September 19, 2017 Volume
xxiii, #35
“You are never too old to set another goal or to dream a new dream.”
— C.S. Lewis (Irish novelist, essayist, and theologian, 1898-1963)
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Softwood lumber dispute could benefit from hurricanes’ destruction
OTTAWA — The devastating impact of the hurricane season on the U.S. South could have a silver lining for Canadian softwood lumber producers. As communities look to rebuild in the wake of Hurricane Harvey in Texas, followed by further damages from Irma in Florida, demand for lumber has risen—and so has the price. However, the end result could be a softening of U.S. resolve in the perennial softwood lumber dispute.
“Rebuilding Houston means they are going to have to keep buying every single log they can get their hands on from Canada,” Scotiabank economist Brett House told the Canadian Press, “and that’s really going to provide an incentive to move forward on the softwood lumber discussions in a way that’s constructive for Canada.”
Joel MacLaggan, sales manager for Nova Scotia lumber broker Eacan Timber, told The Chronicle Herald that lumber prices this year have increased by 21%, an amount slightly greater than the 19.9% countervailing duties imposed by the U.S. The American National Association of Home Builders has responded to those figures by interceding with the White House for a settlement to the dispute, warning that tariffs “will be felt most harshly by families trying to rebuild.”
But, ultimately, NAHB CEO Jerry Howard doesn’t anticipate the U.S. Lumber Coalition backing down on its complaint as long as it enjoys bipartisan support in Congress, hurricane or no hurricane. “I think you can make the argument they should [solve the dispute] but I just don’t think it will happen,” he told CP. “The politics come in the way.”
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U.S. retailers pitch in to support hurricane relief
SPECIAL REPORT — U.S. retailers have been stepping up to support the victims of the hurricanes that have devastated much of the American South.
Lowe’s announced a commitment of at least $1 million to support disaster relief and recovery efforts through cash and product donations as Hurricane Irma struck communities in Florida, Georgia, and South Carolina. The latest donation brings Lowe’s total contribution to disaster relief this year to more than $2 million following the major flooding and damage caused by Hurricane Harvey.
Walmart has pledged to match customer donations to the American Red Cross up to $10 million. Target announced it would pledge $1 million in cash and in-kind donations to support communities impacted by Hurricane Irma, while Home Depot also raised its commitment to $2 million for hurricane aid this season.
And while national retailers are making efforts to support stricken homeowners, relief efforts go right down to the local level. Susan Murff, co-owner of Cypress Hardware and Feed in Houston, a city that was hit with four feet of rain in a matter of days, considers herself fortunate. Her store suffered minor roof leaks, but did not experience the flooding that has gripped other parts of Houston and nearby Texas towns.
“It was a crazy amount of rain, but we’ve done very well. We never lost power, but houses as close as two blocks behind us are totally underwater,” Murff says. She adds that her store never closed during the storm, but staff did take special precautions to help distribute emergency supplies to shoppers before Hurricane Harvey struck, as people lined up through the night to buy supplies.
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LBM buying groups give independents an edge—despite lagging last year
WORLD HEADQUARTERS, Toronto — The majority of Canada’s home improvement dealers are members of an LBM buying group, offering an effective way for smaller businesses to pool their purchasing power into larger volumes. However, despite the efficacy of the groups, overall sales did not keep up with the industry average last year, according to the latest research from HARDLINES.
While affiliation with buying groups helps independent dealers stay competitive, the groups nevertheless faced tough market conditions in 2016, according to the 2017-2018 Hardlines Retail Report. Much of that came in the form of competition from the industry’s top retail chains, such as Home Depot Canada and Lowe’s Canada.
Dealers operating within LBM buying groups experienced growth that lagged behind the industry average in 2016. The retail home improvement industry overall grew by almost 3% last year; buying group sales grew by a mere 0.4%.
In terms of sales volume, the largest group in Canada is represented by the building centre dealers within Home Hardware. Collectively, sales by LBM dealers in Home Hardware exceed $4 billion, representing the lion's share of Home's total sales of $6.1 billion.
That group is followed closely by Independent Lumber Dealers Co-operative, with collective retail sales by its members of $3.8 billion. TIMBER MART and Castle follow, with estimated sales of $2.8 billion and $2 billion respectively. The other noteworthy groups in Canada are Sexton Group, Delroc Industries, and Quebec-based Groupe BMR and Pilon Ltée.
(You’ll find further in-depth analysis of the buying groups, how they operate, and sales and store counts for each group, in the 2017-2018 Hardlines Retail Report. This amazing report features everything we know about the size and growth of the retail home improvement industry in Canada, all packed into 200 PowerPoint slides. Click here now for more info and to order yours today!)
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Roxul will rebrand in North America as Rockwool
MILTON, Ont. — Roxul Inc., the North American division of the Rockwool Group, is undergoing a rebrand to the Rockwool name. The Rockwool brand has been marketed internationally for 80 years and now will be adopted in North America for the company’s insulation business. It takes effect January 1, 2018, and will apply to all segments of Roxul’s North America insulation business.
Rockwool, which operates in 35 countries with 10,600 employees, manufactures stone wool products ranging from building insulation to acoustic ceilings and external cladding systems. The company’s Rockfon ceiling tiles and Grodan horticultural business will continue to operate under their respective brand names.
The new branding will be integrated into all products, marketing materials, and digital and social channels throughout North America.
The North American name change follows an announcement in April from the Rockwool Group that all its global subsidiaries have assumed a new, cohesive brand identity. This marked the introduction of the Rockwool symbol―a stylized graphic representing a volcano―as well as a new purpose statement that conveys a goal for all Rockwool companies to “release the natural power of stone to enrich modern living.”
“The rebrand creates a unified identity for our company, its solutions and benefits on a global scale,” said Trent Ogilvie, president of Roxul Inc.
Since 2014, the Rockwool Group has invested $350 million in three new North American manufacturing facilities, including a recently announced stone wool plant in Ranson, W. Va. Construction of the 460,000-square-foot facility will begin next month.
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Ken Robb is now category leader at Princess Auto Ltd. He moved to the Winnipeg-based retailer from Ace Canada (previously TruServ Canada), where he had been in buyer roles since 1991, including most recently senior buyer.
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CLASSIFIED ADS
Taymor Industries Ltd. is now recruiting for a National Sales Coordinator for their Retail Channel – located out of their Mississauga location.
Family owned since 1948, Taymor is a leading designer and manufacturer of architectural hardware.
If you would like to receive a detailed job description for this role or have any questions, please submit your request to careers@taymor.com.
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