Perspectives: Industry leaders share their market views

Photo: isabela66/iStock / Getty Images Plus/Getty Images
Photo: isabela66/iStock / Getty Images Plus/Getty Images
Escalante
Escalante

“In terms of prices, I’m very encouraged by our price increase that took very well during April. Everything is going well. As always and as normal, [there are] small hotspots here and there but nothing major – nothing that tells us the industry is not consistently trying to recover cost inflation through these prices in April. Everything is going as expected.”
– Enrique Escalante, GCC


Strader
Strader

“Now that interest rates are showing signs of coming down some, people are more confident to go ahead and make a purchase. I know a lot of manufacturers are buying down those interest rates to continue to grow their businesses – and this goes for all manufacturers, not just ours. Now that things have slowed a bit as far as bringing on a lot of new inventory, it’s forcing the hand of the manufacturers to participate a little more in programs like that.”
Mark Strader, Brandeis Machinery-Power Equipment


von Achten
von Achten

“We are optimistic about the remainder of the year and anticipate a sustained stabilization of demand in our core markets. At the same time, we will continue to implement price adjustments and strict cost management.”
Dominik von Achten, Heidelberg Materials


Tysver
Tysver

“Lenders are getting more aggressive and creative with lending options, whether it’s extended-term financing or lease terms. I think long-term, formal committed leasing is going to become more attractive than it’s been in the past.”
Micah Tysver, Crush Mode


Hill
Hill

“As it goes to price, I would tell you as expected, we carried really good momentum into the year with prices up 7 percent [and] mix-adjusted up 8.5 percent. I think it was a combination of two things: Jan. 1 price increases pretty much went as expected, and we had really good pricing in our backlog.”
Tom Hill, Vulcan Materials Co.


Haack
Haack

“Despite the recent volatility in the capital markets due to changing trade and fiscal policies, we remain optimistic about our business and focused on continuing to position Eagle for sustained performance through various economic cycles and uncertain times.”
Michael Haack, Eagle Materials


Fazer
Fazer

“There’s a lull in the industry because of uncertainty with tariffs and what the economy is going to look like. But once we get through that, I see this market being very strong with the infrastructure funding going through. It’s going to be really strong for the dealers in the construction space.”
Bryant Fazer, Rock Machinery


Scepaniak
Scepaniak

“The tariffs have had minimal impact on our current operations at this point in the year. This is due mainly to our own internal parts inventory and sourcing. As a company, we make every effort to keep common-use and critical failure parts [and] components on hand to eliminate or severely reduce downtime and interruptions.”
Bryan Scepaniak, W. D. Scepaniak


Bolebano
Bolebano

“There’s no clear sign or indicators as to whether or not we should expect a slowdown, or if a return to manufacturing in the U.S. would mean a boom for us. That’s yet to be seen. We haven’t seen a universal response to tariffs in the industry. For some companies, it depends on where they’re sourcing their products. Who’s to say what happens in the next six months?”
Thabiso Bolebano, Rogers Group


Nye
Nye

“While not yet a meaningful contributor to product shipments, we expect data center energy consumption requirements will drive ancillary demand for new aggregates-intensive power generation facilities across many of our key markets.”
Ward Nye, Martin Marietta


Related: Perspectives: Industry leaders signal cautious optimism

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