Our customers are beginning to sell houses. The effect of the last Budget and the 5% deposit to encourage first-time buyers has undoubtedly had a positive impact and, with things beginning to move, it’s the duty of the trussed rafter and joinery supplier to keep the market on its toes and marching forward.
It certainly appears buoyant out there, which is very refreshing. There is an excitement emerging within the industry and as businesses become busier once more, skilled workers are in demand. Recruiting the right people to perform such a technical role isn’t without its challenges.
As the economy contracted in past years, large numbers left the industry. There is still a pool of skilled workers from which to recruit but we are also inviting in new blood to train and become the next generation workforce, which bodes very well for the future.
Youngsters are attracted to the industry, and their drive to succeed and learn is infectious, which is very good.
A little good weather can work wonders and it has done, with our truss division at Scotts working flat-out to meet orders. We have embraced the upturn and invested in new technology, equipment and people, even forming a new company, Scotts Timber Engineering, with its own offices and manufacturing capability to capitalise on opportunities in the West Midlands. When opportunity raises its heads, I believe you must grab it with both hands.
However, as the market returns and strengthens, timber prices (for imported structural softwood) have risen dramatically (20%) since Christmas. You must remain energetic – which Scotts is – to find timber at the right price and the industry has a duty to present the true cost of wood to its customers, as opposed to hiding it and keeping prices artificially low, which in the long-term only hinders progress and creates uncertainty.
By working together, the construction industry now has real potential to lead from the front, driving the nation’s economic revival. Increased building activity and a property market that’s beginning to move are precursors to even greater things in the wider economy.
We need to pull together and keep the cogs well-oiled to ensure everything continues moving in the right direction.
Quality timber products, produced and delivered on time and at the right price will help fuel the resurgence that is now taking place in our sector. Here at Scotts we are unwavering in our commitment to playing our part and incredibly proud to do so.