foundations - february 2016
DESCRIPTION
Rochester Area Builders Newsletter for February 2016TRANSCRIPT
FEBRUARY2016 Rochester Area Builders, Inc.a publication of
F O U N D A T I O N S
A&A Electric & Underground, Inc. + AB Systems, Inc. + Abbco Company + ABC Supply Company, Inc. - Rochester + Above All Roofing of Rochester, Inc. + Accord Electric, Inc. + Action Plumbing, Heating & A/C + Adair Electric Company + Adamson Motors + Advanced Builders & Remodeling + Advanced Builders, LLC + Advanced Building Center, Inc. + Advanced Disposal + Advantage Cabinets, Inc. + Ag Services, Inc. + Alexander & Sons Builders + All Craft Exteriors, LLC + Mike Allen Homes, LLC + Allied Building Products + All-Star Basements + Altra Federal Credit Union + American Engineering Testing, Inc. + American Fence Company of MN, LLC + American Waterworks + Ames Construction, Inc. + Amirco, LLC + Andersen Windows, Inc. + Anderson Construction + Appliance Village Company + Arcon Development, Inc. + Arrow Building Center + Associated Bank + Athelon Enterprises, LLC + B&C Plumbing & Heating, Inc. + BARK.L Consulting Engineers dba Abacus Engineering + Al Barker Custom Homes, Inc. + Barrier Free Access, Inc. + Basement Water Control + Batzel Builders, Inc. + BBHA Rochester, LLC + Beckley's Office Products + Beetles Bar & Grill, Inc. + Alvin E. Benike, Inc. + Scott Berberich Construction, LLC + Scott Berg Construction, LLC + Bessler Management + Beyond Kitchens, LLC + Bigelow & Lennon Construction, LLC + Bigelow Homes + K.W. Billman, Inc. + Blooming Prairie EDA + The Blue Book of Building & Construction + Bobcat of Rochester + Bob's Construction, Inc. + The Boldt Company + Bolton & Menk, Inc. + Bouquet Builders, Inc. + Bowman's Door Solutions + Brandrup Builders + Brauer Roofing, Inc. + Braun Intertec Corporation + Brekke Fireplace Shoppe + Bremer Bank + Brennan Companies + Bricewood, LLC + Briese Iron Works, Inc. + Bright Ideas + Brinkman Builders, LLC + Brock White Company + Tom Brogan Heating & Air Conditioning + Brooks Excavating Company, Inc. + Bruce Bucknell Construction, Inc. + Budget Blinds + Burdick Builders, Inc. + Byrne Electric, Inc. + Cachiaras Building & Remodeling + Cambria + Carpet One + CarpetsPlus of Rochester + Centurion Ridge, LLC + Charter Communications/Media + Chladek Construction, LLC + Chosen Valley Testing, Inc. + Christian Brothers Cabinets + CHS, Inc. + City Auto Glass + City of Byron + City of Chatfield + City of Eyota + City of Preston + City of Spring Valley + Citywide Insulation, Inc. + Claremont EDA + Clarey's Safety Equipment + Clayton Thomas Blinds of Rochester + Clear Channel Radio (Laser/Fox/KFAN) + Clements Chevrolet Cadillac Subaru + CliftonLarsonAllen, LLP + Coldwell Banker Burnet + Commercial Leasing Services + Consolidated Communi-cations, Inc. + Construction Partnership, Inc. + Coordinated Business Systems, Ltd. + Corban Homes, LLC + Cordes Construction + Cornerstone Builders & Real Estate, Inc. + Corner-stone Designs of Rochester, Inc. + Corporate Web Services, Inc. + Counselor Realty of Rochester, Inc. + Countryside Builders, LLC + Cravath Homes, LLC, dba Accessibility Solutions + Creative Curb Appeal + Creative Hardwood Floors + Crescent Electric Supply Company + CRW architecture + design group, inc. + Culligan of Rochester & Kasson + Curry's Custom Cut Gutter, LLC + Curtin Drywall, Inc. + Custom Alarm / CCI + Custom Homes by Bradley, Inc. + Custom Retaining Walls & Landscaping, Inc. + D2E, LLC + Dahl Home Builders, Inc. + Dakota Supply Group, Inc. + Data-Smart Computers, Inc. + DeGeus Tile & Granite + Derby Construction LLC + The Design Connection + Design Studio B + Destination Building Center + DeWitz Home Builders, Inc. + Diamond Vogel Paints + DiNicola & Pestka Appraisals + Distinguished Homes by Mitch Hagen, LLC + DMC Plumbing & Heating, Inc. + Dodge County EDA + Dolan's Landscape Center, Inc. + DreamMaker Bath & Kitchen + Dunham Associates, Inc. + Dunlap & Seeger PA + JE Dunn Construction + Dura-Oak Kitchen Make Overs + Dynamic Masonry Products, LLC + eci, llc + Eckert Construction, Inc. + ECSI System Integrators + Edel Construction, LLC + Edina Realty Home Services + Todd Eidem Construction, Inc. + Elcor Construction, Inc. + Elcor Realty of Rochester, Inc. + Electrical Solutions & Service + Elgin Economic Development Authority + Elias Construction, LLC + Elsmore Plumbing, LLC + Emergent Networks + Energy Panel Structures + Energy Products & Design, Inc. + EOJohnson Business Technologies + ERH Developing, Inc. + Excel Homes + The Excelsior Group, LLC + Exclusive Home Builders & Remodelers + Expert Insulation, Inc. + Express Employment Professionals + Extreme Panel Technologies, Inc. + F&M Community Bank + Fat Willy's Bar & Grill + Ferguson Enterprises + Fieldstone Family Homes, Inc. + Final Cut Construction + First Alliance Credit Union + First Choice Homes, LLC + First General Services of SE MN + First Security Bank + R. Fleming Construction, Inc. + FloCore + Ford Metro Glass, Inc. + Foster Construction, Inc. + Franklin Energy + Frattalone Companies, Inc. + Chris Fritsch Custom Homes, LLC + Gander Plumbing & Heating, Inc. + Dale Gathje Construction, Inc. + Steve Gentry Construction, LLC + Gerhards - The Kitchen & Bath Store + Robert Gill Builder, Inc. + Goodin Company + GP Development, Inc. + Great River Overhead Door + Green Lawncare Irrigation & Service Co. + Gulfeagle Supply + Habitat for Humanity - Rochester Area + Haley Comfort Systems + W.L. Hall Company + Hallmark Building Supplies, Inc. + Hamilton Plumbing & Heating, LLC + Hammer Homes, Inc. + Hanson Construction & Specialty Cabinets, LLC + Harmony Economic Development Authority + Hartman Complete Lawncare, LLC + Hayfield Window & Door Company + HDR Architecture + Heartland Security + Heartman Insurance + Heartwood Homes of Rochester, Inc. + Brandon Henderson's Construction Plus, LLC + Hentges Glass Company + HGA Architects and Engineers + Hiawatha Broadband Communications, Inc. + Hicks Electric, Inc. + Higgins Custom Cabinetry + High Definition Homes, LLC + Hiller's Flooring America + HiMEC at Home + Jeff Hinkle Custom Homes, Inc. + Hirshfield's Decorating Center + The Home Depot + Home Federal Savings Bank + Home Improvement Professionals, Inc. + Home Systems Installation, LLC + HomePro Home Inspections, Inc. + Howe Countertops + Hunt Electric Corporation + Hutch's Custom Cabinets + Int'l Brthrhd of Electrical Wrkrs Local 343 + Innovative Surfaces, Inc. + Insty Prints + IntegraSpec Central/Jeff Mueller Construction + Interiors by J.Curry, LLC + J&M Consulting + Michael Jack, LLC + James Hardie Building Products + JC Custom Homes, LLC + JNS Builders, LLC + J.P. Johnson Custom Builders, Inc. + JP's Construction Remodeling & Repair, Inc. + K&M Glass Company + K&S Heating, A/C, Plumbing & Electrical + Kahler Hospitality Group + Tom Kalmes Construction, Inc. + M.P. Kaye, LLC + Keller Williams Premier Realty + Key Builders, Inc. + Kimley-Horn & Associates, Inc. + King's Flooring, LLC + Kirkland Enterprises, LLC + The Kitchen Design Studio + Kitchens Plus + Gary Kline Roofing, Inc. + Knutson Construction Services + Koball's Poured Walls, Inc. + Kraus-An- derson Construction Company + Kreofsky Building Supplies + Kruger Electric, Inc. + Kruse Lumber + KTTC/KXLT-TV + Kuehn Motor Compa- ny, Inc. + Kuntz Electric, Inc. + Kwik Trip, Inc. + Lacina Siding & Windows, Inc. + Laitala Tile Company + Lake City EDA + Larkin Hoffman Daly & Lindgren + Larsen Industries, Inc. + Larson Siding & Windows + Legends Concrete, Inc. + Leitzen Concrete Products, Inc. + Lewiston Economic Development Authority + Leyendecker Homebuild-ers, LLC + Lodermeier's, Inc. + Low Voltage Contractors + Lowe's Home Improvement + Luxury Bath Remodeling + Maas Compa-nies, Inc. + Maier Tree & Lawn + Majestic H o m e s , Inc. + R.J. Manemann Custom Homes + Manufacturer's Bank & Trust + Maplewood Homes, LLC + Markham Homes, LLC + markit + Marvin Windows & Doors + Massey Land Surveying & Engineering + Master Builders, Inc. + Mavo Systems, Inc. + McGough Construction + MDH, Inc. + Meadow Lakes Builders + MEC Construc- tion, LLC + Med City Builders of Rochester, LLC + Menards - South + MEP Associates + Merchants Bank + Merit Contracting, Inc. + Meyer Borgman Johnson, Inc. + Michael's Custom Cabinets, Inc. + Midwest Walls, LLC + Minnesota Building Contractors + Minneso-ta Energy Resources Corporation + Minnwest Bank + MLT Group + Morris Concrete, Inc. + Larry Newman Drywall + North Central States Regional Council + North Risk Partners, C.O. Brown Division + North Star Stone & Masonry + Northern Lights & Furnishings + Northgate Chiroprac-tic Clinic + Nuss Truck & Equipment + Ohly Law Office + Olmsted County Planning Dept, Insp. Div. + Olmsted County Public Health + Olmsted National Bank + On Site Compa-nies + Otis Custom Homes, LLC + Overhead Door Company of Olmsted County + O w n e r ' s Plumbing, Inc. + Oxi-Fresh Carpet Cleaning + Paape Energy Services + Pace International + Pahl & Kaye, Inc. + Palmer Soderberg, Inc. + Para- mark Corporation + PC Applications Consultants, Inc. +
