Mark Sanford to speak at PDIS
Former South Carolina Governor and current Congressman Mark Sanders will speak to attendees of the 2016 Pro Dealer Industry Summit in Charleston, South Carolina, Oct. 25-27.
Sanders will deliver the closing keynote at the event, designed for lumberyard dealers, distributors and their suppliers.
Sanders was sworn-in as a member of the 113th Congress after winning a special election in May 2013. His official bio includes:
• As the 115th Governor of South Carolina, serving from 2003 until 2011, he accomplished a long list of firsts, such as cutting the marginal income tax rate, the largest recurring tax cut in state history, first of its kind tort reform, workers' compensation reform, and bringing about the first statewide charter school district in the nation. All these actions were aimed at making the state a more inviting place in which to invest and build a business, and cumulatively led to $24 billion in capital investment – more in his governorship than during any other administration in South Carolina's history.
• Prior to serving as governor, Mark represented South Carolina’s First Congressional District in the U.S. House of Representatives in Washington, DC from 1995 until 2001, where he was ranked by Citizens Against Government Waste and the National Taxpayers Union as the most financially conservative member in all of Congress for his efforts to rein in wasteful spending and reduce the national debt.
The Pro Dealer Industry Summit is co-hosted by the National Lumber and Building Material Dealers Association and HBSDealer. For more information about the Summit, including agenda and registration, click here.
Market Recap: RISI Crow’s Construction Materials Cost Index
A price index of lumber and panels used in actual construction for Sept. 16, 2016
Western – regional species perimeter foundation; Southern – regional species slab construction.
Crow's Market Recap — A condensed recap of the market conditions for the major North American softwood lumber and panel products as reported in Crow's Weekly Market Report.
Lumber: The SPF market was liquid, yet some discounting was done on the part of mills to make sure volumes moved. Discounts at eastern mills were more prevalent than at mills in the West, where sales activity improved moderately in the middle of the week. Some Southern Pine pricing managed to turn around over the last couple of weeks, but upward price momentum is limited. The lack of upward price movement prompted buyers to pick off immediate needs consisting of conservative volumes. Variations in the amount of demand Coastal species lumber producers have experienced over the past few weeks have varied little. The lack of any urgency among buyers to purchase additional volumes again led to flat to moderately downward. Buyers kept inventories light by purchasing moderate volumes while still experiencing good sales activity. In Inland lumber, buyers do not want anything extra; they are taking just what they need. This brings them back frequently to check on order status and to see if anything new has developed regarding tallies. Demand for studs was limited, not enough to press prices significantly higher yet not enough to push them much lower – in most instances. Prices for 8’ in both 2×4 and 2×6 were largely flat. Much of the limited volatility was found in 9’. Ponderosa Pine 6/4 Mldg&Btr and #1 Shop showed a little residual strength this session, with modest increases in both. The most recent market weakness in Ponderosa Pine boards has been in 1×10 and, especially, 1×12 in all Common grades. Most Western Red Cedar producers reported good sales activity, although the pace is not what it was this summer as buyers reduce their volumes. Buyers often looked for prompt shipments.
Panels: Buying patterns in OSB remained quite the same as last week – hand-to-mouth with buyers very cautious about taking on anything but immediate needs. Order files are into the weeks of September 26 and October 3 for most producers. Pricing in the Southern Pine plywood market remained weak overall. Domestic producers struggled with too much availability in the market and, subsequently, significant downward price pressure. Plenty of prompt availability existed and remains for next week. Order file strength kept Western Fir plywood producers from having to lower quotes. Those lead times stretched out as far as the week of October 3, but significant volumes remained available for September 26. Sales activity was lackluster. Producers of Canadian plywood did some discounting again this week to keep order files moving out and boost market pulse. By the end of the week, pricing firmed back up, but there was no real scramble for wood. Lead times for particleboard were usually comfortable for both mills and customers, with mill order files extended into early to mid-October. A wide variety of customer segments continued to purchase solid volumes of MDF.
For more on RISI, click here.