LBM 100 list shows big gains, new challenges. May 6th 2022 Edition
This is a significant accomplishment when considering ABSi is a Window and Door dealer only and does not supply general building materials.
Last year, LBM Magazine launched the LBM 100 in the midst of one of the building material industry’s most challenging and intriguing times. A year into the pandemic, dealers had spent the previous 12 months on a roller coaster of uncertainty, as they first tried to keep their businesses afloat during closures, then quickly pivoted to supplying an unexpectedly robust construction and remodeling market. The result was a list of strong numbers put forth by dealers portraying a combination of optimism, pride, perseverance, and whiplash.
The overall results feel a bit familiar, with absolutely tremendous growth and a unique set of challenges. Though the nation’s dealers continued to navigate the pandemic in 2021, the challenges that accompanied it were slightly different. Pandemic-amplified labor shortages and continued supply chain constraints and price hikes have only worsened and have recently been joined by rising inflation and fuel costs, due in part to the war in Ukraine. At the same time, booming residential construction activity continued throughout 2021, forcing dealers to channel their problem-solving even more as they tried to keep materials in customers’ hands, deliveries on time, and expenses down.