CMI NEWS & ANNOUNCEMENTS

FOR IMMEDIATE RELEASE: Nail Update December 04, 2017 Continental Materials, as the leader and one of the largest suppliers of roofing nails from China, continues to be committed to keeping our customers and the market informed with accurate “in the moment” information on current nail issues. We at CMI, now in our 60th year, know how important it is to have reliable information so our customers can make the decisions needed to allow them to run their businesses successfully. Recent government mandated steel plant closures have really started to drive higher steel costs for all metal based products. Wire rod […]

FOR IMMEDIATE RELEASE: Fasteners & Plastic Caps November 13, 2017   Continental Materials, as a leader in the nail business for 60 years, continues to be committed to keeping our customers informed with accurate information on the current issues regarding roofing nails being produced in China. We are one the largest importers in this product group with our two primary CMI coil nail producing plants, and a number of additional CMI Qualified coil nail producing locations. All plants have again agreed to our strict quality control certification requirements. The CMI management team recently returned from a 12-day extensive tour of […]

FOR IMMEDIATE RELEASE: Important Nail Update – Dade County Approved Roofing Nails September 27, 2017   Continental Materials, Inc. (CMI) is a market leader in Roofing and Construction fasteners since 1958. Supplying Dade County Approved Roofing Nails and Tin Caps is an important part of that business and our role as market leaders. As market leaders it is important to keep you our valued customers informed of the challenging supply issues we are all experiencing tied into the ongoing supply hurdles encountered in China; and well documented in our previous roofing nail updates. Copies of these prior announcements are available […]

FOR IMMEDIATE RELEASE: Continental Materials Announces Sean Fitzpatrick as Regional Manager for the West United States September 25, 2017   Continental Materials, Inc. (CMI) is proud to announce that Sean Fitzpatrick has joined the CMI team taking on the role of Regional Sales Manager for the West US market. “We are excited to add a person with Sean’s experience and industry knowledge. He will be a strong asset to CMI as we continue to grow our business and product offering in the western markets”, says Peter Fischer, CMI President and CEO. “With the addition of a quality person like Sean, along with his professional capabilities, […]

FOR IMMEDIATE RELEASE: Nail Supply Update September 19, 2017   CMI, as leaders in the nail business since 1958, is committed to keeping our customers informed with accurate information on the steel and galvanizing plant closures in China that effect the production of roofing nails and associated products. CMI IS OPEN FOR BUSINESS AND Taking NAIL ORDERS TO SUPPORT OUR REGULAR CUSTOMERS. Please click here for an article and map of the primary areas affected by the mandated strict environmental regulatory hurdles. The largest circle on the map with Shandong Province in the center is where 80 % of the […]

FOR IMMEDIATE RELEASE: Organizational Changes – Supporting our Valued Customers and CMI Business Growth September 1, 2017   Continental Materials, Inc. (CMI) is pleased to announce several organizational changes and promotions of key employees that will reinforce CMI’s commitment to its customers and business partners as well as the expansion and support of its growing business. Dave Dickherber – has been promoted to Vice President of Sales for CMI’s South Central Region. “Dave’s geographic responsibilities will now expand to the markets of Colorado, Nebraska and Iowa, and assist in supervising the Mid-West Region. In addition Dave will be responsible for […]

FOR IMMEDIATE RELEASE: Nail Supply/Galvanizing Process Shut-Down Update August 25, 2017 CMI continues to be committed to keeping our customers apprised of up to date information regarding coil roofing nails to allow you to manage your business accordingly. The ongoing mandated government shut down of the galvanizing and plating lines in China are ongoing. While the original June shutdowns were locally mandated by regional government authorities, the August 12, 2017 shutdowns were federally mandated. Click here for the recent article that explains this from Reuters News Agency. Galvanizing and plating operations are very chemical intensive with Zinc and other rust-inhibiting […]

FOR IMMEDIATE RELEASE: Nail Supply Update August 18, 2017   As leaders in the supply of roofing nails CMI has a commitment and obligation to keep our customers informed of market and supply issues that may affect their businesses. As you know we have already made sure our customers are being kept up to date on the recent run-up in steel prices and freight that that is driving significant delivered cost increases. Nail supply has been previously delayed by the Chinese government’s mandated temporary shutdowns of nail galvanizing/plating lines in early summer. Most of the backlog of orders had finally […]

FOR IMMEDIATE RELEASE: Continued Increase in China Steel and Rising Ocean Freight Raise Nail Prices to Highest Level in Recent Years August 14, 2017   The price of steel continues to be very volatile and moves almost daily. Since July 1, the price of wire rod has increased over 10% to 4200 RMB per ton, a 5 year high. Forced steel plant shut downs by the Chinese government for a myriad of reasons and the increase in the cost of iron ore used to make steel are driving these increases. Additionally the Chinese currency has been devalued against the US […]