Mr. Ron Musolino

GLG News by Mr. Ron Musolino, President

GLG News is now G+ Insights

G+ is a community for professionals, academics and entrepreneurs to connect through online discussions and in-person meetings. You will continue to see G+ Insights (formerly GLG News) here as well as on the G+ website, where you can share and discuss the G+ Insights you read.

Is The Pain of the Housing Recession Close to Ending?

October 21, 2010

Analysis of:U.S.: Is The Housing Recession Starting To Recede? | www.businessweek.com

In a time where there's so much bad news, can we at least be comforted that the decline in home building will soon end? With all the complex issues plaguing the economy, there is no end in sight for the housing recession we are in. Serious problems, such as unavailability of financing, high foreclosures, potential tax increases and growing unemployment are all counter to a return to home construction "normalcy." It will be years before we could right ourselves and make the necessary corrections to get things going again.

Norbord's OSB Survival Strategy in North America

February 27, 2008

Analysis of:Norbord To Review Operating Alternatives At Genk, Belgium | www.newswire.ca

Norbord's European and UK operations comprise a relatively small part of their revenues.  OSB and wood plant operations in North America provide the majority.  It will be their ability to survive the depressed North American housing market in 2008 that will determine their success and continued viability.

Homebuilding Decline Affects More Than Home Builder

February 11, 2008

Analysis of:Toll Brothers' First Quarter Revenues Off 22% | www.builderonline.com

The home building industry remains depressed and builders are reporting falling revenues and big losses.  For those who survive, will the infrastructure of suppliers, distributors and tradesmen be there to support them for the next "up" building cycle?

GP strengthens position as major plywood panel producer

July 2, 2007

Analysis of:Georgia-Pacific Completes Acquisition of International Paper Wood Products Facilities | www.gp.com

Plywood prices remain high in spite of depressed housing market.  GP's purchase of IP plants will help to strengthen those levels.  However, it will not affect its market position nor prestige as a major paper products manufacturer. 

The Housing Market: Poised for a Sudden Reversal?

June 11, 2007

Analysis of:U.S.: Is The Housing Recession Starting To Recede? | www.businessweek.com

April's new home sales data showed the largest monthly gain in 14 years.  Could this signal the start of the next housing boom?  Several negative factors indicate otherwise.

The Depressed Housing Market: How Long Can Building Products Companies Hold On?

May 30, 2007

Analysis of:Building Plans Fall to 10-Year Low, But Some See Hope | www.investors.com

Who among all the participants will survive the continuing slow housing market?  In this integrated industry, the pain from declining revenues and profits in the red span the gamut of participants, from builders down to wood cutters in the forest?  Is anyone exempt?  Who is positioned to survive?  Wood panel manufacturers (mostly OSB) are especially vulnerable, as prices are one fourth of what they were three years ago.  Who among the North American producers is best positioned to withstand a lengthy down cycle?  Who is most vulnerable? How do depressed wood product prices affect building products distributors?  Do low prices help a builder's bottom line? Since wood panels are commodities, shouldn't producers understand the nature of up and down cycles, i.e., good times and bad, and prepare for them?

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