live from the trade show -woc2016final
TRANSCRIPT
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Live from the Trade ShowHeadwaters MB
-International representation increased this year by 22%, another positive sign that the industry continues to grow and thrive.
-Four cities, New York City, Charlotte, Edmonton and Seattle-Tacoma were named “Hardest Working Cities” indicating these cities commitment to growth and innovation.
-Insulating concrete forms (ICF) were showcased by several companies. These forms are winning over builders as a construction alternative that is twice as energy-efficient as wood-frame structures and increases the home’s value 15% with little to no increase in upfront costs.
-At a briefing timed with the opening of WOC, Portland Cement Association Chief Economist Ed Sullivan offered critical energy and housing market footnotes to his latest U.S. cement consumption forecast. Released in November, it projects year-over-year gains of 5 percent, at best, in 2016, and 5.7 percent for 2017. At those levels, U.S. portland and masonry cement shipments will climb from 92 million metric tons (mt) in 2015 to 96.4 million mt and 102 million mt this year and next.
-Construction market and cement consumption uncertainties tied to energy and home building labor variables are somewhat countered by the FAST Act (Fixing America’s Surface Transportation) passed by Congress. Experts project FAST will increase project activity and annual cement consumption 370,000 to 1.4 million mt over the law’s five-year (FY2016–2020) term.
Darin GoodManaging Director303-549-5674 [email protected]
Charlotte FransonVice President [email protected]
Disclosure: This newsletter is a periodic compilation of certain economic and corporate information, as well as completed and announced merger and acquisition activity. Information contained in this newsletter should not be construed as a recommendation to sell or buy any security. Any reference to or omission of any reference to any company in this newsletter should not be construed as a recommendation to buy, sell or take any other action with respect to any security of any such company. We are not soliciting any action with respect to any security or company based on this newsletter. The newsletter is published solely for the general information of clients and friends of Headwaters MB, LLC. It does not take into account the particular investment objectives, financial situation, or needs of individual recipients. Certain transactions, including those involving early stage companies, give rise to substantial risk and are not suitable for all investors.
This newsletter is based upon information that we consider reliable, but we do not represent that it is accurate or complete, and it should not be relied upon as such. Prediction of future events is inherently subject to both known and unknown risks, and other factors that may cause actual results to vary materially. We are under no obligation to update the information contained in this newsletter. Opinions expressed are our present opinions only and are subject to change without notice. Additional information is available upon request. The companies mentioned in this newsletter may be clients of Headwaters MB, LLC. The decisions to include any company in this newsletter is unrelated in all respects to any service that Headwaters MB, LLC may provide to such company. This newsletter may not be copied or reproduced in any form, or redistributed without the prior written consent of Headwaters MB, LLC. The information contained herein should not be construed as legal advice.Headwaters MB is an independent, middle-market investment banking firm providing strategic
merger and acquisitions, corporate finance services and merchant banking through proprietary sources of capital. Headwaters is headquartered in Denver, CO, with 6 regional offices across the
United States and partnerships with 18 firms covering 25 countries. For more information on Headwaters’ Building Products & Construction Services Practice please contact Charlotte Franson
at [email protected] or Darin Good at [email protected].
Industry Observations
Key Participants
Headwaters’ Building Products & Construction Services team recently attended the World of Concrete Show in Las Vegas. This premier annual international event is dedicated to the commercial concrete and
masonry industries. Over 60,000 professionals attended this year’s show which featured 1,532 companies making it the largest in seven years.
Innovative ProductsCrude Hands by RPS Solutions has drastically reduced the number of hand and finger injuries in the construction industry. Crudehand Smartskin Impact gloves offers impact protection with patented technology that creates more resistance, the greater the force. These gloves protect your hands from blunt force, impact, crushing and pinching, all of which contribute to the most claims, costs and work-days lost. www.crudehandsgloves.com