Pearson Builders, Inc. + Pebble Creek/Western Walls + Pegram & Dexter Construction & Design + Pella Windows &
Doors + Pendle Hansen Bagne Insurance + Penz Custom Homes, Inc. + People's Energy Cooperative +
Peterson Well Drilling, Inc. + Phantom Screens + Pine Island EDA + Pine Island Lumber +
Pompeii Painting, Inc. + Post-Bulletin Compa-ny, LLC + PowerLift Doors by French Mfg,
Inc. + Powers Ventures + Prehn Building Sales, Inc. + Premier Bank Rochester + Premier Builders of
Rochester, Inc. + Prime Time Painting of Rochester, LLC + PrimeLending +
Prior- ity Claims Service + Pro Image Promotions & Apparel + ProBuild Company, LLC + Profes-sional Education Resources, LLC + Proscape of Roches-ter, LLC + Quality Overhead Door Company, Inc. + Quality Siding & Window, Inc. + Michael Quinn Law Office + R&M Development Company + Radcliffe Homes & Remodeling + Range Custom Homes, LLC + RCON Homes, Inc. + RCTC Carpentry Program + RE/MAX Results + Region Millworks, Inc. + David Reiland Building Contractor, LLC + Reliable Contractors, Inc. + Reynolds Design and Construction + Rochester
Area Appraisals, LLC + Rochester Area Chamber of Commerce + Rochester Area Econ. Development, Inc. (RAEDI) + Rochester Area Foundation + Rochester Asphalt, Inc. + Rochester Building Safety Department + Rochester Concrete Products, LLC + Rochester Plumbing & Heating/Roto Rooter + Rochester Public Utilities + Rochester Public Works + Rochester Ready Mix Concrete Co + Rochester Sign Service, Inc. + Rochester Title & Escrow Company, Inc. + Ronningen Roofing, Inc. + Rory's Home Improvement, LLC + RSM US LLP + RSP Architects + Ryan & Grinde, Ltd. + Ryan Electric, Inc. + Ryan Windows & Siding, Inc. + Rymark Construction, LLC + S&S Overhead Door, Inc. + Sargent's Landscape Nursery, Inc. + Schad Tracy Signs, Inc. + Schmidt Goodman Office Products + Schoeppner, Inc. + Schwickert's Tecta America, LLC + Seavey Builders, Inc. + SEH, Inc. + Dan Severson Builders, Inc. + Shanahan Building & Remodeling, LLC + Shingobee Builders, Inc. + Sign Here, Inc. + Simonson Builders, LLC + SL Contract- ing + Smart Home Innovations & Engineering, Inc. + Smith Schafer & Associates, Ltd. + Solar Connection, Inc. + SOLO plumbing & ResSprinklers, LLC + Somerby Golf Commu-nity + Space Concepts, Inc. + Spahn & Rose Lumber Company + Greg Speedling Contracting, Inc. + Spring Grove EDA + Spring Valley Overhead Door, Inc. + St. Charles EDA + Stadsvold's Lawn & Landscape + Stantec + Steel Constructors, Inc. + Sterling State Bank + Stevens Heating, Inc. + Stewartville Economic Development Authority + Stier Construction, Inc. + Stimets Home Building & Remodeling + Stone Expressions + StoneBridge Builders + Struve's Paint and Decorating + Robert G. Suk Law Office, PA + Summit Custom Homes, LLC + Summit Fire Protection Company + Superior Mechanical + Craig Swanson Builders, Inc. + Swenke Ims Contracting, LLC + Kenny Sylvester Construction, LLC + Synergy Products + Tag's Drywall, Inc. + Tamarack Materials, Inc. + Thatcher Pools & Spas, Inc. + Thermo-Tech Windows + Thiemann Construction, Inc. + Thimijan Custom Homes, LLC + Think Mutual Bank + Thomas Tool & Supply + Thompson's Garage Door and Openers + Tile Superstore & More + TLS Companies, LLC + Tonna Mechani- cal, Inc. + Top Shop of Rochester, Inc. + Total Electric of Rochester, Inc. + Townsquare Media Rochester + Tradesmen Internation-al, Inc. + Traditional Wood Builders + Tri Star Insulation + Tri State Insulated Concrete Forms + TSP Architects & Engineers + Tub MD, LLC + Turri Crane Service, Inc. + Turtle Creek Construction, Inc. + Ultimate Surfaces + United Rentals + The Urban Studio, LLC + US Bank + Valor Mechanical, Inc. + Val-U-Blinds + Vector Windows + Veit Companies + Vennehjem Building Corporation + Vertical Limit Construction + Viking Automatic Sprinkler Company + Viking Electric Supply + Vision Homes & Remodeling, LLC + WA Insurance + Warners' Stellian Appliance Co., Inc. + Waste Management + Wausau Homes + Wausau Supply + Weis Builders, Inc. + Greg Wellik Construction + Wells Concrete + Wells Fargo Bank Minnesota NA + Wells Fargo Home Mortgage + Wells Fargo Private Mortgage Banking + Wendland Utz + Werner Electric Supply + West Bank + West Concord EDA + Jim Whiting Nursery & Garden Center, Inc. + WHKS & Company + Widseth Smith Nolting + Wildwood
Sports Bar and Grill + Wilson Tibor & Maves, Ltd. + Wintrust Mortgage + Women Communications, LLC + Workforce Development, Inc. + Wright Homes, Inc. + WSB & Associates, Inc. + WT Lighting + Xcel Energy + XRG Concepts, LLC + Rick Yerhot Builder + Your Home Improvement Company + Zen Custom Homes + Zumbro Haven, LLC = RAB
2 FOUNDATIONS February 2016 www.RochesterAreaBuilders.com
R A BE ducationE XPO
Continuing Education for the Building IndustryLet Rochester Area Builders provide you with your Continuing Education credits at a great price, with qualified instructors and interesting and useful topics. Our classes are just $79 for RAB members, which includes a 7 hour session, lunch, and all resource materials. Each 7 hour session contains 1 hour for your energy requirement.
All classes/sessions to be held at Canadian Honker Events at Apache in Rochester.
Following the end of classes on February 10th, all the builders will be invited to the RAB Education Expo. All builders who attended the January classes will also be invited to attend. Drinks will be served, and all builders who attended classes will be given a ticket for a free drink.The Education Expo is a chance for exhibitors to show off their new products and technology directly to builders in a relaxed environment. You can buy your favorite builders a drink, and show them your latest and greatest products.For more information or to sign up for a booth, click here!
Sponsored By
Click here for more info and the sign up form!Education Sponsors
Thursday, January 28, 20158:00 - 4:00 (7 Credits)* New Home Construction from Building Permit to Certificate of Occupancy
Registration Deadline: January 25
Wednesday, February 10, 2015 8:00 - 3:20 (7 Credits)Scaffold Safety: An Overview (2 credits)* Understanding Attic Ventilation (2 credits)Technical and Environmental Considerations of Residential Siding (1 credit)Commercial Vehicle Regulations (1 credit)Preserving Payment Rights Through Contracts (1 credit)Education Expo sponsored by Larkin Hoffman Daly & LindgrenRegistration Deadline: February 5
BROCKWHITEC O N S T R U C T I O N M A T E R I A L S
www.RochesterAreaBuilders.com February 2016 FOUNDATIONS 3
January 20, 2015 I hope the first month of 2016 is off to a great start for everyone! If you’re looking for a way to help ensure you have a successful year, sign up to exhibit at the 2016 Rochester Area Builders Home Show being held February 5, 6 and 7 at the Mayo Civic Center. Or, show your support for the Association by sending your family, friends, and clients down to see the show!
We are happy to announce that we will be displaying two race driven stock cars, previously driven by Dale Earnhardt Senior and Richard Petty. See more details about the cars on Page 7. Both cars will be on display in the Arena to help pull traffic to all areas of the Civic Center. Along with the
cars, we will be giving away a pair of four-day, four-race tickets to Chicagoland, including pit passes for all four races. Thank you Jeff Kalmes, from Hillers Flooring America, in helping to get the cars to display at the show.
We are also excited that Once Upon a Playhouse is again taking place at the Home Show. This year we will have 3 playhouses that will be raffled off at the show, with proceeds going to Family Services of Rochester. The playhouses will also be on display in the Arena to provide yet another draw to that area.
Doors and Windows unhinged will be located in the North Lobby again this year, with proceeds going to Habitat for Humanity. Thank you Tom Walsky, from Habit ReStore, for providing all the doors and windows for our participants to make this happen.
