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Warning Lights: The Economic Impact of West Coast Manufacturing Closures

Warning Lights: The Economic Impact of West Coast Manufacturing Closures

Update: 2024-10-23
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The latest update reveals a concerning trend of mass manufacturing closures along the West Coast, particularly affecting companies that produce essential home improvement materials. Host Eric G. highlights the impact of these shutdowns, including significant job losses and the potential for a supply crisis in the building industry. With seven major mills closing in Oregon alone, the ripple effects on local economies and the availability of materials are likely to be severe. Additionally, Eric discusses the broader implications for homeowners and builders, stressing that when demand for construction rebounds, the lack of suppliers could lead to increased costs and delays. As the episode unfolds, listeners are encouraged to reflect on how these changes may affect their own home improvement projects and communities.

The podcast episode delves into the alarming trend of manufacturing closures on the West Coast, particularly focusing on the home improvement sector. Host Eric G. highlights the significant economic shifts as numerous companies that produce essential building materials and home products shutter their operations. This trend is not just a localized issue; it has broader implications for the entire industry, including potential delays and cost increases for homeowners and builders alike. Eric discusses the ripple effects of these closures, emphasizing how they could create a shortage of materials when the housing market rebounds, reminiscent of the aftermath of the economic downturn in 2008.

Listeners are provided with a detailed account of the closures occurring in Oregon, including the shutdown of major sawmills and manufacturing plants. Eric cites specific examples of companies that have ceased operations, shedding light on the devastation these closures bring to small communities dependent on these jobs. The discussion also points to regulatory changes and rising costs that have contributed to these business failures, painting a dire picture of the future for home improvement industries. The episode serves as a cautionary tale for homeowners and industry professionals to be aware of these trends and prepare for the implications they may have on their projects in the near future.

Takeaways:

  • The podcast highlights significant closures of home improvement brands in the Pacific Northwest.
  • There has been a troubling trend of sawmill closures affecting the Oregon economy.
  • Manufacturing layoffs are impacting the supply chain for home improvement materials nationwide.
  • The host warns about potential shortages in building materials that could drive up costs.
  • Fisher-Price recalls over 2 million infant swings due to a suffocation hazard.
  • Upcoming Halloween special features a remastered episode on haunted houses from years past.

Companies mentioned in this episode:

  • Western Cascade Industries
  • Malheur Lumber Company
  • Wayne Dalton
  • Cornerstone Building Brands
  • Fisher Price
  • Colson
  • Anchor
  • Olivia
  • Rehe Group
  • John Deere
  • Polaris Industries

To get your questions answered by Eric G give us a call in the studio at 833-239-4144 24/7 and Eric G will get back to you and answer your question and you might end up in a future episode of Around the House.

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Information given on the Around the House Show should not be considered construction or design advice for your specific project, nor is it intended to replace consulting at your home or jobsite by a building professional. The views and opinions expressed by those interviewed on the podcast are those of the guests and do not necessarily reflect the views and opinions of the Around the House Show.

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Warning Lights: The Economic Impact of West Coast Manufacturing Closures

Warning Lights: The Economic Impact of West Coast Manufacturing Closures

Eric Goranson