Arch Wood joins the NLBMDA family
Arch Wood Protection, Inc., a supplier of wood preservation products, has joined the National Lumber and Building Material Dealers Association's (NLBMDA) Manufacturers and Services Council (MSC).
NLBMDA's MSC members are prominent suppliers who serve lumber and building material dealers and regional chains across the nation. Their main aim is to promote and enhance the success of independent dealers and regional chains.
Arch Wood Protection licenses production of many prominent brands of pressure-treated wood, including Wolmanized pressure-treated wood now with BARamine technology and Dricon fire retardant treated wood, as well as AntiBlu mold-protection products and industrial products.
In operation for the past 60 years, Arch has global operations in North and South America, Europe, Africa, and Asia Pacific.
What about bankruptcy in 2015?
The story was mostly positive, but the American Bankruptcy Institute has a warning about 2016.
Bankruptcy filing data gathered by the American Bankruptcy Institute for 2015 shows that Americans are marching in the general direction of solvency.
Total bankruptcy filings totaled 819,240 nationwide for calendar year 2015, a 10% decrease from the 910,397 total filings during the same period a year ago, according to data provided by Epiq Systems, Inc.
The 789,222 total noncommercial filings during calendar year 2015 also represented a 10% drop from the noncommercial filing total of 875,648 during calendar year 2014. Total commercial filings during calendar year 2015 were 30,018, a 14% drop from the 34,749 filings during the same period in 2014.
Conversely, commercial chapter 11s registered their first year-over-year percentage increase since 2009 as the 5,309 filings during calendar year 2015 represented a 2% increase over the 5,188 commercial chapter 11s filed the previous year.
“While commercial chapter 11 filings increased slightly last year, total filings fell for the sixth consecutive year and bankruptcies decreased to their lowest number recorded since 2006,” said ABI executive director Samuel J. Gerdano. “However, as interest rates increase the cost of borrowing, more debt-burdened consumers and businesses may turn to the financial fresh start of the Bankruptcy Code in 2016.”
The 53,806 total bankruptcy filings for the month of December represented a 15% decrease compared with the 63,202 filings in December 2014. The 51,171 total noncommercial filings for December represented a 16% drop from the December 2014 noncommercial filing total of 60,700. Conversely, total commercial filings for December 2015 were 2,635, representing a 5% increase from the 2,502 filings during the same period in 2014. The 396 commercial chapter 11 filings in December 2015 registered an 11% increase over the 357 filings in December 2014. Average total filings per day in December 2015 were 1,736, a 15% decrease from the 2,039 total daily filings in December 2014.
The average nationwide per capita bankruptcy filing rate for calendar year 2015 (Jan. 1-Dec. 31) decreased to 2.63 (total filings per 1,000 per population) from the 2.93 rate during calendar year 2014. States with the highest per capita filing rate (total filings per 1,000 population) through 2015 were:
1. Tennessee (5.73)
2. Alabama (5.36)
3. Georgia (5.02)
4. Illinois (4.34)
5. Utah (4.28)
NKBA updates its design certification program
The National Kitchen & Bath Association has updated its design certification program in order to "raise the bar on industry professionalism," as well as simplify the process.
“The NKBA recognizes the importance of maintaining professional development and design certifications, and we want to strengthen these standards and, at the same time, allow students and non-certified members better access to these training resources,” says Bill Darcy, NKBA CEO.
A new Certified Kitchen and Bath Designer (CKBD) accreditation is on the table, integrating the two existing Certified Kitchen Designer (CKD) and Certified Bath Designer (CBD) designations. The certification will be attainable through one single, consolidated exam.
A more rigorous continuing education unit is also among the new changes, with all certified NKBA members to be required to earn 20 CEU hours (up from 12) per two-year cycle.
“By requiring more rigorous CEU program requirements, the NKBA will be regarded as the gold standard in continuing industry education, and will greatly increase the value of our members’ achievements,” concludes Darcy.
Candidates for NKBA certifications can now apply year-round at more than 300 computerized testing facilities in the U.S. and Canada.
The changes go into effect this July 1, 2016.