I would like to take this opportunity to thank all of the committee members for their time month after month to make this show a great success every year. The committee works very hard to make this the best show possible for everyone exhibiting. The construction at the Civic Center has provided some new challenges in how things are done at the show the past few years. We as a committee work very hard to take these changes and provide a solution with the best possible outcome for all of our exhibitors. If you would like to help make decisions as we get ready to start planning for the 2017 Home Show, I would encourage you to join the committee and help make a difference!
Take a minute to check out the 2016 Home Show commercial linked below, featuring some familiar faces! I wish you all a successful month and a great show for those of you exhibiting in the Home Show.
Warmly,
Christy Buchan 2016 RAB President
Index Continuing Education ............................... 2 News from the President ......................... 3January General Membership Meeting ............................4-5Home Show Booths Available .................. 6Home Show Features ............................... 7Association Scrapbook ........................6-7Studs, Struts & Stilettos .......................... 8Public Works Dept. News ......................... 9Newsletter Advertising ..................... 10-11Building Permit Reports .........................14Membership Information .......................15Elliot Eisenberg Article ...........................16NAHB Member Discounts ...................... 17
Executive Director/Editor John Eischen
Production Ryan Kling-Punt
The Rochester Builders newsletter is the official publication of Rochester Area Builders, Inc. This newsletter is published and distributed monthly to its members and others associated with the building industry. Neither the advertisers, nor RAB will be responsible or liable for misinformation, misprints, typographical errors, etc., herein contained.
108 Elton Hills Lane NW Rochester, MN 55901 Phone: 507-282-7698 Fax: 507-282-6351E-mail: [email protected]
News from The President
4 FOUNDATIONS February 2016 www.RochesterAreaBuilders.com
5pm Social Hour6pm Dinner/Announcements7pm Program: Your Body is Talking, Do You Know What it’s Saying? Speaker: Sheryl Barlow, Corporate Web Services, Inc.
Communication is not optional! Your body language is a huge part of what you “say.” Learn what your body is saying and how to get control of the messages you’re sending.
Join us at the January General Membership Meeting
Tuesday, January 26th, 5 - 8:00 pmat Canadian Honker Events at Apache
1517 16th St SW
Don’t Forget to Register!The registration deadline is January 22nd!
NEW IN 2016! Starting wth the January General Membership Meeting, we will be requiring Registrations for all of our GMMs!
You can Register for the January GMM on Eventbrite. Just follow the link below!
Please note that you do not have to pay to attend just the social hour, but we do still want you to Register!
www.RochesterAreaBuilders.com February 2016 FOUNDATIONS 5
President Christy Buchan, Energy Products & Design, Inc.Vice President Karen Blissenbach, Design Studio B
Secretary Delbert Feenstra, Knutson Construction Services
Treasurer Rick Dold, Larkin Hoffman Daly & Lindgren
Past President John Eckerman, The Boldt Company
Directors Mike Allen, Mike Allen Homes, LLC Mickey Elias, Elias Construction, LLC Rob Jones, Superior Mechanical Levi Kaiser, Alvin E. Benike, Inc. Carla Kilpatrick, Home Federal Savings Bank Jon Range, Range Construction, LLC Brian Sheehan, Weis Builders, Inc. Frank Streit, Premier Bank Rochester
Builders Exchange Council Representatives
Tom Leimer, Knutson Construction Services, Chair Jason Snow, Brock White Company, Vice Chair Jake Schleusner, Merit Contracting, Inc., Past Chair
Commercial Builders Council Dana Hlebichuk, Widseth Smith Nolting, Chair
Development Council Chair Jason Woodhouse, CRW architecture + design
group, inc., Chair
Remodelers Council Chair Jerry Jensen, Valor Mechanical, Inc., Chair
National Life Directors Joe Weis, Weis Builders, Inc.
National Directors Steve Buss, Cornerstone Builders & Real Estate, Inc. David Kane, Widseth Smith Nolting, Rep.
State Directors Jim Gander, Superior Mechanical John McGuine, JM Consulting, Rep. Mike Paradise, Bigelow Homes David Pederson, Dunlap & Seeger Dan Severson, Dan Severson Builders, Inc., Rep.
Executive Director John Eischen
Staff Audra Bolduan
[email protected] Marketing, Builders Exchange Trustees
Taylor Ridderbusch [email protected] Government Affairs, Commercial Builders Council, Development Council, Building Safety Advisory Group, Public Works Advisory Group, Community Relations, Green Building, Marketing
Sharill Mueller [email protected] Home Show, Showcase Committee
Rebekah Nielsen [email protected] Ambassadors, Education, Membership,
Program, Spike Club, Remodelers Council -Executive-Home Tour-
Ryan Kling-Punt [email protected] Golf Outing, Sporting Clays, Directory, Newsletter, E-News Update
We will also be announcing our annual award winners for Builder of the Year, Associate of the
Year, Company of the Year, Spike of the Year and Rising Star!
Congratulations to all the nominees!
2015 Builder of the Year Adam BenikeBrian ChladekJean DeWitzMickey Elias
Delbert Feenstra
2015 Associate of the YearChristy Buchan
Jerry JensenCarla KilpatrickJill Mickelson
Dave PedersonLindsey Rippentrop
2015 Cornerstone AwardBeyond Kitchens
CambriaThink Bank
Widseth Smith & Nolting
Social Sponsor
Dessert Sponsor
6 FOUNDATIONS February 2016 www.RochesterAreaBuilders.com
Race-driven, professional stock cars on display in the Arena.RCR Race Car driven by Dale Earnhardt Sr.• Built in the winter of 1989 as a CHEVROLET LUMINA for use at
intermediate tracks.• Raced at Bristol International Raceway in the spring of 1990. Dale
spun and backed into the wall.• Raced at Darlington Raceway and won the Spring Race in 1990.• Raced in “THE WINSTON” in May 1990 at Charlotte Motor
Speedway and won flag to flag!• Raced in the “COCA-COLA 600” in May 1990, but was involved in a
wreck and badly damaged. The car went on to finish the race.• In these four races, the winnings this car earned were in excess of
$412,000.• The car was re-skinned as a CHEVROLET MONTE CARLO in 1995.• Chassis #6.
Richard Petty Motor Sports #43Richard Petty drove this car in his last race at Daytona in 1992.The No. 43 car has become synonymous with seven-time NASCAR premier series champion and NASCAR Hall of Famer Richard Petty, who ran all but 60 of his record 1,185 starts and claimed 192 of his record 200 wins in the car. — NASCAR website
Tickets valued at $500. Enter at the Home Show or use the entry form in the RAB Home Show insert in the Post-Bulletin. Drawing will be held February 8th. Race dates are September 15-18, 2016 at Chicagoland.
Enter to win a pair of four-day, four-race tickets to Chicagoland including pit passes for all races.
Signature Event Sponsor
LACINA
S I D I N G& WINDOWS, INC.Because it’s your home.
Fri 3pm-8pm, Sat 9am-6pm, Sun 11am-4pm
AT THE RAB HOME SHOWFebruary 5-6-7 Mayo Civic Center
EVERYTHING YOU NEED UNDER ONE ROOF
ALSO FEATURING
F E A T U R I N GRACE to the HOME SHOW!
DOORSu n h i n g e dWindows
A Fundraiser for Family Service Rochester A Fundraiser for Habitat for Humanity ReStoreHOME SHOW Exhibitors PageBooths are still available. Visit the
www.RochesterAreaBuilders.com February 2016 FOUNDATIONS 7
Race-driven, professional stock cars on display in the Arena.RCR Race Car driven by Dale Earnhardt Sr.• Built in the winter of 1989 as a CHEVROLET LUMINA for use at
intermediate tracks.• Raced at Bristol International Raceway in the spring of 1990. Dale
spun and backed into the wall.• Raced at Darlington Raceway and won the Spring Race in 1990.• Raced in “THE WINSTON” in May 1990 at Charlotte Motor
Speedway and won flag to flag!• Raced in the “COCA-COLA 600” in May 1990, but was involved in a
wreck and badly damaged. The car went on to finish the race.• In these four races, the winnings this car earned were in excess of
$412,000.• The car was re-skinned as a CHEVROLET MONTE CARLO in 1995.• Chassis #6.
Richard Petty Motor Sports #43Richard Petty drove this car in his last race at Daytona in 1992.The No. 43 car has become synonymous with seven-time NASCAR premier series champion and NASCAR Hall of Famer Richard Petty, who ran all but 60 of his record 1,185 starts and claimed 192 of his record 200 wins in the car. — NASCAR website
Tickets valued at $500. Enter at the Home Show or use the entry form in the RAB Home Show insert in the Post-Bulletin. Drawing will be held February 8th. Race dates are September 15-18, 2016 at Chicagoland.
Enter to win a pair of four-day, four-race tickets to Chicagoland including pit passes for all races.
Signature Event Sponsor
LACINA
S I D I N G& WINDOWS, INC.Because it’s your home.
Fri 3pm-8pm, Sat 9am-6pm, Sun 11am-4pm
AT THE RAB HOME SHOWFebruary 5-6-7 Mayo Civic Center
EVERYTHING YOU NEED UNDER ONE ROOF
ALSO FEATURING
F E A T U R I N GRACE to the HOME SHOW!
DOORSu n h i n g e dWindows
A Fundraiser for Family Service Rochester A Fundraiser for Habitat for Humanity ReStore
8 FOUNDATIONS February 2016 www.RochesterAreaBuilders.com
PANTONE19-3230 TCXGrape Juice
Title Sponsor
DiamondSponsor
Studs, Struts & Stilettos Fashion Show
We’ve Got Plans!
