHB) for its Remodeling Market Index.

The survey asked if remodelers were seeing “some shortage” or “serious shortage” in various categories of building materials and supplies. Looking at product categories, the one cited by most remodelers (77%) was framing lumber, and a third of those reported serious shortages. Plywood and OSB shortages, respectively, were reported by 63% of remodelers with 17% and 18%, respectively, reporting serious shortages. The report covered a broad list of materials, with third quarter shortages also reported for millwork (45%), trusses (43%), hardwood flooring (32%) and ceramic tiles (32%). Officials note that the NAHB’s building material Producer Price Index for softwood lumber has almost doubled the five months prior to October, the largest increase since 1975.

 

Latest News

Egger Starts Up In North Carolina

Egger completed its first raw particleboard production line at its new manufacturing facility in Lexington, NC. Employees watched as the first panel underwent the final stages of production, transforming raw wood chips into a finished…

Kerwood Joins Hansen-Rice

Hansen-Rice, Inc. (HRI) announced that Terry Kerwood and Matt Peerboom have joined their heavy industrial team as a business manager and director, respectively. Kerwood’s role is owner/ client advocate and liaison. As director, Peerboom…

Boise Cascade Operation At Elgin Is Up In Air

Boise Cascade has issued a Worker Adjustment and Retraining Notification (WARN) Act notice to its employees at its operations in Elgin, Ore. “We issued the notice in order to ensure that all employees are aware it is…

Westmill Industries Moves Headquarters

Westmill Industries has moved headquarters to a new, larger facility located in Abbotsford, British Columbia, Can. With more than five times more office, warehouse and shop space, and more than 10 times more yard and covered…

Find Us On Social

Newsletter

The monthly Panel World Industry Newsletter reaches over 3,000 who represent primary panel production operations.

Subscribe/Renew

Panel World is delivered six times per year to North American and international professionals, who represent primary panel production operations. Subscriptions are FREE to qualified individuals.

Advertise

Complete the online form so we can direct you to the appropriate Sales Representative. Contact us today!