Metal Stamped Construction Components Featured In Crain’s Story On The Overall US Housing Market

Crain’s Cleveland Business reporter Dan Shingler recently spoke with Talan Products’ President, Steve Peplin about the resurgence of residential building and how that resurgence in turn affects our business. Steve mentioned having met with a client and reviewing the ABI – the Architectural Billings Index which is a  gauge of construction activity. The ABI has been charting up nicely indicating there’s some positive improvement in building.

A couple great quotes from the story, which can be read here on Crain’s Cleveland Business.

Mr. Peplin said his construction-related sales are up by more than 10% in the last six months due to increased construction activity. The vast majority of Talan’s products are linked to the construction market, Mr. Peplin said. That includes items such as brackets and other parts used in the actual construction of homes and commercial buildings, as well as parts for solar panels that are, more often than not, linked to a construction project.

So when data show that construction in the United States is on the way up, that’s a good indicator that Mr. Peplin’s business also will be on the rise, he said. Lately, he has seen signs of strength from more than just the ABI. For instance, the U.S. Department of Commerce reported on March 19 that housing starts for February were at 917,000 nationally — up 10% from the month before and at their highest levels since the recession brought hammering to a halt.

As Mr. Shingler points out in the article, lots of new construction requires lots of stamped metal parts. And as metal stamping companies like Talan add customers and production, we ultimately wind up adding employees to keep pace. So stay tuned!

Tags: Building, Construction, Talan Products News

Posted in: Blog, Metal Stamping