ILBSA hosts 20th scholarship event
The Indiana Lumber & Builder’s Supply Association will host the 20th Sycamore Scramble Aug. 7 at Oak Tree Golf Course in Plainfield, Indiana.
This event benefits the Blair F. Collings Scholarship Program, which is one of the largest single scholarship granting programs in the LBM industry.
The scholarship program is named to honor the memory of Blair Collings, the son of Ferguson Lumber owner Joe Collings, a past chairman of the National Lumber and Building Material Dealers Association.
Each year, the ILBSA grants thousands of dollars to employees and family members of ILBSA member companies, helping them afford quality higher education. The program has awarded slightly over $200,000 to member firm employees and their family members in college over the past 20 years, regardless of whether the firm is a traditional retail dealer or an industry supplier member.
With a rather in-depth application process, the students’ applications are “blind” judged by a panel of volunteers who consider grade-point average, extracurricular activities, campus and community service, and performance on an essay. The judging is “blind”; i.e., the identity of the applicant, his/her company affiliation, and even hometown are not revealed to the panel.
“The Sycamore Scramble and the Blair Collings Scholarship Program have become synonymous with providing unique and meaningful member services to ILBSA members and their employees”, said Rob Peters (Home Lumber of New Haven, Indiana), ILBSA President. “The thousands of volunteer hours, not to mention dollars, invested in the program demonstrate the high energy and commitment of ILBSA members.”
For sponsorship or participation information, visit www.ilbsa.org.
Weyerhaeuser Distribution in Fresno, Calif. celebrates 35 years
This week, Fresno California’s Weyerhaeuser Distribution center is commemorating 35 years in business this week.
Located at 3267 S. Willow Ave., the Fresno location is one of Washington-based Weyerhaeuser’s five distribution centers in California, and one of 23 in the U.S.
Among its clients who purchase various lumber products like decking and housewrap, as well as siding and trim, are White Pine Lumber, High Sierra Lumber and 84 Lumber. Beyond just wood, the center has on-site estimate services and rebar cutting.
“The Fresno facility is extremely well-run, with a staff-wide determination to provide the best possible service to dealer customers via a diverse product line, unique services and more frequent and timely delivery,” Weyerhaeuser Distribution VP Nate Jorgensen said. “It’s that type of dedication that has helped the facility thrive for 35 years.”
According to Sales Manager Ron Scherber, after 35 years, the store is focusing on “conducting time studies and reducing handling to boost efficiencies and accuracy.
Despite nail duties, UFPI looks strong in Q2
A more stable lumber market boosted the second-quarter performance of Universal Forest Products, even as the company was forced to pay higher duties for Chinese nails.
Universal reported second-quarter net earnings of $21.8 million, up 38.1% over net earnings of $15.8 million for the second quarter of 2013. Net sales were $773 million, up 4.6% from $738 million in the same quarter last year.
“We focused on profitability and made great strides,” said Universal CEO Matthew J. Missad. “The people of this company did the right things to drive sales and increase profitability to meet our strategic goals. They created a better product mix of value-added sales and enhanced operational efficiencies, driving success in the second quarter.”
The company’s earnings were reduced by $1.6 million for expected retroactive increases in U.S. duties assessed against a Chinese supplier of nails the company imported prior to March 2013.
The company said it benefited from a more stable lumber market in the second quarter of 2014 relative to the second quarter of 2013, when the lumber market fell for several weeks, adversely impacting profitability on certain products.
“We had strong sales gains to our retail market, as well as gains in sales to our industrial market. Our construction market saw strong sales to commercial construction; however, those gains were offset by declines in our framing operations, due to our decision to accept only business that meets certain profitability criteria, and to a drop in sales to manufactured housing customers,” Missad explained.
Missad said the company is on track to achieve its goals of $3 billion in sales and operating margins at normal historical levels by 2017.
Sales to retail customers — big box and independent — were up 11% to $349.1 million. The company said pent-up demand from a harsh and prolonged winter gave way to better weather in the second quarter.
The company reported a 4% decline in sales to the commercial construction market.