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STEEL FABRICATORS’ REVIEW
SPRING 2011
LYLE MENKE Continued from page 2
Architects Getting Busier – More Projects Coming
Invest in Your Future… Take Time to Read This Issue
A leading indicator of “potential projects” is the Architectural Billing Index (ABI) which reflects the activity level of structural architects. Here is some data from their latest report:
You may have noticed some subtle changes to the STEEL FABRICATORS’ REVIEW magazine. We are focusing more on shop areas that help you compete… giving you more substantial information on topics that help your business:
The Architecture Billings Index (ABI) score of 50.6 for February indicates that growth occurred at architecture firms that month. This marks the fourth consecutive month that the ABI has been 50 or higher; an encouraging sign for a recovery. In addition, inquiries into new projects remain strong at firms. And while the majority of firms reported that the value of new design/designbuild contracts remained about the same, nearly one quarter (24 percent) indicated that the value increased by 5% or more for the Month.
• MOUNTAIN STATES STEEL: AISC Certified for Bridges • NORCO MANUFACTURING: Technology Moves Them Forward • KOSTAS LIAROMATIS: Attending NASCC Empowers a Greek Fabricator There is a common theme about successful companies. They choose to upgrade and improve their business by investing for the future. It is not a risk – it is a sure thing.
Eight years ago, a wise steel fabricator told me to “Invest in the future, it is where we will all spend the rest of our lives…” That same steel fabricator has doubled his business, his profits, and revenue, while other companies are struggling.