Housing Giants - July 10, 2008 - (Page 11)

sHelby Homes adds new team members Shelby Homes has a new member on its management team. Ronald Yuter joins the team as the chief operating officer and Ronald Yuter senior vice president for Shelby Homes. Yuter will work with Robert Shelley, president and CEO of Shelby Homes. Yuter’s new responsibilities include product development; sales and marketing; construction; purchasing; and customer service departments. Jack Short at Shelby Homes has been promoted to CFO and executive vice president. Short has been with the company for more than nine years. Short will oversee all the financial, forecasting, internal operations and administrative issues of the company. Building Materials Trend Skyward Don Magruder, vice president and general manager of Ro-Mac Lumber & Supply in Ocala, Fla., started measuring the movement of residential building materials prices in the spring of 2005 with what he calls the Whole House Commodity Index. Builders throughout Florida watch it closely. That index peaked in November 2005 before heading into a long decline to the bottom of the cycle in March this year. But since March, the trend line is almost straight up. “It’s a snapshot of all the basic commodities needed to build a no-frills, 2,250-square-foot frame house on a 3-foot stem wall,” Magruder says. “We set it up that way because we straddle the line between markets that are mostly frame and those that build mostly with concrete block. So we measure nearly equal amounts of framing lumber and block, as well as trusses, doors, windows continued on the next page > w at: ell kno er Powusiness.com nnif Let Je s@reedb hgnew GOT ? NEWS www.Housinggiants.com 7.10.08.Housing giants 11 http://www.shelby-homes.com/about.php http://www.romaclumber.com/ http://www.romaclumber.com/ http://www.housinggiants.com

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Housing Giants - July 10, 2008 Contents Viewpoint News & Moves Tech M&A Critical Management Series Part 1

Housing Giants - July 10, 2008

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