HOT READ
Building Materials Market News & Updates

Thursday, February 10th
Welcome to the Hamilton Hot Read, your regular source for lumber and building materials market news and updates. In this newsletter, you will find quick and informative takes on the building materials market and how Hamilton Building Supply is responding to assist with your ongoing projects. We hope you find this information useful and we encourage you to give us feedback as we develop this newsletter!

-Hamilton Team
Lumber & Commodities
Lumber and commodity pricing had been steadily increasing on a weekly basis since the end of 2021. Pricing has leveled off somewhat and although material is still expensive compared to years past, most material is readily available. Keep in mind wide and long lumber is harder to come by and engineered wood distributors are still limiting supply on certain beam sizes.

If you're getting a lumber/EWP list quoted for an upcoming project, please keep in mind that we only hold quotes for 7 days. After 7 days, we will requote the project and work to the updated pricing.
Windows & Doors
Consumer demand is continuing to extend lead times. Marvin Elevate is pushing to 15 weeks, while Marvin Signature is holding firm at 18 weeks. Andersen on the other hand is shipping 400 series product in about 9 weeks, while their E Series Product is now out to 52 weeks (yes, 1 full year). Marvin had a price increase back in December and Andersen has a price increase taking effect on 2/11.

If you need to meet an architectural spec quickly, be open to considering alternative product solutions. Products like Trimline Windows ,MDF doors, and Cavity Sliders pocket door systems are worth exploring on your next project.
Trim & Siding
We're continuing to see pricing pressure on imported and domestic primed pine. Expect to see price increases on primed pine coming within the next month. Composite trim and siding pricing has been fairly stable since we've realized price increases at the end of 2021.

Western Red Cedar and imported hardwoods are very difficult to source and quote. The price of WRC and FJ Beveled siding is getting closer in line with composite siding options from DURATION Moulding & Millwork. Be sure to ask a sales associate about the benefits of composite siding from DURATION.
Deck & Rail
With decking season fast approaching, Hamilton has made a stocking commitment to several brands including Wolf, Fiberon and Azek/TimberTech. In 2021 manufacturers and distributors struggled fulfilling orders with long lead times and backordered items.

While we expect supply improvement for the 2022 deck season, sticking with the product/color options that are readily available in stock is the best way to control lead time and pricing. On the treated lumber side, we've partnered with Madison Wood to stock #1 Premium Pressure Treated in 2x4 through 2x12 dimensions.
Cabinetry
Cabinet manufacturers continue to deliver at long lead times. 20+ weeks is not uncommon with most semi-custom and custom manufacturers. Stock cabinet distributors like Wolf Home Products are shipping within the fastest time frames right now, around 2-3 weeks.

Cabinetry design and selection is a very long sales process from initial concept to installation. Extended manufacturer lead times create compounding issues on an already lengthy process. Working with a designer who can keep the project organized and moving forward quickly is critical to preserving time.
What's NEW at Hamilton
If you haven't done so yet, be sure to check out our online store and iNet account management portal. In the online store you can create estimates and order material at your account pricing. In the account management portal you can pay your bill online, view PDF's of all invoices and see orders that you have open.

Be sure to sign up for HBS SELECT for FREE delivery, FREE returns and a year end purchase rebate. Membership is $299 for the year.
Our Vision
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"To be an equitable partner with our customers by providing unique and value-added building material solutions, supported by a dedicated team that always seeks positive experiences."

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Hamilton Building Supply | www.hbsnj.com