OT: How’s business?
Rennlist Member
Joined: May 2012
Posts: 2,381
Likes: 1,006
From: TO
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Rennlist Member
Joined: Jan 2013
Posts: 1,697
Likes: 458
From: Tdot
Residential and commercial construction. It's starting to slow and I have had jobs get cancelled last 12 months for variety of reasons. Some clients want all the bells and whistles...it ain't cheap in this market.
That being said, we are mostly self funded and we love doing our spec projects, so we have used the opportunity to scoop up a few properties and projects where others have cold feet. No risk no reward.
Good luck to everyone.
That being said, we are mostly self funded and we love doing our spec projects, so we have used the opportunity to scoop up a few properties and projects where others have cold feet. No risk no reward.
Good luck to everyone.
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Drifting
Joined: May 2012
Posts: 2,773
Likes: 224
From: Toronto
Q1 always slow in my industry (downstream oil industry) and budgeted accordingly - so far top line and volumes up ~5.5% YoY
Spring looks promising and pent up demand from second half of last year should make for a very strong Q2 and Q3 in base oil, finished lube, RFO etc
We've just started producing Grp III base oil in volume at one of our re-refineries which is very exciting as the price diff to Grp II+ per gallon is significant and margins far superior.
Our incinerators and PFAS waste solutions are sold out capacity wise for almost the next year.
Great time to be in the recycling industry and 3X larger than your closest competitor. 😎
Spring looks promising and pent up demand from second half of last year should make for a very strong Q2 and Q3 in base oil, finished lube, RFO etc
We've just started producing Grp III base oil in volume at one of our re-refineries which is very exciting as the price diff to Grp II+ per gallon is significant and margins far superior.
Our incinerators and PFAS waste solutions are sold out capacity wise for almost the next year.
Great time to be in the recycling industry and 3X larger than your closest competitor. 😎
Last edited by Pags993; Mar 15, 2024 at 01:10 PM.
Rennlist Member
Joined: May 2021
Posts: 347
Likes: 417
From: New Brunswick, Canada
Commercial, Industrial and Institutional projects are quite abundant in Atlantic Canada right now and we are exceptionally busy - i'm in Commercial and Industrial lighting and controls.
