From Houzz, a landscaping survey
The Houzz 2018 Landscaping Survey found that more than half of homeowners spend more time entertaining outside after completing landscaping projects (51%). More than a quarter of homeowners also report that their usable outdoor area is significantly larger than that of their home (27%).
The Houzz survey of more than 750 U.S. homeowners using Houzz who are in the midst of, are planning or recently completed a landscaping project, was fielded between February and March 2018.
The study found that homeowners invest in a variety of elements during landscaping projects that make their outdoor areas more livable, including ample seating for family and guests with lounge furniture (43%), dining furniture (34%) and benches (27). The addition of fire pits (38%), ceiling fans (15%) and patio heaters (14%), allow people to entertain outdoors year-round, and new string lights (35%) and rugs (14%) suggest a focus on exterior ambiance.
Technology also plays a role in making the yard entertainment-ready. Of the nearly one in five homeowners who added or upgraded entertainment systems during their landscaping projects (18%), three in five opted for a new television (59%), followed by wired and solar speakers (48% and 42%, respectively). One in 10 homeowners also added wired and solar charging stations (14% and 11%, respectively).
Curb Appeal Part of the Plan
While the majority of outdoor projects take place in the backyard (70%), nearly two in five landscaping homeowners update their front yard (39%) and more than a quarter work on side yards (30%). Homeowners adding or updating elements in the front of their home report that the most important features contributing to curb appeal are beds and borders (41%), shrubs (34%) and perennials (25%). Considering these priorities, it’s no surprise that they are also the most popular features installed in front of homes (60%, 54% and 56%, respectively).
The leading reason for homeowners to begin a landscaping project is to improve elements of the outdoor space that have deteriorated or broken down (29%). Following a year of unexpected weather patterns, one in ten homeowners report that their outdoor projects address damage from harsh weather or natural disasters (9%), including hurricanes (35%), rainstorms (26%) and drought (24%). Costs for landscaping projects vary widely, with more than half of homeowners who completed their outdoor renovation spending more than $10,000 (56%) and nearly one-third of homeowners spending less than $5,000 (32%).
Regardless of motivations or budget, the majority of homeowners who completed a landscaping project report that they spend more time outside (67%). Some of the other ways that homeowners enjoy their newly upgraded outdoor space include relaxing (62%) and gardening (44%).
Hiab introduces its Moffet M5 NX forklift
Hiab, the load handling equipment manufacturer, has introduced its new Moffet M5 NX truck mounted forklift.
The Moffet M5 NX is the ideal machine for medium to heavy-duty tasks, with an efficient power to weight ratio, according to Hiab.
“The M5 NX is the newest addition to our NX range of truck mounted forklifts, featuring improved operator safety and comfort, easier maintenance and enhanced styling, all combined with the great performance and trusted reliability that is expected from a MOFFETT,” said Keith Quigley, senior VP for Hiab truck mounted forklifts.
The M5 NX is light enough to be carried on almost any truck or trailer and is capable of lifting up to 5,500 pounds, giving it a highly efficient power to weight ratio. It is available with the option of the Lift AssistTM system, enabling it to safely unload from one side, which gives it supreme flexibility in confined spaces and situations where a normal front-loading forklift simply could not operate.
“With Ground StartTM as standard, the operator can mount and dismount the machine from the ground, and the M5 NX can be dismounted from the truck in less than 60 seconds,” said Nigel Brook, business product manager at Hiab. “The bonnet has been redesigned to give extra visibility, and together with the new LED lights and beacon, interlocking seat belt, a larger enclosure, and new pedal positions, these features give maximum safety and comfort to the operator. And the redesigned bonnet and rear doors make access for daily maintenance checks incredibly easy and fast.”
A wide range of options and attachments allow the M5 NX to be specifically customized to suit differing needs, including varied lift heights, four-way steering and a choice of forks.
Hiab is owned by Cargotec based in Helsinki, Finland.
Fastenal posts solid Q1
Fastenal, the construction and industrial supplies distributor, reported first quarter 2018 net sales of $1.19 billion, a 13% increase from net sales of $1.05 billion in the first quarter 2017.
The Winona, Minn.-based company said net sales increased 1.3% following the March 2017 acquisition of Manufacturers Supply Company. The remaining increase was driven by higher unit sales. Fastener products represented 35% of sales in the first quarter of 2018, Fastenal reported.
The company also reported net earnings of $174.3 million for the period, nearly a 30% increase from net earnings of $134.2 million during the first quarter 2017.
First quarter earnings included an income tax expense of $57.6 million, or 24.8% of earnings before income taxes, as a result of the Tax Cuts and Jobs Act.
Fastenal operates more than 2,600 branches in the United States, Canada, and Mexico along with 13 distribution centers.