«Builders» margins are squeezed by rising
labor and materials prices, so they are not meeting demand for entry - level and move - up homes.
Not exact matches
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements
and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business
and execute our growth strategy, including the timing, execution,
and profitability of new
and maturing programs; 2) our ability to perform our obligations under our new
and maturing commercial, business aircraft,
and military development programs,
and the related recurring production; 3) our ability to accurately estimate
and manage performance, cost,
and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures
and the potential for additional forward losses on new
and maturing programs; 5) our ability to accommodate,
and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand
and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market
and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries
and markets in which we operate in the U.S.
and globally
and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success
and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco,
and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future
pricing under our supply agreements with Boeing
and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing
and Airbus,
and other customers,
and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's
and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from
labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets
and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase
price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers
and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws
and U.S.
and foreign anti-bribery laws such as the Foreign Corrupt Practices Act
and the United Kingdom Bribery Act,
and environmental laws
and agency regulations, both in the U.S.
and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts
and Jobs Act (the «TCJA») that was enacted on December 22, 2017,
and changes to the interpretations of or guidance related thereto,
and the Company's ability to accurately calculate
and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost
and availability of raw
materials and purchased components; 23) our ability to recruit
and retain a critical mass of highly - skilled employees
and our relationships with the unions representing many of our employees; 24) spending by the U.S.
and other governments on defense; 25) the possibility that our cash flows
and our credit facility may not be adequate for our additional capital needs or for payment of interest on,
and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims,
and regulatory actions; 30) exposure to potential product liability
and warranty claims; 31) our ability to effectively assess, manage
and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business
and generate synergies
and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships
and other business disruptions for ourselves
and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws,
and domestic
and foreign government policies;
and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
Such risks, uncertainties
and other factors include, without limitation: (1) the effect of economic conditions in the industries
and markets in which United Technologies
and Rockwell Collins operate in the U.S.
and globally
and any changes therein, including financial market conditions, fluctuations in commodity
prices, interest rates
and foreign currency exchange rates, levels of end market demand in construction
and in both the commercial
and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions
and natural disasters
and the financial condition of our customers
and suppliers; (2) challenges in the development, production, delivery, support, performance
and realization of the anticipated benefits of advanced technologies
and new products
and services; (3) the scope, nature, impact or timing of acquisition
and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses
and realization of synergies
and opportunities for growth
and innovation; (4) future timing
and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition,
and capital spending
and research
and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability of credit
and factors that may affect such availability, including credit market conditions
and our capital structure; (6) the timing
and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions
and the level of other investing activities
and uses of cash, including in connection with the proposed acquisition of Rockwell; (7) delays
and disruption in delivery of
materials and services from suppliers; (8) company
and customer - directed cost reduction efforts
and restructuring costs
and savings
and other consequences thereof; (9) new business
and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification
and balance of operations across product lines, regions
and industries; (12) the outcome of legal proceedings, investigations
and other contingencies; (13) pension plan assumptions
and future contributions; (14) the impact of the negotiation of collective bargaining agreements
and labor disputes; (15) the effect of changes in political conditions in the U.S.
and other countries in which United Technologies
and Rockwell Collins operate, including the effect of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies
and currency exchange rates in the near term
and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts
and Jobs Act of 2017), environmental, regulatory (including among other things import / export)
and other laws
and regulations in the U.S.
and other countries in which United Technologies
and Rockwell Collins operate; (17) the ability of United Technologies
and Rockwell Collins to receive the required regulatory approvals (
and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger)
and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market
price of United Technologies»
and / or Rockwell Collins» common stock
and / or on their respective financial performance; (20) risks related to Rockwell Collins
and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs
and / or unknown liabilities; (22) risks associated with third party contracts containing consent
and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings;
and (24) the ability of United Technologies
and Rockwell Collins, or the combined company, to retain
and hire key personnel.
One reason was that our
pricing was too high, because of our raw
materials costs
and labor rates.
The fees are one of many factors driving up the cost of buying or renting a home, including income inequality, restrictive zoning, low construction productivity, a historic slowdown in housing production,
and high
prices for land,
materials,
and labor.
-- it will face continued margin pressures «due to higher
labor content in certain areas of manufacturing where we have temporarily dialed back automation, as well as higher
material costs from recently imposed tariffs, commodity
price increases
and a weaker US dollar.»
Builders say they can't lower
prices much or build cheaper starter homes because of the high costs of land,
labor and materials.
We also have experienced,
and may experience in the future, gross margin declines in certain businesses, reflecting the effect of items such as competitive
pricing pressures, inventory write - downs
and increases in component
and manufacturing costs resulting from higher
labor and material costs borne by our manufacturers
and suppliers that, as a result of competitive
pricing pressures or other factors, we are unable to pass on to our customers.
The reason behind this is the nearly full employment in China's
labor market
and rise in wages, which to some extent have offset the influence brought by
price drops in energy
and raw
materials.
