OEM roll forming machinery sales lead housing market growth
The OEM (official equipment manufacturer) sector for the building and construction market is a slow mover. In order to manufacture building materials such as steel roofing or simple corner beads suppliers need equipment. The tooling up of any factory manufacturing construction materials requires at least 6 months to 2 years. With such a long delivery schedule for roll forming machinery one can monitor their sales and with a level of confidence hedge against the growth of the housing market.
Another indicator to the potential rise in housing sales can be seen in the used equipment market. Just as in a down turn many companies sell off their large capital equipment during a sharp increase in sales suppliers rush to the used market. Many used forming machines can be re-tooled to produce a variation of a steel framing product or something completely different. This first mover strategy as well is an indicator to the increase in housing sales.
Housing materials take advantage of high speed rollforming lines
The range of materials being manufactured by cold forming is simply amazing. It seems that almost any steel product can be and is being produced by forming sheet metal. Some of the more common products you would find in today’s steel house are;
Top products made with rollforming machine
- Drywall Studs
- Drywall Corner Beads
- Standing Seam Roofing
- Steel Purlins
- Gutters and Down Spouts
- Drop Ceiling T-Bars
- R Channel
- Ridge Caps
- Glazed Tile
- And more…
The equipment manufacturing market is a strong precursor to further economic growth as seen in the housing market. Watching companies that build and engineer large steel bending and forming machines is a good way to see the future.