International Door & Operator Industry

NOV-DEC 2015

Garage door industry magazine for garage door dealers, garage door manufacturers, garage door distributors, garage door installers, loading docks, garage door operators and openers, gates, and tools for the door industry.

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MANAGEMENT John E. Zoller and David H. Bowen comprise Zoller Consulting, Inc. of Wooster, Ohio. Zoller Consulting provides consultation of managerial effectiveness and fnancial performance of construction related businesses. They also offer customized seminars and training sessions. In addition, Zoller Consulting provides acquisition management, including fnding buyers or sellers, locating funding sources, transaction structuring, and negotiating and organizing the transition to new ownership. Contact Zoller Consulting, Inc. at 330.262.8500 or John@zollerconsultinginc.com. 1 Although "Non-Residential" activity is usually referred to as "Commercial" construction in garage door industry vernacular, "commercial" identifes a specifc, narrower array of building activity in the US Census Bureau's tabulation database (automotive, warehouse, retail and similar buildings). "Non-residential" is the all-encompassing phrase for commercial, institutional and industrial construction activity. 20 International Door & Operator Industryâ„¢ (continued from page 19) Chart 3 outlines non-residential garage door demand relative to non- residential spending for building construction only. Thus, the line indicating aggregate building activity is different from the statistic noted in Chart 1, which encompassed total non- 58.9 94.1 100.0 112.5 128.8 137.8 132.5 121.5 108.8 104.5 104.6 107.3 120.8 130.9 135.2 133.0 133.8 135.2 25.0 50.0 75.0 100.0 125.0 150.0 175.0 Index Value The IDA Garage Door Activity Index Base Year = 2003 Designed, calculated and maintained for IDA by Zoller Consulting, Inc. Copyrighted material. May not be reproduced in whole or part without express written permission of the International Door Association Pre-Recession Residential Construction Peak Non-Residential Construction peaked while Total Construction declined Finally, sustained construction expansion - for both new & retrofit projects - accelerates garage door demand Average installed prices per door continued to grow as both commarcial and residential customers place a premium on door design, security & functionality residential spending. The difference is the elimination of highways, pipelines, power stations and other projects that do not involve garage door requirements. Non-residential construction growth has been very signifcant for well over 12 months, but the fattening of that growth in mid 2015 can be traced to oil-feld projects that have become redundant in light of rapidly falling energy prices. However, demand for lodging, manufacturing effciency and improved logistics remains high and bodes well for continuing garage door expansion in early 2016.

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