It is time to start planning for the 2016 Studs, Struts & Stilettos fashion show! We’re looking for:
Bold and inventive Designers, ready to create the fantastic designs that our show has become known for!
Sponsors who want to associate themselves with one of the hottest and fastest growing events in Rochester!
Download the Design Entry Forms
Download the Sponsorship Forms
www.RochesterAreaBuilders.com February 2016 FOUNDATIONS 9
Communicating with Subs:Permit Compliance i s E v e r y o n e ’ s Responsibility
We all know that subcontractors bring valuable skills to a construction site, but one of them is not mind reading! To achieve compliance with your construction stormwater permit, the permit holder must communicate the permit’s basic requirements with their subcontractors to prevent stormwater pollution. A subcontractor that is unaware of your permit requirements can accidentally put your site out of compliance. Ignorant actions such as not using the stabilized vehicle entrance (SVE) and tracking mud on the street, driving over a silt fence, leaving garbage on the ground, placing supplies in your temporary sedimentation basin, or washing concrete on the yard are just some examples of subcontractor missteps that could result in a construction delay or fine.
One of the most effective Best Management Practices (BMPs) you can have onsite is for everyone to know the basics of pollution prevention. Permit holders should make sure their subcontractors understand how they can the site stay in compliance. Subcontractors can be mindful of their actions in order to keep dirt and garbage on-site. Always report erosion, litter, and drainage problems back to your developer or builder so that repairs can be made in a timely manner.
As a permit holder, it is up to you to ensure site compliance. Success requires a communication BMP: 1. Determine the necessary information to share
l Project details, including the name of the project and permit holders
l The purpose of the permit: to contain sediment and garbage on site
l Which erosion and sediment control (ESC) practices are most likely to be affected by subcontractors and where they are located
l Anticipated schedulesl Contact information for reporting problems
2. Clarify your expectations in writingl Make a simple drawing of the site showing the ESC
practices to use or avoid l Add other details you want subcontractors to have at their
fingertipsl Share your contact information and what you want them
to report back to you (e.g., street tracking, a full SVE, damaged silt fence, a full garbage corral, etc.)
l Deliver your handout - over coffee, with your contract, or in an e-mail
l Have subcontractors confirm their understanding of the information and answer any questions they may have
3. Continually exchange informationl Respond to feedback promptlyl When there are problems, contact your subcontractors and
provide feedback on ways they can change their behaviors so that your site is in compliance
l Thank your subcontractors for helping you comply with your permit
On very large sites with hundreds of subcontractors, personal communications may not be feasible. In these situations, consider posting signs as a reminder of the practices you expect and who they can call to report problems.
Good communication between subcontractors and the permit holder will help the site stay in compliance throughout the construction project and protect our waterways.
Uncontrolled Litter Tracking & Sediment on Roadway
10 FOUNDATIONS February 2016 www.RochesterAreaBuilders.com
We’d like to thank the following companies and individuals for donating time and/or materials to the project:
Association Scrapbook Bear Creek Services RemodelBEFORE: The floor was worn, cabinets were old, and the layout of the kitchen made it hard for direct care staff to monitor what was going on in the house because of low hanging cabinets blocked the view.
AFTER: New flooring, new cabinets, new countertops, new appliances, new light fixtures an a very open layout. Amazing job by our Remodelers Council members!
Bear CreekServicesRemodel
Chladek Construction, LLC, Brian Chladek
Valor Mechanical, Inc., Jerry Jensen
Top Shop of Rochester, Inc., Kathy Blohm
The Home Depot, Jay MarkingBright Ideas, Becky Holmen
Gander Plumbing & Heating, Inc., Bob Gander
Ferguson Enterprises, Denyle DeVlaeminck
Hiller’s Flooring America, Jeff Kalmes
Prime Time Painting of Rochester, LLC, Carl FuglebergHabitat ReStore, Tom Walsky
Mike Allen Homes, LLC, Mike Allen
www.RochesterAreaBuilders.com February 2016 FOUNDATIONS 11
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ContactRochester Area Builders, Inc.Attn: Ryan Kling-Punt108 Elton Hills Ln NWRochester, MN 55901
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SEPTEMBER2015 a publication of Rochester Area Builders, Inc.
F O U N D A T I O N S
A&A Electric & Underground, Inc. + AB Systems, Inc. + Abbco Company + ABC Supply Company, Inc. + Above All Roofing of Rochester, Inc. + Accord Electric, Inc. + Action Plumbing, Heating & A/C + Adair Electric Company + Adamson Motors + Advanced Builders & Remodeling + Advanced Builders, LLC + Advanced Building Center, Inc. + Advanced Disposal + Advantage Cabinets, Inc. + Ag Services, Inc. + Alexander & Sons Builders + All Craft Exteriors, LLC + Mike Allen Homes, LLC + Allen Outdoor Solutions, LLC + All-Star Basements + Altra Federal Credit Union + American Engineering Testing, Inc. + American Fence Company of MN, LLC + American Waterworks + Ames Construction, Inc. + Amirco, LLC + Anders-en Windows, Inc. + Anderson Construction + Appliance Village Company + Arcon Development, Inc. + Arrow Building Center + Associated Bank + Athelon Enterprises, LLC + B&C Plumbing & Heating, Inc. + BARK.L Consulting Engineers, LLC + Al Barker Custom Homes, Inc. + Barrier Free Access, Inc. + Basement Water Control + Batzel Builders, Inc. + BBHA Rochester, LLC + Beckley's Office Products + Beetles Bar & Grill, Inc. + Alvin E. Benike, Inc. + Scott Berberich Construction, LLC + Scott Berg Construction, LLC + Bessler Manage-ment + Beyond Kitchens, LLC + Bigelow & Lennon Construction, LLC + Bigelow Homes + K.W. Billman, Inc. + The Blue Book of Building & Construction + Bobcat of Rochester + Bob's Construction, Inc. + The Boldt Company + Bouquet Builders, Inc. + Bowman's Door Solutions + Brandrup Builders + Brauer Roofing, Inc. + Braun Intertec Corporation + Brekke Fireplace Shoppe + Bremer Bank + Brennan Companies + Bricewood, LLC + Briese Iron Works, Inc. + Bright Ideas + Brinkman Builders, LLC + Brock White Company + Tom Brogan Heating & Air Conditioning + Brooks Excavating Company, Inc. + C.O. Brown Agency + Bruce Bucknell Construction, Inc. + Budget Blinds + Building Products, Inc. + Burdick Builders, Inc. + Byrne Electric, Inc. + Cachiaras Building & Remodeling + Cambria + Carpet One + CarpetsPlus of Rochester + Castlewood Homes, Inc. + Centurion Ridge, LLC + Charter Communications/Media + Chladek Construction, LLC + Chosen Valley Testing, Inc. + Christian Brothers Cabinets + CHS, Inc. + City Auto Glass + City of Byron + City of Chatfield + City of Eyota + City of Preston + City of Spring Valley + Citywide Insulation, Inc. + Clarey's Safety Equipment + Clayton Thomas Blinds of Rochester + Clear Channel Radio (Laser/Fox/KFAN) + Clements Chevrolet Cadillac Subaru + CliftonLarsonAllen, LLP + Coldwell Banker Burnet + Commercial Leasing Services + Consolidated Communi-cations, Inc. + Construction Partnership, Inc. + Coordinated Business Systems, Ltd. + Corban Homes, LLC + Cordes Construction + Cornerstone Builders & Real Estate, Inc. + Corner-stone Designs of Rochester, Inc. + Corporate Web Services, Inc. + Counselor Realty of Rochester, Inc. + Countryside Builders, LLC + Cravath Homes, LLC, dba Accessibility Solutions + Creative Hardwood Floors + Crescent Electric Supply Company + CRW architecture + design group, inc. + Culligan of Rochester & Kasson + Curry's Custom Cut Gutter, LLC + Curtin Drywall, Inc. + Custom Alarm / CCI + Custom Homes by Bradley, Inc. + Custom Retaining Walls & Landscaping, Inc. + D2E, LLC + Dahl Home Builders, Inc. + Dakota Supply Group, Inc. + Data-Smart Computers, Inc. + DeGeus Tile & Granite + Derby Construction LLC + The Design Connection + Design Studio B + Destination Building Center + DeWitz Home Builders, Inc. + DiNicola & Pestka Appraisals + Distinguished Homes by Mitch Hagen, LLC + DMC Plumbing & Heating, Inc. + Dolan's Landscape Center, Inc. + DreamMaker Bath & Kitchen + Dunham Associates, Inc. + Dunlap & Seeger + JE Dunn Construction + Dura-Oak Kitchen Make Overs + Dynamic Masonry Products, LLC + eci, llc + Eckert Construction, Inc. + ECSI System Integrators + Edel Construction, LLC + Edina Realty Home Services + Todd Eidem Construction, Inc. + Elcor Construction, Inc. + Elcor Realty of Rochester, Inc. + Electrical Solutions & Service + Elgin Economic Development Authority + Elias Construction, LLC + Elsmore Plumbing, LLC + Emergent Networks + Energy Panel Structures + Energy Products & Design, Inc. + EOJohnson Business Technologies + Excel Homes + The Excelsior Group, LLC + Exclusive