Industry Outlook 2015: Prefabricated Metal Buildings

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Freedom Steel has reported that the onset of 2015 has begun with all indication of continuation and expansion of the previous year’s booming construction growth. With construction starts anticipated to top $600 billion, the Metal Building Manufacturer Association estimates over $2 billion to be allocated to Metal Buildings.

The momentum we see going into 2015 is unlike anything seen in the last 5 years.

The onset of 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%, an increase in the 2014 prediction of 5% according to the 2015 Dodge Construction Outlook. With construction starts anticipated to top $600 billion, the Metal Building Manufacturer Association estimates over $2 billion to be allocated to Metal Buildings.

A rebounding economy and loosening construction lending coupled with crippling supply, manufacturing growth, and consumer spending rise has provided for the rise in demand for Metal Buildings. The most popular building for agricultural, aviation, equestrian and warehouse use, Prefabricated Buildings in 2014 have undergone a tremendous surge as businesses look to expand into larger spaces and additional locations.

Throughout 2014, Metal Building Suppliers have been expanding to keep up. “This past year we grew our Project Management, Engineering and Customer Service Departments to maintain customer expectations,” stated Sean Hackner, Founder and CEO of Freedom Steel Buildings in Delray Beach, FL. Mr. Hackner went on to say, “The momentum we see going into 2015 is unlike anything seen in the last 5 years, we are excited and ready to maintain our position as the leading global supplier of Steel Buildings.”

To conclude, the industry outlook for 2015 for Prefabricated Metal Buildings is extremely positive and continued growth is expected.

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Dave Goldstein
Freedom Steel
+1 (800) 630-2846
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Freedom Steel
since: 10/2010
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