Make sure you factor the
price of
labor and materials, as well as indirect expenses needed to operate the business,
and the amount of money needed to make a profit.
Manufacturers that make traditional crystalline silicon solar panels are boosting efficiencies
and dropping
prices thanks to equipment improvements plus cheap Chinese
labor and materials.
They say their cost for
material and labor exceeds the other dealerships special
prices.
Prices begin from $ 129 plus hardware component upgrades
and material used, any additional
labor required,
and return packaging
material.
Once these set - up costs become absorbed into the
price per book, you are only paying for the machine time,
labor,
and material cost that are needed to print a book.
The RCV is the amount it will cost to rebuild your house at the current
prices for
labor and materials.
This includes the
price paid for land,
labor,
materials, architects, contractors, building permits, inspections,
and fees to rent equipment.
The amount of your final loan is the total of the home's sales
price and the estimated cost of the repairs you'll be making, including the cost of
labor and materials.
In general, the cost depends on the
price of the
material and the amount of
labor required.
When you sell the spec home, you will owe taxes on the sales
price minus the cost of the home, including the land,
materials, paid
labor,
and other expenses.
The
prices include the value of the original
materials and the artist's
labor.
But Mackey did much of the tailoring for her first coats by hand,
and taking
materials and labor into account, she had to
price the coats above what she wanted to.
State made several flawed assumptions in its environmental review, including 1) an unrealistically low cost for transporting tar sands by rail from Alberta to Texas, 2) an inaccurate estimate of tar sands production costs
and 3) an unrealistic assumption that tar sands production costs will not increase with rising
labor,
material and energy
prices.
-LSB-...] Generally, you can expect
materials to make up about 40 % of a bid
price, with roughly 40 % set aside for
labor,
and the remaining 20 % or so added as the contractor's profit.
When making a homeowners insurance estimate, you should begin by considering the amount it would cost to totally rebuild your house at current
prices for
labor and materials.
Market values fluctuate
and material and labor prices are different across the country.
Just imagine losing your house to a fire or natural disaster
and you can't afford to have it rebuilt because
materials and labor have gone up in
price.
The RCV is the amount it will cost to rebuild your house at the current
prices for
labor and materials.
Qualifications Planning / Scheduling Technical Sales / Order Adjustment Quality Control Team - Building
and Training Business Development
Pricing / Warranties
Materials and Labor Estimating Operations / Account Management Commercial Manufacturing
Reviewed contracts to ascertain service, machine,
and work force requirements; answered inquiries from potential customers regarding methods,
material,
and price ranges;
and prepared estimates according to
labor,
material,
and machine costs.
Maintained current files on all
labor bids, contract information,
material pricing,
and product information.
Review project cost incurred to date by cost type
and forecasting future costs on
labor productivity,
materials / equipment
price increases, subcontracts, wage rates, risk
and other related factors.
As per our agreed terms the
labor was around 60 % of the total agreed
price and 40 % for the
materials.
«Our members are excited about the year ahead, even as they continue to face building
material price increases
and shortages of
labor and lots.»
Now, more are disappearing as
prices for housing,
materials and labor continue to move up,
and at a faster pace in some locations.
Expect shortages
and price increases in construction
material and shortages in
labor.
«Builders continue to face a number of challenges, including rising
material prices, higher mortgage rates,
and shortages of lots
and labor.»
«Rising
material prices, particularly lumber, along with chronic shortages of buildable lots
and skilled
labor are putting upward pressure on home
prices and impeding a more robust housing recovery.»
Labor and materials costs have risen, but the escalation in land
prices has been particularly noteworthy.
«Contractors generally can not pass these costs along on projects that have broken ground,
and the data show they have not been able to
price new buildings at a level that reflects their rising
materials, services
and labor costs.»
«As housing demand grows, builders need to manage increasing costs for
labor, lots
and building
materials to keep their homes competitively
priced.»
«However, they need to manage supply - side construction hurdles, such as shortages of
labor and lots
and building
material price increases.»
Though an undeniably favorable climate for prospective homebuyers, Gallagher cautioned that the rising costs of building
materials and labor will eventually drive up new home
prices in new home communities across Chicagoland.
By using VR to preview
and make choices in advance tenants will be able to immediately determine the cost for office buildout
and leverage technology that can determine
pricing for
materials and labor in real - time.
One is low supply, but rising building costs for lots,
materials and labor will also boost new home sales
prices.
Emerging issues include lot
and labor shortages
and price spikes on some building
materials.
He advises clients on the building process, interviews builders,
and negotiates
prices for
labor and materials.
Industry analysts cite
labor shortages, restrictive zoning laws
and materials prices among the reasons.
The recovery will likely be slower for home sales
and home building, however, as the
labor shortage
and rising
material prices will likely worsen after the hurricanes, exacerbating already - tight inventory.»
But as NAHB economist Natalia Siniavskaia points out in a recent Eye On Housing blog post, it's largely due to the rising
prices of
labor and materials, which are outpacing the increasing cost of lots.
Nonetheless, home builders continue to face building
material price increases
and shortages of
labor and lots.