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From barges backed up in the Atlantic Ocean to price escalations and labor shortages, 2021 brought its share of challenges for business owners in the lumber and building material industries. Yet the past 12 months also included some encouraging signs, giving us a clear direction on how producers can best help lumber and building material dealers reduce their risk profiles and weather the storms to come in 2022 and beyond.
The good news is lumber and building material dealers were among the first to recover from the COVID-19 pandemic following the initial round of business shutdowns in early to mid-2020. It’s easy to see why — as people needed supplies, they also needed pallets to ship those supplies. That need brought building material dealers online fairly quickly. Sawmills came back online shortly thereafter.
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