Outlook positive for prefabricated metal building industry

2015 has begun with all indication of continuation and expansion of the previous year’s booming construction growth. U.S construction starts are predicted to rise by 9 percent, an increase in the 2014 prediction of 5 percent according to the 2015 Dodge Construction Outlook. With construction starts anticipated to top $600 billion, the Metal Building Manufacturer Association estimates more than $2 billion will be allocated to metal buildings.

A rebounding economy and loosening construction lending coupled with crippling supply, manufacturing growth, and consumer spending rise have provided for the rise in demand for metal buildings.

Throughout 2014 many metal building suppliers had to expand to keep up. “This past year we grew our project management, engineering, and customer service departments to maintain customer expectations,” said Sean Hackner, founder and CEO of Freedom Steel Buildings in Delray Beach, Fla. “The momentum we see going into 2015 is unlike anything seen in the last five years.”