The latest World Drywall & Building Plaster study from The Freedonia Group puts global drywall demand at 10.4 billion square meters by 2018, indicating an annual growth rate of 5.8%. This stands in stark contrast to demand during the 2008-2013 period.
Freedonia analyst Allison Blackburn noted that the growth will largely ride on the back of the Chinese and U.S. market, where nearly three-quarters of new demand will be generated.
Kathryn I. Thompson, CEO and director of research at the Thompson Research Group, brings over 15 years of experience to analyzing, modeling and advising investors on the construction material industry.
Thompson will share her thoughts on the industry with the ProDealer Industry Summit, Oct. 28-30 at the Hard Rock Hotel in San Diego.
Jerry Howard, CEO the National Association of Home Builders, will speak at the Spring Meeting & Legislative Conference. He will join Senator Ron Johnson (R-Wis.) at the Washington Briefing Breakfast April 1.
Howard has worked as a legislative analyst at the National Association of Realtors, the chief lobbyist for the National Council of State Housing Agencies, and tax counselfor the NAHB. He was promoted to NAHB's executive VP and CEO in February 2001.
According to a new ABI Research study, there will be over half a billion wireless smart home monitoring devices installed in homes worldwide by 2018.
“Combined, over 84 million contact and motion sensors will ship annually by 2018; however, it is smart plugs, smart door locks and connected smoke & CO detectors that will see the greatest shipment growth,” said senior analyst Adarsh Krishnan.
According to a new Freedonia Group study, U.S. demand for fiber cement products is expected to grow at an 8.5% annual rate, reaching 2.9 billion sq. ft. (valued at $2.2 billion) by 2017.
"Advances will be driven by a rebound in residential building construction spending, particularly in the new housing segment," explained Freedonia Group analyst Matt Zielenski. The study also highlights the role of fiber cement's "favorable aesthetic and performance properties."
Winona, Minn.-based Fastenal Co. said it expects to miss the average analyst net earnings expectations for the fourth quarter of 2013 of $0.36 per share.
The company listed three reasons for the miss. First is weakness in the heavy manufacturing component of the business. This weakness first appeared in late 2012, and intensified in recent months, the company said.
During a recent Goldman Sachs investor conference, analyst Matt Fassler described Tractor Supply as “one of the most unique differentiated growth stories in retail.”
That was the cue for CEO Greg Sandfort to share some of the Brentwood, Tenn.-based company’s insights into its large and growing brand of farm-and-ranch retailing. And he shredded a few myths of rural retailing in the process.
Jason Mora recently joined Versatex as a market development specialist.
Based in Manchester, N.H., he spent the past three years building his skill set as a client service analyst with Mercer Investments of Norwood, Mass., and as a senior sales representative at Flagship Merchant Services, the transaction processing organization headquartered in Charlestown, Mass.