Timber Frame Costs
Oregon Timber frame: sales up, profits down, forecasts positive
Oregon Timber frame: sales up, profits down, forecasts positive30 April, 2011
Oregon Timber Frame reported a near 40% rise in sales in 2010, but rising costs, particularly timber prices, pushed the company into the red.
The Selkirk-based business saw turnover increase from £8.8m in 2009 to £12.3m. However, profits of £21,000 the year before turned to a pre-tax loss of £334,000.
“This was due to an unprecedented increase in timber prices in the first half of 2010, which resulted in a severe erosion of margin,” said finance director Rod Lawson.
Oregon has gone into full production of its latest Intelligent Panel for the volume housing market. Sir Menzies Campbell MP and Liberal Democrat MSP candidate Euan Robson visited the factory to see the energy efficient panels being made.
Oregon believes the “increasing rigour” of Building Regulations on energy performance will drive more use of timber frame generally and its own systems already “meet and exceed” regulations.
Mr Lawson said the roll out of the new IP System was the culmination of many years of industry experience and R&D investment. He maintained that profitability was being being turned around.
“Costs have been more stable and margins are being rebuilt through a combination of cost cutting and selective pricing of work,” he said.
Oregon also says it remains in a strong financial position, with a balance sheet showing cash of £1m, even after the investment of £250,000 the company’s new factory in Burton upon Trent. Mr Lawson said the new plant should also boost business.
Timber Frame Costs - News
Oregon Timber Frame reported a near 40% rise in sales in 2010, but rising costs, particularly timber prices, pushed the company into the red. The Selkirk-based business saw turnover increase from £8.8m in 2009 to £12.3m. However, profits of £21000 the
Comparatively, hardwood furniture made of solid wood is more expensive than furniture made of glued laminated timber. The main disadvantage of hardwood furniture is its significant cost. Hardwood furniture is mainly crafted from wood from hardwood
with a company that believes in a partnership as opposed to low cost, price driven solutions.” Mr Speight said the design team had been faced with a number of issues to solve, including designing a totally new form of timber frame construction,
Bryan Leeming, construction director for Persimmon Homes Wessex, adds: “We don't just provide our customers with a great deal on a new home - we also look at ways to reduce the ongoing running costs of the property. Our timber frame buildings are a
Based in Surrey you will be focusing on luxury residential new build developments (mainly Timber frame). To provide project co-ordination, managing all aspects of design and development from planning through to completion. To co-ordinate the input of
How timber frame construction combats rising fuel and raw material ...
Given the recent news that the price of raw materials is having a significant effect on the construction industry, it seems entirely appropriate that self-builders and developers in charge of their own projects look for ways to reduce their reliance some of the more debilitating costs.
Building using timber frame construction is one of the ways you can free yourself from some of this expenses. The method excels in cutting costs in the following areas.
Raw materials
Steel is one of the raw materials that has been rising in price steadily over the last number of months. This is partly down to the energy required to make steel components. Timber frame structures replace steel with natural timber which takes nowhere near as much energy to prepare and is entirely renewable.
Fuel
The cost of fuel can have a destructive effect on industries that rely on vehicles and heavy machinery. However, it is possible to cut down on fuel by spending less time on site and therefore reducing the amount of money spent on keeping machinery running day after day. Timber frame houses and structures are built off site and can be erected on site incredibly quickly to limit the use of machinery.
Timber Frame Costs - Bookshelf
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