Home Builders & Remodelers + Expert Insulation, Inc. + Express Employment Professionals + Extreme Panel Technologies, Inc. + Fairway Outdoor Advertising, LLC + Fat Willy's Bar & Grill + Ferguson Enterprises + Fieldstone Family Homes, Inc. + Final Cut Construction + First Alliance Credit Union + First Choice Homes, LLC + First General Services of SE MN + First Security Bank + R. Fleming Construction, Inc. + FloCore + Ford Metro Glass, Inc. + Foster Construction, Inc. + Franklin Energy + Frattalone Companies, Inc. + Chris Fritsch Custom Homes, LLC + Gander Plumbing & Heating, Inc. + Dale Gathje Construction, Inc. + Steve Gentry Construction, LLC + Gerhards - The Kitchen & Bath Store + Robert Gill Builder, Inc. + Godwin Law Office + Goodin Compa-ny + GP Development, Inc. + Great River Overhead Door + Green Lawncare Irrigation & Service Co. + GulfEagle Supply + Habitat for Humanity - Rochester Area + Haley Comfort Systems (Authorized FireSide Dealer) + W.L. Hall Company + Hallmark Building Supplies, Inc. + Hammer Homes, Inc. + Hanson Construction & Specialty Cabinets, LLC + Harmony Economic Development Authority + Hartman Complete Lawncare, LLC + Hayfield Window & Door Company + HDR Architecture + Heartland Security + Heartman Insurance + Heart-wood Homes of Rochester, Inc. + Brandon Henderson's Construction Plus, LLC + Hentges Glass Company + HGA Architects and Engineers + Hicks Electric, Inc. + Higgins Custom Cabinetry + High Definition Homes, LLC + Hiller's Flooring America + HiMEC at Home + Jeff Hinkle Custom Homes + Hirshfield's Decorating Center + Holiday Inn Downtown + Holt Title Guaranty Company, Inc. + The Home Depot + Home Federal Savings Bank + Home Improvement Professionals, Inc. + Home Systems Installation, LLC + Howe Countertops + Hunt Electric Corporation + Hutch's Custom Cabinets + Int'l Brthrhd of Electrical Wrkrs Local 343 + Innovative Surfaces, Inc. + Insty Prints + IntegraSpec Central/Jeff Mueller Construction + J&M Consulting + Michael Jack, LLC + JC Custom Homes, LLC + JNS Builders, LLC + J.P. Johnson Custom Builders, Inc. + JP's Construction Remodeling & Repair, Inc. + K&M Glass Company + K&S Heating, A/C, Plumbing & Electrical + Kahler Hospitality Group + Tom Kalmes Construction, Inc. + Keller Williams Premier Realty + Key Builders, Inc. + Kimley-Horn & Associates, Inc. + King's Flooring, LLC + Kirkland Enterprises, LLC + The Kitchen Design Studio + Kitchens Plus + Gary Kline Roofing, Inc. + Knutson Construction Services + Koball's Poured Walls, Inc. + Kraus-Anderson Construction Company + Kreofsky Building Supplies + Kruger Electric, Inc. + Kruse Lumber + KTTC/KX- LT-TV + Kuehn Motor Company, Inc. + Kuntz Electric, Inc. + Kwik Trip, Inc. + Lacina Siding & Windows, Inc. + Laitala Tile Company + Larsen Industries, Inc. + Larson Siding & Windows + LeafGuard Gutters & Roofing of Rochester + Legends Concrete, Inc. + Leitzen Concrete Products, Inc. + Lewiston Economic Development Authority + Leyendecker Homebuilders, LLC + Lodermei- er's, Inc. + Low Voltage Contractors + Lowe's Home Improvement + Luxury Bath Remodeling + Maas Companies, Inc. + Maier Tree & Lawn + Majestic Homes, Inc. + R.J. Manemann Custom Homes + Manu-facturer's Bank & Trust + Maplewood H o m e s , LLC + Markham Homes, LLC + markit + Marvin Windows & Doors + Massey Land Surveying & Engineering + Master Builders, Inc. + Mavo Systems, Inc. + McGladrey + McGough Construc-tion + MDH, Inc. + Meadow Lakes Builders + MEC Construction, LLC + Med City Builders of Rochester, LLC + Menards - South + MEP Associ- ates + Merchants Bank + Merit Contracting, Inc. + MetLife Premier Client Group of the Upper Midwest + Meyer Borgman Johnson + Michael's Custom Cabinets, Inc. + Midwest Walls, LLC + Minnesota Energy Resources Corporation + Minnwest Bank + MLT Group + Morris Concrete, Inc. + Larry Newman Drywall + North Central States Regional Council + North Star Stone & Masonry + Northern Lights & Furnishings + Northgate Chiropractic Clinic + Nuss Truck & Equipment + Ohly Law Office + Olmsted County Planning Dept, Insp. Div. + Olmsted County Public Health + Olmsted National Bank + On Site Companies + Otis Custom Homes, LLC + Overhead Door Co. of Olmsted County + Owner's Plumbing, Inc. + O x i - F r e s h Carpet Cleaning + Paape Energy Services + Pace International + Pahl & Kaye, Inc. + Palmer Soderberg, Inc. + Paramark Corporation + PC Applications Consul- tants, Inc. + Pearson Builders, Inc. + Pebble Creek/Western Walls + Pegram & Dexter Construction & Design + Pella Windows &
Doors + Pendle Hansen Bagne Insurance + Penz Custom Homes, Inc. + People's Energy Cooperative + Peterson
Well Drilling, Inc. + Phantom Screens + Pine Island EDA + Pine Island Lumber + Pompeii Painting, Inc. +
Post-Bulletin Company, LLC + PowerLift Doors by French Mfg, Inc. + Powers Ventures + Prehn
Building Sales, Inc. + Premier Bank Rochester + Premier Builders of Rochester, Inc. +
Prime Time Painting of Rochester, LLC + PrimeLending + Priority Claims Service + Pro Image Promotions &
Apparel + ProBuild Company, LLC + Professional Education Resources, LLC +
Pros- cape of Rochester, LLC + Quality Overhead D o o r Company, Inc. + Quality Siding & Window, Inc. + Michael Quinn Law Office + R&M Development Company + Radcliffe Homes & Remodeling + Range Custom Homes, LLC + RCON Homes, Inc. + RE/MAX of Rochester + Region Millworks, Inc. + David Reiland Building Contractor, LLC + Reliable Contractors, Inc. + Renters Warehouse Rochester + Reynolds Design and Construction + Rochester Area Appraisals, LLC + Rochester Area Chamber of Commerce + Rochester Area Econ. Development, Inc. (RAEDI) + Rochester Area
Foundation + Rochester Asphalt, Inc. + Rochester Building Safety Department + Rochester Concrete Products, LLC + Rochester Plumbing & Heating/Roto Rooter + Rochester Public Utilities + Rochester Public Works + Rochester Ready Mix Concrete Co + Rochester Sign Service, Inc. + Roches- ter Title & Escrow Company, Inc. + Ronningen Roofing, Inc. + Rory's Home Improve- ment, LLC + RSP Architects + Ryan & Grinde, Ltd. + Ryan Electric, Inc. + Ryan Windows & Siding, Inc. + Rymark Construction, LLC + S&S Overhead Door, Inc. + Sargent's Landscape Nursery, Inc. + Schad Tracy Signs, Inc. + Schmidt Goodman Office Products + Schoeppner, Inc. + Schwickert's Tecta America, LLC + Seavey Builders, Inc. + SEH Yaggy + Dan Severson Builders, Inc. + Shanahan Building & Remodeling, LLC + Shingobee Builders, Inc. + Sign Here, Inc. + Simonson Builders, LLC + SL Contracting + Smart Home Innovations & Engineering, Inc. + Smith Schafer & Associ- ates, Ltd. + Solar Connection, Inc. + SOLO plumbing & ResSprinklers, LLC + Somerby Golf Community + Space Concepts, Inc. + Spahn & Rose Lumber Company + Greg Speedling Contracting, Inc. + Spring Valley Overhead Door, Inc. + Stadsvold's Lawn & Landscape + Stantec + Steel Constructors, Inc. + Stencil Homes + Sterling State Bank + Stevens Heating, Inc. + Stewartville Economic Development Authority + Stier Construction, Inc. + Stimets Home Building & Remodeling + Stone Expressions + StoneBridge Builders + Structural Design Group, Inc. + Struve's Paint and Decorating + Robert G. Suk Law Office, PA + Summit Custom Homes, LLC + Summit Fire Protection Company + Superior Mechani- cal + Craig Swanson Builders, Inc. + Swenke Ims Contracting, LLC + Kenny Sylvester Construction, LLC + Synergy Products + Tag's Drywall, Inc. + Tamarack Materials, Inc. + Thatcher Pools & Spas, Inc. + Thermo-Tech Windows + Thiemann Construction, Inc. + Thimijan Custom Homes, LLC + Think Mutual Bank + Thomas Tool & Supply + Thompson's Garage Door and Openers + Tile Superstore & More + Tonna Mechanical, Inc. + Top Shop of Rochester, Inc. + Total Electric of Rochester, Inc. + Townsquare Media Rochester + Tradesmen Interna-tional, Inc. + Traditional Wood Builders + Tri Star Insulation + Tri State Insulated Concrete Forms + TSP Architects & Engineers + Tub MD, LLC + Turri Crane Service, Inc. + Turtle Creek Construction, Inc. + Ultimate Surfaces + United Heating & Cooling + United Products/Allied Building Products Corp. + United Rentals + The Urban Studio, LLC + US Bank + Valor Mechanical, Inc. + Val-U-Blinds + Vector Windows + Veit Companies + Vennehjem Building Corporation + Vertical Limit Construction + Viking Automatic Sprinkler Company + Viking Electric Supply + Vision Homes & Remodeling, LLC + WA Insurance + Warners' Stellian Appliance Co., Inc. + Waste Management + Wausau Homes + Wausau Supply + Weis Builders, Inc. + Greg Wellik Construction + Wells Concrete Products, Inc. + Wells Fargo Bank Minnesota NA + Wells Fargo Home Mortgage + Wendland Utz + Werner Electric Supply + West Bank + Jim Whiting Nursery & Garden Center, Inc. + WHKS & Company + Widseth Smith Nolting + Wildwood
Sports Bar and Grill + Wilson Tibor & Maves, Ltd. + Wintrust Mortgage + Women Communications, LLC + Workforce Development, Inc. + Wright Homes, Inc. + WSB & Associ-ates, Inc. + WT Lighting + Xcel Energy + XRG Concepts, LLC + Rick Yerhot Builder + Your Home Improvement Company + Zen Custom Homes + Zumbro Haven, LLC = RAB
SEPTEMBER2015 a publication of Rochester Area Builders, Inc.
