After a modest downturn, homeowner expenditures for residential remodeling are expected to trend up through the first half of 2025, according to the latest outlook for U.S. home improvement and repair spending to owner-occupied homes. https://lnkd.in/gZHZynHc
FEI Group
Wholesale Building Materials
Marietta, GA 3,412 followers
The nation’s largest and finest network of interior and exterior finish contractors and interior finish showrooms
About us
FEI Group is the nation’s largest and finest network of interior and exterior finish contractors and interior finish showrooms. We support flooring, cabinet, countertop, decorative plumbing/hardware and roofing business owners by offering sales training and operational resources, business insurance, national business programs, benchmarking, best practices and brand marketing. Membership in FEI is an opportunity to leverage relationships with the best of the best in these respective industry segments. For those companies who meet our criteria, we are the only resource you need to achieve your goals. We drive relationships that produce results. Meaningful interaction among like-minded business people facing similar challenges is rare in today’s fast-paced world. We organize and facilitate events and activities that bring the best in the business face-to-face. Whether it’s Member site visits, regional meetings, manufacturer tours, benchmarking workshops, trade shows, monthly conference calls or our National Conference, all are results oriented.
- Website
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http://feigroup.net
External link for FEI Group
- Industry
- Wholesale Building Materials
- Company size
- 11-50 employees
- Headquarters
- Marietta, GA
- Type
- Privately Held
- Founded
- 1998
- Specialties
- single-family residential flooring, multifamily flooring, cabinets, countertops, decorative plumbing, hardware, and interior finish products
Locations
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Primary
Get directions
811 Livingston Court
Suite A
Marietta, GA 30067, US
Employees at FEI Group
Updates
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ECA member Capital Construction's Katie Bergeson, CFO, has been honored as one of Minneapolis’ Top 50 Women Leaders of 2024. Katie’s exceptional financial acumen and strategic leadership have been integral to Capital Construction’s remarkable growth and success. Her dedication to the company and the business community is truly inspiring. Congratulations, Katie!
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FEI Group supply partner MasterBrand, Inc. announced that it has completed its acquisition of Dura Supreme Cabinetry, a highly regarded cabinetry company and also an FEI supply partner, from GHK Capital Partners for $520 million in cash. https://lnkd.in/g3Wqw-U4
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A few more photos from our meeting at Thornton Flooring in Sioux Falls last month. We continue to marvel over how far the business has come since its inception in a single-car garage in 1975. What a story!
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The twin-peaked lumber bubble of 2021 and 2022 that once drove home building costs through the roof and exacerbated inflation is now nothing more than a memory. Spot lumber prices have plummeted 75% from their May 2021 record high of $1,514 per thousand board feet to just $366 this week, roughly matching pre-pandemic levels, according to Random Lengths’ Framing Lumber Composite Price Index. Lumber’s price drop has been particularly dramatic in just the last 90 days in the futures market, with contract prices for July falling 28% to $466 per thousand board feet (futures prices are around $100 above spot prices due to a delivery fee). https://lnkd.in/e7tUY4QZ
Lumber prices are plunging. Blame the record drop in U.S. housing affordability and a post-pandemic double bubble ‘hangover’
finance.yahoo.com
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KKR has completed its largest-ever purchase of apartment buildings, the latest in a string of big-ticket deals, signaling that some of the most prominent investment firms are betting on a broad rebound for multifamily housing. https://lnkd.in/g7mznREX
Exclusive | KKR Makes Its Biggest Foray Into Apartments, Betting on Rising Rents
wsj.com
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Keely Roberts met ECA members and supply partners in Atlanta this week for the SkillsUSA National Leadership & Skills Conference. Among the Commercial Roofing competition sponsors were ECA members Patrick Cochran of Red Dog's Roofing, Steve Little of KPost Company and Susan DeGrassi of Antis Roofing & Waterproofing. Additional sponsors and ECA partners were SRS Distribution Inc., Atlas Roofing Corporation, National Women in Roofing (NWiR), National Roofing Contractors Association (NRCA) and RoofersCoffeeShop®. The SkillsUSA Championships is the premier showcase of America’s most highly skilled career and technical education students. It’s also one of the largest hands-on workforce development events in the world.
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Matt Thornton, president and second-generation leader of Thornton Flooring, hosted Home Solutions members at his stunning, new 109k square foot facility in Sioux Falls, SD this week. The design concept is a clean, modern, industrial look. Selecting floors here is truly an experience!
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