Supply Chain Update | July 7, 2020
In general, Gilbane Building Company saw signs of stabilization in both price and availability of critical building materials for the month of June. While we continue to communicate regularly with representatives from all related markets, there appears to be no significant supply risk at this time. Of note, both the primary and fabricated metals industries reported decreased production in June, possibly signifying efforts to reduce inventories. We’ll continue to monitor these categories in particular for price and/or availability implications.