Brief Excerpt from Industry Overview Chapter:
Companies in this industry are engaged in structural framing and sheathing of buildings. No major companies dominate the industry.
Demand is driven heavily by new home construction. The profitability of individual companies depends on a steady volume of contracted work, accurate work estimation, and cost controls. Large companies have advantages in working in multiple geographies and may have relationships with high-volume production homebuilders. Small companies compete based on quality service and local reputation. The industry is fragmented, and small companies are prevalent. Three-fourths of US framing contractors have fewer than five employees.
PRODUCTS, OPERATIONS & TECHNOLOGY
Major services include framing for new construction (70% of industry revenue) and remodeling and repair (30%). Single-family homes account for about half of framing contractors' business.
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