HBSDealer Stock Watch: More volatility
|There were more decliners than gainers during trading on Friday, with BXC and TSCO leading the retreat — down 3.2% and 3.1%, respectively. Bright spots included HBP, up 1.6%; and WY, up 0.8%.|
|BLDR (Builders FS)||19.20||-0.16%|
|BMCH (BMC Stock)||18.50||-1.60%|
|CENT (Central Garden)||40.49||+0.32%|
|DE (Deere & Co.)||149.98||-0.19%|
|HD (Home Depot)||172.80||-0.32%|
|LL (Lumber Liquidators)||22.54||-1.53%|
|SMG (Scotts Miracle-Gro)||83.11||+0.70%|
|TSCO (Tractor Supply)||58.32||-3.12%|
|UFPI (Universal Forest)||33.02||N.C.|
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Allura reopens Indiana facility
Building products manufacturer Allura has reopened its 438,000 square-foot manufacturing facility in Terre Haute, Ind.
The plant produces exterior siding, trim, soffit, and shakes for new residential construction in the Midwest. Shut down in 2014, the factory employs 60 full-time workers. “The lights are back on,” said Allura CEO Jessica Navascues.
The 95-acre property also includes a 9,152 square-foot office building along with railroad spars and storage areas.
Terre Haute Mayor Duke Bennett, Terre Haute Chamber President David Haynes, representatives from Allura’s parent company Elementia and representatives from several homebuilding companies joined Navascues at the ceremony.
“We welcome back Allura with open arms,” Bennett said. “Companies in Indiana make products for the entire nation and we’re certainly thrilled to help do our part in Terre Haute.”
Allura also operates manufacturing facilities in North Carolina, Oregon and Nuevo Laredo, Mexico. The company specializes in fiber cement home building products include natural-looking siding, shakes and shingles, panels and soffit available as an alternative to wood, vinyl and other traditional building materials.
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Readers Respond: Made in USA momentum
Last week’s poll question tackled the concept of pocketbook patriotism. Will the American consumer, in support of all things American,
HBSDealer asked the question, “How would you describe the current demand for Made in USA Products?” The answers should be received as welcome information to domestic manufacturers.
After 153 votes, the leading vote getter was “strengthening.” Here is the breakdown:
• Strengthening, 55.6%
• No change, 37.3%
• Weakening, 7.2%
The poll remains open, accessible on the right-hand side of the scree (or scroll down on mobile devices). Also, tell us here what are you seeing in the market that affects Made-in-USA products?
People would like USA made products but as soon as the price goes up for the same imported product they will complain and not purchase that item. I was a sales rep for 30 yrs and everyone says they want made in USA until they have to pay more. I represented companies that were imports and USA made and it all came down to cost.