NLBMDA asks dealers to contact Congress
As Congress prepares for a final vote on a new tax plan, the National Lumber and Building Material Dealers Association (NLBMDA) is urging members to again contact lawmakers and ask that they support provisions that will help the LBM industry, residential housing, and the economy overall.
The House of Representatives is expected to vote on final passage of the Tax Cuts and Jobs Act (H.R. 1) on Dec. 19, and the Senate is expected follow the same day or Dec. 20.
The NLBMDA said it remains concerned about changes made to the state and local tax (SALT) deduction included in the final legislation that would harm individuals living in areas with higher local and state taxes, and make it more difficult for businesses in those areas to retain and attract workers.
The association also said it “strongly supports” several provisions in the bill, including lowering the corporate income tax rate to 21%, and the immediate write-off of capital purchases – excluding land – through 2022.
By contacting lawmakers, the NLBMDA said dealers can ask Congress to “support responsible tax reform that unleashes economic growth and benefits the LBM industry.”
Here’s the book on Hines Supply
Hines Supply, a leading distributor of building materials in the Chicago area, has released a new book celebrating the company's 125 years in business.
“Hines Supply: The Extraordinary Story of the Edward Hines Lumber Company” chronicles the evolution of the company, from delivering lumber using horse-pulled wagons to a modern industry leader. Illustrated with hundreds of photographs from across more than a century of history, the book details how Edward Hines founded the company in 1892 on the principles of putting the customer first while taking an innovative approach to business.
"It's amazing to learn that Hines was the first company in Chicago's lumber district to put in a telephone, and here we are more than 100 years later as the first company in the area to launch a smartphone app for our customers," said Hines VP of Sales Greg Belcher.
According to the company, the story takes readers through the decades, recounting Hines' instrumental role in supporting the expansion of the Chicago metropolitan area during the 20th century and its continued growth today.
The book is packed with interviews and first-hand accounts telling the stories of Hines' formative years at the turn of century, first use of trucks in 1915, supporting the war effort during World War II, growth into a neighborhood institution during the '60s and '70s, and joining with U.S. LBM in 2010 and subsequently expanding across Illinois.
"We're proud of our history," said Doug Jones, president of Hines Supply. "This book is a celebration of the men and women who have built Hines into a leader over the generations, and we're excited to be able to share their stories."
The book was unveiled to the company's associates and customers at Hines' 125th anniversary party. "We have employees and customers that have been with Hines for multiple generations, and through the book they're able to read and see photos from stories they've heard from their parents and grandparents," added Belcher. "We're excited to share our story, which we know is only just beginning."
Lumber helping lumber in California
Fires hit California this year with a fury that may have never been seen before. And those in the lumber industry were not immune to suffering losses.
In response, the West Coast Lumber & Building Material Association established a fund specifically targeting those in the industry in need of assistance. Funds collected by the association will be used for necessities including food, temporary housing and essentials.
“We are aware that some people don’t have homes and permanent places to stay, are sleeping on couches at friends and depending on help from the various welfare agencies,” said Ken Dunham, executive director of the WCLBMA.
This weekend, the association is sending out it’s first $6,000 in checks to those needing assistance. The campaign began as an idea within the association and Sherwood Lumber, an associate member of the WCLBMA, provided an initial “generous” $5,000 donation, according to Dunham.
“There are a lot of good things going on all across this state after the fires and helping those affected, but it is going to take a long time for many to rebuild their lives when they lost everything in such fast-moving fires,” Dunham said.
To contribute to the assistance fund, checks can be sent to: WCLBMA, 177 Parkshore Drive, Folsom, Calif. 95630.
The association asks that any checks contributed to fund should be noted as “Lumber Helping Lumber.”