F O U N D A T I O N S
A&A Electric & Underground, Inc. + AB Systems, Inc. + Abbco Company + ABC Supply Company, Inc. + Above All Roofing of Rochester, Inc. + Accord Electric, Inc. + Action Plumbing, Heating & A/C + Adair Electric Company + Adamson Motors + Advanced Builders & Remodeling + Advanced Builders, LLC + Advanced Building Center, Inc. + Advanced Disposal + Advantage Cabinets, Inc. + Ag Services, Inc. + Alexander & Sons Builders + All Craft Exteriors, LLC + Mike Allen Homes, LLC + Allen Outdoor Solutions, LLC + All-Star Basements + Altra Federal Credit Union + American Engineering Testing, Inc. + American Fence Company of MN, LLC + American Waterworks + Ames Construction, Inc. + Amirco, LLC + Anders-en Windows, Inc. + Anderson Construction + Appliance Village Company + Arcon Development, Inc. + Arrow Building Center + Associated Bank + Athelon Enterprises, LLC + B&C Plumbing & Heating, Inc. + BARK.L Consulting Engineers, LLC + Al Barker Custom Homes, Inc. + Barrier Free Access, Inc. + Basement Water Control + Batzel Builders, Inc. + BBHA Rochester, LLC + Beckley's Office Products + Beetles Bar & Grill, Inc. + Alvin E. Benike, Inc. + Scott Berberich Construction, LLC + Scott Berg Construction, LLC + Bessler Manage-ment + Beyond Kitchens, LLC + Bigelow & Lennon Construction, LLC + Bigelow Homes + K.W. Billman, Inc. + The Blue Book of Building & Construction + Bobcat of Rochester + Bob's Construction, Inc. + The Boldt Company + Bouquet Builders, Inc. + Bowman's Door Solutions + Brandrup Builders + Brauer Roofing, Inc. + Braun Intertec Corporation + Brekke Fireplace Shoppe + Bremer Bank + Brennan Companies + Bricewood, LLC + Briese Iron Works, Inc. + Bright Ideas + Brinkman Builders, LLC + Brock White Company + Tom Brogan Heating & Air Conditioning + Brooks Excavating Company, Inc. + C.O. Brown Agency + Bruce Bucknell Construction, Inc. + Budget Blinds + Building Products, Inc. + Burdick Builders, Inc. + Byrne Electric, Inc. + Cachiaras Building & Remodeling + Cambria + Carpet One + CarpetsPlus of Rochester + Castlewood Homes, Inc. + Centurion Ridge, LLC + Charter Communications/Media + Chladek Construction, LLC + Chosen Valley Testing, Inc. + Christian Brothers Cabinets + CHS, Inc. + City Auto Glass + City of Byron + City of Chatfield + City of Eyota + City of Preston + City of Spring Valley + Citywide Insulation, Inc. + Clarey's Safety Equipment + Clayton Thomas Blinds of Rochester + Clear Channel Radio (Laser/Fox/KFAN) + Clements Chevrolet Cadillac Subaru + CliftonLarsonAllen, LLP + Coldwell Banker Burnet + Commercial Leasing Services + Consolidated Communi-cations, Inc. + Construction Partnership, Inc. + Coordinated Business Systems, Ltd. + Corban Homes, LLC + Cordes Construction + Cornerstone Builders & Real Estate, Inc. + Corner-stone Designs of Rochester, Inc. + Corporate Web Services, Inc. + Counselor Realty of Rochester, Inc. + Countryside Builders, LLC + Cravath Homes, LLC, dba Accessibility Solutions + Creative Hardwood Floors + Crescent Electric Supply Company + CRW architecture + design group, inc. + Culligan of Rochester & Kasson + Curry's Custom Cut Gutter, LLC + Curtin Drywall, Inc. + Custom Alarm / CCI + Custom Homes by Bradley, Inc. + Custom Retaining Walls & Landscaping, Inc. + D2E, LLC + Dahl Home Builders, Inc. + Dakota Supply Group, Inc. + Data-Smart Computers, Inc. + DeGeus Tile & Granite + Derby Construction LLC + The Design Connection + Design Studio B + Destination Building Center + DeWitz Home Builders, Inc. + DiNicola & Pestka Appraisals + Distinguished Homes by Mitch Hagen, LLC + DMC Plumbing & Heating, Inc. + Dolan's Landscape Center, Inc. + DreamMaker Bath & Kitchen + Dunham Associates, Inc. + Dunlap & Seeger + JE Dunn Construction + Dura-Oak Kitchen Make Overs + Dynamic Masonry Products, LLC + eci, llc + Eckert Construction, Inc. + ECSI System Integrators + Edel Construction, LLC + Edina Realty Home Services + Todd Eidem Construction, Inc. + Elcor Construction, Inc. + Elcor Realty of Rochester, Inc. + Electrical Solutions & Service + Elgin Economic Development Authority + Elias Construction, LLC + Elsmore Plumbing, LLC + Emergent Networks + Energy Panel Structures + Energy Products & Design, Inc. + EOJohnson Business Technologies + Excel Homes + The Excelsior Group, LLC + Exclusive Home Builders & Remodelers + Expert Insulation, Inc. + Express Employment Professionals + Extreme Panel Technologies, Inc. + Fairway Outdoor Advertising, LLC + Fat Willy's Bar & Grill + Ferguson Enterprises + Fieldstone Family Homes, Inc. + Final Cut Construction + First Alliance Credit Union + First Choice Homes, LLC + First General Services of SE MN + First Security Bank + R. Fleming Construction, Inc. + FloCore + Ford Metro Glass, Inc. + Foster Construction, Inc. + Franklin Energy + Frattalone Companies, Inc. + Chris Fritsch Custom Homes, LLC + Gander Plumbing & Heating, Inc. + Dale Gathje Construction, Inc. + Steve Gentry Construction, LLC + Gerhards - The Kitchen & Bath Store + Robert Gill Builder, Inc. + Godwin Law Office + Goodin Compa-ny + GP Development, Inc. + Great River Overhead Door + Green Lawncare Irrigation & Service Co. + GulfEagle Supply + Habitat for Humanity - Rochester Area + Haley Comfort Systems (Authorized FireSide Dealer) + W.L. Hall Company + Hallmark Building Supplies, Inc. + Hammer Homes, Inc. + Hanson Construction & Specialty Cabinets, LLC + Harmony Economic Development Authority + Hartman Complete Lawncare, LLC + Hayfield Window & Door Company + HDR Architecture + Heartland Security + Heartman Insurance + Heart-wood Homes of Rochester, Inc. + Brandon Henderson's Construction Plus, LLC + Hentges Glass Company + HGA Architects and Engineers + Hicks Electric, Inc. + Higgins Custom Cabinetry + High Definition Homes, LLC + Hiller's Flooring America + HiMEC at Home + Jeff Hinkle Custom Homes + Hirshfield's Decorating Center + Holiday Inn Downtown + Holt Title Guaranty Company, Inc. + The Home Depot + Home Federal Savings Bank + Home Improvement Professionals, Inc. + Home Systems Installation, LLC + Howe Countertops + Hunt Electric Corporation + Hutch's Custom Cabinets + Int'l Brthrhd of Electrical Wrkrs Local 343 + Innovative Surfaces, Inc. + Insty Prints + IntegraSpec Central/Jeff Mueller Construction + J&M Consulting + Michael Jack, LLC + JC Custom Homes, LLC + JNS Builders, LLC + J.P. Johnson Custom Builders, Inc. + JP's Construction Remodeling & Repair, Inc. + K&M Glass Company + K&S Heating, A/C, Plumbing & Electrical + Kahler Hospitality Group + Tom Kalmes Construction, Inc. + Keller Williams Premier Realty + Key Builders, Inc. + Kimley-Horn & Associates, Inc. + King's Flooring, LLC + Kirkland Enterprises, LLC + The Kitchen Design Studio + Kitchens Plus + Gary Kline Roofing, Inc. + Knutson Construction Services + Koball's Poured Walls, Inc. + Kraus-Anderson Construction Company + Kreofsky Building Supplies + Kruger Electric, Inc. + Kruse Lumber + KTTC/KX- LT-TV + Kuehn Motor Company, Inc. + Kuntz Electric, Inc. + Kwik Trip, Inc. + Lacina Siding & Windows, Inc. + Laitala Tile Company + Larsen Industries, Inc. + Larson Siding & Windows + LeafGuard Gutters & Roofing of Rochester + Legends Concrete, Inc. + Leitzen Concrete Products, Inc. + Lewiston Economic Development Authority + Leyendecker Homebuilders, LLC + Lodermei- er's, Inc. + Low Voltage Contractors + Lowe's Home Improvement + Luxury Bath Remodeling + Maas Companies, Inc. + Maier Tree & Lawn + Majestic Homes, Inc. + R.J. Manemann Custom Homes + Manu-facturer's Bank & Trust + Maplewood H o m e s , LLC + Markham Homes, LLC + markit + Marvin Windows & Doors + Massey Land Surveying & Engineering + Master Builders, Inc. + Mavo Systems, Inc. + McGladrey + McGough Construc-tion + MDH, Inc. + Meadow Lakes Builders + MEC Construction, LLC + Med City Builders of Rochester, LLC + Menards - South + MEP Associ- ates + Merchants Bank + Merit Contracting, Inc. + MetLife Premier Client Group of the Upper Midwest + Meyer Borgman Johnson + Michael's Custom Cabinets, Inc. + Midwest Walls, LLC + Minnesota Energy Resources Corporation + Minnwest Bank + MLT Group + Morris Concrete, Inc. + Larry Newman Drywall + North Central States Regional Council + North Star Stone & Masonry + Northern Lights & Furnishings + Northgate Chiropractic Clinic + Nuss Truck & Equipment + Ohly Law Office + Olmsted County Planning Dept, Insp. Div. + Olmsted County Public Health + Olmsted National Bank + On Site Companies + Otis Custom Homes, LLC + Overhead Door Co. of Olmsted County + Owner's Plumbing, Inc. + O x i - F r e s h Carpet Cleaning + Paape Energy Services + Pace International + Pahl & Kaye, Inc. + Palmer Soderberg, Inc. + Paramark Corporation + PC Applications Consul- tants, Inc. + Pearson Builders, Inc. + Pebble Creek/Western Walls + Pegram & Dexter Construction & Design + Pella Windows &
