Posts Tagged ‘ input costs ’

High Input Prices Cost U.S. Subcontractors $97B in Extra Expenses

May 15th, 2023

Subcontractors bore the brunt of uncertain microeconomic conditions and struggled to overcome increased input costs that outpaced bids in 2022, reports Billd, a financing solutions provider. The company recently released its annual National Subcontractor Market Report survey, which dives into the economic realities of subcontractors. Nearly 900 subcontractors participated. The report highlights the struggles that […]

Huttig Building Products Reports Record Fourth Quarter And Full Year Net Income

Mar 4th, 2022

Huttig Building Products Inc., a domestic distributor of millwork, building materials and wood products, has reported financial results for the fourth quarter and year ended December 31, 2021. In the fourth quarter of 2021, the company’s net sales were $230.4 million, which were $45.8 million, or 24.8%, higher than the fourth quarter of 2020. The […]