Simpson Manufacturing: Construction Recovery Builds Future Growth

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Knutson Construction Receives Recognition at the Constructech 2013 Vision Awards

(click to enlarge) Building permits provide a less volatile look at future construction material demand, including Simpson fasteners. Permits also suggest the company’s sales will continue higher. (click to enlarge) Further supporting demand for Simpson’s products, construction in hurricane prone Florida is picking up with 4,637 permits issued for single family homes in August. That’s 30.7% more permits issued in August than last year. Yet, it remains well below peak and long term permit activity dating back to the late 1980’s, suggesting plenty of room for growth. (click to enlarge) California, another important market for structurally stringent construction materials, is similarly bouncing back.

‘Construction companies need to invest in their business to grow the industry’

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government data. China Investment Corp., the countrys sovereign wealth fund, took an 8.68 percent stake in Thames Water Utilities Ltd. in 2012 and also made a 450 million-pound investment in Heathrow Airport. London is vying with Frankfurt, Paris and Zurich to become a trading hub for the Chinese currency. The Bank of England became the first European central bank to establish swap facilities with China, announcing a three-year 200 billion yuan ($33 billion) currency swap line in June to promote financial stability and trade. Beijing Construction Engineering Group, which is controlled by the municipal government, provides engineering construction services, municipal public works and real-estate development, according to its website.

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“This year’s competition brought forth companies that have shown great devotion to pushing their companies forward using modern technology,” says Peggy Smedley, editorial director, Constructech. “That is exactly what is so great about the Vision Awards. It brings to light the companies that have implemented innovation and have obtained notable success in the industry.” “Knutson Construction Services is always looking for ways to introduce innovative technologies for improved business processes and enhanced customer services,” stated Dale Rohling, Accounting Manager, Knutson Construction Services. “We wanted to centralize our financial accounting and subcontractor payment application processes, including collection of subcontractor invoices and lien waivers, review http://www.ihireconstruction.com and approval of payment applications and processing of electronic payments to the subcontractors and suppliers. We are pleased with the success that eCMS Connect for Textura–CPM has brought to our organization and are honored with the Vision Award recognition.” “Computer Guidance was pleased with the recognition as a leader in delivering construction enterprise-class software for the industry and we are equally pleased with the partnership that we have established with our long-term customer, Knutson Construction Services and strategic technology partner, Textura Corporation,” stated Mike Bihlmeier, President, Computer Guidance Corporation.

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Textura’s http://www.ihireconstruction.com Construction Payment Management integration with Computer Guidance’s eCMS Connect enabled Knutson Construction’s process reengineering and improved effectiveness in invoicing, lien waiver collection, compliance and payment. “This year’s competition brought forth companies that have shown great devotion to pushing their companies forward using modern technology,” says Peggy Smedley , editorial director, Constructech. ” That is exactly what is so great about the Vision Awards. It brings to light the companies that have implemented innovation and have obtained notable success in the industry.” “Knutson is always looking for ways to introduce innovative technologies for improved business processes and enhanced customer services,” stated Dale Rohling , Accounting Manager, Knutson Construction Services. ” We wanted to centralize our financial accounting and subcontractor payment application processes, including collection of subcontractor invoices and lien waivers, review and approval of payment applications and processing of electronic payments to the subcontractors and suppliers.

Knutson Construction Receives Constructech 2013 Gold Vision Award

We thank God that 20 years down the line, all the things we thought we were not going to be able to achieve, we are beginning to achieve now. We are not there yet, but we are beginning to see the time when these things are coming to pass. Now, we do tenders with multi-national corporations and beat them, and when we do the job, we do it better than they. This makes us happy that we are able to compete with them head to head. The companys defining moments We have had three defining moments in the life of this company. The first was our Guarantee Trust Bank job which was our first job valued at $2,000. Our second defining moment was our MTN Enugu job which we did in 2004.

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