Doors + Pendle Hansen Bagne Insurance + Penz Custom Homes, Inc. + People's Energy Cooperative + Peterson
Well Drilling, Inc. + Phantom Screens + Pine Island EDA + Pine Island Lumber + Pompeii Painting, Inc. +
Post-Bulletin Company, LLC + PowerLift Doors by French Mfg, Inc. + Powers Ventures + Prehn
Building Sales, Inc. + Premier Bank Rochester + Premier Builders of Rochester, Inc. +
Prime Time Painting of Rochester, LLC + PrimeLending + Priority Claims Service + Pro Image Promotions &
Apparel + ProBuild Company, LLC + Professional Education Resources, LLC +
Pros- cape of Rochester, LLC + Quality Overhead D o o r Company, Inc. + Quality Siding & Window, Inc. + Michael Quinn Law Office + R&M Development Company + Radcliffe Homes & Remodeling + Range Custom Homes, LLC + RCON Homes, Inc. + RE/MAX of Rochester + Region Millworks, Inc. + David Reiland Building Contractor, LLC + Reliable Contractors, Inc. + Renters Warehouse Rochester + Reynolds Design and Construction + Rochester Area Appraisals, LLC + Rochester Area Chamber of Commerce + Rochester Area Econ. Development, Inc. (RAEDI) + Rochester Area
Foundation + Rochester Asphalt, Inc. + Rochester Building Safety Department + Rochester Concrete Products, LLC + Rochester Plumbing & Heating/Roto Rooter + Rochester Public Utilities + Rochester Public Works + Rochester Ready Mix Concrete Co + Rochester Sign Service, Inc. + Roches- ter Title & Escrow Company, Inc. + Ronningen Roofing, Inc. + Rory's Home Improve- ment, LLC + RSP Architects + Ryan & Grinde, Ltd. + Ryan Electric, Inc. + Ryan Windows & Siding, Inc. + Rymark Construction, LLC + S&S Overhead Door, Inc. + Sargent's Landscape Nursery, Inc. + Schad Tracy Signs, Inc. + Schmidt Goodman Office Products + Schoeppner, Inc. + Schwickert's Tecta America, LLC + Seavey Builders, Inc. + SEH Yaggy + Dan Severson Builders, Inc. + Shanahan Building & Remodeling, LLC + Shingobee Builders, Inc. + Sign Here, Inc. + Simonson Builders, LLC + SL Contracting + Smart Home Innovations & Engineering, Inc. + Smith Schafer & Associ- ates, Ltd. + Solar Connection, Inc. + SOLO plumbing & ResSprinklers, LLC + Somerby Golf Community + Space Concepts, Inc. + Spahn & Rose Lumber Company + Greg Speedling Contracting, Inc. + Spring Valley Overhead Door, Inc. + Stadsvold's Lawn & Landscape + Stantec + Steel Constructors, Inc. + Stencil Homes + Sterling State Bank + Stevens Heating, Inc. + Stewartville Economic Development Authority + Stier Construction, Inc. + Stimets Home Building & Remodeling + Stone Expressions + StoneBridge Builders + Structural Design Group, Inc. + Struve's Paint and Decorating + Robert G. Suk Law Office, PA + Summit Custom Homes, LLC + Summit Fire Protection Company + Superior Mechani- cal + Craig Swanson Builders, Inc. + Swenke Ims Contracting, LLC + Kenny Sylvester Construction, LLC + Synergy Products + Tag's Drywall, Inc. + Tamarack Materials, Inc. + Thatcher Pools & Spas, Inc. + Thermo-Tech Windows + Thiemann Construction, Inc. + Thimijan Custom Homes, LLC + Think Mutual Bank + Thomas Tool & Supply + Thompson's Garage Door and Openers + Tile Superstore & More + Tonna Mechanical, Inc. + Top Shop of Rochester, Inc. + Total Electric of Rochester, Inc. + Townsquare Media Rochester + Tradesmen Interna-tional, Inc. + Traditional Wood Builders + Tri Star Insulation + Tri State Insulated Concrete Forms + TSP Architects & Engineers + Tub MD, LLC + Turri Crane Service, Inc. + Turtle Creek Construction, Inc. + Ultimate Surfaces + United Heating & Cooling + United Products/Allied Building Products Corp. + United Rentals + The Urban Studio, LLC + US Bank + Valor Mechanical, Inc. + Val-U-Blinds + Vector Windows + Veit Companies + Vennehjem Building Corporation + Vertical Limit Construction + Viking Automatic Sprinkler Company + Viking Electric Supply + Vision Homes & Remodeling, LLC + WA Insurance + Warners' Stellian Appliance Co., Inc. + Waste Management + Wausau Homes + Wausau Supply + Weis Builders, Inc. + Greg Wellik Construction + Wells Concrete Products, Inc. + Wells Fargo Bank Minnesota NA + Wells Fargo Home Mortgage + Wendland Utz + Werner Electric Supply + West Bank + Jim Whiting Nursery & Garden Center, Inc. + WHKS & Company + Widseth Smith Nolting + Wildwood
Sports Bar and Grill + Wilson Tibor & Maves, Ltd. + Wintrust Mortgage + Women Communications, LLC + Workforce Development, Inc. + Wright Homes, Inc. + WSB & Associ-ates, Inc. + WT Lighting + Xcel Energy + XRG Concepts, LLC + Rick Yerhot Builder + Your Home Improvement Company + Zen Custom Homes + Zumbro Haven, LLC = RAB
2016NewsletterAdvertising
Phone: (507) 282-7698Fax: (507) 282-6351E-Mail: [email protected]
12 FOUNDATIONS February 2016 www.RochesterAreaBuilders.com
www.RochesterAreaBuilders.com February 2016 FOUNDATIONS 13
14 FOUNDATIONS February 2016 www.RochesterAreaBuilders.com
December 2015
New Residential NUMBER VALUATION
Single Family Detached 4 1,100,800
Year End Totals
Single Family 47 10,717,480
Deck Addition 20 103829
Room Addition 2 27940
Basement Finish 22 292430
New Commercial 4 8793900
New Industrial 2 1382000
ByronBuilding Permits
2015 VALUATION 2014 VALUATION
New Residential Single Family Dwelling 30 8,335,580 27 7,412,497
Townhome Dwelling 12 2,752,469 0 0
Two-Family Houses 0 0 0 0
Multi-Family Bldgs 0 0 2 17,746,134
Manufactured Home 0 0 0 0 Existing Residential Deck Addition 4 38,230 2 4,380
Room Addition 2 125,480 3 153,000
Porch Additions 1 40,000 0 0
Other Additions 2 93,400 0 0
Basement Finish 22 449,509 29 343,385
Alterations 25 151,979 21 226,241
Multi-Family Addition 0 0 0 0
Multi-Family Alterations 2 14,033 1 5,000 New Commercial Assembly (Church) 0 0 0 0
Assembly (General) 0 0 0 0
Assembly (Restaurant/Bar) 0 0 0 0
Business 0 0 0 0
Education 0 0 0 0
Factory/Industrial 0 0 0 0
Institution 0 0 0 0
Mercantile 0 0 1 10,000,000
Miscellaneous 0 0 0 0
Residential (Apartment) 0 0 0 0
Residential (Care/Assisted Living) 0 0 1 4,572,756
Residential (Care/Hotel/Motel) 0 0 0 0
Storage (General) 0 0 0 0
Storage (Parking Garage) 0 0 0 0
Storage (Warehouse) 0 0 0 0
Utility (General) 0 0 2 33,500
Utility (Private Garage) 0 0 0 0 Existing CommercialAddition 0 0 0 0
Alterations 26 8,303,216 16 7,648,028
Structural Shell 1 1,345,000 0 0
“White Box” 0 0 0 0
Interior Demolition Only 1 10,000 1 2,100
Other Phased Permits 0 0 1 300,000
Other ConstructionBusiness Signs 8 45,578 27 368,015
Advertising Sign 0 0 0 0
Footings & Foundations 0 0 1 202,000
Demolition 9 1
Rochester Building Permits December 2015
January 39 27 25 3 13 3 6 19 11 20
February 31 19 15 1 8 8 20 15 14 19
March 37 30 29 16 27 24 32 29 28 30
April 58 44 27 29 25 19 29 39 25 22
May 69 50 30 33 20 14 22 27 35 19
June 59 43 36 40 12 26 32 33 47 51
July 36 60 23 22 23 8 39 39 38 29
August 36 43 28 26 15 18 38 21 60 33
September 31 33 28 33 10 19 22 22 23 27
October 49 34 19 31 14 16 23 34 35 49
November 38 23 26 32 21 20 22 26 26 23
December 23 11 16 15 12 16 14 22 27 42
TOTAL 506 417 302 281 200 191 299 326 369 364
Single Family Homes/Townhomes
Year To Date Statistics 2015 2014 NO. VALUATION NO. VALUATION
Building Permits Issued to Date 2383 484,095,237 2,358 397,772,603
Single Family Dwelling 289 71,997,081 375 85,577,343
Multi-Family Buildings Total Units: 1,156 33 142,500,263 4 21,748,186
Trade Permits Issued to Date 8115 109,051,746 8,020 97,997,072
Electrical 2641 48,355,291 2,642 43,871,856
Electrical (Temp. Service) 307 92,250 303 126,150
Mechanical 2015 30,111,966 2,107 27,031,901
Gas Piping 646 1,256,492 628 952,062
Fireplace 369 999,989 422 1,109,831
Hydronic System 150 8,829,532 185 8,124,871
Plumbing 1987 19,406,226 1,733 16,780,401
Total Permits YTD 10,498 593,146,973 10,378 495,769,675
Information and downloads available at Rochester Building Safety Department’s Website: http://www.rochestermn.gov/departments/building-safety/reports/building-permits
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
*total may differ as permits may have been voided.
