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Vol. 15, No. 14, July 11, 2016
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MLA LINE
Lumber Industry News Express
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Quick Links
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Event Calendar
Nov. 10-11 - MLA Fall Fling -
Plan to Attend!!
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MLA Associate Members
All Season Bldg. Supply
Allied Building Stores, Inc.
American Wholesale Corp.
Biz Lender - New Member!
Blish-Mize Company
Bluelinx Corporation
BlueTarp Financial Inc.
Boral Light Building Products
BPI - Lbr & Engineered Wood
Builders Material Company
CCM Countertop & Cabinet
Cedar Creek LLC - St. Louis
New Member!
Continental Divide Fence
Dealers Choice Distribution
Delden Mfg. Co., Inc.
Discovery-Based Retail
DMSi Software
Do It Best Corp
ECI Spruce Computer Systems -
New Member!
Epicor Software
Federated Insurance
Forest Products Supply Co.
Frontier Forest Products, Inc.
Great Southern Wood Pres.
Guardian Building Products
Hardman Wholesale Co.
Hawkeye Bldg Dist., Ltd
Hiab USA, Inc.
Hixson Lumber Sales
Huttig Building Products
James Hardie Bldg Products
Klauer Manufacturing Co.
MAX USA Corp.
Metal Sales Mfg. Corp.
Mid-Am Building Supply, Inc.
MiTek Builder Products
Modern Equip. Co., Inc. (MECO Omaha)
Monarch Cement Company
Pennsylvania & Indiana Lumbermens Mutual Ins. Co.
PrimeSource Bldg Products
PWD, Inc.
Rader Solutions - New Member!
Rollex Corp
Schutte Lumber Company
Simpson Strong-tie Co Inc
Tamko Building Products, Inc.
Tax Favored Benefits
Tennison Brothers, Inc.
The Empire Company LLC
Thomas Nielsen Wholesale
Timber Products, Inc.
Treeline Forest Products LLC
USP Structural Connectors
Warrior Building Products
Western Builders Supply, Inc.
Westfall GMC Truck Center
Wingate Sales Solutions, Inc.
Please patronize these companies that support your Association!
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"Fun is one of the most important and underrated ingredients in any successful venture."
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Here's your bi-weekly lumber industry newsletter. We hope you find this quick, responsive format helpful and entertaining. Anytime you have news or views to share with fellow dealers, please don't hesitate to contact us by replying to this newsletter.
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House Panel Holds Hearing on Overtime Rule
Last week, the House Small Business Committee held a hearing on the Department of Labor's (DOL) changes to overtime pay eligibility set to take effect on December 1. The rule increases the salary level under which full-time salaried "white collar" employees qualify for overtime pay from $455 per week ($23,660 annually) to $913 per week ($47,476 annually).
Members are encouraged to visit the
NLBMDA Legislative Action Center
and send a letter to their Representative and Senators asking for support and passage of The Protecting Workplace Advancement and Opportunity Act (H.R. 4773, S. 2707), which would halt the changes to overtime pay eligibility criteria and require DOL to conduct a comprehensive economic analysis on the impact of mandatory overtime expansion to small businesses, nonprofits, and public employers.
Source: NLBMDA, June 27, 2016
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And Now for Something Completely Different
In a referendum on Thursday, British voters chose to sever their country's ties with the European Union after 43 years. Polls suggested the vote on Brexit, as it is called, would be a virtual tie. It wasn't. The margin was 52 percent to 48 percent with 72 percent turnout.
Naturally, pundits are brawling over the impact on the global economy, trying to decide if it's a disaster or a catastrophe. Time and Fox Business are speculating on the total disintegration of the EU as "campaigns in other member nations to hold their own referendums will no doubt gain momentum in the wake of the U.K.'s decision." And more than a few observers think Brexit could give the U.S. housing market a shot in the arm.
Read more.
Source: Greg Brooks, LBM Executive, June 28, 2016
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Richard D. Rasure...
L
ifelong Goodland, Kansas resident Richard Donald Rasure, 83, died Saturday, June 25, 2016, at Perrysburg Commons in Perrysburg, Ohio. He was retired owner of Rasure Lumber in Goodland. He was a past member of Kiwanis and Kansas Lumberman's Association, in which he was a past president. Surviving family includes MLA Past President Kevin Rasure of Goodland. Read more at
http://www.koonsfuneralhome.com/obits/obituary.php?id=609684
Help Wanted...
We have two positions available in Union, Missouri: Estimator/Manager and Front Counter Sales. If you or someone you know is interested, please send resume or request application: [email protected].
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Time to Consider the MLA MEP
MLA has offered a "group" MLA 401(k) plan for members for over a year. It is saving participating dealers on their fees and offering a great benefit to reward their loyal employees. If you haven't taken a serious look at this program, now would be a good time. Find out why smart dealers are making the move to the MLA program. Call the MLA Hotline at 800-747-6529, or
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Have You Checked out the MLA Online Campus?
The MLA Online Campus provides you and your employees with high-impact, "real-world" training that develops your leaders, retains your best people and increases your customer loyalty. Each employee has a unique username to access the campus, which houses more than 700 courses on customer service, sales, leadership and more. Want to try a program for yourself? Click here to view another one of our popular courses. If you like what you see, contact us for a one-week trial subscription to see the hundreds of available courses.
Learn more
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Industry Update
Epicor Sold to Investment Firm KKR...
Epicor Software Corp., the biggest provider of software to building supply firms, announced July 5 it will be acquired by the global investment firm KKR. Terms weren't revealed for the deal, which is expected to close by the end of August.
Source: Craig Webb, ProSales, July 6, 2016
Brexit Causes Uncertainty but Housing Remains a Bright Spot...
Recent data on home construction and new home sales show a slight dip after prior above-trend readings of the market. However, the long-run picture remains one of growth for single-family home building, as favorable demographics challenge existing supply-side headwinds concerning access to lots, labor and lending. Indeed, housing remains a bright spot for an economy overcoming yet another soft first quarter and dealing with financial uncertainty related to Brexit.
Read more
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Source: NAHB Eye on the Economy, June 29, 2016
Beware: OSHA Fines to Rise 78 Percent Starting August 1st...
The maximum penalties for violations of OSHA rules will rise by 78 percent starting Aug. 1, the Labor Department announced today. The hike implements changes required by Congress' passage last November of the Federal Civil Penalties Inflation Adjustment Act. That law required agencies to publish "catch up" rules regarding the penalties they impose so that the penalties no longer lose their financial sting because of inflation. For instance, OSHA's maximum penalties haven't changed since 1990.
Read more
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Source: ProSales Business Update, July 4, 2016
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Risk Management That Measures Up
 We live in a measurement-focused society: how many; how far; how fast; how much more, or less, than last year. Popular thought often asserts that if it's not measurable, it's not a worthwhile goal. How can you justify spending time and money on something you cannot prove or quantify? On the surface, that may not be easy, but consider the following... Read more.
This article provided courtesy of Federated Mutual Insurance Company, your association's recommended insurer.
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