www.RochesterAreaBuilders.com February 2016 FOUNDATIONS 15
NONE
MEMBERSHIPS PENDING:NONE
MEMBERSHIP TOTAL: 494RETENTION RATE: 93.4%
As of 11/30/15
The firms listed below have applied for membership in Rochester Area Builders, Inc.
WE WELCOME THE FOLLOWING NEW MEMBERS IN JANUARY:
Membership InformationMembership Renewals as of 12/31/15
Two to Four Years
Dunham Associates, Inc. 2013Five to Nine Years
Lodermeier's, Inc. 2011First Alliance Credit Union 2010Owner's Plumbing, Inc. 2010Beetles Bar & Grill, Inc. 2008Bobcat of Rochester 2008On Site Companies 2008Tom Kalmes Construction, Inc. 2008Vision Homes & Remodeling, LLC 2008XRG Concepts, LLC 2008Your Home Improvement Company 2008Crescent Electric Supply Company 2007Franklin Energy 2007Summit Fire Protection Company 2007Hutch's Custom Cabinets 2006Key Builders, Inc. 2006Kruger Electric, Inc. 2006Kwik Trip, Inc. 2006
Ten to 19 Years
Stantec 2004Tri State Insulated Concrete Forms 2004Simonson Builders, LLC 2000Brauer Roofing, Inc. 1999Michael's Custom Cabinets, Inc. 1999Gander Plumbing & Heating, Inc. 1998TSP Architects & Engineers 1997Waste Management 1997
20 to 24 Years
DreamMaker Bath & Kitchen 199225 Years & More
Region Millworks, Inc. 1989Custom Retaining Walls & Landscaping, Inc.
1988
Culligan of Rochester & Kasson 1987Edel Construction, LLC 1987Rochester Title & Escrow Company, Inc. 1987Tile Superstore & More 1985Curtin Drywall, Inc. 1983Custom Alarm / CCI 1981Wendland Utz 1968Home Federal Savings Bank 1955Post-Bulletin Company, LLC 1955US Bank 1955Kruse Lumber 1954
NEW APPLICANTS:
BlOOmiNg PrairiE EcONOmic DEvElOPmENt authOrity
138 Hwy Ave S - PO Box 68Blooming Prairie, MN 55917
Phone: 507-583-7573Contact: Tom Monson
Contributory MembershipGovernment Agency
Sponsored by:None Listed
DODgE cOuNty EcONOmic DEvElOPmENt authOrity
721 Main Street NorthMantorville, MN 55955
Phone: 507-635-6193Contact: Tom Monson
Contributory MembershipGovernment Agency
Sponsored by:None Listed
hamiltON PlumBiNg & hEatiNg, llc7919 Valley High Road NW
Byron, MN 55920Phone: 507-258-7644
Contact: Ryan HamiltonPlumbing & Heating
Associate MemberSponsored by:None Listed
JamEs harDiE BuilDiNg PrODucts
103 12th Avenue SERochester, MN 55904Phone: 507-261-0962
Contact: Brandon LarsonSupplier: Siding
Associate MemberSponsored by:None Listed
m.P. KayE, llc230 20th Avenue SWRochester, MN 55902Phone: 507-424-3657
Contact: Michael KayeResidential Builder/Remodeler
Builder MemberSponsored by:
Doug Burton – Traditional Wood Builders
miNNEsOta BuilDiNg cONtractOrs
3690 318th AvenueHarmony, MN 55939Phone: 612-419-8641Contact: Bill Ferrie
Roofing & RemodelingBuilder Member
Sponsored by:None Listed
sPriNg grOvE EcONOmic DEvElOPmENt authOrity
118 1st Avenue NWSpring Grove, MN 55974
Phone: 507-498-5221Contact: Tom Monson
Contributory MembershipGovernment Agency
Sponsored by:None Listed
tls cOmPaNiEs, llc1952 Kerry Drive NE
Rochester, MN 55906Phone: 507-208-0679
Contact: Todd SeversonGeneral Contractor
Builder MemberSponsored by:None Listed
WElls FargO PrivatE mOrtgagE BaNKiNg
21 1st Street SW – 2nd FloorRochester, MN 55902Phone: 507-285-2836Contact: Jon O’Reilly
MortgagesAssociate Member
Sponsored by:Don Hoerle - Castlewood Homes, Inc.
WEst cONcOrD EcONOmic DEvElOPmENt authOrity
180 Main StreetWest Concord, MN 55985
Phone: 507-527-2668Contact: Tom Monson
Contributory MembershipGovernment Agency
Sponsored by:None Listed
16 FOUNDATIONS February 2016 www.RochesterAreaBuilders.com
Looking at 2016, the domestic economic landscape looks solid, albeit unspectacular. The unemployment rate should continue falling, house prices are likely to rise by 5%, and the economy will be led almost entirely by the continuing improvement in household balance sheets, and in conjunction with increased employment and slightly faster wage growth. Government spending will be slightly higher in 2016 (but not enough to matter), capital expenditures by firms will remain weak, and exports will continue to suffer due to the strong US dollar. The most serious domestic problem is weak inflation, and it should begin to increase. Despite continuing poor global economic growth, the American economy will not weaken, but is also unlikely to strengthen much.
With this in mind, I expect full-year 2016 GDP to come in at 2.4%, slightly higher than the expected 2.2% GDP growth experienced in 2015. New housing starts should increase by about 12%, with total starts coming in at 1.25 million. Single-family starts will likely total 830,000, up from 710,000, while multifamily starts should hit 410,000, up from 400,000. New and existing home sales should rise by about 4% and end the year at 6.0 million, with mortgage purchase volume advancing by $60 billion and refinance activity falling by about $250 billion. Housing inventories should jump by about 150,000 units, to 5.5 months of inventory, up from 5.0 months now.
Given the continued improving labor market, expect net new monthly job growth to average 185,000/month, which while down from 205,000/month in 2015, is excellent given the shrinking size of the working age population. As a result, the unemployment rate should fall from 5.0% today to between 4.6% and 4.8% by year end and possibly lower, depending upon the behavior of the labor
force participation rate (LFPR). If the LFPR rises, and that would be good, unemployment may end the year as high as 4.8%, but if the LFPR continues to fall, an unemployment rate of 4.6% or even 4.5% is distinctly possible.
As for inflation, headline inflation will noticeably increase while core inflation (which excludes food and energy) edges up only slightly. Inflation should rise because energy and commodity prices are not likely to fall further and the dollar is unlikely to continue strengthening. As a result, the downward pressure these forces have exerted on headline inflation will cease and headline inflation, now at 0.3%, should move towards the core rate which is now at 1.3% and will probably rise to 1.7% by year end, which is still below the Fed target of 2%. As a result, the Federal Reserve will have the luxury of time to slowly raise the federal funds rate from where it is now, between 0.25% and 0.50%, to between 1.00% and 1.25% by year end, with a rate increase coming every three to four months.
As a result of slightly faster GDP growth and falling unemployment in 2016, 10-year Treasuries will end the year at 2.75% and 30-year mortgage rates will probably hover around 4.5% as the yield curve flattens due to faster rising short-term rates. But slightly easing credit conditions and rising consumer spending due to improving employment numbers and wages will keep the economy and housing market on track despite mildly higher interest rates. Finally, I put the chances of a recession in 2016 at 15% to 20%. So look forward to steady economic activity in 2016 and fear not slowly ascending interest rates.
+++++++++++++++++
Economic Forecast for 2016 +++++++ Slightly Better Than 2015 + + + + + + + + + + +Elliot Eisenberg, Ph.D. + + + + + + + + + + + + + + +
Elliot Eisenberg, Ph.D. is President of GraphsandLaughs, LLC and can be reached at [email protected]. His daily 70 word economics
and policy blog can be seen at www.econ70.com.
www.RochesterAreaBuilders.com February 2016 FOUNDATIONS 17
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